Macroeconomic Case Analysis using article - Essay Example

Only on StudentShare

Extract of sample
Macroeconomic Case Analysis using article

India is classified as low-income economy1 as per The World Bank although India's huge population results in a per capita income of $3700 at PPP and $820 at nominal.
The economy is sizzling due to booming investment and consumption. According to survey of 32 countries by Grant Thornton, a London-based accounting firm, Indian businessmen were the most upbeat. Indians are rightly proud of the huge global success of firms such as Infosys, or of Tata Steel's 5.8 billion ($11.3 billion) acquisition of Britain's Corus this week.
Reserve Bank governor Yaga Venugopal Reddy has flagged the possibility that the Indian economy may be overheating2. In other words demand is outpacing supply and hence the pace of growth is unsustainable. Wholesale price of oil inflation has risen to 6%, which is above the 5.5% upper limit set by the Reserve Bank of India (RBI). The crude average of the rates for industrial, non-manual and agricultural workers is above 7%. Capacity utilization is higher than at any time in the past decade.
The most recent trade data suggest that the rapid deterioration in the trade deficit since H1 2004 is stabilizing and portfolio flows only account for 35 per cent of total capital flows and one of the main determinants is GDP growth. ...Show more

Summary

Indian economy is the fourth largest in the world as measured by purchasing power parity (PPP). Due to reduced government controls on foreign trade and investment since the early 1990s, foreign businessmen and investors are swarming to Bangalore and Mumbai to grab a piece of the action…
Author : cbatz
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Macroeconomic Case Analysis using article"
with a personal 20% discount.
Grab the best paper

Related Essays

MHE503 Survey of Emergency and Disaster Mgt Module 2 SLP
Columns 3: Rank the disasters in terms of average number of deaths per disaster during the past 30 years. Use a scale between 1 and 4, with '1' referring to the highest number of deaths per disaster and '4' referring to the lowest number of deaths per disaster.
4 pages (1000 words) Essay
Is the concept of transnational identity a threat to Iranian national identity and the development of International Cooperation.
The author states that the national identity of most countries in the Middle East suffers form democratically prorogated discrepancies that are proliferated by the western ideologies. The Ottoman Empire downfall, precipitated the evolution of states that have had a problem in defining of a national identity that all encompassing and ambassadorial.
20 pages (5000 words) Essay
Newspaper Article Analysis
6 pages (1500 words) Essay
Biology Article Analysis
The container's contents would reinforce a latest explanation of the conception of life on Earth and would stimulate both shock and cynicism in every region of the world. For several years, the scientists investigating the basis of life have envisioned that it materialized in temperate situations from primeval soups, humid ponds, even scorching volcanic vents.
3 pages (750 words) Essay
Macroeconomic
2 pages (500 words) Essay
Analysis of a management practitioner article using relevant organisational behaviour theory
In the early days of the industrial revolution when increasing production was an important factor, modern management theories began to emerge. Most of the early theorists like F W Taylor, or Frank and Lillian Gilbreth focused mainly on increasing production, in effect ignoring the humanitarian aspect.
10 pages (2500 words) Essay
Macroeconomic analysis of France.
As seen from above table, the GDP of France was increasing for last two years at a relatively steady pace. However, the last year seen decline in GDP growth rate where the GDP grew by
4 pages (1000 words) Research Paper
Macroeconomic
The government’s efforts at curbing inflation have borne some benefits, though it should do more should be done since the rate of change in inflation is not directly reflected in the
12 pages (3000 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT