the lack of it. It is strange that the economists within the country along with the international lobby are trying to portray Rajan as ’martyr’ after BJP MP Subramanian Swamy raised serious questions over his style of functioning. A prominent economic journalist wrote a long article to argue that Rajan’s ouster could result in the vanishing of all the foreign capital from the country. One can only pity at the wisdom of such experts. Going by their logic‚ the country does not need any elections
Premium Monetary policy Inflation Interest rate
THE GREECE CRISIS. So what’s the problem in Greece? Years of unrestrained spending‚ cheap lending and failure to implement financial reforms left Greece badly exposed when the global economic downturn struck. This whisked away a curtain of partly fiddled statistics to reveal debt levels and deficits that exceeded limits set by the eurozone.Greece was living beyond its means even before it joined the euro. After it adopted the single currency‚ public spending soared. Public sector wages
Premium European Union Eurozone United States public debt
Citigroup Global Markets’ case Name: Affiliation: Discuss how administrative agencies like the Securities and Exchange Commission (SEC) or the Commodities Futures Trading Commission (CFTC) take action in order to be effective in preventing high-risk gambles in securities / banking‚ a foundation of the economy. The role of the Securities and Exchange Commission (SEC) is to maintain an orderly‚ fair and efficient market‚ protect investors as well as to facilitate
Premium Tort Contract Common law
A Comparative Study of Islamic Banking in Pakistan: Proposing and Testing a Model BY Ashfaq Ahmad PhD Scholar 117/FUIMCS/Ph.D(MS)-2006 FACULTY OF MANAGEMENT SCIENCES 2009 A Comparative Study of Islamic Banking in Pakistan: Proposing and Testing a Model A thesis submitted to the FUIEMS Foundation University‚ Islamabad In partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY In MANAGEMENT SCIENCES BY Ashfaq Ahmad PhD Scholar FACULTY OF MANAGEMENT SCIENCES 2009 APPROVAL
Premium Bank Islamic banking
18 Discussion of the Recent Financial Crisis & Other Recent Events MACROECONOMICS Macroeconomics Prof. N. Gregory MankiwRudra SensarmaKozhikode Indian Institute of Management PowerPoint Slides by Ron Cronovich © 2013 Worth Publishers‚ all rights reserved www.rudrasensarma.info ® Learning objectives & outcomes Macroeconomic implications of: Japan’s prospective PM and his plans The Eurozone mess and a Greek default The Global crisis and macroeconomic policy 1 Shinzo Abe’s plans
Premium Inflation Monetary policy Central bank
another country to promote economic growth. Fixed exchange rates allow importers and exporters to know exactly what kind of exchange rate they can expect for their transactions. This in turn helps to control inflation and temper interest rates‚ allowing an increase in trade. In addition‚ it’s important for a country’s exports to be greater than their imports to prevent a heavy trade deficit. Several factors help predict whether a country is going to experience a crisis. Recent historical data such
Premium Inflation Bretton Woods system Macroeconomics
post-nationalisation in 1949. The reasons behind the nationalisation of the RBI were twofold: first‚ to control inflation in India which existed since 1939 and second‚ in order to utilise it as a tool for economic change in India at a point of time when India was prepared to set out on its journey of economic growth and development. This paper shall discuss how exactly the RBI carries out its intended functions. In section II‚ this paper shall discuss the basic functions of the RBI. In section III‚ the
Premium Bank Central bank Monetary policy
Introduction Green Banking is no more new concept in today`s world. The concept of Green is to minimize environmental degradation and making this planet habitable and it’s being used in banking sector which is presently known as Green Banking. The concept of Green Banking was developed in the western countries. Green Banking is a general term‚ which can cover a multitude of areas from a bank being environmentally friendly to how and also where their money is invested. Green Banking refers and emphases
Premium Bank
UNIVERSAL BANKING What is Universal Banking? “Banking that includes not only services related to savings and loans but also investments.” This is most common in European countries as it is prohibited by law in the United States. Although‚ in recent times there has been much market pressure in the US for change. In universal banking‚ large banks operate extensive networks of branches‚ provide many different services‚ hold several claims on firms (including equity and debt)‚ and participate
Premium Bank
2.3 The Relevancy of Inventory Management (IM) in Global Competitiveness Many authors have discussed the relationships between inventory management and competitive advantages in the perspective of large companies (Natarajan‚ 1991). Reducing production time by faster value addition to the materials will lead to a competitive advantage in the inventory cost. Inventory costs are decreased when the materials take less time to produce in the system. However‚ the inventory costs have been argued on determined
Premium Economics Management Marketing