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The expression ‘social development’ was introduced in UN Reports. The social and the economic were seen as distinct categories, not as interrelated. In 1962, the Economic and Social Council of the UN (ECOSOC) recommended an integration of both aspects of development. That same year, the Proposals for Action of the First UN Development Decade (1960-70) emphasised that "development is growth plus (social, cultural and economic) change”. ...
 


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Real Estate Vs. Stock Market Investing
By Kris
Everything is fair in war! The war of superiority! The competition between stock market investing and real estate has been going on since the mid 1960s, in order to prove to be the best source of investment returns. The stock market was regarded as a place to invest, whereas the realty was considered to be more reliable in the past. The present scenario is more of a revolutionized kind. It showed visible signs of change in the mid 1990s and kept on changing since then.

At present real estate, especially the residential realty that is purchase, renting, reselling and holding of realty assets is the matter of investment choice for the most of investors. Money generally flows as a direct consequence of low interest rates. Mortgaging assets is safer than high-risk speculative stock investments. Residential realty demands have increased manifold throughout the urban areas in North America and to some extent Europe. This generally affects the condominiums and town homes located inside the urban cores but prove to be a boon for single-family assets. Real estate has been compared to gold, which in historical times was considered as a tangible store of value.

The primary reason of the investment revolution is the tangibility of assets. More often than not this is guided by the psychological reasons. Most of the investors would opt for real estate investment where they would be able to see, touch, paint and above all feel the sense of security and possession, rather than the purchase of a share into a distant company over which the investor cannot access any control. Apart from psychological reasons it can be supported by a very valid reason, the reason of availability of financing. In

Top 10 Rock groups of all time
The lastest votes for the groups and artist that have made Rock history.
1 : Foo Fighters
213
2 : Pink Floyd
210
3 : Led Zeppelin
187
4 : Hendrix, Jimi
180
5 : Rolling Stones
177
6 : Metallica
138
7 : Who, The
107
8 : U2
90
9 : Alice in Chains
75
10 : Black Sabbath
69

the stock market, there is a constant fear of being severely affected by its loss, as millions of investors have been the victims of such losses, earlier. But, only a few buyers and sellers have been affected in the scandals relating to Real Estate. Lenders have become more comfortable with the purchase of realty market values than that of stocks and bonds. Banks generally give loans on appraised values, and an appraiser of a residential realty determines its real market value with a relatively higher degree of accuracy. This is easier than a stock analyst trying to evaluate the books of a corporation accurately.

A financial institution would lend money far more easily to a qualified real estate buyer than to a stock market investor. This is mainly because real estate assets could be of similar values if they are of similar infrastructure, located at the same place and having similar furniture. However, the same reasoning cannot be applied to different corporations because of several variables, such as location, number of employees, performance, technology, market sector, politics, taxes, rapid growth in population, density, age and other relevant factors in current context of Real Estate over the Stock Market.

People have grown smarter these days. They buy a house generally below the market price, and let the value grow and then capitalize in hundreds and thousands of different ways. Real estate investment is being considered more rewarding as compared to the stock market investment, as people just not believe in spinning money but also securing values.

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China: Humiliation & the Olympics
After a century and a half of famine, war, weakness, foreign occupation, and revolutionary extremism, a growing number of Chinese have come to look to the Olympic Games as the long-heralded symbolic moment when their country might at last escape old stereotypes of being the hapless "poor man of Asia"; a preyed-upon "defenseless giant"; victim of a misguided Cultural Revolution; the benighted land where in 1989 the People's Liberation Army fired on "the people." In one grand, symbolic stroke, the <div class='nifad'><a href="http://www.pheedo.com/click.phdo?x=6e08421f3c9c4587aae9e5d274376205&u=299049805"><img src="http://www.pheedo.com/img.phdo?x=6e08421f3c9c4587aae9e5d274376205&u=299049805" border="0"/></a></div>The Battle for a Country's Soul
Seven years after al-Qaeda's attacks on America, as the Bush administration slips into history, it is clear that what began on September 11, 2001, as a battle for America's security became, and continues to be, a battle for the country's soul. <div class='nifad'><a href="http://www.pheedo.com/click.phdo?x=6e08421f3c9c4587aae9e5d274376205&u=297759767"><img src="http://www.pheedo.com/img.phdo?x=6e08421f3c9c4587aae9e5d274376205&u=297759767" border="0"/></a></div>E.M. Forster, Middle Manager
In the taxonomy of English writing, E.M. Forster is not an exotic creature. We file him under Notable English Novelist, common or garden variety. Still, there is a sense in which Forster was something of a rare bird. <div class='nifad'><a href="http://www.pheedo.com/click.phdo?x=6e08421f3c9c4587aae9e5d274376205&u=297759766"><img src="http://www.pheedo.com/img.phdo?x=6e08421f3c9c4587aae9e5d274376205&u=297759766" border="0"/></a></div>Bondage
On For Your Eyes Only: Ian Fleming and James Bond by Ben Macintyre, and four other books. <div class='nifad'><a href="http://www.pheedo.com/click.phdo?x=6e08421f3c9c4587aae9e5d274376205&u=297759765"><img src="http://www.pheedo.com/img.phdo?x=6e08421f3c9c4587aae9e5d274376205&u=297759765" border="0"/></a></div>

 
 
 


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Top 10 Rock groups of all time
The lastest votes for the groups and artist that have made Rock history.1 : Foo Fighters
2132 : Pink Floyd
2103 : Led Zeppelin
1874 : Hendrix, Jimi
1805 : Rolling Stones
1776 : Metallica
1387 : Who, The
1078 : U2
909 : Alice in Chains
7510 : Black Sabbath
69

 
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