In the Worldwide Governance Indicators (WGI) six dimensions of governance, the Philippines rank in the lower half of the percentile. The drop of trust by the actors of governance and the significant poor economic condition were brought by the corruption of the public officials and private organizations. Different political parties, police, public
An early and narrower definition of public sector governance proposed by the World Bank in 1992 is that: "Governance is the manner in which power is exercised in the management of a Country’s economic and social resources for development” In another definition, the variety of perspective governance brings to a country or nation is defined as:" The traditions and institutions by which authority in a country is exercised. This includes the process by which governments are selected , monitored and replaced;
Government State and Society (Governance) Impact of Governance on Development Today in the present world, most countries have the core object of governance in the “public good provisioning ” leitmotif. According to the main principles ; accountability, participation and transparency, from the governance ecology interaction between the State, Civil Society and Market –place, within the global-village environment, (Higgot and Ougaard 2002; Stiglitz 2003; Woods 2006) “Governance Deteriorate the Economical
point around, independence and insulation may limit NGOs influence, its ability to advocate policy and reach its target population. According to the UNDP (2014), “The quality of management of a nation’s economic, social, and political affairs, or governance, is the single most important influence on the extent to which its human and natural resources are used for the benefit of all, now and in the future.” The statement also applies to NGO as ... ... middle of paper ... ...them to take on future
Governance Though the idea of Governance is not new and is as old as human civilization, recently, the term Governance is widely used; yet, with various definitions to the term. In a basic send, Governance is defined as city, a company, etc. is controlled by the people who run it (Merriam-Webster Dictionary, 2015). Governance can also be identified to describe a process of policy formulation in which state actors share power with private actors (Rhodes, 1997). Renate Mayntz defined governance as
Metro was founded by Otto Beishem in 1964 when the first Metro Cash & Carry store commenced trading; Metro began as a wholesale operation serving commercial clients. METRO Group saw rapid growth over the years in Germany leading to the formation of METRO AG through a merger of the retail companies of Deutsche SB-Kauf AG, Kaufhof Holding AG and Asko Deutsche Kaufhaus AG in 1996. METRO AG was listed on and by the year end had become one of the largest publicly listed companies in Germany (Metro Group
com/news/world-asia-pacific-15289563 • "Top 10 Countries with the Fastest Internet." SmartPlanet. N.p., n.d. Web. 30 Apr. 2014. http://www.smartplanet.com/blog/bulletin/top-10-countries-with-the-fastest-internet/24801 • World Development Indicator (WDI) • World Bank Governance Data
developing countries and conclude whether it is to blame for the worldwide inequality of wealth. Every society started off in the same way: poor. However, by now most countries have been able to shift from this economic status due to globalization. Globalisation and international trade are not new concepts and have been around for many years. Over recent years, countries have expanded the quantity of trade that is exported worldwide. Due to trade agreements being made among many countries, varied
Although, the Sarbanes-Oxley Act has enhanced corporate governance and lowered the incidence of fraud, recent studies reference that investors and management still have concerns about financial statement fraud. For example: • The ACFE’s “2010 Report to the Nations on Occupational Fraud and Abuse” [1] found that
of water bodies for future, assurance of accessible water bodies from contamination and misuse. Management of water assets in India is of vital significance to maintain one billion or more. As per the United Nations, one of every four youngsters worldwide will live in zones extremely limited water resource by 2040. Also, water stress is straightforwardly identified with territories with popularity, for example, those encountering fast, unchecked urbanization; or those that are normally water scarce
1. Advantages for Canada in US market: a. The US- a market with potential growth. From 1880 to 1913, based on the general equilibrium model of production and trade, the US build market potential methods for themself and 26 other countries. Apparent from the late 19th century, the US advantage in per capital output is the result of the large domestic market. (Dan Liu (Shanghai University of Finance and Economics), Christopher M. Meissner (University of California, Davis and NBER), 2013) The
Modern Gabon is a bustling nation of 1.7 million citizens with nearly 90 percent of its inhabitants living in urban areas (CIA 2014). It is a resource-rich state with significant oil deposits that account for “about 50% of its GDP, about 70% of [government] revenues, and 87% of goods exports” (CIA 2014). Gabon’s GDP per capita is four times that of the average West African country and it is classified by the World Bank as an upper-middle income nation (CIA 2014) (World Bank 2103). The key factor
Profitability is high and diversified. Asset quality is good and NPLs are low and well provisioned. Financial soundness indicators for the three main domestic banks remained strong even during the global and European crises. Stress tests suggest that banks are resilient against numerous unfavourable macroeconomic scenarios as their high capitalization can offset potential losses
Stock Exchange Jet airways India’s second major airline in terms of market shares after Indigo airlines based at Mumbai known as India’s economic capital in addition to being its India’s widest network with 3000 flights a day with 76 destinations worldwide, main operations are handle from Mumbai but secondary hubs are Delhi (Nation Capital of India) Kolkata and Bangalore, It has an international hub at Brussels Airport, Belgium. Founder &Management: Naresh Goyal, the founder Chairman of Jet Airways
with the purpose of enhancing the exploitation of social and economic services by the disadvantaged portions of society. The Initiative covers the eradication of poverty in the countryside, reducing social inclusion in the cities and improving on governance mechanisms and institutional capacity. It is structured in a top-down approach whereby local government are meant to clarify their needs and priorities regarding basic infrastructure, economic opportunities and social services. This Initiative has
DUTCH LADY MILK INDUSTRY BERHAD NATURE OF BUSINESS Dutch Lady Milk Industries Berhad Malaysia is a dairy products manufacturer and supplier in Malaysia. Dutch Lady’s target market is people of all ages, ranging from infants to adults. Dutch Lady first started its operation in 1963 as a private joint-stock limited company. Six years after its start-up, Dutch Lady became the first milk company in Malaysia to be listed on the Stock Exchanges of Kuala Lumpur (Bursa Malaysia). Parent company of Dutch
whereby women can freely analyze, develop and voice their needs and interests, without them being pre-defined, or imposed from above. Masculinity Equality and Women?s Empowerment: There could be statistical evidence indicating improvements in indicators of gender equality, but unless the intervening process involved women as agents of that change, one cannot term it as empowerment. Gender equality or equity indicates the degree of equivalence in life outcomes for women and men, recognizing their
at sea, now only takes hours in the air. Computer networking and fax machines allow world businesses to conduct negotiations within a matter of seconds. Images and personas such as the McDonalds’s golden arches and Mickey Mouse are recognized worldwide. When Saddam Hussein was captured, nearly every country knew about it within a matter of hours. Yet, while globalization is taking place, it is not doing so without dispute. Many countries, in fact, feel threatened by Western culture and consequently
1.1 CORPORATE SOCIAL RESPONSIBILITY (CSR) CSR is defined in Investopedia (2014) as non financial benefit action exercise by a company who wishes to take accountability on the natural resources and public wellbeing. Baker (2004) defined CSR as how companies run their business that give positive impact to the public. Stakeholders’ interest is to know whether certain companies give positive impact to the surroundings and public. By regularly contribute to the economic growth, companies can be considered
1.0 INTRODUCTION The World Bank (2000, p 15) defines poverty as a “pronounced deprivation in wellbeing”. Conventionally, wellbeing is described as command over commodities and is measured in monetary terms in the form of income or consumption. In this sense, those who are not able to afford a certain standard of living are considered to be poor. First, many factors converge to make poverty a complex,multidimensional phenomenon. Second, as expected, poverty is routinely defined as the lack ofwhat