Introduction The economic reforms started in 1991 ushered in a new era in Indian Economy. From a protected economy it became an open globalised economy which was supposed to be integrated well to the world economy. Some Macroeconomic Indicators existing at the onset of economic reforms. Indicators Particulars Population BPL 36.8% Per Capita Income growth 3.3% GDP Growth Rate 5% The Planning Commission estimates the population below the poverty line using the expenditure distribution of NSS
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Drivers of Globalization There are two main drivers of Globalization which seem to underlie the trend towards greater globalization. First is the decline in barriers to the free flow of goods‚ services and capital that is occurred since the end of World War II. And the second driver is technological change in particular areas which has dramatic development in recent years as communication‚ information‚ processing‚ and transportation technologies. Declining Trade and Investment Barriers –
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a rapid annual growth rate of 10%. Since 2004‚ it has become the world’s third largest trading nation‚ after US and German. However‚ behind the fast growth of the economy‚ some potential challenges still exist and require effective policies if China want to sustain fast development in the future. By examining the components of China’s GDP‚ it can be found that the economy has been over reliant on investment (42% in 2005) and export (net export account 10% in 2006). This growth model is considered
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Poor Farmers 4.Entry of MNCs IMPACT ON INDUSTRIES Industrialization through import substitution and public sector production with emphasis on heavy industry has been a very important objective of our planning for development. In particular an important distinction was made among industries to be developed exclusively by the public sector‚ those reserved for the private sector‚ and those open to development by either or both sectors. The reforms of 1991 abolished industrial
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Globalization drivers Ultra luxury car industry Luxury car industry There are four different kinds of levels in the luxury car industry. The levels divide the actors of the market into different levels depending on their grade of luxury. We have chosen to focus on the highest level of luxury cars; the ultra luxury cars. The main players of this level are companies such as Ferrari‚ Mercedes-Benz and Porsche‚ but the level also includes the not as big companies as Cadillac‚ Aston Martin and Maserati
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SCMP Designation Program – Module 7 Implementing New Procurement Policies in the Public Sector Case Report Prepared for Jean Loitz Woo-Jin Han 2/14/2015 Implementing New Procurement Policies in the Public Sector Case Report Table of Contents Executive Summary....................................................................................................................................... 2 Issue Identification ..............................................................................
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from when she firsts arrives in Sumatra when she snaps at Captain Tanaka stating that “…there is a Geneva convention laying down the rules of war”. These defiant words in the face of danger portray Adrienne as someone who is willing to stand up for what she believes in. Again heroic qualities are shown by Adrienne in her leadership role in the “women’s vocal orchestra”. By uniting the ladies and providing them with a symbol of hope Adrienne became the hero and the leader that the women needed in
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Macroeconomics ECON224-1201A-16 AIU Online Factors behind Economic Growth in Hong Kong and Singapore There are many similarities between Hong Kong and Singapore. Both countries enjoy high economic growth rates for the past three decades‚ they are known as “East Asian Tigers” because they made a transition from poverty to Newly Industrialized Economies (NIE’s) in a very short period of time. Both Hong Kong and Singapore were British colonies with both legal and administrative systems of their
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EFFECT OF PRICE INSTABILITY ON ECONOMIC GROWTH IN PAKISTAN An Econometric Approach By HASSAN BIN TARIQ Student of MBA (III) Section: B Roll no. 1014142 In the guidance of M.A JALIL Senior lecturer (Research Synopsis) Federal Urdu University of Arts‚ Science & Technology‚ Karachi Campus: Abdul Haq TABLE OF CONTENTS: Page No. ABSTRACT ………………………………………………………. 3 SECTION – 1 >>> INTRODUCTION 4 to 5 1. Background
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The toothpaste industry is a monopolistic competitive market. There are several different brand names available to the consumer all with varying claims. Some toothpaste varieties are designed to give surface whiting to the user. Other varieties focus on fluoride and still others purport to give the user fresher breath. There are even toothpastes available that offer help for sensitive teeth. Whatever the consumer is in need of for their dental health there is bound to be toothpaste that can assist
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