Lorraine

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The Big Push Model and Developing Economies

01st July 2009
It was Paul Rosenstein-Rodan who first coined the term "Big Push Model" back in 1943 in his work on growth in Eastern European Economies. It is an idea in development economics that lays importance on the fact that a firm's decision whether to industriali... Read >

The Benefits of Forecasting in the Market Place

29th May 2009
The method of estimation in unknown business situations, or forecasting, is a beneficial way of securing the best possible knowledge of what might happen in the market place. We might also refer to this as prediction, however, that is less specific and mo... Read >