Ferdinand Azille

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BUSINESS INCUBATORS – MECHANISMS TO AID BUSINESS SECTOR/COUNTRIES’ DEVELOPMENT 

Increasingly, the value of business incubators as a tool to aid the development of the business sector and countries’ development is being discussed. Can this mechanism really help countries achieve their objectives of raising productivity, economic growth, employment, innovation, financing etc?  The beginning of business incubation systems   It is said that the formal concept of […]

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GLOBAL REPERCUSSIONS OF WAR IN EUROPE IS ADDING TO PANDEMIC PROBLEMS

War in Europe is affecting global production, supply and prices of many commodities (oil, natural gas, wheat, fertilizer – Russia and Ukraine are said to account for approximately 30% of world wheat exports, Ukraine is known as Europe’s bread-basket and bread-basket of substantial parts of the rest of the world particularly parts of Africa. With

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YOUTH UNEMPLOYMENT

High rates of unemployment within younger age groups (particularly 15/16 to 24 years) is a serious economic problem for developed and developing countries. As the structure of industry and the nature of work undergo many changes, workers have to adapt their skills to the new demands viz. zero hours contracts/job insecurity, remote working/new technologies, simply

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ECONOMIC GROWTH

In many countries Agriculture, which was once a major contributor to Gross Domestic Product (GDP), is now decreasing in significance while the Services Sector is increasing. For example, according to World Bank figures, in 2019, 1.135 per cent of UK’s employment was in agriculture. In another report published by H. PLECHER in January 2020, it

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RESILIENCE (financial and organisational)

Resilience involves being prepared for possible crises, anticipating and planning for disruptions in operations should they occur. In particular, where there are interdependencies in the supply chains, plans may be made for shortening supply chains in terms of local and regional sources of purchase and sales destinations to help avoid possible discontinuities in international sources.

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Global glance

The global economic picture can change from month-to-month/year-to-year (and decade-to-decade). The decade ending 2019 was a challenging period for many countries – generally weak investment and growth. At times, economic stimulus (tax cuts and increased investment) particularly in the United States of America, had positive global impact. Small vulnerable economies continued to be impacted by

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