Medium-sized Enterprises (SMEs). Thus policy makers attempt to pursue financial sector policies to propel financial intermediaries to extend more credit to SMEs. Access to credit still remains a challenge to SMEs especially those in developing economies and continues to dominate discussions both within business circles and policy makers. In Nepal, for instance, a survey by Ferrari et al (2006) entitled to “Access to financial services in Nepal” indicated that lack of adequate access to credit topped
Words: 5548 - Pages: 23
The Hotel Industry Outlook The U.S. economy as a whole has weathered some severe economic conditions during and since the 2007 subprime mortgage crisis and the 2008 credit crisis. The recession claimed over 8 million U.S. jobs and left the economy damaged with an unemployment rate holding at 9.1%. The combination of a long recession, liquidity crisis, and anemic growth has revealed the worst financial downturn since the Great Depression. The economic system has experienced economic shocks
Words: 721 - Pages: 3
the period post 1965. The next decline in economic performance was due to oil shocks and currency devaluation prior to New Economic Policy of 1991. Apart from this the economic performance was affected by crises such as the Asian Financial Crisis and the global financial crisis of 2008. During the period of 1965-66, the economic performance deteriorated and there was a huge trade deficit. Subsequently there was currency devaluation to the extent of 56.75%. This was due to reasons like the war with
Words: 804 - Pages: 4
The UK public sector has been transformed over the past few decades. In an increasingly global economy, the main lever by which central governments can influence the success of the domestic economy is by ensuring its public sector operates efficiently. The central governments of the developed economies have adopted similar change agendas to transform their public sectors. These change agendas entail the introduction of new structures, new kinds of organizations and a ‘reinvention’ of many parts of
Words: 1384 - Pages: 6
and society" (Cadbury, 2000) Corporate Governance Scenario in Bangladesh: Corporate governance practices in Bangladesh are quite absent in most companies and organizations. In fact, Bangladesh has lagged behind its neighbors and the global economy in corporate governance. One reason
Words: 1728 - Pages: 7
question Vietnam has an estimated 90.3 million inhabitants. It is the world's 13th-most-populous country, and the eighth-most-populous Asian country as of 2012. It is a one party communist state that has been one of south east asias fastest growing economies and has its sights on becoming a developed nation by 2020. It became a unified country in 1975 when the armed forces of the communist north seized the south. The country experienced 3 decades of bitter wars in which the communists first fought against
Words: 1989 - Pages: 8
containers still have vast uses in the food industry and we foresee a sharp rise in the demand for this new range of products," he told Business Times recently. Lee Soon Seng is wholly owned by SCGM Bhd, a public-listed investment holding firm. For the financial year ended April 30 2013, SCGM posted RM96.9 millions revenue compared with RM82.1 million in 2012. Net profit saw a jump from RM5.9 million to RM7.8 million in the corresponding period. <http://www.btimes.com.my/Current_News/BTIMES/articles/PLASTICS/Article/#>
Words: 1785 - Pages: 8
1. Population of Indonesia With a population totaling around 250 million individuals, Indonesia is the fourth largest country with regard to population size. Its ethnic composition is characterized by a wide variety as the country contains hundreds of different ethnic groups and cultures. However, more than half of the population can be classified as belonging to the two main ethnic groups: Javanese (41 percent of the total population) and Sundanese (15 percent of the total population). Both these
Words: 15282 - Pages: 62
ECONOMIC ENVIRONMENT The Economy of India , ninth largest in the world by nominal GDP and third largest by purchasing power parity (PPP), is going to touch new heights in coming years. The history of Indian economy can be broadly divided into three phases: Pre- Colonial, Colonial and Post Colonial. Pre Colonial: The economic history of India since Indus Valley Civilization to 1700 AD can be categorized under this phase. During Indus Valley Civilization Indian economy was very well developed
Words: 1196 - Pages: 5
Economy of the People's Republic of China The People's Republic of China is the world's second largest economy after the United States. It is the world's fastest-growing major economy, with average growth rates of 10% for the past 30 years. China is also the largest exporter and second largest importer of goods in the world. China became the world's top manufacturer in 2011, surpassing the United States. For 2010, inbound foreign direct investment into China surpassed $100bn for the first time
Words: 2614 - Pages: 11
