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economic and monetary union Tagged Articles



Forms of Regional Integration
We may identify five main types or forms of regional integration, classifying them by a rising degree of intensity.

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Regional Economic Communities in Africa
Regional economic integration has a long history in Africa. The South African Customs Union (SACU) was established in 1910 while the East African Community (EAC) was set up in 1919. The East African Community collapsed in 1987 but is now being actively revived. Currently there are 14 regional economic communities in Africa.

From Rhetoric to Action: The African Investment Climate Facility
The Investment Climate Facility (ICF) for Africa, an innovative public private partnership aimed at making Africa a better place in which to do business, was launched. The Commission for Africa, convened by the United Kingdom government, had proposed the initiative, which was endorsed at last year's World Economic Forum Africa Economic Summit and by the leaders of the G 8 industrialized nations at their summit in Scotland. According to ICF Co Chair and session Chair Niall FitzGerald, Chairman, Reuters, United Kingdom; Member of the Foundation Board of the World Economic Forum, the facility had already received US$ 90 million in commitments. Additional unspecified pledges made by the European Union and the African Development Bank during the session were likely to push the total above US$ 100 million.

Achieveing Fair Financial and NonFinancial Rewards
Employee motivation and performance management depend on good systems that offer both financial and non-financial rewards (non-monetary rewards). This performance management article applies to all organisations. Constant change and high expectations are taking their toll in some organisations, as well as in industry and government generally. Sometimes this is shown in employee turnover. Sometimes it is hidden because of job insecurity. Rewards and remuneration must be scrutinised. Employee motivation and performance are critical. Non-monetary rewards can be as important as monetary rewards. A good rewards and remuneration system ensures that each person receives appropriate financial and nonfinancial recognition to account for the personal contribution they are making and the overall value of their position to the organisation.

Film Production: Working with Unions
Unions were created to protect workers from unfair wages and poor working conditions. If a producer wants to use any union labor, then that producer will have to become a signatory to the appropriate union contract. This does not necessarily mean that the production must hire only union labor, nor does it mean that the production will need a big budget. Some unions, such as the Screen Actors Guild (”SAG”) offer various contract options for small and medium budget films.

The BPO Boom-How and Why?
The business process outsourcing industry is taking huge leaps. In the phase of economic development especially in country like India, most economists are calling for “Outsourced India” as there are lots of monetary gains to be made in this lucrative industry.

Giving Thanks to Our Top Performers
In honor of Thanksgiving, this edition of Astronology will examine how to identify, and more importantly, to thank top performers within an organization for a job well done. Considering the economic conditions that many of us are experiencing, thankfulness shown through monetary exchanges may not be feasible. No matter your budget, it is critical to acknowledge those who go above and beyond their assigned capacity. Such behavior demonstrates loyalty and dependableness…key assets for any organization!

Monetary Police is Science, Everything Else is Stamp-Collecting
This new Eric Leeper paper seems delusional in arguing that monetary policy is science, while fiscal policy is stamp-collecting, but I maybe I'm just being crotchety. The piece also comes up with the new-to-me argument that monetary policy would be even better science if it weren't for fiscal policy mucking things up.

WUSME World Union of Small and Medium Enterprises: The new home of SMEs supporting institutions
One of the top-priorities of the WORLD UNION OF SMEs (hereinafter called the “UNION”) will be to provide widespread information and to foster awareness among the various national institutions of the Countries belonging to the UNION as regards the true needs of micro-, small and medium enterprises which represent the basis of the economic fabric of all societies. The UNION shall develop strategies to support the growth of this vital global economic sector and identify annual activities to facilitate relations with national associations and to create opportunities for integration between the representatives of different Countries and geographic areas.

From Entrepreneurship to Entreprenology: New findings of entrepreneurial research
In a difficult global economic environment, it is more important than ever to put into place strong fundamentals reinforcing economic growth and development and it is more important than ever to establish a global World Union of SME supporting Organisations and Institutions as the basis for an effective and sustainable SME oriented policy focusing at practicable actions instead of well-intentioned declarations that could never really help SMEs to overcome difficult times and particular situations.

Marcus Asay and Economic Development
The economic development next segment comprises varied development programs and policies, which plays a major role in the monetary as well as financial arenas. Basically, fiscal policies have been ascertained as the significant procedures needed to apply for economical planning towards development models.

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