important industries those control the monetary flow in the economy. From the very first of its journey (Started by Industrial Promotion Company of Bangladesh Limited.) this industry has shown so much prospect as well as progress. Sharing some common characteristics of Banks & some of its own it brought diversification in the financial market. In the same time it witnessed impressive growth during the last years. In our country like most other industries financial institutions are also big city especially
Words: 14002 - Pages: 57
effect of global economic crisis and managed to maintain a sustained growth. According to a provisional estimate, the economy has posted a growth of 6.66 percent in FY2010-11 against that of 6.07 percent in FY2009-10. This performance is mainly attributable to the sustained growth in agriculture sector coupled with recovery of growth in industry sector and the satisfactory performance of service sector. During this period, higher growth in revenue mobilisation and prudent budget management helped maintain
Words: 7602 - Pages: 31
Moreover high inflation, even higher interest rates makes the need for lowering the fiscal deficit even more difficult one to achieve. Measures taken to curb inflation have not borne fruits till now, and some policy implementation is required in this direction. The target figure of fiscal deficit is 4.6 % during 2011-12. It is further targeted to reach 4.1% and 3.5% in FY13 and FY14 respectively. These estimates are majorly based upon two factors * An optimistic growth in tax Revenues * A substantial
Words: 7857 - Pages: 32
2014 GDP Growth Rate During the first quarter of 2014, the United States GDP (Gross Domestic Product) Growth Rate grew only 0.1%. This type of growth makes our economy look worse than it really is performing. There were many different factors that helped hold back the economic growth. One major factor was weather. Weather actually decreased consumption of housing and goods, although it did boost spending on utilities. During 2013, exports to China and business investments on aircraft were
Words: 2179 - Pages: 9
entrepreneurship broadly defined as the capability to start independent businesses activities and possibly introduce new combinations of productive factors. The analysis is based on the distinction between uncertainty and risk that Knight unveiled (Knight, 2012) arguing that risk involves situations where a decision maker face unknown outcomes but known ex-ante probability distributions, while uncertainty is characterized by situations in which the probability distribution of a random outcome is unknown.
Words: 18799 - Pages: 76
International Journal of Business and Management Tomorrow Vol. 2 No. 7 Scope and Strategies in Financing of SMEs by Banks Onkar Chand Rana, Asst. Professor, Sri Sai University, Palampur, H.P. Professor K. Ravi Sankar, IGNOU, New Delhi Abstract Scope and Strategies in Financing of Small and Medium Enterprises by Banks- a case study of State Bank of India at Pathankot, was conducted with a view to examine the problems of SMEs of Pathankot area, examine the scope of further financing SMEs
Words: 8074 - Pages: 33
a general slowdown in economic activity.[1][2] Macroeconomic indicators such as GDP (gross domestic product), investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the
Words: 3886 - Pages: 16
| IMPACT CHINA ASEAN FREE TRADE AGREEMENT (CAFTA) ON INDONESIA ECONOMYWritten by Yuliana (15 Jan 2015)Overview of ASEAN – CHINA Free Trade Agreements In November 2001, ASEAN and China agreed to launch negotiations for an ASEAN-China Free Trade Area (ACFTA). In the following year, ASEAN and China signed the Framework Agreement on Comprehensive Economic Cooperation between ASEAN and China.The objectives of this Agreement are to: (a) | strengthen and enhance economic, trade and investment co-operation
Words: 1798 - Pages: 8
Formed in 2012, Foresight Energy owns and operates four underground coal mining complexes in the Illinois Basin. Its complexes, which include the Williamson, Sugar Camp, Hillsboro, and Macoupin, have a combined production capacity of up to 65 million tons of high Btu coal per year and contain an estimated 3 billion tons of coal reserves. The company sells its mined coal to primarily US and overseas electric utilities and industrial companies. Foresight Energy was formed in early 2012; it filed to
Words: 2421 - Pages: 10
strategy to foster economic growth, employment and poverty alleviation. In the context of Bangladesh, the development of Small and Medium Enterprises (SMEs) can be considered as a vital instrument for poverty alleviation and ensure the rapid industrialization. So we can say that the role of Small and Medium Enterprises (SMEs) is indispensable for overall economic development of a country particularly for developing countries like Bangladesh. It has drawn a lot of interest among policy makers, academics
Words: 6439 - Pages: 26
