:-Done by Sunil Kumar and Ajeet verma Indian economy before us recession India had been growing robustly at an annual average rate of 8.8 per cent for the past five years (2003-04 to 2007-08). This was higher than the potential growth rate of output as estimated by the IMF. The strong Indian growth story, based on its structural strengths of a young population, skilled manpower, rising savings and investment rates, large unfulfilled domestic demand and globally competitive firms attracted
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India maintains a high discrepancy between the rate of growth of the economy and the rate of growth of employment. Labour elasticity to output has decreased over time and the capability of the Indian economy to generate employment seems to be limited. As a result, more than 60 percent of Indian workers are still employed in agriculture and 94 percent of total labour force can be found in the unregistered segment of the economy. This paper analyzes the jobless growth problem in India in terms of
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the sheer nature of the sector which propagates its effect to the real economy – the financial system. The main objective of monetary policy in Nigeria is to ensure price and monetary stability. This is mainly achieved by causing savers to avail investors of surplus funds for investment through appropriate interest rate structures; stemming wide fluctuations in the exchange rate of the naira: proper supervision of banks and related institutions to ensure financial sector soundness; maintenance efficient
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as a vibrant sector in the Indian economy. Strong regulatory mechanism, inherent strength in the economy, and progressive policy framework which supports, nurtures, and helps in growing the financial institutions. Indian financial services industry is dominated by the banking sector that contributes significantly to the level of economic activity. The banking structure in India is broadly classified into public sector banks, private sector banks and foreign banks. The public sector banks continue
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Full Paper for IC2011 INTERNATIONAL CONFERENCE ON "India Emerging: Opportunities and Challenges" THEME Enablers to Development Sub-Themes Entrepreneurship Topic: Social Entrepreneurship Author 1*: Digvijay Singh Affiliation: Student of Department of Business Management NIT Kurukshetra 136119, Haryana E-mail: digvijay.singh572@gmail.com Author 2: Aakriti Mittal Affiliation:
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medium-sized businesses (SMBs) are businesses whose personnel numbers fall below certain limits. These are the most common businesses found across most of the world’s economies. The World Bank Review on Small Business Activities establishes the commitment of the World Bank Group to the development of the small and medium enterprise (SME) sector as a core element in its strategy to foster economic growth, employment and poverty alleviation. In the context of Bangladesh, the development of Small and Medium
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standard of living. Development of Thought: Changes in the policy packages towards deregulation, liberalization and opening up of the economy were initiated in the late 70s and early 80s but it was not until 1991 that major economic reforms were undertaken. The major changes in India's economic reforms fall broadly under five heads-industrial, trade, financial, fiscal and monetary. However these measures of stabilization are not by themselves enough. The main impetus for sustainable economic growth
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framework of the economy and monetary policy of the Republic of Liberia and the effectiveness it pursues in the implementation its institutional framework. The economy continues to be plagued by a multiplicity of social, financial and economic challenges which has seen production level of the sector far below prewar levels (Findlay & O’Rourke, 2007). Consequently, the government’s approach has been directed towards vigorous pursuing money and credit supply to stabilize the economy. In order for Liberia
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Explain, with the aid of appropriate diagrams, how the five sector circular flow of income interacts to generate economic activity. The circular flow model represents two flows: the real flow of production and the flow of money. The real flow refers to the flow of resources and goods and services within an economy. Firstly, the simple circular flow of income encompasses two closed sectors – firms and households, and two markets – the product and factor. Households sell resources, such as land
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their country in general and also their 3 different industry sectors, this accounts for whether the country and their sectors are in growth or decline. The countries that I will be discussing within this report are going to be South Africa, Brazil; both of these countries are going to be compare to the UK’s 3 industry sectors. These are 3 different countries with; 3 different economical situations, systems and backgrounds. The economy of South Africa, is the largest in Africa with 24% of its Gross
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