GROUP 7 | SECTION-D | PGP-16 | IIM-Kozhikode | IMPACT OF THE RIGHT TO WORK PROGRAMME | MACROECONOMICS | Ankur ZutshiGokul ManeanLohakare AmolPragyaSatadal BiswasTanmoy Chatterjee | 186196206216226236 | Right to Work The Right to Work, according to the Article 39 of the Indian Constitution under the ‘directive principles of state policy’, states that everyone should be given the right to an adequate means to livelihood. In order to guarantee the basic rights like right to
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development model. (Modelo de desarrollo estabilizador) c) 1982- ………: Neoliberal model. (Modelo neoliberal) in order to understand this models and its implications it’s important to make sure a clear understanding about the policies. The Macroeconomic policy affects a country or region as a whole. It deals with the monetary, fiscal, trade and exchange regime, as well as economic growth, inflation and national rates of employment and unemployment. Changes in demand and aggregate supply can cause
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Macroeconomic Policies Affecting the Auto Industry In most countries, the level of automotive production is closely correlated to domestic or regional automotive sales. Also the level of automotive sales and production is closely related to disposable income levels, interest rates and finance availability, consumer confidence and other factors influenced by macroeconomic policies. Production in particular often has long lead times, so consistent and predictable economic progress is important. Therefore
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further reading Where to contact us? Summary Since the OECD’s first Economic Survey of China in 2005, China has continued to expand rapidly. The economy is also weathering the global crisis remarkably well, not least thanks to prompt and vigorous macroeconomic policy action. Economic expansion is projected to continue over the medium run, and China’s share in the world economy is set to grow further. Despite the recent decline in the current account surplus, some imbalances remain, notably an overly
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associations. Hence we selected Brazil and India for comparative study. Objective of Study The objective of our study is to look at various factors which an Investor looks at before investing in a country. Here we have analysed specific sectors and the problems in these countries. Structural Issues in Brazil: Since the mid 1990s, Brazil has enjoyed improved economic and financial stability largely owing to a strengthening of its macroeconomic framework. In order to quickly catch up with other countries,
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AID AND THE DUTCH-DISEASE IN ETHIOPIA Monetary Policy and Economic Research Directorate National Bank of Ethiopia Teferi Mequaninte tefmeq@yahoo.com May, 2005 SECTION ONE Introduction Following the introduction of the Structural adjustment program (SAP) in 1992 to the Ethiopian economy, there was a massive inflow of foreign aid in the form of grants, concessional loans and technical assistance. Net aid1 inflows to Ethiopia during the Derg period were around 7
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consumer spending. A broader look at the state of the economy reveals that the economy is headed for a recovery. Most core sections of the economy have begun to register growth meaning that soon the economy will bounce back (United Nations, 2010). Macroeconomic Snapshots and Forecast Several surveys have been conducted to determine the financial situation of United States. Executives' sanguinity about the budget has continued to propagate over the past months, rendering to the outcomes of a McKinsey
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National Stadium Road, Karachi 74800, Pakistan a r t i c l e i n f o Article history: Accepted 26 August 2012 JEL classification: E50 E52 E58 Keywords: Fiscal policy Monetary policy Inflation targeting Impulse response analysis Macroeconomic variables 1. Introduction a b s t r a c t We examine the effects of fiscal shocks on the performance of alternative monetary policy rules in a small dynamic general equilibrium framework. We explicitly consider the interaction between
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Governments use monetary policy as a tool to influence their economy. Usually, government will find a way to influence the economic activity in connection with their political objectives by using their monetary authority to control the availability and supply of cash flow throughout the economy. Their main goal is to achieve macroeconomic stability by enabling low unemployment, low inflation, economic growth and a balance of external payments. A Central Bank is usually appointed to administer an economy’s
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Macroeconomic Indicators & objectives Deals with the performance of the economy as a whole. Four main indicators to measure this are: 1. Economic growth 2. Unemployment 3. Inflation 4. The current account of the balance of payments In relation to each indicator, they have objectives which are strong and sustainable growth, low employment, low and stable inflation and an acceptable balance
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