CRITICALLY EVALUATE THE MAIN CATALYSTS TO GROWTH IN CHINA AND INDIA. India with about 1.2 million populations and china with about 1.3 billon population are two big demographic and emerging countries in the world .Over a past few decade India’s combination into the economic has been accompanied by remarkable economic growth (World Bank 2011¬).India is having the 3th position on the economy in purchasing power parity (PPP) terms (The Economic Times‚ 2012). India’s total GDP (gross Domestic Product)
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INDIA A GLOBAL ECONOMIC SUPER POWER New parts of the world that were not long ago considered undeveloped‚ backwater countries‚ are now taking center stage in the global economy. Much has been publicized about the ascendance of China’s economy‚ as it has become a major venue for the manufacturing of products sought after by worldwide consumers eager for cheaper goods. However‚ China’s Asian neighbor‚ India‚ also has a vigorously growing economy. India’s economy is partly being fueled by companies
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How effective is GDP per capita as a measure of economic well-being? Gross Domestic Product (GDP) is one of the primary measures used to gauge the state of a nation’s economy. It is a representation of all the goods and services produced by that nation over a specific time period. Normally GDP is compared on a quarterly or annual basis. For example if a nations GDP has risen by 2% in a period of time‚ then it is thought that that nation’s economy has grown by 2%. However‚ a recession is also
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1.What is the relationship between the exchange rates and relative inflation levels of the two countries? How will this relationship affect Blades’ Thai revenue and costs given that the baht is freely floating? What is the net effect of this relationship on Blades? ANSWER: The relationship between exchange rates and relative inflation rates can be explained by the purchasing power parity (PPP) theory. When one country’s inflation rate is high as compared to another country‚ then the demand for country’s
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complicated. Later‚ the nut became more important then the fruit because of higher popularity of the Indian population. By the introduction of the cashew nut processing industry in India the nut became more popular in India. Almost 50% of the Indian cashew production was for own use‚ the rest of was for exportation. Anyway India was the strongest export country in cashew nuts world wide until mid of the seventies. This world leadership in producing cashew nuts is the consequence of being the world largest
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Industry Economics is explained as the social science that studies the production‚ distribution and consumption of goods and services. As a guideline for economics‚ the used of economic indicators are used as a means of predicting or making a forecast about the economy and the different factors that affect those forecast. The purpose of this paper is to identify how the certain economic indicators affect the industry domestically and internationally. The economic indicators to be discussed
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30 September 2010 The relation of consumption and investment in China The Financial Times carries a comment by the author of this blog on a column by Martin Wolf‚ its chief economics commentator‚ on the development of consumption in China. Martin Wolf has a justified reputation as probably the world’s most influential economics columnist. However‚ in this case‚ his argument confuses the issue of the low percentage of consumption in China’s GDP with the rate of growth of China’s consumption and
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Analysis of Macroeconomic Indicators Of China Analysis: Macroeconomic Indicators along with values is provided in the below table Macro Economic Indicators | Value | GDP Growth Rate | 9.1% | IIP Growth Rate | 14% | Agricultural Growth Rate | 4.3% | Fiscal Deficit | 800 billion yuan | Interest Rates | 6.56% | Exports | 180.2 billion USD | Imports | 148.5 billion USD | Current Account Deficit | 59.8 billion USD | Inflation | 7.65% | Foreign Exchange Reserves | 3.24 trillion USD | GDP Growth
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Human Development Index (HDI) The first Human Development Report introduced a new way of measuring development by combining indicators of life expectancy‚ educational attainment and income into a composite human development index‚ the HDI. The breakthrough for the HDI was the creation of a single statistic which was to serve as a frame of reference for both social and economic development. The HDI sets a minimum and a maximum for each dimension‚ called goalposts‚ and then shows where each country
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INDIA CHINA COMPARISON ❖ Infrastructure ❖ National Inequality and regional disparity Table of Contents |Topic |Compiled by |Roll No | | | | | |Infrastructure
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