EU blast Argentina ’s trade restrictions at WTO. 30 March 2012. 29 April 2012 <http://www.reuters.com/article/2012/03/30/us-argentina-wto-idUSBRE82T18Y20120330>. Palmer‚ Doug. No nationalization trend in South America - IMF. 3 May 2012. 4 May 2012 <http://uk.reuters.com/article/2012/05/03/imf-nationalizations-idUKL1E8G39C520120503>. Romero‚ Simon. "Move on Oil Comapny Draws Praise in Argentina‚ Where Growth Continues." The New York Times 27 April 2012: A7. Solar Daily. Latin America set
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INTRODUCTION The Banking industry in India has made considerable progress especially during the last 3 decades‚ to emerge as one of the accredited agencies of rural development.The orientation towards rural economy gained momentum only after nationalization of major commercial Banks. For various reasons‚ they took roots mainly in the urban and metropolitan centers and bulk of loans and advances was directed to large and medium scale industries. No serious attempt was made by banks to finance agricultural
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inclusion‚ financial education as well as financial literacy. Pre nitiatives by RBI * Initially in 1951 RBI was active in pursuing the cooperative movement through variety of initiatives * Formation of Agricultural Refinance Corporation(1963)‚ nationalization of major commercial Banks(1969)‚ Regional Rural Bank(1975)‚ and formation of National Bank for Agriculture and Rural Development(NABARD) in 1982 * In 1990 and 2000‚ the concept of Microcredit along with MFI- and SHG Bank linkage models has
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Andrew Heywood in his book‚ Political Ideologies: An Introduction‚ explains how nationalism has changed its shape and form consistently throughout history. It came into being as a social doctrine or movement in the 18th and 19th centuries as part of revolutions to rid empires of tyrannical rulers and to impose the right of self-determination. These nationalist movements‚ usually undertaken by and for people‚ led to the formation of nation states and gave way to the doctrine of popular self-government
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GROWTH OF INSURANCE INDUSTRY – POST LIBERALIZATION INTRODUCTION : The journey of insurance liberalization process in India is now several years old. The first major milestone in this journey has been the passing of Insurance Regulatory and Development Authority Act‚ 1999. This along with amendments to the Insurance Act 1983‚ LIC and GIC Acts paves the way for the entry of private players and possibly the privatization of the hitherto public monopolies LIC and GIC. Opening up of insurance to
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Network Neutrality “We are all now connected by the Internet‚ like neurons in a giant brain.” –Stephen Hawking. This quote by Stephen Hawking is true now but some claim the internet may be in danger. A new policy the United States is trying to adopt is this set of standards called “Net Neutrality”. These standards would push internet providers to keep the internet neutral‚ and not allow companies to pay providers to speed up their connection and make it a priority over others. People have recently
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reasons for the poor profitability of banks. Similarly‚ the Cash Reserve Ratio- (CRR) was as high as 15 percent. Taken together‚ banks needed to maintain 53.5 percent of their resources idle with the RBI. 2. Directed Credit Programme : Since nationalization the government has encouraged the lending to agriculture and small-scale industries at a confessional rate of interest. It is known as the directed credit programme. The committee opined that these sectors have matured and thus do not need such
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com/careers/nam/citibank/ctsg.htm. Barron’s (2009) Retrieved March 1‚ 2009 from http://blogs.barrons.com/stockstowatchtoday/2009/02/24/ft-citi-close-to-govt-deal-debating-nationalization/ HomeHound (2009) Retrieved March 1‚ 2009 from http://blogs.barrons.com/stockstowatchtoday/2009/02/24/ft-citi-close-to-govt-deal-debating-nationalization/ TaxRascal (2009). How much of Citi did we already own. Retrieved March 1‚ 2009 from www.taxrascal.com Webwire (2009). Citibank 2009 Investment Outlook. Volatility
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Advantages: Theoretically‚ there are many benefits that can be achieved through a communist society. Communist ideology supports widespread universal social welfare. Improvements in public health and education‚ provision of child care‚ provision of state-directed social services‚ and provision of social benefits will‚ theoretically‚ help to raise labor productivity and advance a society in its development. Communist ideology advocates universal education with a focus on developing the proletariat
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capita recipients of foreign aid throughout the 1970s and much of the 1980s. Nationalization and Industrialization At independence‚ Zambia’s economy was mainly dependent on copper mining that accounted for 90 per cent of its export earnings (Republic of Zambia 1996). The leadership was committed to the promotion of economic development and restructuring the economy. The government‚ therefore‚ undertook rapid nationalization of the economy shortly after independence‚ paving the way for state-led development
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