W P S (DEPR) : 16 / 2012 RBI WORKING PAPER SERIES Sustainable Level of India’s Current Account Deficit Rajan Goyal DEPARTMENT OF ECONOMIC AND POLICY RESEARCH AUGUST 2012 The Reserve Bank of India (RBI) introduced the RBI Working Papers series in March 2011. These papers present research in progress of the staff members of RBI and are disseminated to elicit comments and further debate. The views expressed in these papers are those of authors and not that of RBI. Comments and observations
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His teacher frequently sent notes home about his disciplinary problems in the classroom. In fact‚ there had been concerns about promoting Ken to the first grade. The final result was a “trial promotion.” Everyone hoped that Ken would mature and do much better in first grade‚ but his behavior became even more disruptive. Ken’s mother had received negative reports about him from his teacher several times over the first 2 months of school. His teacher reported that he didn’t complete his work‚
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President Vladimir Putin recently directed his nation’s parliament to develop a plan to reduce the country’s falling birthrate. In a speech to parliament on May 10‚ 2006‚ Putin called the problem of Russia’s dramatically declining population‚ "The most acute problem of contemporary Russia." The president called on parliament to provide incentives for couples to have a second child to increase the birth rate in order to stop the country’s plummeting population. Russia’s population peaked in the
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banking industry in Malaysia is a matured market. The range of services offered are generally similar in nature. The Bank serves their best to the clients‚ their major source of income in terms of offering lower financing‚ preferred rates and investment services due to the highly competitive industry. In addition to that‚ the customer service‚ reputation‚ financial performance of the Bank‚ location of the outlet and other quantitative and qualitative criteria serve to distinguish the banks in the eyes
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The Arizona budget is currently meeting its objectives and obligations. The needs of residents within the State are meet accordingly. The Congress of the State for the past few years have kept a balanced budget. Moreover‚ the appropriations are distributed directly to the programs/services provided by Arizona. Legislators and the governor priorities in funding the expenditures of the state seem to be connected to the constituents of its districts. As an Arizona resident‚ the proposal for the
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Balanced Budget Amendment I do not believe that within the next seven years the United States Constitution will be amended to require the national government to balance its budget each year. While I believe that a balanced budget is necessary in order to avoid potential political and economic crises‚ the party division in the two chambers of Congress as well as the difficulty of amending the Constitution‚ pose a major obstacle this nation faces in order to do so. “A Republican balanced-budget plan would
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Capital Budget Recommendation Guillermo Furniture Overview Guillermo Navalez is an owner of a small furniture manufacturing company near his home‚ Sonora‚ Mexico. Sonora offers mild weather‚ beautiful scenery‚ and inexpensive housing. Guillermo is the largest manufacturer of furniture in his area where the supply of timber for tables and chairs is easily accessible due to the nature of resources (University of Phoenix‚ 2010). Labor is also inexpensive and Guillermo was making profit up until
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What factors might contribute to a low or high growth rates in a country? There are three categories of factors that contribute to a low or high growth rates. These categories are the demand factor‚ the efficiency factor‚ and supply factors. Government spending or exports can lead to a higher to aggregate demand and higher economic growth. “Economic growth requires increases in total spending to realize the output gain made available by increased production capacity” (McConnell‚ 2012‚ p. 513)
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Budget Management Analysis Budget Management Analysis A budget is a tool that helps managers to ensure that the required resources are obtained and used effectively and efficiently as the organization moves towards achievement of its objectives. A budget is stated in terms of money and is usually made for one year depending either on the prior year’s budget or on existing programs (Cleverly & Cameron‚ 2007‚ p. 330). Creating a working budget is a very difficult undertaking‚ and for the budget
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Critically reflect on the importance of capital budgeting. Why is this heated subject in many boardrooms? How does capital budgeting promote the financial health of an organization? How will you use the financial techniques you have learned this week to promote the financial health of your organization? A capital budget is very important for a business. It is a heated subject because a decision about capital budgeting can help the business to determine if the proposed investments or project are
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