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This case would be very helpful to students, teachers, advisors, and policy makers who are interested in subject areas such as, international retailing, retailing in India, infrastructural development in India, and the effects of a giant multinational retailer's coming to India on its millions of kirana stores (small businesses) and the millions of people who depend upon these kirana stores for their livelihood.
..., information technology, and financial services sectors, but, on the other hand, quite he...
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... energy in Europe was not subject to the financial risks associated with regulation of C[O.sub.2] emi...
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... not only shapes Pakistan's foreign policy, but also its defense considerations and strategic...India's imminent emergence as a regional power will like... and needed sympathy along with financial support. Relations have continued in 2009 with an ...
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... Finance at the Institute for Financial Management and Research, in Chennai, India, view r...
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... made by immigrant entrepreneurs from India, China, and other countries, to innovation and job... minority entrepreneurs face greater financial barriers, compared with small firms in general, to... local economic environment and government policy as opposed to internal factors such as the entrepr...
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With its profusion of languages, ethnic groups and regional diversities, with its unique caste system, with its contrast between information technology and industry billionaires and the nearly 300 million people who live below the poverty line, with its mixture of Mahatma Gandhi's nonviolent philosophy and outbreaks of savage communal violence, and with its success as a parliamentary democracy despite having 400 million people who cannot read or write, India remains a bewilderingly complex country. A powerful moral leader as well as a wily politician, Gandhi wanted Indians to be proud of their past, to wear Indian rather than foreign dress, to challenge their colonial overlords through peaceful protest and noncooperation and not through violence, and to eliminate discrimination against...
... by reviewing major political, foreign policy and economic developments and trends since 1947. 1... structure for Pakistan, dividing financial and other national assets, separating the Indian a...
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... remained the twin objectives of monetary policy in India. The monetary policy reforms since 1991 h... Institutions (DFIs); Non-banking Financial Companies (NBFCs); Co-operative Banks. * Credit Po...
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We present new evidence from a natural experiment to show circumstances in which ownership restrictions can enhance value. Our evidence is based on multiple restricted bond issues by an emerging market issuer at 150 basis points lower than comparable bonds, resulting in a billion dollars saving. This is intriguing: how can an emerging market issuer with junk bond ratings obtain such low yields? We argue ownership restrictions enhance value since they enable an issuer to precommit to renegotiate efficiently with a favored clientele in the potential default states, thereby circumventing deadweight costs of prolonged negotiations, particularly when the restricted clientele also values the underlying collateral higher than other investors. Ownership restrictions can also result in a transfe...
... by an emerging market issuer (namely, India's largest bank, the State Bank of India) exclusive... have a significant influence on public policy in India. For example, in 2000 the government of I...
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New Book by MIT Economist Robert M. Townsend Establishes Foundation for Analyzing the Impact of Financial Policies in Developing Countries
CHICAGO, March 22, 2011 /PRNewswire-USNewswire/ -- Ever since widespread defaults on microloans in India thrust the microfinance industry into crisis, a compelling and fundamental question has been renewed: How do we determine what impact financial innovations and financial policy changes will have on the economies of developing countries?
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Vinod Rai, Comptroller and Auditor General of India and chair of the Knowledge Sharing Committee, presented his report to the Governing Board and the XX INCOSAI. According to the INCOSAI strategic plan, the purpose of goal 3 is to encourage SAI cooperation, collaboration, and continuous improvement through knowledge sharing, including providing benchmarks, conducting best practice studies, and performing research on issues of mutual interest and concern. In addition to Rai's report, the individual working groups and task forces reported on their goals and achievements. This article summarizes the activities and accomplishments of goal 3 working groups and task forces.
... the new Task Force on the Global Financial Crisis (chaired by the SAI of the United States) a... through to establish the communication policy mandated by the XIX INCOSAI in 2007. The Chair pre...