No. 3. May 2013 Issue. Pp. 71 – 88 Performance Appraisal of Indian Public Sector Banks Parvesh Kumar Aspal * and Naresh Malhotra** The strength of economy of any country basically hinges on the strength and efficiency of financial system‚ which‚ in turn‚ depends upon a sound banking system. The regulators have recommended bank’s supervision through CAMEL rating model to assess the performance of banks‚ which is better than the earlier systems. The prime objective of CAMEL model of rating
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South Africa’s Economic Role in Africa In reference to South Africa’s business ventures in Africa‚ Matu Wamae‚ Kenyan legislator and businessman says‚ “If we continue doing this we’ll end up owning nothing in Kenya. They are looking for control and that’s where the conflict is coming in. They bulldoze their way around. It seems like they still have the old attitudes of the old South Africa.” Do you agree with this statement? If you do‚ outline a clear set of arguments‚ (backed by concrete examples)
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ABSTRACT This research paper presents empirically analysis of the impact of GDP growth rate and employment rate on inflation. For this purpose data from 1995 to 2008 has been collected and analyzed through OLS technique. The result of the model shows that GDP growth rate and employment rate adequately affect inflation. With the increase in GDP and employment‚ inflation decreases. INTRODUCTION Inflation is a burning issue in Pakistan. It is generally felt that for several years Pakistan has
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MINISTRY OF EDUCATION AND SCIENCE OF THE REPUBLIC OF KAZAKHSTAN Financial intermediaries Done by Mirmanova S.‚ 303 gr. Almaty 2014 A financial intermediary is a financial institution that connects surplus and deficit agents. The classic example of a financial intermediary is a bank that consolidates deposits and uses the funds to transform them into loans. Through the process of financial intermediation‚ certain assets or liabilities are transformed into
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the 1920’s and 1930’s and how it relates to current prohibitionist practices around the present day “War on Drugs”. There are significant parallels between the “Noble Experiment” of alcohol prohibition and modern day drug prohibition. Just as alcohol prohibition empowered organized crime and gave rise to a violent culture of mafia families and gangsters‚ today drug prohibition empowers ruthless international criminal cartels and “banksters”. Alcohol prohibition resulted in extensive economic decline
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The Role of Agriculture in the Economic Development of Bangladesh Muhammed Nazmul Islam Economic Portrait of Bangladesh After December 1971 Bangladesh was expected to be a prosperous economy by eradication of poverty & utilization of political freedom to avail economic liberation. With great ambitions in eyes & high responsibilities on the shoulder‚ Bangladesh reached to the 20th century with some achievements & lots of disappointments. In past 20 years (1990 to 2009) the Gross Domestic Product
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The 1920’s proved to be an exciting time for women in America‚ everything indicated a new dawn was on the horizon. The recent passage of the 19th Amendment had put an end to a 40 year battle to give women the right to vote. In 1920‚ the suffrage cause prevailed‚ and a new era for women had begun. This era would empower women. Their role in the home and the workforce was about to change. Up to this point‚ women had been content as housewives‚ mothers and caregivers. The new dawn brought a
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BANK The word “bank” is derived from the word “Bancus or Banque” that is bench. Jews‚ who were considered to be the early bankers‚ transacted their business on benches in the market. As early as 2000 BC Babylonians had developed a system of banks. In ancient Greece and Rome the practice of granting credit was widely prevalent/traces of credit by compensation and by transfer orders are found is Assyria‚ Phoenicia and Egypt before the system attained full development in Greece and Rome. The books
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www.ccsenet.org/ijef International Journal of Economics and Finance Vol. 4‚ No. 1; January 2012 Adopting Strategic Management Approach in the Capital Market Development: The Nigerian Case Augustine‚ UJUNWA‚ Ph.D (Corresponding author) Department of Banking and Finance‚ University of Nigeria‚ Enugu Campus Tel: 234-803-501-0116 E-mail: austinesilver@yahoo.com Nwanneka Judith‚ MODEBE Department of Banking and Finance‚ University of Nigeria‚ Enugu Campus Tel: 234-703-066-2470 Received: July 25‚ 2011
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has achieved great economic growth within the last half century despite having been devastated by the korean war and having a GDP per capita in 1960 comparable to the current Republic of Congo[1]. Todays South Korea has a total GDP similar to that of Italy and Canada[1] but how did it get there? The following essay will examine how South Korea achieved this growth and will focus on how foreign aid‚ education‚ import substitution‚ exports and the chaebol helped South Korea’s economic development. Foreign
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