India has one of the largest and fastest growing economes. It is one of the members of BRICS and forms a part of G-20. With a huge population, India now faces a high Inflation rate of 9.39% (CPI) as in April 2013 and a high CAD (Current Account Deficit). Eurozone crisis and in-house politics worsen matters further. Is all well in India? A brief & closer look at what is happening.
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Abenomics- Japan’s answer to its Lost Decade
Abenomics is Japan’s answer to its lost decade.With more than two decades of financial turmoil and big bang reforms, Japanese prime minister,Shinzō Abe proposed Abenomics, a term named after him.This is a very quick overview on what abenomics is just before the final verdict of its acceptance on June14th 2013.
Economic Crises Timeline – United States & Eurozone
Posted on Author deenazaidiPosted in Eurozone Crisis, Financial Crises timeline, United States of America, World EconomyLeave a Reply
The year 2008 marked the advent of a financial crisis that began with a subprime scandal and mistakes made by credit rating agencies followed by the excesses of a financial capitalism that got seriously off track. This included the dissimulation of risks, unverified and highly complicated financial instruments, legal loopholes and the persistence of tax havens attracting a share of world savings that would be more justly used to finance investments and growth.In 2008, IMF had reported that these terrible lapses will cost the international banking system about a trillion dollars in the long-term.
Too Big to Fail or Too Small to Succeed!
‘Too Big to fail’ is a clear concept asserting that certain financial concerns are too large and well connected to fall apart and incases when this occurs the government should step in to bail them out.But does it hold true in all cases?A small write up on how this issue is big and ways to get it right.