is Fiscal Policy? One of the features that helps identify the economic direction of a country is fiscal policy. The government utilizes fiscal policy to control the economy through adjustment in spending levels and revenue. According to the theories of John Maynard Keynes‚ the British economist in regard fiscal policy‚ the decreasing or increasing expenditures (spending) and revenue (taxes) levels influences employment‚ inflation and the flow of money into the economic system. Fiscal policy is very
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Monetary Policy Monetary policy is a macroeconomic policy implemented by the RBA to attain a set of objectives through the basis of a stable and maintained inflation band of 2-3%. Indirectly by the implementation of monetary policy‚ supply of money is affected through changes in the interest rate; cost of living is methodically altered to suit chosen economic conditions and economic growth is steadied and sometimes purposely stagnated. There are two different directions for monetary policy
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supply-the Treasury receives money in payment for the bonds‚ then spends the money on roads or aircraft and returns it to circulation. If the Treasury had simply buried the money it received for bonds in the ground‚ then banks would have lost reserves and the money supply would have contracted‚ but they are no more likely to do that than you are when you take out a loan. c) Assuming no leakage of reserves out of the banking system‚ what is the effect of the central bank purchase of bonds on the money
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Case study of automotive industries in Thailand Contribution of MNC’s in automotive industry: Most of the developing countries consider that the automotive industry will move the country toward an intensive industrialisation by creating a large set of related businesses. Thailand aims to be regarded as the Detroit of Asia. The country has engaged in the last few decades in the development of the automotive industry‚ with a special focus on domestic auto-assembly. Thailand is the world’s
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Monetary policy in Pakistan | By Dr. M. Hanif Akhtar‚ Department of Commerce‚ B. Z. University‚ Multan Aug 28 - Sep 03‚ 2000Monetary policy in Pakistan has been used in co-ordination with the fiscal policy to achieve both the objectives of macro-economic stability and higher economic growth. The government supervises monetary situation of economy through the State Bank of Pakistan (SBP). This article attempts to present an overview
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AUTOMOTIVE INDUSTRY IN TURKEY The automotive industry in Turkey plays an important role in the manufacturing sector of the Turkish economy. The companies operating in the Turkish automotive sector are mainly located in the Marmara Region. Last year‚ Turkey produced up to 1.2 million motor vehicles annually‚ ranking as the 6th largest producer in Europe and the 16-17th largest producer in the World.[citation needed] With a cluster of car-makers and parts suppliers‚ the Turkish automotive sector
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The Indian Automotive Industry Evolving Dynamics KPMG IN INDIA Foreword The automotive industry is one of the focus industries for KPMG globally‚ given its importance both in the mature economies of countries such as the US and Germany‚ and in the emerging economies of China and India. The Indian automobile industry has emerged stronger from the recent global downturn‚ and sales across all segments have seen record breaking numbers in the recent past. While the Indian industry has much to
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Contents: Introduction_____________________________________pages 1. The role of Japan in the world Automotive industries_________________________pages 1.2 Toyota Motors Corporation history 1.3 The Sstrategies‚ Cculture and Pphilosophy of Toyota Motor Corporation 1.4 Toyota SWOT Aanalysis 2. Toyota in USA Mmarkets 2.1 USA and Japan in Hofstede Theory 2.2 Business Aactivity of Toyota in USA 2.3 Toyota feels exchange rate Exchange Rate’s Impact on the Sales: Regression Model Conclusion
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Background: Brazil acted fast to inject short-term liquidity into its financial system and medium-term fiscal stimulus to the broad economy following the collapse in confidence in the global financial system in late 2008. The government of President Luiz Inácio Lula has used a combination of personal tax breaks designed to support spending on consumer goods and automobiles‚ business tax breaks on construction materials‚ government spending hikes and support for residential house purchases. However
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MONETARY POLICY Monetary policy is the process by which the monetary authority of a country controls the supply of money‚ often targeting a rate of interest for the purpose of promoting economic growth and stability The official goals usually include relatively stable prices and low unemployment. Monetary theory provides insight into how to craft optimal monetary policy. Monetary policy is referred to as either being expansionary‚ or a contractionary‚ where an expansionary policy increases the total
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