TACKLING CURRENT ACCOUNT DEFICIT IN INDIA INTRODUCTION There has been a sharp increase in the Current Account Deficit in Indian economy. In previous years the current account deficit increased moderate rate but in the fiscal year of 2011-12 there was sharp increase in current account deficit‚ marking a rise to nearly 4.2 per cent of GDP. High current account deficit has always posed serious implications for an economy and therefore for India it is a matter of concern. This research paper deals with
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PESTLE ANALYSIS OF CHINA Introduction Location: It is Northwest of the Tibet. The greater part of the country is mountainous. Its principal ranges are the Tien Shan‚ the Kunlun chain‚ and the Trans-Himalaya. These separating China from South and Central Asia. Mt. Everest (8‚848 m)‚ lies on the China–Nepal border‚ while the world’s second-highest point‚ K2 is situated on China’s border with Pakistan. Capital:- Beijing World’s second-largest country by land area‚and the third- or fourth-largest
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this might take the form of the article about America’s trade deficit with china‚ or maybe it’s an article about how chines demand for oil is driving up prices of gasoline in United States. But if you keep reading in those articles and you get a little bit further into it‚ you’d likely to read a line this says something like‚ "China has been grown up in remarkable fast rate for the last thirty years." It makes stop and wonder; how is it the china is growing so fast? Where is the Fundamental underlying
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Trade Discussion Saudi Arabia is considered to be UAE’s most important neighbor. It is the largest neighbor in terms of economy‚ geographical size and population. KSA’s gross domestic product (GDP) in 2007 was $ 376 billion while UAE’s GDP was $193 billion [1]. Both UAE and KSA are oil-producing countries‚ which implies that the exports and imports commodities are not crude oil. However‚ UAE imports refined petrochemicals and plastics‚ which are considered to be the downstream product of crude
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Zone (SEZ) is a geographical region that has economic and other laws that are more free-market-oriented than a country’s typical or national laws. "Nationwide" laws may be suspended inside a special economic zone. The category SEZ covers‚ including free trade zones (FTZ)‚ export processing Zones (EPZ)‚ free Zones (FZ)‚ industrial parks or industrial estates (IE)‚ free ports‚ free economic zones‚ urban enterprise zones and others. Usually the goal of a structure is to increase foreign direct investment by
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China Healthcare Healthcare in China: ‘Entering uncharted waters’ July 2012 2 Healthcare in China: ‘Entering uncharted waters’ Franck Le Deu‚ Rajesh Parekh‚ Fangning Zhang‚ and Gaobo Zhou China’s healthcare sector continues to develop at an astonishing rate. The nation’s healthcare spending is projected to grow from $357 billion in 2011 to $1 trillion in 2020. Across key categories‚ from pharmaceuticals to medical products and consumer health‚ China remains one of the world’s most
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Trade agreements are a wide ranging tax‚ tariff and trade treaties that often include investment guarantees. The most common trade agreements are of the preferential and free trade types and are concluded in order to reduce (or eliminate) tariffs‚ quotas and other trade restrictions on items traded between the signatories. General Agreements of Trade and Tariff (GATT) A treaty was created following the conclusion of World War II. The General Agreement on Tariffs and Trade (GATT)‚ which was a
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Was Trade the Most Important Factor of the Growth of the British Empire. Do You Agree? At the Cutty Sark I learned that the ship traded tea from China. It was able to carry 10‚335 tea chests. It left from London with mining gear‚ beer‚ coal and household goods. This shows that trade was quite an important factor for the Empire because people were able to use items and foods that they did not get in their own country and it also increases colonisation because some people from the UK would stay
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Department of Economics Compiled by Prof E Ziramba INTERNATIONAL TRADE Only study guide for ECS302-E UNIVERSITY OF SOUTH AFRICA PRETORIA © 2010 University of South Africa All rights reserved Printed and published by the University of South Africa Muckleneuk‚ Pretoria ECS302E/1/2011 – 2013 iii ECS302-E/1/2011-2013 CONTENTS Page 1 1 1.1 1.2 1.3 1.4 1.5 1.6 INTRODUCTION .......................................................................................................
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The 1920’s was a time of great social change with new prosperity‚ new ideas but most importantly a time of heroes. These so called heroes defined the era and were the role models for the people of this time period. They brought on hope and enlightenment after the horrific times that they had gone through with the depression and the war. The role of women changed‚ sports and entertainment stars were celebrated and modern technology changed America’s landscape. The twenties were a time when
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