JSB Market Research: Indias Mining Fiscal Regime: H1 2014 On 11rd June 2014 Synopsis Timetrics Indian mining fiscal regime report outlines governing bodies‚ governing laws‚ mining ownership and licenses‚ rights and obligations and tax-related information on 12 commodities: coal‚ iron ore‚ zinc‚ lead‚ copper‚ bauxite‚ gold‚ silver‚ chromium‚ manganese‚ diamond and uranium. Summary The mining industry in India is governed by Ministry of Mines‚ Indian Bureau of Mines (IBM) and Geological
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1. What is the Solow (or long-run) growth curve‚ why is it vertical‚ and what causes it to shift? Solow growth curve is a production function that expresses the relationship between output and the factors of production. the formula is Y = F(A‚K‚eL) where A= ideas‚ K = physical captial‚ L = Labor‚ and e = natural resources. The Solow growth curve is represented by a vertical line at the Solow growth rate because: I. it does not depend on the rate of inflation. II. there is an underlying assumption
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INTRODUCTION The aim of this assignment is to analyse the fiscal implications of providing free higher education in South Africa‚ considering the current economic environment of slow economic growth‚ high public debt‚ and an increasing budget deficit. An analysis of the conceptualisation of higher education as a public good shall be provided as well as a brief discussion on the possible effect of providing free high education on the government expenditure‚ government revenue (tax) and government
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Your 80 year-old great aunt‚ Persis‚ was placing a canning jar on the top shelf of her pantry when she stepped awkwardly off the stool and twisted her leg at the hip. She felt a sharp pain in her hip and‚ after collapsing to the floor‚ found she could no longer stand. She was taken to the emergency room where an X ray showed that the neck of her femur was fractured. More detailed X ray images revealed reduced bone mass in the head and neck regions of the injured femur‚ in the ends of other long
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Financial management What are the monetary and fiscal policy of india and wat are the impacts over Indian economy. ------------------------------------------------- Monetary policy of India From Wikipedia‚ the free encyclopedia Monetary policy is the process by which monetary authority of a country‚ generally a central bank controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic growth.[1] In India
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The Fiscal Mismanagement and Fixed Exchange rate were the cause of Argentina 2001 Crisis Summary: Argentina’s economy verge to a state of collapse in the year of 2001‚ but the economy started to struggle with an economic recession in 1997. The fiscal mismanagement paired with the fixed exchange rate policy conducted the country to a financial crisis. IMF policies in lending to a country with struggling economy made people think if IMF was the responsible for the default crisis that affected Argentina
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including credit-card rates and mortgages. Governments define fiscal policy by setting taxation levels and writing legislation and regulation for everything from health care to the environment. Fiscal and monetary policy changes can affect businesses directly and indirectly‚ although competitive factors and management execution are also important factors. Businesses go through cycles of expansion‚ recession and recovery. Monetary and fiscal policies can affect the timing and length of these cycles
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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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Are monetary disturbances and fiscal deficits inflationary? Empirical evidence from Malaysia Associate Professor Dr Tan Juat Hong College of Graduate Studies‚ Universiti Tenaga Nasional‚ Malaysia ABSTRACT: The study uses the VAR model to investigate the responses of domestic inflation to monetary and fiscal policies‚ with output as the scale variable. The results show that domestic inflation responds positively to monetary policy shocks but not to fiscal deficits. If one assumes the velocity of
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How does the fiscal policy affect economic activity and income distribution in the Australian economy? Fiscal Policy is a macroeconomic policy that can be used by the government to regulate aggregate demand and production. Fiscal Policy is implemented through the government’s annual budget and also involves the regulation of aggregate demand by the government changing its level of planned spending (G) and planned tax revenue (T). Fiscal policy has the power to redistribute income‚ reallocate resources
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