Rural Banks Act, 1976. A significant development in the field of banking during 1976 was the establishment of 19 Regional Rural Banks (RRBs) under the Regional Rural Banks Act‚1976. The RRBs were established “with a view to developing the rural economy by providing, for the purpose of development of agriculture, trade, commerce, industry and other productive activities in the rural areas, credit and other facilities, particularly to small and marginal farmers, agricultural labourers, artisans and
Words: 987 - Pages: 4
“New trends of Middle East Economy” Middle East Economy Background Main economic sectors & main actors Current trends with alternative investment apart from oil industry” by Panakant Raschasri 5303640691 Middle East Economy Background The economic structure of Middle Eastern nations are different in the sense that while some nations are heavily dependent on export of only oil and oil-related products (such as Saudi Arabia, the UAE and Kuwait), others have a highly diverse economic base (such
Words: 3601 - Pages: 15
characteristics 6 The role of the trade unions 6 Financial system 6 Regulations influencing international trade 7 Taxation 7 The role of the government 8 Corruption 8 Quantitative characteristics 9 BOP (Balance of Payment) 9 Inflation Rate 9 Gross Domestic Product 10 Economic sectors 10 Structure Labor Force 11 Labor Productivity 11 Employment and Unemployment 12 Interest Rate 13 Importance of international trade for national economy 14 Exchange rate of national currency 14
Words: 3085 - Pages: 13
means to attract foreign capital; stock markets played an insignificant role in their economic growth before the 1980s. Funding for economic capital came primarily from foreign aid, state-to-state from advanced industrial countries to developing economies during the 50’s and 60’s. During the 1970s there was an increase in private bank long-term lending to foreign states that nearly equalled state aid, and as Keynesian ideas came into disrepute due to stagflation. In 1982 when Mexico suspended its
Words: 2590 - Pages: 11
MAF 202 Prepared By: Simardeep Sran - 211689444 Due: September 12, 2013 Table of Contents 1. Introduction 4 2. Findings 5 3.1. Move from Basel II to Basel III 5 3.2.1. The Global Financial Crisis and Basel II Shortcomings 5 3.2. Basel III 6 3.3.2. Main Features 6 3.3.3. Basel II and Basel III Difference
Words: 3326 - Pages: 14
Turkish Economy and Business 1. Turkey has been one of the fastest growing economies in the last 10 years. What have been the main drivers of this rapid growth? a. Fast recession recovery: The painful experience of 2000-01 meltdown that lead to an increase in public debt from38% to 74% of Turkey’s national income, made Turkey better prepared to handle the next crisis. b. Attractive foreign direct investment destination, which grew 20 times from 1990s c. Young and vibrant
Words: 525 - Pages: 3
Importance of ambitious policies, public spending initiatives and people’s participation is emphasised. Globalisation has been growing in the south but unless gradual it can negatively affect the economy. Globalisation has several advantages like migration of labour and its protection leading to flow of financial and technical resources to developing countries and outsourcing of certain low skill activities from developed countries to developing nations, adoption of technology to match the needs of developing
Words: 3302 - Pages: 14
recently been brought up yet again. Poland has even been called the “case study for free markets.” In this political election year, where many are calling for the repeal of Dodd-Frank, dismantling of the Treasury’s Office of Financial Research, and the Consumer Protection Financial Bureau, it would be good to discuss Poland and whether it truly is the “case study” for free market economics. Commentators have argued that Poland’s Finance Minister and Prime Minister “have an unyielding belief in the
Words: 1088 - Pages: 5
An Ongoing Governance Reform Can be Expected to be Sustainable Growth in EU Does EU need a reform of governance for sustainable growth? Euro-zone’s financial crisis was started from PIIGS economy’s a bad fiscal health. Recently, that led to IMF and EU did the swift enactment of 7,500 million euro bailout package, but Euro-zone is still in default now. The default could be effect to East Europe. Additionally, Euro is getting lose currency value in the world, so many people wonder that EU’s sustainability
Words: 809 - Pages: 4
Financial Markets & Institutions Group Assignment Yuan Devaluation Group 2 Group Members Kouadio Dieudonne XPGDM-18 Rohit Khandelwal XPGDM-28 Shruti Tibrewal XPGDM-32 COUNTRY AT A GLANCE Population | 1.364 billion | 2014 | GDP | $10.35 trillion | 2014 | GDP growth | 7.3% | 2014 | Inflation | 2.0% | 2014 | CHINA Economic Overview The Chinese economy experienced astonishing growth in the last few decades that catapulted the country to become the world's second
Words: 3643 - Pages: 15
