INDIAN ECONOMY India is today one of the six fastest growing economies of the world. The country ranked fourth in terms of Purchasing Power Parity (PPP) in 2001. The business and regulatory environment is evolving and moving towards constant -improvement. A highly talented, skilled and English-speaking human resource base forms its backbone. The Indian economy has transformed into a vibrant, rapidly growing consumer market, comprising over 300 million strong middle class with increasing purchasing
major drivers of India’s current growth momentum (which has averaged 8 percent in the last 3 years) and raised widespread expectations (at least, in India) that
Introduction: Namibia is small flourishing country located in the south west of Africa. Its surrounding neighbors are Angola, Botswana, South Africa, and the South Atlantic Sea. The country is very young, and was recently liberated from foreign and South African rule, and was formerly known as South West Africa. Compared to all of its neighbors Namibia has an extremely low unemployment rate of 5.3%, and a GDP per capita of 7,500 USD. Even though the country appears to have a high per capita GDP
population growth is projected to be 600,000 per annum with a population density of about 4,193 persons per sq. km. The average density of persons living per square kilometer in the built-up areas of metropolitan Lagos is about 20,000 persons and the current demographic trend analysis shows 8% population growth rate for Lagos state which in turn represent 36.8% of entire Nigerian urban population that was estimated by the World Bank report of 1996 to be 49.8 million people. Therefore with
not have to use there revenue generated by exports to pay off the national debt. With the current account balance fluctuating at between 5% and 10% of GDP it also gives the Namibia a cushion that is exports fall one year they do have money in their current account to cover any budget deficit. There has been a budget deficit for the last two years (2005 and 2006) this is the main factor in the current account balance dropping to below 10% of GDP. Namibia’s debt in relation to its GDP (External
“Poverty and hunger in India: A socio-economic analysis of policies of the government(s)” Meril Mathew Joy 2009/BALLB/028 IIIrd Semester ____________________________________________________________ INTRODUCTION OF POVERTY AND HUNGER “Poverty”has reduced but still remains a major concern for Nation. Poverty is not only the scarcity of resources, but is set of priorities imposed upon the rest of the world by the rich. “Hunger” and “Poverty” are powerful but familiar terms. Everyone knows what they
at its subsequent implementation beginning the financial year 2006-07 mark a sharp departure from the past tradition, as the latter are designed around the basic concept of a rights based approach to development (Datta et al, 2009). Prior to this, India was following the needs based approach. So there was a paradigm shift in the approach to development with the launch of MGNREGA. ` MGNREGA is a right-based framework and it provides a legal guarantee to work. Any adult member of a household willing
First, the large number of unskilled labors does not reflect the labor competitiveness if we take the productivity of labor into account. It might be more expensive for firms to hire low productivity workers. Second, the grouping problems might not reflect the real situation. Developing countries do not only trade with developed countries but also with the respective countries of the
| |Monetary Policy Project | |India’s Monetary Policy during recession, Currency Management by Reserve Bank of India and the summary of Monetary policy frameworks of | |various central banks. |
Labour Economics Underemployment TABLE OF CONTENTS SECTION I 1. Introduction 2. Definition of Underemployment 3. Conceptual framework 4. Underemployment 5. Underemployment-features and reasons 6. Underemployment equilibrium SECTTION II 1. Problem statement and Objectives 2. Methodology 3. Analysis 4. Observations SECTION III 1. Conclusion 2. Detection of invisible underemployment 3. Solutions 4. Measure to combat underemployment Section I 1. Introduction