ECC Social Value Reporting and Evaluation Framework
Essex County Council (ECC) has implemented a robust Social Value Reporting and Evaluation framework based on the Local Government Association's National TOMs method. This framework categorizes and assesses social value contributions in two parts - Value Score and Supporting Statement Score - to deri
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2023/24 Annual Performance Plan Presentation for Small Business Development Department
The presentation outlines the 2023/24 Annual Performance Plan of the Department of Small Business Development, covering situational analysis, global economic outlook, performance priorities, game-changers program, alignment with economic recovery plans, institutional program performance, key risks a
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U.S. Virgin Islands Economic Development Authority Webinar: Small Business COVID-19 Resources
The U.S. Virgin Islands Economic Development Authority held a webinar focused on providing resources and assistance for small businesses impacted by COVID-19. The agenda covered the overall economic impact, reliable resources, SBA Economic Injury Disaster Loan (EIDL), and the tourism industry. Speak
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Understanding Economic Value and Non-Market Valuation Methods
Economic value goes beyond the price paid, encompassing willingness to pay. Non-market valuation methods help estimate the true worth of goods and services. Misconceptions exist regarding economic value versus economic activity and cost. Valuation exercises aim to enhance societal well-being by unde
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Understanding the Value of Money and Standards
The value of money refers to its purchasing power, which is influenced by the price level of goods and services. Different standards, such as wholesale, retail, and labor, help measure the value of money. Money can have internal and external value, affecting domestic and foreign transactions. The Qu
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Economic Systems in the United Kingdom, Germany, and Russia
Economic decisions in traditional economies are based on customs and beliefs. The United Kingdom has a mixed market economy with a focus on service industries, while Germany's economy is export-based. Russia's economy leans towards a command system. By comparing these economic systems, one can see h
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Understanding Key Concepts in Economic Geography
Economic Geography is a sub-discipline that utilizes a geographical approach to analyze the spatial distribution of economic activities at various scales. It focuses on the location of economic activities and their relationship with the environment, encompassing primary, secondary, and tertiary sect
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Enhancing Economic Diversification in the Gulf Region
Economic diversification in the Gulf region is crucial for sustainable growth and development. Productive capacities, defined as the resources and capabilities enabling countries to produce goods and services, play a key role. Economic diversification involves shifting towards a varied structure of
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Understanding Mixed Economy: A Balanced Economic Model
Mixed economy combines elements of socialism and capitalism, allowing both public and private sectors to coexist. Government intervention aims to achieve a balance between individual initiatives and societal goals, promoting economic development while addressing inequalities. Features include econom
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Role of Institutions in Economic Development: A Comprehensive Analysis
Understanding the significance of institutions in economic development is crucial, as they play a pivotal role in shaping societal, political, and economic relations. Institutions, defined as established customs or practices, act as the rules of the game that structure human interactions. Their qual
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Economic Perspectives on Malaria Control and Elimination
Analyzing malaria control and elimination from an economic standpoint is crucial for understanding the long-term health outcomes, cost savings, operational strategies, funding gaps, and wider economic consequences of the disease. By examining the correlation between malaria and poverty, exploring fu
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Enhancing Infrastructure Investment Through Land Value Capture Mechanisms
Explore the role of Land Value Capture (LVC) in financing urban infrastructure projects, enabling governments to secure upfront funding by capturing real estate value gains. LVC promotes cost-sharing, incentivizes policy measures, and unlocks additional financing in the face of limited traditional s
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Understanding Economic Systems and Their Impacts
Explore traditional, command, and market economies, and how they address economic questions. Understand the concept of mixed economies and their placement on a continuum between market and command systems. Compare economic systems in Israel, Saudi Arabia, and Turkey. Delve into essential economic vo
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Data Room at Banco de Mexico: Enhancing Data Sharing for Economic Research
Banco de Mexico has been gathering granular data on financial transactions since the mid-1990s to monitor compliance, risks, and economic interactions. The creation of a Data Room allows for efficient and secure data sharing, contributing to economic research and analysis. The Economic Microdata Lab
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Judicial Review of Economic Regulation: A Case Study
Courts have limited scope in reviewing economic policy matters unless decisions are arbitrary, mala fide, or violate laws. A recent case involving the Small Scale Industrial Manufacturers Association vs. Union of India showcases the challenges of judicial review in economic distress situations cause
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Factors Affecting the Amount of Depreciation in Asset Valuation
Depreciation in asset valuation depends on the cost, estimated useful life, and probable salvage value. The cost of an asset includes various expenses incurred to put it in working condition. Estimated net residual value is the expected sale value of the asset at the end of its useful life after ded
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Enhancing Social Value through Strategic Procurement
STAR Procurement, the shared service for multiple councils, emphasizes the importance of Social Value in procurement practices. The Social Value Portal serves as a management tool to measure and demonstrate the benefits of Social Value commitments. Bidders are required to provide quantitative and qu
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Fostering Economic Development Through Community Economic Development
Community Economic Development (CED) involves local actions to create economic opportunities improving social conditions, especially for the disadvantaged. It recognizes the interdependence of economic, environmental, and social challenges, emphasizing solutions rooted in local knowledge. The ultima
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Integrated Value Creation in Corporate Finance
Explore the concept of integrated value creation in corporate finance, emphasizing the importance of managing for long-term value while incorporating social and environmental goals. Learn about responsible management practices that focus on creating net present value (NPV) through a balance of finan
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Understanding Irish Economic History Since Independence
This topic delves into the economic evolution of Ireland since gaining independence, exploring key milestones such as shifts from globalization to autarky, and from autarky to globalization. It also discusses the economic structures of different decades, offering a comprehensive view of Ireland's ec
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Maximizing Value Through Landfill Mining: Opportunities and Considerations
The application of the Brownfield Opportunity Matrix to landfills reveals the potential for viable landfill mining, addressing wider value drivers such as service provision, economic benefits, and environmental restoration. Decision outcomes indicate the varying viability of landfill mining based on
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Enhancing Economic Statistics in Asia-Pacific Region
The Regional Programme on Economic Statistics aims to improve economic statistics in the Asia-Pacific region by enhancing capacity and coordination among National Statistical Offices (NSOs) and other stakeholders. The programme focuses on implementing the Core Set of Economic Statistics to facilitat
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Flower Value Addition in Mamillapalli Thriveni
Value addition in flowers is a process that enhances the economic value and consumer appeal of floral commodities through genetic changes, processing, packaging diversification, and postharvest technology adoption. It not only boosts profitability but also serves as a rural development strategy, esp
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Understanding Terminal Value in Valuation
Valuation of publicly traded firms with potentially infinite lives involves estimating cash flows for a growth period and a terminal value to capture value at the end. The stable growth rate, which cannot exceed the economy's growth rate, plays a crucial role in determining the present value of futu
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Maximizing Customer Value, Satisfaction & Loyalty in Business
Explore the essence of customer value, satisfaction, and loyalty in business success through Dr. Ananda Sabil Hussein's insightful perspective. Learn about customer perceived value, determinants of value, steps in value analysis, loyalty definitions, satisfaction measurements, and the significance o
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Creating and Retaining Value for Customers: An Introduction to Marketing for Aspiring Sport Entrepreneurs
Gain insight into how businesses generate value for clients, organizations, and stakeholders. Explore key marketing concepts and strategies, such as the Marketing Mix, value interpretation, and core variables. Understand the significance of socio-economic contexts and people in building value for yo
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The Value of Knowledge: A Philosophical Exploration
Exploring the value of knowledge through the lens of Plato's Meno Problem, this text delves into why knowledge is considered more valuable than mere true belief. It discusses Plato's solution to the problem, the secondary and tertiary value problems, and constraints on solutions and strategies in un
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How to Calculate Present Value & Future Value Using Microsoft Excel
Learn how to calculate present value and future value using Microsoft Excel functions such as PV and FV. Understand the syntax, arguments, and examples for determining the value of single amounts, annuities, and lump sums. Step-by-step instructions provided for efficient financial calculations.
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Understanding the Economic Value of Nursing in Healthcare
This project, led by Peter Griffiths, focuses on the economic evaluation of nursing in healthcare. It covers critical aspects such as the importance of hospital nurse staffing levels, the evaluation of costs and consequences, different types of economic evaluations, and the assessment of cost-effect
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Overview of Economic Policy: From Mercantilism to Present-Day Practices
Explore the concept of economic policy and its importance in achieving economic objectives. Delve into the historical debate on state intervention in the economy and major schools of economic theory like Mercantilism. Understand the emergence of economic policies through economic, political, scienti
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Exploring Land Value Return and Recycling for Transportation Funding
With transportation investment needs surpassing available resources, investigating the potential of land value return and recycling as a revenue source can benefit public agencies. This involves recovering and reusing a portion of the increased land value generated by public investment in transporta
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Maximizing Shareholder Value Creation Through Strategic Business Practices
Explore the concept of shareholder value creation, the importance of generating revenues exceeding economic costs, and meeting shareholders' expectations. Learn about Economic Value Added (EVA), key value drivers, aligning strategy with value creation, and essential factors for overall business succ
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Understanding Trade in Value-Added (TiVA) and Global Value Chains
Trade in Value-Added (TiVA) offers crucial insights into the complexities of global value chains and economic globalization. By shifting focus from gross trade statistics to value creation along supply chains, TiVA helps in formulating better policies and addressing systemic risks associated with ma
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Understanding Valuation Principles for Natural Resource Assets
Valuation of natural resource assets involves linking physical and monetary accounts, considering factors like economic value, extraction costs, market prices, and alternative valuation approaches. Economic theory emphasizes market prices as a means of measurement, but natural resources often requir
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Understanding the Economic Impacts of Tourism
Tourism plays a crucial role in stimulating economic growth and development. By generating multiplier effects on the national economy, tourism directly and indirectly increases economic activity, income, employment, and demand for goods and services. Economic impact studies measure the net increase
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Analysis and Forecast of China's Economic Development Trends - Guo Kesha Presentation
The presentation by Guo Kesha at the World Leather Congress in Shanghai delves into the analysis and forecast of China's economic development trends. It discusses whether a new cycle has opened for the Chinese economy, the potential for an L-type growth platform, and initial research on economic tre
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Economic Review and Outlook 2011: Global Trends and Regional Impacts
The Provincial Economic Review and Outlook for 2011 highlighted the global economic performance and outlook, focusing on factors like GDP growth, employment trends, and socio-economic conditions in the Western Cape region. It discussed the recovery in global economic growth post-2009, with the IMF p
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Economic Foundations of Imperialism: Exploitation and Value Transfer
Imperialism primarily functions as an economic mechanism for exploiting value rather than seeking political dominance. The transfer of value occurs through mechanisms like unequal exchange, global value chain flows, and capital flows, leading to the long-term appropriation of value by imperialist na
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Scotland Malawi Partnership & Scottish Fair Trade Forum Sustainable Economic Development Strand Meeting (9th November 2017)
The Scotland Malawi Partnership and Scottish Fair Trade Forum held a meeting focusing on sustainable economic development in Malawi, with a panel discussing opportunities for value chain addition in the agriculture sector. The panel highlighted locally produced materials, market access, increased pr
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Understanding Absolute Value Equations and Inequalities
In this lesson, students will learn to solve absolute value equations and inequalities both algebraically and graphically. The concept of absolute value, which represents the distance between a number and zero on the number line, is explained through examples and solutions. The importance of using g
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