almost six years‚ the world economy has entered a period of uncertainty due to a financial turmoil triggered by the subprime mortgage crisis in the United States of America (USA). During 2002 to 2007‚ the world economic growth averaged 4.5 percent per annum compared to 3 percent in the 1990s. The sudden gloom in world economic prospects has come as a surprise in view of the persistent economic growth and stability. The crisis initially affected advanced economies and then its contagion spread
Premium Economic growth Poverty
The Monetary‚ Fiscal and External Trade Policy in face of the Global Slowdown: The Indian Context The global economic outlook deteriorated sharply over the last quarter. In a sign of the ferocity of the down turn‚ the IMF made a marked downward revision of its estimate for global growth in 2009 in purchasing power parity terms – from its forecast of 3.0 per cent made in October 2008 to 0.5 per cent in January 2009. In market exchange rate terms‚ the downturn is sharper – global GDP is projected
Premium Monetary policy Central bank Foreign exchange market
Assignment on AGRICULTURE OF BANGLADESH Submitted to: Asiquer Rahman Submitted by: Yakub Iqbal 2449 Rasel Mahmud 2464 Mahsinozzaman Shuva 2450 Mustafizur Rahman 2451 Nabila Munmun 2447 Shammi Akter 2418 [pic] Submission Date: June 3‚ 2010 INTRODUCTION: Agriculture remains the most important sector of Bangladeshi economy‚ contributing 19.6 percent to the national
Premium Agriculture Bangladesh Rice
Impact of Demographic Trends to Indian Economy: An Excerpt INTRODUCTION India has made incredible progress with its economy ever since its independence‚ whereby after the economic tsunami in 2009‚ it has been frequently quoted as a likely contender of economic superpower even to the extent of overtaking China. This paper serves to understand the importance of demographic trends of India in shaping Indian economy‚ as well as the part that the unique caste system and religion have to play in the
Premium Demography India Population
contributor to Kenya’s economy. There are 55 000 people employed in the wildlife industry alone. And the wildlife market generates half of the country’s foreign exchange earnings. Therefore‚ the wildlife market is the biggest contributor to Kenya’s foreign economy. Ecotourism has had both positive and negative impacts on the wildlife environment‚ people and economy of Kenya. The economy‚ the livelihood of the people‚ and the maintenance of the ecosystem have had positive impacts on Kenya. Kenya’s foreign
Free Indigenous peoples Kenya Maasai
ASA Bangladesh Research Brief History of ASA ASA stands for Association for Social Advancement‚ which is a non-governmental organization aiming at helping poor people to get out of poverty. Bangladesh earned its independence in 1971‚ but because of the war‚ the whole country needed to be reconstructed. The unstable and bureaucratic political system slowed down the speed of economic development. In the meantime‚ some small non-governmental organizations stepped into Bangladesh to help the local
Premium Poverty Debt Loan
How Inflation expectations influence monetary policy effectiveness and should inflation targeting (IT) be adopted in China? Introduction After the 2008 financial crisis‚ to stimulate the economy and stabilize the prices‚ the Chinese central bank implemented a straightforward monetary policy. This policy consists of increasing money supply and lowering interest rates‚ which presented a risk of inflation. According to National Bureau of Statistic (NBS) data‚ there has been a 2.5% increase in Consumer
Premium Inflation Monetary policy Central bank
Impact of Reduced Protection on the Global Economy Protection is essentially defined as any action by national governments that will give an artificial competitive advantage to domestic producers over foreign producers. The opposite of protection is free trade‚ which occurs when there are no limitations to the free movement of goods and services between different economies. The main reasons for nations to reduce protection is to increase efficiency and productivity levels‚ but in reducing protection
Premium
Bangladesh has made remarkable progress in macroeconomic management. Acceleration of economic growth‚ gradual decline of budget deficit‚ high rate of export and import growth‚ steady rise of foreign currency reserve at a satisfactory level are some of the major achievements that Bangladesh attained during the past few years until FY2007-2008. Success in achieving these significant milestones is largely attributable to a set of policies and reforms implemented in order to attain macroeconomic stability
Premium Tax Economic growth Gross domestic product
Colonization of Bangladesh Bangladesh‚ a developing country‚ is relatively unknown in the globalized world and is often confused with its dominant neighbor‚ India. The country as we see it now did not exist even 50 years ago. The purpose of this paper is to detail how the region was colonized‚ how Bangladesh came to be and a brief overview of how it is doing now. As most geographers know that there is an intense relationship between Pakistan‚ India and Bangladesh‚ for good reason too. They were
Premium Sociology United States Poverty