Impact of Recession on Indian Economy Table of Contents Reason for Recession to occur 2 Channel through which recession got transmitted to India from US 3 Effect of recession on different sectors 4 Impact on Indian Economy 6 Steps that government took to tackle recession 9 References: 11 Reason for Recession to occur What happened was this: banks
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The Impact of Tourism on Economy of Singapore Introduction Located in the southern tip of Malay Peninsula‚ Singapore is a sovereign city-state and island country in Southeast Asia. By 2012‚ the population of the country was 5.3 million‚ composed by 62 percent citizens and 38 percent permanent residents or foreigners. As a small country with limited resources‚ it is strategized to develop itself as a trading-based and tourism-based country. In 2013‚ there were 15.6 million tourists visited the country
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Though‚ despite this shortage of investment‚ these countries have developed a strong urge for industrialization and economic development. As we know the need for Foreign capital arises due to shortage from domestic side and other reasons. Indian economy has experienced the problem of capital in many instances. While planning to start the steel companies under government control‚ due to shortage of resources it has taken the aid of foreign countries. Likewise we have received aid from Russia‚ Britain
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The Impact of Globalisation on the Australian Economy Globalisation is not new. Australia has been involved in trade‚ investment‚ financial flows‚ technology transfers and the migration of labour since its foundation as a colony. What has changed is the size‚ direction and influence of these transfers‚ especially since 1980. There are a number of factors that have aided this transformation. They include: The expansion of new markets foreign exchange and capital markets are linked globally
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IMPACT OF THE INFORMAL ECONOMY ON DEVELOPMENT. What is Informal economy? Simply put the informal economy refers to those economic activities that are neither taxed nor monitored by a government and are therefore not included in that government ’s Gross National Product (GNP) However in literature this phenomenon is discussed using different concepts such as informal‚ unofficial‚ irregular‚ parallel second underground‚ underground‚ grey markets‚ subterranean‚ hidden‚ invisible‚ unrecorded
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International Journal of Business and Social Science Vol. 2 No. 5; [Special Issue -March 2011] Illusive and Regressive Globalization: Issues and Challenges for Pakistan’s Economy Muhammad Iqbal Anjum Assistant Professor International Institute of Islamic Economics‚ International Islamic University Islamabad‚ Pakistan E-mail: miqbalanjum@iiu.edu.pk Abstract In a mesmerizing scenario of the aura of glamorous globalization‚ Pakistan has entered the 21st century with ambivalent presentiment of hope
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OF FDI: There has been a marked increase in both the flow and stock of FDI in the world economy over the last 30 years. FDI has grown more rapidly than world trade and world output because: Firms still fear the threat of protectionism. The general shift toward democratic political institutions and free market economies has encouraged FDI. The globalization of the world economy is having a positive impact on the volume of FDI as firms undertake FDI to ensure they have a significant presence in
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TEXTILE & GARMENTS INDUSTRY PROFILE A. Definition of Industry 1. Description The history of the Albanian textile and garment industry lies in an almost 40 year’s period of state owned enterprises‚ which operated under the centralized socialist economy. The previous industry production was derived through a large domestic valuedadded chain that used to produce from fiber until final product. Industry mainly supplied the domestic market‚ while exports were managed by a single government agency. After
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Central Bank of Nigeria BANKING REFORM AND ITS IMPACT ON THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria Being a Lecture delivered at the University of Warwick’s Economic Summit‚ UK 17th February‚ 2012 Prepared by the Research Department of the Central Bank of Nigeria Protocol 1. It is a great honor to be invited to address the Warwick Economic Summit‚ which has become one of the largest academic conferences in Europe. I wish to commend
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IMPACT OF TOURISM TO MALAYSIA ECONOMY The significant role played by the tourist industry in Malaysia can be traced from its earliest developments. This is because in comparison with other South-EastAsian states such as Indonesia and Thailand for instance‚ Malaysia was less developed in the tourist industry sector. Today it has become the country’s second biggest source of foreign exchange and the third largest economy sector. Over the years the industry is significantly contributing to GDP (gross
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