What is RBI’s Monetary Policy? .The Reserve Bank of India will announce its Monetary and Credit Policy for the first half of the financial year 2002-03 on April 29. Even as RBI Governor Bimal Jalan puts the finishing touches to the document‚ have you ever considered what is the significance of the biannual exercise? In a world of policies in the financial sector‚ nothing could get as alien as the Monetary Policy. Terms like M3‚ CRR‚ SLR‚ PLR and OMO would make you think that the typical IT-bug
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quoted without explicit permission provided that full credit‚ including © notice‚ is given to the source. "Impact of RBI ’s Monetary Policy for the Last Two Decades and Medium Term Strategy for Managing Foreign Exchange Reserves." --Macro Economics Kaushik.P Srinagar Colony‚ Off Raj Bhavan Road‚ 24‚ South Mada Street‚ Chennai - 600015‚ India Preamble: The Monetary Policy‚ traditionally announced twice a year‚ regulates the supply of money and the cost and availability of credit in
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Changchun‚ P. R. China E-mail: masma31qrson@yahoo.com Yibing Ding Professor of International Economics‚ School of Economics‚ Jilin University 2699‚ Qian Jin Da Jie‚ Changchun‚ P. R. China E-mail: dingyb@jlu.edu.cn Abstract It is difficult to find an economy in the world that was not affected by the (2008-09) global financial crisis‚ even indirectly. No region has been able to shield itself from the impacts of the crisis‚ and Arab region is no exception. Arab Economies have been affected by the
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Monetary and fiscal policies are the two most widely recognized fiscal tools used by the Government to help influence the nation’s economic activity. Monetary policy is mainly focused on the overall supply of money in circulation and the management of interest rates‚ this policy is usually implemented by the central bank such as the Federal Reserve. On the other hand fiscal policy is when the Government adjust its taxing and spending levels to influence the nation’s economy. The nation’s fiscal
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ASSIGNMENTS Weekly Point Values |ASSIGNMENTS |Due |Points | |Individual (70%) | | | |Fundamentals of Macroeconomics Paper |Week 2 |15 | |Federal
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CHAPTER ONE INTRODUCTION I.0 INTRODUCTION 1.1 BACKGROUND TO STUDY According to Wikipedia encyclopedia‚ Economic growth refers to the increase in the amount of goods produced by a country; this is a measure of the economic performance of the country while government expenditure is refered to as an outflow resources from government to other sectors of the economy‚ government expenditure (or government spending) includes all government consumption
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Fiscal policy is the use of government expenditure and revenue in order to influence the economy and fund public goods and services. Fiscal policy is the main instrument government uses in order to try and create economic growth. However its actual effectiveness at meeting this objective is arguably not that good for a number of reasons which will be discussed in this essay. The main part of fiscal policy in order to increase growth is expansionary fiscal policy. This is where the government is
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Impact of Global Economic Dynamics on Growth of Indian Industry Narendra Jadhav* It is a matter of great pleasure to be invited by the Bombay Chamber of Commerce and Industry to participate in the Seminar on ‘Growth Resurgence: Expectations and Strategies’. The Bombay Chamber‚ being one of the oldest has been on the forefront in promoting the industrial growth of the country through the ages. I am‚ therefore‚ particularly delighted to have the opportunity to share some of my views on globalisation
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Introduction to Economic Growth Economic growth is defined as a positive change in the level of production of goods and services by a country over a certain period of time. With that in mind‚ I must say that economic growth is often desirable for a country as a whole. However‚ one has to acknowledge and able to differentiate between Nominal Economic Growth (NEG) and Real Economic Growth (REG). NEG is derived without considering the effect of inflation whereas REG is calculated based on the effect
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The Theory of Economic Growth: a ‘Classical’ Perspective The Theory of Economic Growth: a ‘Classical’ Perspective Edited by Neri Salvadori University of Pisa‚ Italy Edward Elgar Cheltenham‚ UK • Northampton‚ MA‚ USA Contents Introduction by Neri Salvadori 1. Theories of economic growth: old and new Heinz D. Kurz and Neri Salvadori The structure of growth models: a comparative survey Antonio D’Agata and Giuseppe Freni Endogenous growth theory as a lakatosian case study Mario
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