15 3.1.Factors Leading to India’s Success in Services 17 3.1.1.Passive Role of Government 17 3.1.2.English 18 3.1.3.Education 18 3.1.4.Entrepreneurship 19 3.2.Lessons for China from Indian Services Success Story 20 4.Shortcoming of Indian Economy compared to China 20 4.1.Problems of skipping the Industrial revolution 21 4.2.GR-2-SER (Green Revolution – II to Services) 24 4.2.1.Advantages 25 4.2.2.Disadvantages 25 4.2.3.Green Revolution – 2 26 4.3.GR-2-MAN-2-SER (Green revolution to manufacturing
Premium Industry Economy Economics
aggregate analysis‚ this paper examines the core contentions of the “varieties of capitalism” perspective on comparative capitalism. We construct a coordination index to assess whether the institutional features of liberal and coordinated market economies conform to the predictions of the theory. We test the contention that institutional complementarities occur across sub-spheres of the macroeconomy by
Premium Stock market Economics Capitalism
A Mixed Economy: The Role of the Market - Printer Friendly Page 1 of 2 You are here: About > Money > Economics A Mixed Economy: The Role of the Market From U.S. Department of State A Mixed Economy: The Role of the Market The United States is said to have a mixed economy because privately owned businesses and government both play important roles. Indeed‚ some of the most enduring debates of American economic history focus on the relative roles of the public and private sectors. The
Premium Economics Capitalism Market economy
Command Market Introduction Globally‚ there are at least 4 well known economy systems that are used by countries around the world. They include the traditional market‚ free market‚ command market and mixed market. Certainly‚ the way government policies work and their influence on the economic growth of their country vary depending on which economic system is used. It is also important to note that these different systems of economy management have their own distinct advantages and disadvantages as well
Free Mixed economy Planned economy Economic system
Economy of Switzerland Switzerland as the world knows it today is a country with strong and stable economy. With countries ups and downs‚ the noticeable economic revival begun in 2002‚ when political and economic actors have implemented a “game plan” which included certain measurements. With certain handling of situation in economy‚ Switzerland could feel a perceptible growth year after year. This essay discuses Switzerland’s achievements in development of country’s economy‚ as well as examines
Premium Switzerland Global Competitiveness Report World Economic Forum
Mixed Market Economy Mixed market economy makes china better Economic system means the way in which a nation allocates its resources among its citizens. The economic structure of a nation is very important factor in the process of the country. Mixed market economy is more important and suitable than command economy or market economy in China and it can offer more opportunities for labours to find a job and improve the quality of citizens’ life. Before “Reform and Opening up”
Premium Economic system People's Republic of China Economy
GENERAL DISTRIBUTION OCDE/GD(96)102 THE KNOWLEDGE-BASED ECONOMY ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Paris 1996 Copyright OECD‚ 1996 Applications for permission to reproduce or translate all or part of this material should be made to: Head of Publications Service‚ OECD‚ 2 rue André Pascal‚ 75775 Paris‚ Cedex 16‚ France. 2 FOREWORD The OECD economies are increasingly based on knowledge and information. Knowledge is now recognised as the driver of productivity
Premium Knowledge management Economics Economy
ECONOMY OF NIGERIA Nigeria is a middle income‚ mixed economy and emerging market‚ with expanding financial‚ service‚ communications‚ and entertainment sectors. It is ranked 30th in the world in terms of GDP (PPP) as of 2011‚ and its emergent‚ though currently underperforming manufacturing sector is the third-largest on the continent‚ producing a large proportion of goods and services for the West African region. Previously hindered by years of mismanagement‚ economic reforms of the past decade
Premium Gross domestic product Nigeria Peak oil
Education and the Knowledge-Based Economy in Europe EDUCATIONAL FUTURES RETHINKING THEORY AND PRACTICE Volume 24 Series Editors Michael A. Peters University of Illinois at Urbana-Champaign‚ USA J. Freeman-Moir University of Canterbury‚ Christchurch‚ New Zealand Editorial Board Michael Apple‚ University of Wisconsin-Madison‚ USA Miriam David‚ Department of Education‚ Keele University‚ UK Cushla Kapitzke‚ The University of Queensland‚ Elizabeth Kelly‚ DePaul University‚ USA Simon
Premium European Union Discourse analysis Knowledge management
CHAPTER 1 INDIA’S TRANSITION FROM A CLOSED TO AN OPEN ECONOMY A moment comes‚ which comes but rarely in history‚ when we step out from the old to the new‚ when an age ends‚ and when the soul of a nation‚ long suppressed‚ finds utterance. 1.1 These are the words of Pandit Jawaharlal Nehru‚ the first Prime Minister of India‚ in his speech marking the Independence of India on 14 August 1947. These words still hold true today as India moves onto the global scene and is making its presence felt as
Premium India Indian National Congress Macroeconomics