...island near Maheshkhali, possesses enormous geographical potentials for developing a deep sea port. Proper utilization of this potential might turn Bangladesh into a communication hub of south-east Asia. With this backdrop, this paper would focus on the requirements of a deep sea port at Sonadia, its prospects as a regional communication hub and challenges on its way. Aim 4. To discuss the prospects of ‘Sonadia Deep Sea Port’ as the future communication hub of south-east Asia. Requirement of Sonadia Deep Sea Port 5. Chittagong and Mongla ports are unable to handle larger container vessels having more than 9.2 meters draft and 1500 TEU capacity. On the other hand, the annual growth trend indicates that in 2020, the total seaborne trade in Bangladesh may rise up to 70 to 80 million tons, which is beyond our existing capacity. Moreover, due to shallow sea port, we are using lighterage to carry the imported containers from anchorage to coast, which incur additional freight cost. Thereby, the Sonadia deep sea port is a call of time for us. Prospects as a Future Communication Hub 6. Shorter Trade Route to India. International trades of the seven landlocked states of India are...
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...Trade Policy Reforms in India Geethanjali Nataraj NCAER, New Delhi For the ICRIER-SABER workshop, 29-30 June p, 2009, New Delhi. Trade Policy in India • Trade Reforms form the crux of the economic reforms in India. • Export Promotion has been and continues to be a major thrust of India’s trade policy • Accordingly, policies have been aimed at creating a friendly environment by eliminating redundant procedures, increasing transparency by simplifying the processes involved in the export sector and moving away from quantitative restrictions, thereby improving the competitiveness of Indian industry and g p reducing the anti-export bias. • Steps have also been taken to promote exports through g g multilateral and bilateral initiatives and giving several incentives to exports to cope with all uncertainties at the global level. Features of Trade Policy Reform in India • • • • • Free imports and Exports Rationalization of tariff structure/reducing tariffs Decanalisation Liberalization of the exchange rate regime. Setting up of trading houses, SEZ’s and Export houses SEZ s promotion industrial parks. • Various exemptions under the EXIM policies to boost exports and imports and make the trade policy regime transparent and less cumbersome. p Towards a more open economy 1990 91 1990-91 Peak Import duties ( Manufactures ) Import Controls Trade goods)/GDP ratio ( %) Software exports ( & billion) Worker remittances ( $ billion) FDI ($ billion) g y Foreign currency reserves ($...
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...Expanding Horizons and Forging Cooperation in a Resurgent Asia SAARC 2015 The New Delhi Statement on SAARC 2015 and Asian Resurgence © Friedrich-Ebert-Stiftung, March 2007 Published by: Friedrich-Ebert-Stiftung India Office K-70B, Hauz Khas Enclave New Delhi Email: fes@fesindia.org Edited by: Kant K. Bhargava and Mahendra P. Lama Designed and printed by: New Concept Information Systems Pvt. Ltd., New Delhi ISBN 81-7440-065-6 Contents Foreword Preface Background Paper Inaugural Address by I.K. Gujral Group Reports New Delhi Statement Annexures: (i) Programme (ii) List of Participants & Special Invitees (iii) List of Written Papers and Presentations Related Publications iv vi 1 17 23 45 56 71 Foreword As part of its programme for the promotion of regional cooperation in South Asia, the Friedrich-Ebert-Stiftung organised the Conference on SAARC 2015: Expanding Horizons and Forging Cooperation in a Resurgent Asia in February 2007 in New Delhi in collaboration with Ambassador Kant K. Bhargava, former Secretary-General of SAARC, and Prof. Mahendra Lama, Chairman, Centre for South, Central, South East Asian and South West Pacific Studies, School of International Studies, Jawaharlal Nehru University, New Delhi. The main thrust of the Conference was that the SAARC as an entity and its member states must prepare themselves well for leveraging the opportunities arising from the current resurgence in Asia. The Background Paper for the Conference was prepared...
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...Research Brief N AT I O N A L D E F E N S E R E S E A R C H I N S T I T U TE China and India The Asian Giants Are Heading Down Different Demographic Paths RAND ReseARch AReAs ChiLDREN AND FAMiLiES EDUCAtiON AND thE ARtS ENERgy AND ENviRONMENt hEALth AND hEALth CARE iNFRAStRUCtURE AND tRANSPORtAtiON iNtERNAtiONAL AFFAiRS LAW AND BUSiNESS NAtiONAL SECURity POPULAtiON AND AgiNg PUBLiC SAFEty SCiENCE AND tEChNOLOgy tERRORiSM AND hOMELAND SECURity C hina and India, the world’s most populous nations, have much in common: Each has more than 1 billion residents; each has sustained an annual gross domestic product (GDP) growth rate over the past decade that is among the world’s highest—9 percent for China and 7 percent for India; and each has been among the world’s most successful in weathering the storm of the recent global recession. Yet a closer look reveals stark demographic contrasts between the two nations that will become more pronounced in the coming decades. These differences hold implications for China’s and India’s relative economic prospects and point to sharply different challenges ahead for each nation to sustain and build on recent economic growth. Abstract Demographic contrasts between china and India will become more pronounced in the coming decades, and these differences hold implications for the countries’ relative economic prospects. china’s population is larger than India’s, but India’s population is expected to surpass china’s by 2025. chi...
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...Research Brief N AT I O N A L D E F E N S E R E S E A R C H I N S T I T U TE China and India The Asian Giants Are Heading Down Different Demographic Paths RAND ReseARch AReAs ChiLDREN AND FAMiLiES EDUCAtiON AND thE ARtS ENERgy AND ENviRONMENt hEALth AND hEALth CARE iNFRAStRUCtURE AND tRANSPORtAtiON iNtERNAtiONAL AFFAiRS LAW AND BUSiNESS NAtiONAL SECURity POPULAtiON AND AgiNg PUBLiC SAFEty SCiENCE AND tEChNOLOgy tERRORiSM AND hOMELAND SECURity C hina and India, the world’s most populous nations, have much in common: Each has more than 1 billion residents; each has sustained an annual gross domestic product (GDP) growth rate over the past decade that is among the world’s highest—9 percent for China and 7 percent for India; and each has been among the world’s most successful in weathering the storm of the recent global recession. Yet a closer look reveals stark demographic contrasts between the two nations that will become more pronounced in the coming decades. These differences hold implications for China’s and India’s relative economic prospects and point to sharply different challenges ahead for each nation to sustain and build on recent economic growth. Abstract Demographic contrasts between china and India will become more pronounced in the coming decades, and these differences hold implications for the countries’ relative economic prospects. china’s population is larger than India’s, but India’s population is expected to surpass china’s by 2025. chi...
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...India@2025: Perils, Promises and Prospects Since the independence India has always witnessed swing of fortunes. Seen as a leader of Third World countries in during 1950s, the country soon slumped into a food deficient nation in mid 1960s after a severe drought. It was followed by Green revolution where India turned the tables. The seventh decade of twentieth century saw populist campaigns like Garibi Hatao and imposition of emergency in 1975 to restoration of democracy in 1977. Not so long ago in 1991, India witnessed its worst economic crisis. But on the pretext of sound recoveries and deep seeded principles of democracy, India entered twenty first century as an emerging global power. And post 2008 global slump, India displayed remarkable resilience especially in financial sectors when compared other economies. With rising literacy rate cutting across genders and rising per capita income, the future is no less than promising. And if one goes by the words of Pandit Jawahar Lal Nehru where he says “The achievements we celebrate today is but a step, an opening of opportunity, to the greater triumphs and achievements that awaits” It’s the right time to analyze and anticipate the challenge that awaits us if we aim to appear as a global giant by 2025 and devise a roadmap to tackle the same. One of striking feature of the great Indian story has been the paradox it has displayed. Despite being in the League of Nations who survive well the global recession and enjoys the optimism...
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...1.21 billion. A huge one when compared to the other countries, except China, for sure. It has around 17.31% of the total world population and it wouldn’t surprise me if one out of every six person in the world is- an Indian. And if one ponders to the question- “what India is doing to stop it?” Then the answer is nothing but make the best use of it, or in other terms capitalising on its demographic advantage. The concern about the size of India’s population has been shown by the intelligent right from the beginning of the present century but active interest in the study of population became pronounced only with the launch of planning for economic and social development after independence. The First Five Year Plan, from the year 1951-56 duly recognized population as an important parameter which requires careful consideration i9n the planning of country’s development. It has been credited to the never-ending poverty, floating illiteracy and falling mortality rate. Though the overtly-populous country has been in the news continuously for a decade now, but it’s all for the right reasons, and especially for how it is taking on its economy to a higher level. India has more than 50% of its population under the age of 25, and around 65% of its population under the age of 35. With a whopping population growth rate, India will soon topple China, by the end of 2030. Since its Independence, India has grown almost three times in its population. The demographic developments...
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...on: India International Business Report 2010 – Country focus series The recovery Impact on businesses With the worst of the global recession behind it and Government action which helped to put a floor under the economy, growth in India is slowly accelerating. Downside risks loom as prices rise sharply owing to the fiscal stimulus and supply constrains, and the Reserve Bank has started raising interest rates as inflation remains stubbornly high. The key indicators1 are highlighted below: • the economy expanded by six per cent in the three months to December, down from 7.9 per cent in the previous quarter • industrial production, which expanded by just 2.6 per cent in 2008-2009, posted a 16.7 percentage point increase in January • in the three months to December, exports rose by 2.9 per cent (six per cent year-on-year) whilst imports climbed by 10.8 per cent (1.2 per cent year-on-year) • the rising price of food, fuel and manufactured goods saw the wholesale price index-based inflation soar to a 16-month high of 9.89 per cent in February. The Grant Thornton International Business Report (IBR) 2010 surveyed the views of over 7,400 privately held businesses (PHBs) in 36 economies around the world. This report focuses on India, the experiences and attitudes of its privately held businesses and how they have been affected by the economic crisis along with how they are dealing with the recovery, as illustrated in figure 1. The IBR survey tells us that businesses in India are...
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...MAKE IN INDIA – PROSPECTS OF ELECTRONIC SECTOR Presented By: Sandeep.P.S, Akhila Reddy FEBRUARY 26, 2015 SIVA SIVANI INSTITUTE OF MANAGEMENT KOMPALLY, HYDERABAD PAPER PRESENTATION MAKE IN INDIA – PROSPECTS OF ELECTRONIC SECTOR Students-PGDM D. Akhila Reddy (ph:8008603183, mail: akhila.23tps@ssim.ac.in) Sandeep P.S(ph:09037323232, mail: Sandeep.23tps@ssim.ac.in) Siva Sivani Institute of Management, Secunderabad. ABSTRACT “Make in India” is an international marketing strategy, conceptualized by the Prime Minister of India, Narendra Modi on 25th September 2014 to attract Foreign direct investments from businesses around the world. Ultimately this process will strengthen the India's manufacturing sector. The campaign's purpose is to enhance job creation, boost the national economy and convert India to a selfreliant country and to give the global recognition to Indian economy. The purpose of Make in India is to convert the Indian economy as the manufacturing hub and to transform the Indian economy. India is inviting the investors from the rest of the world by eliminating laws and regulations, making bureaucratic processes easier and shorter, and make government more transparent, responsive and accountable. India is well known for software industry but lagging in hardware industry, therefore India is importing most of the electronic goods like Mobiles, Laptops, Flat panel LED, LCD TVs from foreign countries like Japan, China USA,UK, Singapore etc. as they have the brand...
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...SPECIAL REPORT ON EMERGING MARKETS www.dreamgains.com White Paper Special Report On Emerging Markets ABSTRACT This paper examines the four emerging economies- Brazil, India, Russia and China (BRIC) - that are expected to play an increasingly important role in the global economy in the coming decades. These four countries have come to symbolize the exciting challenges and opportunities presented by dynamic emerging markets. The first part of the report outlines key features of these economies and their growing contribution to world output and trade. The second part analyses the contribution of India towards the same. By 2050, the BRIC economies will account for 44% of global GDP. The emerging market accounts for an increasing share of global activity. Two centuries of vigorous industrialization has propelled economies of North America, Western Europe and Japan into a dominant position in terms of their share of world output. But the past three decades have seen steady erosion from the peak they attained during the 1970. The emerging economies now account for over half of world output. These dynamic economies are changing the world economic order as they industrialize, improve their infrastructure and rapidly develop their service sectors. By 2050, they will account for almost 78% of global output. This projection uses realistic assumptions of annual growth rates of 5.3% to 2050, well below those posted in recent decades by the economies of developing Asia at over...
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...East Policy of India, framed by the Narasimha Rao government in the early nineties, is a substantial manifestation of India's focused foreign policy orientation towards South East Asia; an immensely resourceful and flourishing region. The economy of South East Asia is a virtually untapped market which is up for grabs by major regional economic entities such as India, China, Europe or the USA. India’s compatibility with the South East Asian countries with regard to better regional cooperation lies in the fact of its abstinence from exhibiting hegemonistic ambitions, making it more benign towards South East Asia. The camaraderie between India and South-East Asia is clearly visible through the dynamic persuasion of India’s Look-East Policy. India and ASEAN reciprocally have embarked upon a number of initiatives for rejuvenating their ties in multiple areas. Frequent tête-à-tête from both the sides promulgates better implementation of the Policy. The improving intensification of economic linkages with ASEAN has inspired India to enter into the second phase of its Look-East Policy. Phase 2 is the deviation from complete economic issues to the broader agenda involving security cooperation, actively constructing transport corridors and erecting pillars of linkages and connectivity. This phase of India’s Look-East Policy renders ample relevance to the development of its North-Eastern Region because of its geographical proximity to SouthEast Asia. The North-Eastern tip of India consisting...
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...September 6, 2013 Abstract As the world becomes increasing dependent on information technology (IT) products and services, the global IT services outsourcing industry has increased exponentially. Efforts to reduce costs and focus more on their core competencies have corporations outsourcing and offshoring many of their IT services. Offshoring of IT services have been growing at 40 to 50 percent a year. Brazil, like India, has stepped up to the challenge and has begun a campaign to build a strong international competitive position in the IT offshoring business. This researcher was asked to analyze Brazil’s intentions and actions regarding the international information technology sector using theories presented in International Business: The Challenge of Global Competition and provide recommendations to the Brazilian government and its outsourcing industry in order to improve their prospects for success in building a strong international competitive position in the information technology outsourcing business. Although Brazil is currently lagging behind India in IT outsourcing it is the 5th largest country and 11th most powerful economy in the world and with the right government infrastructure investments, Brazil could easily move up in its standings. Case Analysis 1. Use the theories of international trade and investment that have been presented in this chapter to help explain Brazil’s intentions and actions regarding the international information technology...
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...Starbucks Introduction Founded in 1971 and operating in more than 50 countries worldwide, Washington based Starbucks is the largest coffee retailer in the world at present. Starbucks has more than 16000 outlets all over the world. Out of these 16000 stores, nearly 12,000 stores are located across North America, South America, Europe, Middle East and the Pacific. In America, they have coffee outlets virtually in every corner. In other words, America is a saturated market for Starbucks now and they are looking for overseas markets as part of their expansion. In addition to coffee, Starbucks has other products such as tea, cake, cake filling leather goods, beverages, food, confections, coffee related machineries such as expresso machine, stainless steel coffee filters etc. This paper analyses the strengths, weaknesses, opportunities and threats of Starbucks in the modern business world and also the change processes necessary for Starbucks to grow in the right direction in future. Starbucks: SWOT Strengths “Starbucks Corporation is a profitable organization, earning more than $600 million in 2004. The company generated revenue of more than $5000 million in the same year. Starbucks was one of the Fortune Top 100 Companies to Work For in 2005”(SWOT Analysis Starbucks, 2010). In 1992, Starbucks listed on the stock exchange. Since then, its growth was phenomenal. Its annual average growth rate is 20% and profit growth is around 30%. Its share price marked a record...
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...of low volatility, such as from 2002 to 2006, this method can be very profitable. However, in recent years a higher-yielding currency is potentially seen as a sign that problems are building up in the economy. In periods of high volatility such as now, speculating directly on currency movements is usually considered too risky for private investors as it can easily lead to large losses. Buying overseas-listed shares or investing in funds that hold foreign assets is the most obvious way in which it is likely an investor will become exposed to foreign exchange risk. In the case of Billabong as a globally renowned company, this means that much of its overseas demand for its products can be unpredictable to a large degree and hence present challenges for the company in maintaining competitiveness in this environment. 2. What does a falling Australian...
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...PESTLE ANALYSIS: INDIA POLITICAL ANALYSIS Democracy is the focal point of the Indian political system, but is often constrained by social tensions due to religious, caste and linguistic differences. Some of the communal flare-ups—such as Babri Masjid in 1992, Godhra in 2002, and the large exodus of India’s northeastern migrants from the southern cities in 2012 due to fear of attacks by Muslims— have rocked the whole country in the past. In 2013, the country again witnessed communal riots between Jat Hindus and Muslims in the town of Muzaffarnagar (located in the state of Uttar Pradesh), which has been deemed as ―the worst instance of political violence in the country in the last decade‖. In addition, the government’s assent to the creation of a new state of Telangana in southern India has brought intensified demands for new states in other parts of the country, either on ethnic lines or for better administration. Current strengths Strong democratic setup India is the largest democratic nation in the world and principles of democracy are deeply entrenched in the Indian political system. Indian diversity is reflected in the federal political structure of government, where power is shared between states and the center. There are national level elections, state level elections, municipal elections and panchayat (village) level elections, all of which require citizens to exercise their vote. As per the World Bank’s Worldwide governance Indicators, India ranked in the 58...
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