The 21st century belongs to the Asian region as the world's economic and strategic center of gravity shifts to this region. The shifting global economic power towards the emerging Asian markets definitely has its bearing on strategic contours. Despite the recent economic slowdown, the rise of...

The decline in India's exports has made our current account deficit position precarious due to the slowdown in the economy of conventional export market like North American Free Trade Agreement (NAFTA) nations and European Union (EU). This paper attempts to explore the emerging economy and...

The mushrooming growth in regional trading arrangements from 50 in the 1990s to 585 till June 15, 2014, with 379 in force, constituting nearly 60% of the world trade in the era of multilateralism, has triggered interest in the rationale behind these arrangements. This paper makes an attempt to...

The United Arab Emirates (U.A.E.), which was also known as the Trucial Coast is about 325 miles coastal area from the Northern tip of Ra's Musandam to Khor al Udayd at the eastern base of the Qatar Peninsula. The area began to be referred as the Trucial Coast when the Sheikhs of this region were...

The World Natural Gas market is assuming growing importance in the coming years. Looking at past trends, we can see that world wide natural gas use has grown remarkably over the last three decades, registering an annual average growth rate of 2.7%. Before the oil price boom of 1973, not much...

This paper aims at developing insight about globalization and issues of subsidies with special emphasis on Egyptian market. In Egypt, policies implemented under different regimes led to economic decline and marginalized the poor, but in Egypt, private organizations are providing services -...

Indian agricultural has been hit hard during post WTO period (1995 - 2003). The share of agro goods in India's global export has declined during this period. During post WTO period, agricultural subsidies of developed countries have been rather increased. Therefore it is very difficult for India...

Economic growth if not accompanied by economic development will not lead to the development of economy. As economic development is more dynamic concept as compared to economic growth. Economic growth which means just increase in GDP where as economic development is a more comprehensive terms...

The kingdom of Saudi Arabia is a monarchy characterized by the exceptionally important role of the royal family, "the House of Saud". Members of the dynasty fill most key positions and maintain a near monopoly over political activity in the country. To make matters worse, the royal family has...

In mainstream economics, the word “inflation” refers to a general rise in prices measured against a standard level of purchasing power. Previously the term was used to refer to an increase in the money supply, which is now referred to as expansionary monetary policy or monetary inflation....