The International Monetary Fund: Its Present Role in Historical Perspective* Prepared for the U.S. Congressional International Financial Institution Advisory Commission * For valuable and timely research assistance we thank Debajyoti Chakrabarty. For helpful comments on an earlier draft we thank Jim Boughton. Table of Contents 1. Introduction 2. What does the IMF do? 3. Origins and Original Aims 4. The IMF’s Role in the Post Bretton
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The Monetary‚ Fiscal and External Trade Policy in face of the Global Slowdown: The Indian Context The global economic outlook deteriorated sharply over the last quarter. In a sign of the ferocity of the down turn‚ the IMF made a marked downward revision of its estimate for global growth in 2009 in purchasing power parity terms – from its forecast of 3.0 per cent made in October 2008 to 0.5 per cent in January 2009. In market exchange rate terms‚ the downturn is sharper – global GDP is projected
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Understanding Indian Economy The economy of India is currently the world’s fourth largest in terms of real GDP (purchasing power parity) after the USA‚ China and Japan and the second fastest growing major economy in the world after China. India’s annual growth rate is above 8% while that of China is about 10%. India is a developing country and our economy is a mixed economy. In a mixed economy the public sector co-exists with the private sector. Dadabhai Naoroji is known as the Father
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China’s One Child Policy 1: The main reason that the one child policy was introduced was that the population of China was growing far too quickly. Data suggests that the one child policy has reduced China’s population by around 400 million‚ a huge amount. The one child policy was to save resources‚ land and natural resources. In 1976 the population of China was around 940 million‚ which had grown from 540 million in 1949- a 400 million gain in less than 30 years. This couldn’t go on and as the tradition
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China’s One Child Policy Population policies are the measures taken by the government to influence the population growth of the country. There are two types of population policies‚ which are pro-natalist and anti-natalist. A pro-natalist policy is a policy where the main objective is to increase birth rates and total fertility rate. However‚ a person cannot be forced to have children. As a result‚ the government tries to offer incentives to such as free education‚ and extended maternity leave
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Globalisation of Production Introduction Because of the process of globalisation‚ the production activities of firms have become more dispersive. This essay will introduce situation of globalisation of production since 1980s‚ explore the relationship between governance of a global value chain and the prospects for upgrading in a developing country‚ identify the factors a firm should consider about the location of its production facilities and analyse influence of a heavy reliance on FDI to developing
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and will then explain the single factors of the DESTEP - model and its affect on the Recruitment and Selection department. With every factor I will first explain the factor in general and then administer to the Recruitment and Selection department/worker. The Labor market What is the labor market? The labor market is the place where workers compete for paying jobs and employers compete for willing workers. Also in the labor market the wage rates are determined. The market can be local
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References: Adams‚ J. Stacey (1963)‚ "Toward an understanding of inequity"‚ Journal of Abnormal and Social Psychology‚ Vol. 67‚ pp. 422-436. Bandura‚ A. (1977). Social learning theory. Englewood Cliffs‚ NJ: Prentice Hall. Cable‚ D. M.‚ & DeRue‚ D. S. (2002). The convergent and discriminate validity of subjective fit perceptions. Journal of Applied Psychology‚ 87‚ 875– 884 Latham‚ G.P. (2011). Work Motivation: History‚ Theory‚ Research‚ and Practice. 2nd edition Sage. MacMillan‚ K. (2011). A zero
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Despite the argument that in the beginning of the 1900’s‚ Canada’s immigration policy was the most unrestrictive one‚ compared to those of other nations‚ from a history student’s point of view in 2007‚ the "Open Door Policy" seems to have been quite selective about who it allowed entry into Canada. The fundamental factor that made the Canadian immigration policy a major hindrance to many types of people who wanted to emigrate was the prejudice with which the Canadians developed many beliefs. One
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