Globalization Globalization refers to the increasingly global relationships of culture, people and economic activity. Most often, it refers to economics: the global distribution of the production of goods and services, through reduction of barriers to international trade such as tariffs, export fees, and import quotas. Globalization accompanied and allegedly contributed to economic growth in developed and developing countries through […]
Amendment in Banking Laws The Banking Laws (Amendment) Bill, 2011 is an importance milestone in the banking industry and it is expected to reap long term profit for the sector and for the economy as well. The bill has taken into consideration the importance of financial reforms which is the need of hour for the […]
QE3 The recent announcement by the US Federal Reserve to buy US treasuries and mortgage bonds worth $40 billion a month, led to positive gains in the stock market indices around the world. The phenomenon also termed as Quantitative Easing 3 or QE3 resulted in heavy gains around the world, especially the Indian economy where […]
Why the Need of New Taxes by the Indian Government It is a known fact the rising fiscal deficit remains a major concern for the Indian economy. Thus it is very important that revenue for the government is increased to some extent to help bring down the deficit to the comfort zone. In order to […]
Growth vs. Inflation The controversial inflation-growth trade-off has been widely researched upon, both theoretically and empirically since the conception of the Phillips Curve which elucidates the negative relation between inflation and the level of unemployment. In the present Indian scenario, the Inflation Vs Growth debate has assumed renewed importance and significance. In light of the […]
During the 1st version of quantitative easing, the US Federal reserve bought around $1.45 trillion of mortgage-backed securities and other agency debt. This entire activity took place during the 14 month long stint of QE1. Also securities worth around $600 billion were bought during the 8 month period of QE2. Read more What QE Infinity […]