This article is about a rise in the general price level. For the expansion of the early universe, see Inflation (cosmology). For other uses, see Inflation (disambiguation). Economics 2011 World GDP (PPP) per capita by country 2012 World GDP (PPP) per capita by country Index Outline Category History Types Classification History of economics Economic history (academic study) Schools of economics Microeconomics Macroeconomics Heterodox economics Methodology JEL classification codes
Words: 8835 - Pages: 36
aggregate demand for goods and services and thus reduce demand for workers. Keynesian models recommend government interventions designed to increase demand for workers; these can include financial stimuli, publicly funded job creation, and expansionist monetary policies. Keynes believed that the root cause of unemployment is the desire of investors
Words: 7527 - Pages: 31
Indian Institute of Management, Ahmedabad, in which the paper was first published (January-March 1998, 23(1), 27-38). Ó Vikalpa (http://www.iimahd.ernet.in/vikalpa). All rights reserved Until the early nineties, corporate financial management in India was a relatively drab and placid activity. There were not many important financial decisions to be made for the simple reason that firms were given very little freedom in the choice of key financial policies. The government regulated the price at
Words: 7570 - Pages: 31
study represents that how NBFCs are making more profit than banks in INDIA. What types of NBFCs are there in India and how they are regulated through various regulatory bodies. Objectives of this study is to compare various NBFCs from different Sector. To identify different strength and weakness of various NBFCs in today’s competitive market. To identify various opportunity available for NBFCs in India. 1 1.3 RESEARCH METHADOLOGY DATA COLLECTION There are
Words: 13804 - Pages: 56
scheme? Rubinstein explains development as the process of improving the material conditions of people through the diffusion of knowledge and technology. Development can take many forms: economic, agricultural, human, educational, ecological, structural, political and others. The principal goal is to move a state or society to another, more advanced stage and enabling better living conditions including health and longevity. Two fundamental categories used in identifying states are LDC (less developed
Words: 2127 - Pages: 9
set forth for the growth path of the economy. Global as well as the domestic investors would also be looking for signals. The attempt of the government to push for higher growth without sound economic fundamentals has further resulted in higher inflation, increased current account deficit, tighter inter-bank liquidity, and sub-optimal utilization of the tax payers’ money. The major expectations that surround the budget can be summarized as below: Sustainability in curbing government expenditure
Words: 7509 - Pages: 31
arrangement (Mellor, 2009). The core of the problem was complicated, but simplification showed it was the nonstandard arrangement of the monetary system that created a complicated scope of financial tools and entities to be formulated. Capitalist economies were “democratized” in a process involving de-mutualization, privatization and an always-available monetary obligation (Mellor, 2009). Homes were seen from a different perspective as financial additions, rather than
Words: 7080 - Pages: 29
the current account it was financed mainly through deft flows & official development assistance. The policy followed was one which discouraged foreign investment. However, the adverse balance of payment & the economic crisis faced by India forced India to adopt economic reforms. Government restrictions can often result in a currency with a low convertibility. For example, a government with low reserves of hard foreign currency often restrict currency convertibility because the government
Words: 6744 - Pages: 27
Chapter 1 INTRODUCTION 1. INTRODUCTION TO THE STUDY Equity market is often considered as the main engine driving the economy. Equity markets allow savers to acquire stake in a firm, and sell it, if they need access to their savings or if they want to alter their portfolio. At the same time, it allows firms to raise permanent capital for asset creation. By incorporating information about future earnings potential in current stock prices, the equity market also serves as a barometer
Words: 12842 - Pages: 52
slide. The Brookings Institution-Financial Times Tracking Indices for the Global Economic Recovery shows a steep drop in 2012 so far, leading professor Eswar Prasad of Brookings to describe the global economy as “on the ropes”. In the International Monetary Fund’s twice-yearly World Economic Outlook, published this week, Olivier Blanchard, the fund’s chief economist, said the world economy was hamstrung by uncertainty, which was pre- venting companies from investing and households from spending.
Words: 15731 - Pages: 63