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Liberalisation
Liberalization or liberalisation (British English) is a broad term that refers to the practice of making laws, systems, or opinions less severe, usually in the sense of eliminating certain government regulations or restrictions. The term is used most often in relation to economics, where it refers to economic liberalization, the removal or reduction of restrictions placed upon (a particular sphere of) economic activity. However, liberalization can also be used as a synonym for decriminalization or legalization (the act of making something legal after it used to be illegal), for example when describing drug liberalization. In economy and trade Economic liberalization refers to the reduction or elimination of government regulations or restrictions on private business and trade. It is usually promoted by advocates of free markets and free trade, whose ideology is also called economic liberalism. Economic liberalization also often involves reductions of taxes, social security, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Liberalization
Economic liberalization, or economic liberalisation, is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism. Liberalization in short is "the removal of controls" to encourage economic development. Many countries have pursued and followed the path of economic liberalization in the 1980s, 1990s and in the 21st century, with the stated goal of maintaining or increasing their competitiveness as business environments. Liberalization policies may or often include the partial or complete privatization of government institutions and state-owned assets, greater labour market flexibility, lower tax rates for businesses, less restrictions on both domestic and foreign capital, open markets, etc. In support of liberalization, former British prime minister Tony Blair wrote: "Success will go to those companies and countries which are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Agreement On Tariffs And Trade
The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis". The GATT was first discussed during the United Nations Conference on Trade and Employment and was the outcome of the failure of negotiating governments to create the International Trade Organization (ITO). It was signed by 23 nations in Geneva on 30 October 1947, and was applied on a provisional basis 1 January 1948. It remained in effect until 1 January 1995, when the World Trade Organization (WTO) was established after agreement by 123 nations in Marrakesh on 15 April 1994, as part of the Uruguay Round Agreements. The WTO is the successor to the GATT, and the origin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate economic stability, stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and poverty reduction, reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary systems, international monetary system after World War II. In its early years, the IMF primarily focused on facilitating fixed exchange rates across the developed worl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British English
British English is the set of Variety (linguistics), varieties of the English language native to the United Kingdom, especially Great Britain. More narrowly, it can refer specifically to the English language in England, or, more broadly, to the collective dialects of English throughout the United Kingdom taken as a single umbrella variety, for instance additionally incorporating Scottish English, Welsh English, and Northern Irish English. Tom McArthur (linguist), Tom McArthur in the Oxford English Dictionary, Oxford Guide to World English acknowledges that British English shares "all the ambiguities and tensions [with] the word 'British' and as a result can be used and interpreted in two ways, more broadly or more narrowly, within a range of blurring and ambiguity". Variations exist in formal (both written and spoken) English in the United Kingdom. For example, the adjective ''wee'' is almost exclusively used in parts of Scotland, north-east England, Northern Ireland, Ireland ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vattenfall
Vattenfall is a Swedish multinational corporation, multinational electrical power industry, power company owned by the List of government enterprises of Sweden, Swedish state. Beyond Sweden, the company generates power in Denmark, Finland, Germany, the Netherlands, and the United Kingdom. The company's name is Swedish for "waterfall", and is an abbreviation of its original name, Royal Waterfall Board (''Kungliga Vattenfallsstyrelsen''). History Vattenfall (then called ''Kungliga Vattenfallsstyrelsen'' or Royal Waterfall Board) was founded in 1909 as a state-owned enterprise in Sweden. From its founding until the mid-1970s, Vattenfall's business was largely restricted to Sweden, with a focus on hydroelectric power generation. Only in 1974 did the company begin to build nuclear reactors in Sweden (the Ringhals Nuclear Power Plant, Ringhals 1 and 2 reactors), eventually owning seven of Sweden's 12 reactors. In 1992, Vattenfall was reformed as the Aktiebolag, joint-stock company Vat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberalism
Liberalism is a Political philosophy, political and moral philosophy based on the Individual rights, rights of the individual, liberty, consent of the governed, political equality, the right to private property, and equality before the law. Liberals espouse various and often mutually conflicting views depending on their understanding of these principles but generally support private property, market economies, individual rights (including civil rights and human rights), liberal democracy, secularism, rule of law, Economic freedom, economic and political freedom, freedom of speech, freedom of the press, freedom of assembly, and freedom of religion.Generally support: * * * * * * *constitutional government and privacy rights * Liberalism is frequently cited as the dominant ideology of modern history.Wolfe, p. 23. Liberalism became a distinct Political movement, movement in the Age of Enlightenment, gaining popularity among Western world, Western philosophers and economists. L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Overseas Development Institute
ODI Global (formerly Overseas Development Institute) is a global affairs think tank, founded in 1960. Its mission is "to inspire people to act on injustice and inequality through collaborative research and ideas that matter for people and the planet." It does this through "research, convening and influencing, to lead new thinking and future agendas to deliver transformational change." Its chair is Suma Chakrabarti. History In 1960 ODI began in small premises in Regent's Park of Central London. At the time, ODI operated a library devoted to international development issues and also performed consultancy work and contracts with the Department for International Development of the UK government. Since then, the organization has moved several times and is headquartered on Blackfriars Road. In 2007 the ODI was named 'Think Tank of the Year' by ''Public Affairs News'' magazine. It was named 'Think-tank to Watch' in the '' Prospect'' 'Think-tank of the Year' awards in 2005 and is c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Theobroma Cacao
''Theobroma cacao'' (cacao tree or cocoa tree) is a small ( tall) evergreen tree in the Malvaceae family. Its seedscocoa beansare used to make chocolate liquor, cocoa solids, cocoa butter and chocolate. Although the tree is native to the tropics of the Americas, the largest producer of cocoa beans in 2022 was Ivory Coast. The plant's leaf, leaves are alternate, entire, unlobed, long and broad. Description Flowers The flowers are produced in clusters directly on the Trunk (botany), trunk and older branches; this is known as cauliflory. The flowers are small, diameter, with pink Calyx (botany), calyx. The floral formula, used to represent the structure of a flower using numbers, is ✶ K5 C5 A(5°+52) (5). While many of the world's flowers are pollinated by bees (Hymenoptera) or Butterfly, butterflies/moths (Lepidoptera), cacao flowers are pollinated by tiny flies, ''Forcipomyia'' biting midges. Using the natural pollinator ''Forcipomyia'' midges produced more fruit tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghana
Ghana, officially the Republic of Ghana, is a country in West Africa. It is situated along the Gulf of Guinea and the Atlantic Ocean to the south, and shares borders with Côte d’Ivoire to the west, Burkina Faso to the north, and Togo to the east. Ghana covers an area of , spanning diverse ecologies, from coastal savannas to tropical rainforests. With nearly 35 million inhabitants, Ghana is the second-most populous country in West Africa. The capital and largest city is Accra; other significant cities include Tema, Kumasi, Sunyani, Ho, Cape Coast, Techiman, Tamale, and Sekondi-Takoradi. The earliest kingdoms to emerge in Ghana were Bonoman in the south and the Kingdom of Dagbon in the north, with Bonoman existing in the area during the 11th century. The Asante Empire and other Akan kingdoms in the south emerged over the centuries. Beginning in the 15th century, the Portuguese Empire, followed by other European powers, contested the area for trading r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System. The WTO is the world's largest international economic organization, with 166 members representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, trade in services, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, Import quota, quotas, and other Trade barrier, restrictions; these agreements are signed by representatives of member governments. (The document's printed folio numbers do not match the PDF page numbers.) and ratified by their legislatures. It also administers independent dispute resolution for enforcing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (See: World economy.) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, salt roads), its economic, social, and political importance has been on the rise in recent centuries. Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states, factors like currency, government policies, economy, judicial system, laws, and markets influence trade. To ease and justify the process of trade between countries of different economic standing in the modern era, some international economic organizations were formed, such as the World Trade Organization. These organizations work towards the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
