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The article surveys the literature pertaining to the Basel II and concludes with the concerns germane to India in this regard
Persistent link: https://www.econbiz.de/10005015597
The new Basel accord is slated to come into effect in India around 2007 raising the question of how the revised standards will influence bank behaviour. Using a simple theoretical model, it is shown that the revised accord will result in asymmetric differences in the efficacy of monetary policy...
Persistent link: https://www.econbiz.de/10005015608
The emergence of the BRICS (Brazil, Russia, India, China and South Africa) grouping and the rapid advancement of their stock market may results in the acceleration of the appreciation of their respective currencies and ultimately the loss of their trade competitiveness. Conversely, exchange rate...
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The Minister of Finance, Mr. Arun Jaitley, presented the Union Budget 2014-15 to Parliament on July 10, 2014. In this …
Persistent link: https://www.econbiz.de/10010945348
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This book considers the three geographical regions that present the greatest intellectual property rights problems to U.S. industries--China, Latin America, and India.
Persistent link: https://www.econbiz.de/10011265312
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In recent years, a record number of U.S. households have declared bankruptcy. This article explores the possible causes and potential effects of the rising rate of insolvent households.
Persistent link: https://www.econbiz.de/10005367968
Aggressive deregulation of the household debt market in the early 1980s triggered innovations that greatly reduced the required home equity of U.S. households, allowing them to cash-out a large part of accumulated equity. In 1982, home equity equaled 71 percent of GDP; so this generated a...
Persistent link: https://www.econbiz.de/10005372760