Economics
Impact of US Recession of 2007-08 on Indian Economy and recommendations for future
Date: August 28, 2014.
CONTENTS PAGE NOS.
Objective
Background
Research Methodology
Backdrop of the crisis
(i) Boom in World Economy and Thriving Asset Prices
(ii) Growth in US Economy - Interest Rate Cut and Deregulation
(iii) Failure of the US Leadership in Anticipating the Crisis
Development of the crisis
(i) Sub-prime mortgage
(ii) Securitization and Repackaging of Loans
(iii) Excessive Leverage
(iv) Misleading judgments of the Credit Rating Organizations
(v) Mismatch between Financial Innovation and Regulation
(vi) Failure of Global Corporate Governance
Impact of the Economic Crisis on India
(i) Offshoot of Globalized Economy
(ii)Aspects of Financial Turmoil in India-
Capital Outflow
Impact on Stock and Forex Market
Impact on the Indian Banking System
Impact on IT Sector
Impact on Industrial Sector and Export Prospect
Impact on Employment
Impact on poverty
(iii) Indian Economic Outlook
India’s Crisis Responses and Challenges
(i) RBI’s Crisis Response
(ii) Government’s Crisis Response
(iii) State of Economy in Crisis
Options ahead
Recommendation
(i) Diversifying Exports
(ii) Boosting Domestic Consumption
(iii) Enhancing Public Spending
(iv) Generating Employment
(v) Provisioning Credit to Productive Sectors
(vi) Need for Structural Reforms
(vii) Increased purchasing power of the people
Conclusion
Objective
The objective of this study is analyzing the situation of Indian markets post US Recession of 2007-08. As an outcome of this we expect to provide our recommendations on various strategies, which can be adopted by the Indian Economy as a whole to reduce the impact of such recessions on our local markets. One of the options that would be explored is diversifying investments and business across the world and reduces dependency on any one region.
Background
With the increasing integration of the Indian economy and its
Date: August 28, 2014.
CONTENTS PAGE NOS.
Objective
Background
Research Methodology
Backdrop of the crisis
(i) Boom in World Economy and Thriving Asset Prices
(ii) Growth in US Economy - Interest Rate Cut and Deregulation
(iii) Failure of the US Leadership in Anticipating the Crisis
Development of the crisis
(i) Sub-prime mortgage
(ii) Securitization and Repackaging of Loans
(iii) Excessive Leverage
(iv) Misleading judgments of the Credit Rating Organizations
(v) Mismatch between Financial Innovation and Regulation
(vi) Failure of Global Corporate Governance
Impact of the Economic Crisis on India
(i) Offshoot of Globalized Economy
(ii)Aspects of Financial Turmoil in India-
Capital Outflow
Impact on Stock and Forex Market
Impact on the Indian Banking System
Impact on IT Sector
Impact on Industrial Sector and Export Prospect
Impact on Employment
Impact on poverty
(iii) Indian Economic Outlook
India’s Crisis Responses and Challenges
(i) RBI’s Crisis Response
(ii) Government’s Crisis Response
(iii) State of Economy in Crisis
Options ahead
Recommendation
(i) Diversifying Exports
(ii) Boosting Domestic Consumption
(iii) Enhancing Public Spending
(iv) Generating Employment
(v) Provisioning Credit to Productive Sectors
(vi) Need for Structural Reforms
(vii) Increased purchasing power of the people
Conclusion
Objective
The objective of this study is analyzing the situation of Indian markets post US Recession of 2007-08. As an outcome of this we expect to provide our recommendations on various strategies, which can be adopted by the Indian Economy as a whole to reduce the impact of such recessions on our local markets. One of the options that would be explored is diversifying investments and business across the world and reduces dependency on any one region.
Background
With the increasing integration of the Indian economy and its