How Long to Read African, Arab and Asian financial organizations

By Daniel Döring

How Long Does it Take to Read African, Arab and Asian financial organizations?

It takes the average reader and 27 minutes to read African, Arab and Asian financial organizations by Daniel Döring

Assuming a reading speed of 250 words per minute. Learn more

Description

Research Paper (undergraduate) from the year 2007 in the subject Politics - International Politics - General and Theories, grade: 1,2, , language: English, abstract: African Financial Organizations - Africa is the second largest continent of the world. At the same time one could say that it is the least developed of all continents. Poor infrastructure and a difficult geographical situation in large parts of the continent (vast deserts, impenetrable primeval forests) complicate intra-African trade. Furthermore, Africa ́s cultural and ethnical diversity leads to language barriers and conflicts of interests, often resulting in civil wars. These are only some factors making the establishment of Africa-wide organizations really difficult. Therefore, we decided to concentrate on only one African sub-region, which is West Africa. In the following we will thus introduce some important West African financial organizations and afterwards present their most important cooperation project: the creation a West African Monetary Union similar to the Eurozone by the end of 2009. Arab Financial Organizations The Arab region includes 23 North African and Middle Eastern member states. Its population is roughly 325 million people. Most of its member states dispose of developed economies, whereas their main sources of income are derived from oil, gas and other raw material exports. Arab financial organizations mainly engage in two fields of action: the financial aid for Arab member states themselves on the one hand and development aid for non-Arabic African countries on the other hand. Therefore, we ́d like to present one organization for each field of action: First, the Arab Bank for Economic Development in Africa gives financial aid to less developed African areas which might be of economic interest regarding cooperation projects in the future. Second, the Arab Monetary Fund focuses on the development of Arab nations for example by correcting their balances of payments if necessary. Asian Financial Organizations: Asia is the largest and most populated continent in the world. After North America and Europe, the Asian GDP is the 3rd largest, its most accelerating economies being China, India and Japan. However, other Asian countries such as the Philippines, Pakistan or Vietnam for example recently also show very high economical growth rates. To further enforce steady growth within the Asian region, intra-Asian cooperation is very important, whereas financial organizations like the Asian Development Bank are playing a key role. In 2006, the ADB spent 7.5 billion US dollar on cooperation-oriented projects. Since 1990, an average of 5 billion US dollar has been spent annually. Furthermore, the organization consists of 67 member states. Therefore, we think the ADB is the most important organization in this area and like to present it in more detail.

How long is African, Arab and Asian financial organizations?

African, Arab and Asian financial organizations by Daniel Döring is 27 pages long, and a total of 6,939 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read African, Arab and Asian financial organizations Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read African, Arab and Asian financial organizations aloud.

What Reading Level is African, Arab and Asian financial organizations?

African, Arab and Asian financial organizations is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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