Introduction Indian economy had experienced major policy changes in early 1990s. The new economic reform‚ popularly known as‚ Liberalization‚ Privatization and Globalization (LPG model) aimed at making the Indian economy as fastest growing economy and globally competitive. The series of reforms undertaken with respect to industrial sector‚ trade as well as financial sector aimed at making the economy more efficient. With the onset of reforms to liberalize the Indian economy in July of 1991‚ a new
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Global Economy and its impact on Information Technology The global economy gave business the ability to market products and services all over the globe. It has also allowed them to develop partnerships and alliances throughout the world‚ which has become essential for success in today’s business.” This increase in globalization has created many new opportunities‚ such as niche markets‚ and requires everyone to keep up with globalization in order to stay competitive. The trend of becoming transnational
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the Growth and Development of the Nigerian Economy from 1960-2010 By 1 1 Aminu Umaru and 2Anono Abdulrahman Zubairu Department of Economics & 2Department of Management Technology School of Management and Information Technology Modibbo Adama University of Technology‚ Yola‚ Adamawa State‚ Nigeria. Abstract This paper investigates the contribution of agricultural sector and petroleum sector to the economic growth and development (GDP) of the Nigerian economy between 1960 and 2010 through the application
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A Paper Presentation Derivative and its impact on capital market Derivative and its impact on capital market On Prepared by Ms. Vidhi Joshi Asst. Professor MBA Department T.N.Rao college of Management Studies Rajkot 1. Introduction to Derivative: The rapidity with which Indian capital market‚ corporate finance‚ banking and investment finance has witnessed a major transformation and structural change from the past one decade and this change in recent years has given birth to a new
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A market economy is an economic system where the factors of production‚ are privately owned‚ consumers and producers are motivated by self interest‚ the level of competition in the markets is very high and resources are allocated through the price mechanism. The definition is supported by Lipsey (1992) who also state that decisions about resources allocation are made without any central direction but instead as a result of innumerable independent decision taken by individual producers & consumers
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Important impact of FDI on Australian economy Jes Hongs Abstract Australia has traditionally relied on inward FDI to meet the shortfall between domestic saving and the level of domestic investment. Inward FDI also continues to play a significant role in making Australian industry internationally competitive‚ and thereby contributing to export growth. Over the past 15 years Australian outward FDI stocks have grown more strongly than inward FDI stocks. Outward FDI enables Australian firms
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although there is still discrimination against governments that fall into many classifications. Despite the promises of this document signed in 1776‚ slavery was still being pursued in different areas until it‚ finally leads to the civil war in the 1860’s. Individuals were not granted their unalienable rights because of the constant discrimination they receive whether they are discriminated by race‚ gender‚ or their beliefs. With many cases and trials
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has been a heated discussion over whether China is closer to command or market economy. Before rendering my opinion‚ it is more important to take a glance at the arguments on both sides and I believe China is closer to being a modified economy country. People‚ who advocate that China is one of the command economy countries in the world‚ have their sound reasoning. First of all‚ the most important thing in command economy is that government makes decisions. Government decides what to produce
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MONETARY POLICY OF BANGLADESH AND ITS IMPACT ON ECONOMY Monetary policy is concerned with the measures taken to control the supply of money‚ the cost and availability of credit. Further‚ it also deals with the distribution of credit between the uses and the users‚ the lending and borrowing rates of the banks. In a developing country like ours the monetary policy has been effectively used as a tool for overcoming depression and inflation. As Prof R. Prebisch writes “The time has come to formulate
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The Haitian Revolution and Its Effects on its Caribbean Neighbors Research Question What is the Haitian Revolution and how did it effect its Caribbean Neighbors? Thesis Statement The Haitian Revolution began as a mere fight for a nation’s independence but turned into a symbol of significance and hope to the surrounding colonies of the Caribbean. The Haitian Revolution It is most significant as being the first successful slave rebellion. It is characterized and highly noted for lasting
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