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Despite creating a record of number of jobs in 2007 and 2008 (237,000 jobs in 2007 and 202,400 jobs in the first three quarters of 2008) and averaging a growth rate of nearly 10 percent from 2004 to 2007, Singapore was the first East Asian country to fall into a recession from the current global...
Persistent link: https://www.econbiz.de/10009363684
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...
Persistent link: https://www.econbiz.de/10011278027
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...
Persistent link: https://www.econbiz.de/10011278122
with changes in manufacturing composition in India, controlling for other variables. However, there is no strong indication … of the trade-GDP ratio of India, whereas India’s trade with the EU and Japan has had either no effect or very … ongoing global crisis. Even though India continues to enjoy relatively large domestic demand, the compositional change …
Persistent link: https://www.econbiz.de/10009653165
with changes in manufacturing composition in India, controlling for other variables. However, there is no strong indication … of the trade-GDP ratio of India, whereas India’s trade with the EU and Japan has had either no effect or very … ongoing global crisis. Even though India continues to enjoy relatively large domestic demand, the compositional change …
Persistent link: https://www.econbiz.de/10009653183
industrial revolution towards the end of the eighteenth century, Europe and North America each in turn came to dominate the world … is re-emerging as the world’s biggest element in the world economy. In 1980, Asia produced just under 20 per cent of … almost half of the world output and more than half world trade, with China accounting for half of that. In 2010, Chinaâ …
Persistent link: https://www.econbiz.de/10011277990
of rebalancing has special significance for Asia. While India, like other Asian economies, suffered only an indirect … growth does not have the same connotations for India as it does for other East Asian economies. However, this paper argues … that, given its large domestic market, India could help other East Asian economies in their efforts to achieve greater …
Persistent link: https://www.econbiz.de/10009653173
of rebalancing has special significance for Asia. While India, like other Asian economies, suffered only an indirect … growth does not have the same connotations for India as it does for other East Asian economies. However, this paper argues … that, given its large domestic market, India could help other East Asian economies in their efforts to achieve greater …
Persistent link: https://www.econbiz.de/10009653189
of rebalancing has special significance for Asia. While India, like other Asian economies, suffered only an indirect … growth does not have the same connotations for India as it does for other East Asian economies. However, this paper argues … that, given its large domestic market, India could help other East Asian economies in their efforts to achieve greater …
Persistent link: https://www.econbiz.de/10009653207
Financial safety nets in Asia have come a long way since the Asian Financial Crisis (AFC) of 1997–98. Not wanting to rely solely on the International Monetary Fund (IMF) again, the Chiang Mai Initiative (CMI) was created in 2000. When the CMI also proved inadequate following the...
Persistent link: https://www.econbiz.de/10011278018