The Global Financial Crisis on India Essay - 2493 Words

Why do you think India remained relatively insulated from the financial crises? The contagion is truly global in a globalized world. How can the high priests of globalization in India expect to insulate the country from this all-pervasive crisis? - By S. Shivaraman It is not right to say that a country is insulated from financial crisis in today’s globalized world. In some way or the other there will be an effect of failed programme of one country on the other. The moment we say that we are global (global meaning when we do not have any restriction on transactions with other geography’s), we become non-insulated to the†¦show more content†¦Indian economy has been affected by the financial crisis but the effect is less for which there exists various reasons. But it does not mean that it is not affected at all, the individual areas show the effect of these financial crises in the economy. In this paper I will write about the reason for both why the effect was less and the areas which were affected by the financial crisis and how. â€Å"At the outset, it must be admitted that the abundant caution exercised by the former RBI Governor, Dr. Y. V. Reddy and going slow on opening up new complex financial products helped to insulate the country’s from a major financial crisis† . There have been reflective discussions on the effects of the Global Financial Crisis on India. Facts tell us that while the world economy seemed to be collapsing in 2008/09, India’s GDP expanded by 6.7%. The Federal Bank and the Bank of England cut their policy rates to rock-bottom levels to 0.25% and 0.50% respectively . This action was a means of adopting an expansionary monetary policy in pursuit of enhancing economic activity and investment amongst consumers and firms. At every Central Bank meeting, during the past 2 years, we saw governors extremely concerned about the recession. They did whatever they could to pick up the economy and boost consumer confidence. When interest rates reached their minimum levels, their hands were tied and they needed to look for another tool. Over theShow MoreRelatedThe Global Financial Crisis Of India1441 Words   |  6 PagesIntroduction: The Global financial sector had seen one of the worst Global economic meltdown of staggering proportions. The root cause of the problem was substandard loans offered to a large number of customers with inadequate income by the United States Mortgage market. This crisis was commonly known as the Sub-prime crisis. These sub-prime mortgages were packaged and traded into securitized paper investments and were sold by the major financial institutions across the globe. Subsequently, theseRead MoreGlobal Financial Crisis and Its Impact on India4465 Words   |  18 PagesGLOBAL FINANCIAL CRISIS AND ITS IMPACT ON INDIA Abstract: The effects of the global financial crisis have been more severe than initially forecast. By virtue of globalization, the moment of financial crisis hit the real economy and became a global economic crisis; it was rapidly transmitted to many developing countries. India too is weathering the negative impact of the crisis. There is, however, an important difference between the crisis in the advanced countries and the developments in IndiaRead MoreWhy India Recovered Quickly From The 2008 Global Crisis Essay1594 Words   |  7 PagesWhy India recovered quickly from the 2008 global crisis? Vivek Shah MBA AF 629 December 12, 2016 Introduction It’s the most heard term about the global economy in the recent years and it’s the year we have been always hearing about its 2008. We all have been a part of it in some or the other way and all the major economies had been affected by the global turmoil which eventually lead to the worst situation after the Great depression of 1929. The sub-prime crisis in USA which lead to great recessionRead MoreFiscal Policy And Fiscal Policies1046 Words   |  5 Pagesas Global Financial Crisis of 2008.Many countries enacted lots of stimulus plans related to fiscal policy in order to cope with the Global Financial Crisis of 2008. Among those India also adopted many different new techniques of fiscal policy in order to survive during the Global Financial Crisis of 2008. India is a federal democratic country located in South Asia region of the world. As of now it is the second most populous country with over 1.2 billion population. The fiscal policy of India isRead MoreTata Motor Essay1149 Words   |  5 Pagesï » ¿Case 2 Tata Motors 1. Describe the economic characteristics of the global motor vehicle industry. The 2008 financial crisis began in the American subprime mortgage crisis, eventually evolved into a global financial crisis. Most countries because of the impact of the financial crisis, leading to a sharp slowdown in consumer’s vehicle demand. Also, because of the financial crisis, the global motor vehicle industry experienced a full-scale market competition. Some small car companies to be phasedRead MoreGlobal Crisis1656 Words   |  7 PagesGlobal crisis occurs due to financial crisis and economic crisis. These are nothing but risk that could threaten humankind as a whole or even cause the end of planet Earth. A financial crisis is a situation where money demand quickly rises relative to money supply. A stock market crash is an example for this. Whereas economic crisis refers to the economic down of countries all over the world. They are going down in -ve zone. Global economy has become a hot topic for international forumsRead MoreCompany : The Global Economy1299 Words   |  6 PagesCOMPANY’S POSITION IN THE EVOLVED GLOBAL ECONOMY Since the company’s commencement in 1969, the multinational cooperation has always aimed to be a market leader. To achieve this, they have not stuck to one particular field to enhance their business, but into virtually all sectors of business so as to maximise on market opportunities and bring out top class results. With the widespread phenomenon of globalization, the company has been at par with all other leading Australian as well as internationalRead MoreAnalysis of â€Å"the Global Financial Crisis: Causes, Effects, Policies and Prospects† Dominick Salvatore, Journal of Politics Society, Columbia University1110 Words   |  5 Pages Analysis of â€Å"The Global Financial Crisis: Causes, Effects, Policies and Prospects† Dominick Salvatore, Journal of Politics Society, Columbia University June 2010 Marija Nikolic December 2012 Global financial crises has brought into focus debate about decisions made by the countries which are leading economic forces, making them to reconsider past living standards and habits. With the aim to examine the causes, effects, policies and prospects for the financial crisis D.Salvatore publishedRead MoreBriefly Compare the Political Regime Type in China and India. Which of the Two Would You Prefer to Do Business in and Why?1478 Words   |  6 Pagespolitical regime type in China and India. Which of the two would you prefer to do business in and why? India and China are two republics that have experienced very opposing political regimes throughout history. China has been fundamentally stable country with a lack of a distinct authority figure (Desai, 2003). Being a single party state China has been controlled by the Chinese Communist Party since the 5th National Congress held in 1927 (Wang, 2013). Correspondingly India, have always been a federalRead MoreNational Income Trend in India1504 Words   |  7 PagesANALYSIS OF INDIA (1950-2013) India is home to 1.24 billion people, which is about 17.5 per cent of the global population. The Indian economy is the 12th largest in USD exchange rate terms. India is the second fastest growing economy in the world. However, it accounts for only 2.98 per cent of world GDP in US dollar terms and 5.0 per cent in purchasing power parity (ppp) terms. Hence, there exists a huge potential for catch up. The global welfare too is linked to progress in India as reflected

Amory Blaine A True American Character - 1586 Words

[Student’s Name] [Instructor’s Name] [Course Title] 25 October 2014 Amory Blaine: A True American Character One of the major characteristics of a great novel is its potential to depict characters that are representative of a specific society, its ideology, its conventions, and its worldview. Analyzing from the perspective of characterization, F. Scott Fitzgerald’s novel â€Å"This Side of Paradise† should be considered as one of the greatest novels ever written in the realm of American literature because emphasizing on the development of the central protagonist’s character in the novel it can be found that it is a typical representation of the American ideology and the American philosophy. The main character of the novel, Amory Blaine is the true representation of the frustrations and dilemmas faced by the American youths in the post-First World War American society. The central protagonists reflect all those obscurities that were actually faced by the American youth in the concerned period and that is one reason why the character of Amory Blaine can be considered as a typical American one. One must note that Amory Blaine â€Å"stands for the All American young man, feeling disillusioned and alienated in his own country, in the aftermath of World War 1† (â€Å"This Side of Paradise, OR, The Dark Side of the American Dream in the 20s†). The 1920s were a time of contradictions for myriads of Americans. On one hand, this was the time when America was roaring forward towards the path ofShow MoreRelatedF. Scott Fitzgerald s The Great Gatsby1845 Words   |  8 Pagesdid not get published; which impacted his life. So, because of this circumstance, Fitzgerald ca me up with another accomplishment to achieve in his life. He wanted to accompany the United States Army to fight in WWI (Mangum). During his life as an American soldier, Fitzgerald was ranked to a second lieutenant, met the love of his life, Zelda Sayre, and contrived his first known recorded written draft that is known to be titled The Romantic Egotist. Later in Fitzgerald s life, He was acknowledged forRead MoreThis Side Of Paradise By F. Scott Fitzgerald1631 Words   |  7 PagesWhat makes Amory Blaine uniquely American in the novel â€Å"This Side of Paradise† In the novel, â€Å"This Side of Paradise† authored by F. Scott Fitzgerald, Amory Blain is portrayed as a protagonist who searches his identity by looking at those people that he admires. However, these people block him from finding his true self. He appears to be more vacuous and relies mostly on his breathtaking handsomeness and his wealth in order to get well with life. The novel begins by describing the family backgroundRead MoreResearch Paper F Scott Fitzgerald2343 Words   |  10 PagesThe Unsatisfied American Dream As Florence King once said, â€Å"People are so busy dreaming the American Dream, fantasizing about what they could be or have a right to be, that theyre all asleep at the switch. This quote symbolizes the simple fact that the American Dream is impossible for someone to ever attain because people are to busy dreaming about what others have, that they fail to recognize what they themselves already have attained. The American author F. Scott Fitzgerald has had an unprecedentedRead MoreAnalysis Of F. Scott Fitzgerald953 Words   |  4 PagesF. Scott Fitzgerald was an American author who was known for his novels that generally take place during the Jazz Age after World War I. His use of similes add deeper imagery and to emphasize certain descriptions that are necessary to understand in his distinctive writing style. Fitzgerald incorporated a lot of his own personal life into his works; his struggles with alcoholism, mental disorders and marital problems are generally thrown into almos t all his novels. Many of his stories can be readRead MoreThe American Dream in The Great Gatsby and This Side of Paradise1382 Words   |  6 PagesFitzgerald is one of the all time greatest American authors solely of the fact that his works displayed â€Å"The American Dream.† This brings up an excellent question: What was or what is â€Å"The American Dream†? The American Dream is to achieve - To achieve greatness, higher social ranking, wealth, a family, happiness in first class. The idea of it is supposed to be that when you work hard, your hard work will then pay off in the end. But more importantly, The American dream is a personal feeling. It is whenRead MoreThis Side of Paradaise by F. Scott Fitzgerald Essay1414 Words   |  6 PagesWho is Amory Blaine? It seems, in certain ways that Amory serves as the quintessential portrait of the American youth, always struggling between individuality and the desire for acceptance. But also we get glimpses of situations in which he seems to be the embodiment of America itself – of old European heritage, struggling with his uniqueness in a world where, to survive, he must fit in. Fitzgerald described the novel as a â€Å"quest novel† that focuses on Amory’s journey to self-understanding. The threeRead More This Side of Paradise and The Great Gatsby Essay1960 Words   |  8 Pages F. Scott Fitzgerald’s writings largely focus on the American aristocracy during the 1920s. The ‘20s became alternatively known as â€Å"the Jazz Age,† a term coined by Fitzgerald with connotations encompassing the prosperity, frivolity, and decadence of the upper class. The atmosphere and mindset of lavish excess are preserved in the plots and characters of Fitzgerald’s writings. Although Fitzgerald’s protagonists are wealthy, there is a noticeable distinction between those who come from â€Å"old

Stock Market Liberalization Free Essays

Even though you are allowed to work together in groups, you should independently be able to attempt to discuss all of the issues yourself. Therefore, you should read through each case in detail. Note the central issues the case addresses. We will write a custom essay sample on Stock Market Liberalization or any similar topic only for you Order Now Analyze these Issues using any relevant techniques and tools along with your common sense. What are the â€Å"key drivers†?. Note down the recommendations you would make and how you would Implement them. It Is important to note any Limitations, risks and uncertainty that your recommendations entail. If you get stuck try and note down why you are stuck: what is the problem that is causing you to be unable to move forward. You should work on the case in groups after you have studied the case individually. Examine the set of questions that are assigned to the case. The point of these questions is to set you on the right track. You should not feel that the questions constrain your analysis. Indeed, It Is often not enough to simply answer the questions posed, but to go deeper into the issues and problems. Always try and think about how a manager who aims to maximize shareholder wealth would achieve that goal. How to cite Stock Market Liberalization, Papers

Paula Vogel no need for gravity Essay Example For Students

Paula Vogel: no need for gravity Essay Paula Vogels The Baltimore Waltz one of the most widely produced new American plays of recent seasonsconfronts the scourge of modern times obliquely, never mentioning AIDS in its 30 brief scenes. Instead, the playwright reimagines the absolute through fantasy. Anna, an elementary school teacher stricken with Acquired Toilet Disease, tours Europe with her brother while allowing her senses (and her sex life) unfettered indulgencesuntil her journey of the imagination and her brothers life come to quiet ends in a Baltimore hospital. Written for Vogels own brother, who died of AIDS in 1988, the play hurtles forward with the inexorable logic of a dream and the pressing urgency of a nightmare. Its impossible to talk about, let alone talk to, Paula Vogel without mentioning her breakthrough play. Although she has been writing for 20 years, Vogel must now, at 40, bear the burden of being perceived as an overnight successa newly romantic angle to a long career she has fashioned as an artist and educator. In addition to her ongoing duties as director of the MFA playwriting program at Brown University in Providence, R.I., Vogel has taught, and hopes to continue, a theatre workshop for women in the maximum security Adult Corrections Institute in Providence. In June, she added trustee to her list of titles when she joined the board of New Yorks Circle Repertory Companyfor several years one of two important homes (the other is Perseverance Theatre of Douglas, Alaska) for the development of her work. Not easy to decode   If you try to explore the boundaries of what youre doing, itll always take a gap in time until somebody decodes you, Vogel says with characteristic forthrightness about her late-blooming success. I couldnt understand why I wasnt being decoded; I thought I was speaking the language perfectly clearly. If Vogels plays defy easy decoding, it may be because they are stubborn, troubling, prickly thingsdifficult, certainly, but capable of great leaps and, like their author, firmly resistant to the predictable. Theatre is about structure and sequence, and not about words, Vogel avows. Once you go flying and trust that the net will be there, you suddenly realize that you dont need gravity at all. And Baby Makes Seven, an early play now having a belated premiere at Circle Rep (where it runs through May 16 with Peter Frechette, Cherry Jones and Mary Mara appearing under Gordon Edelsteins direction), covers the same absurdist terrain as Edward Albees Whos Afraid of Virginia Woolf? The title characters are a lesbian couple, one of whom is pregnant, the man who has fathered the child, and three imaginary adolescents, all boys, who are portrayed by the two women. Structured without a hint of exposition, unencumbered by psychological analysis, And Baby Makes Seven progresses entirely through Vogels sly, edgy sense of situation and character. Her latest play, HotNThrobbing, provoked fierce audience reactions last October when Anne Bogart (who directed the premiere of The Baltimore Waltz at Circle Rep, and for whom Vogel wrote the new play) directed a workshop production for the Circle Rep Lab; writing about domestic abuse, pornography and desire, Vogel blurred the line between representation and endorsement in a way that proved both discomforting and challenging. Virtually every playwright will profess to be more interested in questions than answers, and Vogel is no exceptionalthough that statement is as close as she comes to a cliche. This is a racist, misogynist, homophobic society, and after a while it becomes the air you inhale, she says. Im not an academic who believes in a cure. I dont believe in fixing plays. I believe we have to get out there and write flawed plays that disturb everybody, and change the atmosphere. .u75a92594696be4d6ffc859beb1802afc , .u75a92594696be4d6ffc859beb1802afc .postImageUrl , .u75a92594696be4d6ffc859beb1802afc .centered-text-area { min-height: 80px; position: relative; } .u75a92594696be4d6ffc859beb1802afc , .u75a92594696be4d6ffc859beb1802afc:hover , .u75a92594696be4d6ffc859beb1802afc:visited , .u75a92594696be4d6ffc859beb1802afc:active { border:0!important; } .u75a92594696be4d6ffc859beb1802afc .clearfix:after { content: ""; display: table; clear: both; } .u75a92594696be4d6ffc859beb1802afc { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u75a92594696be4d6ffc859beb1802afc:active , .u75a92594696be4d6ffc859beb1802afc:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u75a92594696be4d6ffc859beb1802afc .centered-text-area { width: 100%; position: relative ; } .u75a92594696be4d6ffc859beb1802afc .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u75a92594696be4d6ffc859beb1802afc .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u75a92594696be4d6ffc859beb1802afc .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u75a92594696be4d6ffc859beb1802afc:hover .ctaButton { background-color: #34495E!important; } .u75a92594696be4d6ffc859beb1802afc .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u75a92594696be4d6ffc859beb1802afc .u75a92594696be4d6ffc859beb1802afc-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u75a92594696be4d6ffc859beb1802afc:after { content: ""; display: block; clear: both; } READ: Hard Times have credibility EssayFor a while, institutional theatre felt it had to fix plays and do plays that were safe, Vogel continues. In the 1980s, we had a decade of good but harmless work, because people could afford the status quo. Now, the shrinking of our ambition and our stages is leading to the elimination of our stages. We have to take risks or we will closeonly by having unlimited imagination are we going to be able to keep going. If the only time Ill get produced is with a three-character play, then how do I create the world with three characters? We get backed into corners, and all our handicaps have to become gifts of exclusion. Vogel is critical but fair-minded about the economic concerns that can influence the operations of todays resident theatres. How can you be rational and courageous at the same time, as a producer in the nonprofit theatre? she questions. There are no villains in this scenario. Its the apparatus that is failing all of us. Her success in the major institutional theatres now allows her access to the opportunities accorded star playwrights, but that success has been achieved only recently, and she is keenly aware of the doors that remained closed during her journey. As a lesbian who writes plays, moreover, Vogel is acutely sensitive to issues of representation. (I do not write lesbian plays, she states firmly. I will not speak for all women, and I will not speak for all lesbians.) She does speak as a passionate advocate for the virtues of a nonhierarchical community of artists. My real frustration, she reveals, is figuring out how we can best share all the resources of acting and directing, because thats what develops the new playwrights. Listen as much as talk   At Brown, Vogel balances philosophy with the practical necessities of education. This is my feeling about teaching: Im training people to be my colleagues. Anyone who writes in my class and puts their hearts into it, I will support, encourage and love, period. But I also have to say, Im not fond of this play or that play, heres why, and this is what my bias is.' If any single quality underscores Vogels approach to theatre, it may be her desire to push the boundaries of expectation. As a trustee, for instance, she has the opportunity to help influence the power-based structure often linked to play development. A lot of people think playwrights are isolated eggheads who sit down and think pure thoughts filled with righteous anger, Vogel says with impatience. Every playwright I know has been an actor, or director, or producer, or grants writer or arts administrator. You cant write plays in a vacuum. You have to know how the system works, and we need to find new ways to produce plays. All boards need artists to listen as much as to talk, and trustees to listen as much as to talk. There are ways of being creative and artistic with a budget, with a vision. It takes incredible courage to do that. All Im hoping is that well share our convictions. A generous woman who repeatedly acknowledges those who have influenced her work (among them Maria Irene Fornes and John Guare), Vogel propounds the virtues of openness and inclusion. I dont believe theres any such thing as the universal in theatre anymore; whats universal is the fact that youve got a collection of people sitting in the theatre at one given moment who have to unravel the play for themselves.