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The Economic Paradox of Nigeria: Oil Wealth and Underdevelopment

The Economic Paradox of Nigeria: Oil Wealth and Underdevelopment

Nigeria is endowed with abundant natural resources and posses a large population size nonetheless it has suffered from poor economic growth due to mismanagement lack of integrity in its leadership...
4 min read
Demerit good
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Demerit good

Demand
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Demand

Deflation
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Deflation

Clycical unemployment
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Clycical unemployment

Definition of customs union
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Definition of customs union

Balance of payments current account
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Balance of payments current account

Definitions

Corporate Social Responsibility

The consumer price index (CPI)
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The consumer price index (CPI)

Cost plus pricing
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Cost plus pricing

Contractionary policy
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Contractionary policy

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Warsaw city skyline at night, featuring the illuminated Tower of Warsaw against a dark sky.

Poland's Transition from Communism: Non-Corrupt Auctions and Equitable Resource Distribution

. Poland’s transparent competitive bidding saved her from oligarchs ruined otherwise would have been a homogenous economy but instead presented multiple options strengthening it’s foundation economically....
4 min read

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