| Srl | Item |
| 1 |
ID:
087702
|
|
|
|
|
| Publication |
2009.
|
| Summary/Abstract |
For most of this decade, sub-Saharan Africa
enjoyed a period of sustained economic
growth such as it had not seen since the
1960s. Until the global economic crisis hit, countries
across the continent benefited from a salutary
combination of favorable commodity prices,
substantial international debt reductions, and,
in numerous cases, more prudent fiscal management.
Of course the improved performance, which
included continent-wide economic growth of 4.7
percent between 2003 and 2008, was aided in particular
by a nearly 300 percent increase in world
petroleum prices over the period. But even when
Africa's major oil-based economies are removed
from the equation, the continent still showed
commendable growth-reaching 4.9 percent in
2008, for example.
For Africa's workforce, however, the positive
impact of these developments can be difficult to
discern. Indeed, despite the impressive macroeconomic
performance, economic diversification
has not occurred on a meaningful level. Poverty
remains stubbornly entrenched on the continent.
Unemployment, though improved in many countries,
remains very high. And informal markets
are still widespread.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2 |
ID:
141417
|
|
|
|
|
| Summary/Abstract |
The 1965 War’s 50th year commemoration this year brought the present generation face to face with the Indian military of yore, consolidating after the 1962 war debacle and building a reputation to measure up to the expectations of the countrymen.
Much has been written about whether or not the Indian Air Force (IAF) came to the assistance of its army in 1965 (it did), but what is for sure is that the IAF came of age in that 22 day conflict. It was deeply involved in carrying the fight to the enemy, and with the diminutive Gnat getting the better of the superior F-86 Sabre, the IAF had a mascot around which its professional reputation started getting built.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|