not bear fruit as the banks and financial institutions were using the funds to invest in risk-free long-term government bonds. The deadlock of money supply worsened. Businesses needed funds‚ but the banks were not lending any. At this stage‚ revival of US economy required the use of some unconventional monetary policy from the Federal Reserve. The Fed opted for Quantitative Easing (QE). This tool was first used by the Bank of Japan in 2001. Quantitative Easing‚ as the name suggests‚ eases pressure
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Global Meltdown and its Impact on Indian Economy In 2007 end‚ the Organisation for Economic Co-operation and Development (OECD) commented that "the current economic situation is in many ways better than what we have experienced in years. Our central forecast remains indeed quite benign". Three months later‚ the financial crisis began: the US stock market started its long decline and house prices fell. Financial institutions began to resemble tenpins rather than the pillars of society they had
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The Bourbons never gave any thought to greater self-government in the American colonies‚ or of permitting them to trade more freely with the non-Spanish world. If anything‚ the Bourbons centralized colonial administration so as to make it more efficient. The commercial reforms were designed to stop smuggling and end the contraband trade that had flourished for decades and reinforce the exclusive commercial ties between Spain and its colonies. Spain was out to reconquer its colonies‚ both economically
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other countries. For example‚ heavy taxes meant that colonists taxed when they imported certain things from other nations. Limits in imports meant that ships from other nations could not deliver goods to the thirteen colonies. Lastly‚ limits on exports meant that many goods had to be shipped to a British port first‚ before they could be sold to other countries. The purpose of the laws was to restrict colonial trade through taxes. 32. In 1686‚ King James
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COMPETITION: A POTENT TOOL FOR ECONOMIC DEVEOPMENT AND SOCIO-ECONOMIC WELFARE 22nd July 1955‚ my grandfather booked a telephone for his residence. Considered to be a luxury‚ the phone‚ was not available to all. My mother vividly remembers my grandfather‚ standing in the queues for long hours to book this luxury item. 16th August 1960‚ on the eve of my Grandfather’s second daughter’s birthday‚ the phone arrived. The wait was over. Our family had a telephone. 22nd July 2012‚ I go to buy a phone
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Indian Automotive Industry In the early 21st century‚ with the original four Asian Tigers at or near to fully developed status‚ attention has increasingly shifted to other Asian economies such as China and India‚ which are experiencing rapid economic transformation at the present time and are thus leading a sort of redistribution of the epicenter of global innovative activities. Not only so‚ it is also being widely contended that these emerging new economies that have already shown capacities
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The Setting Suns amidst the Rising Stars Vriddhi Research Prabhusaurabh91@gmail.com 8976556967 After a very difficult 2013‚ Indian Markets emerged as a rising star among all the global indices except for China in the Year 2014. The major cues that lead to this bull-run were emergence of BJP as a single largest party under the leadership of Mr. Narendra Modi‚ the improving inflation data and the sharp decline in crude oil prices. On the global front‚ the end of QE by US FED signaled that the
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1: About the Renaissance Pg. 2 The Impact of Classical Antiquities on Renaissance Art The word “renaissance” (rebirth) refers not only to the sudden and widespread flourishing of literature and the arts in fifteenthcentury Italy but also to the revival of antique culture as a vital force at that time. Long the subject of antiquarian curiosity‚ ancient artifacts now became sources of potent creativity‚ firing artists with inspiration and a desire to emulate the achievements of the past. In the remains of ancient Rome
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s DIBRUGARH UNIVERSITY CENTRE FOR MANAGEMENT STUDIES MASTER OF BUSINESS ADMINISTRATION – 1ST SEMESTER ASSIGNMENT ON INDUSTRIAL POLICY OF ASSAM SUBJECT: BUSINESS ENVIRONMENT Submitted to: Submitted by: Ms. SUMAN MAHANTA ARUP BORDOLOI ASST. PROFESSOR ROLL NO: 06/12 CONTENTS: 1. INTRODUCTION 2. INDUSTRIAL POLICY OF ASSAM : 1982 3. INDUSTRIAL POLICY OF ASSAM : 1986 4. INDUSTRIAL POLICY OF ASSAM : 1991
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Question sir please give me answers of the foloowinf questions 1. Briefly review the New Economic Policy of 1991. Highlight the landmark developments undertaken in the field of Public Sector Policy. 2. State the measures taken by Indian Government to tackle industrial sickness in SSI and Non-SSI Sector. . 3. “An important objective of industrial policy and licensing is to prevent the emergence of private monopolies and the concentration of economic power in the hands of a small number
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