93 research outputs found
Financial Crisis and Its Impact on the Economies of China and India
The study will focus on the current financial crisis and its impact on the growth, trade and employment in emerging market economies (EMEs) namely China and India. The emerging market economies are characterized as transitional, which means that they are in the process of moving from a closed to an open market economy. It is said that by adoption of neoliberal policies, the economy will suppose to lead to a better economic performance levels, as well as transparency and efficiency in the capital market.
The proponents of the ‘neoliberal economic policies’ always maintained that it is working and as a consequence, for example, the Indian economy is growing at high rates, the stock market is booming, foreign reserve is at a comfortably high level. The ‘free trade’ policy is making availability of a variety of goods unimaginable earlier as a mark of the benefits of globalization. The ‘invisible hand’ of the market, tries to pretend that market operates in isolation. On the basis most recent available data and studies the author has examined the impact of financial crisis on the economic growth and various sectors of the economies in China and India.
Finally, the author finds the argument that China emerging as the alterative engine of growth for the world economy is too ambitious. Some have suggested that a ‘decoupled Asia’ through its own growth and expanding domestic demands would ensure higher imports demands for its growing economies and thus limit the economic slowdown in the developed economies. But this is unlikely due to: the US, EU and Japan together account for more than half of China’s exports, and as recession deepens, it is bound to affect export sector and overall economic activity in China
Clean energy transitions in the Pacific Islands present opportunities for strategic US economic partnerships
For more about the East-West Center, see http://www.eastwestcenter.org/Dr. Kalim U. Shah, Professor of Energy and Environmental Policy and Director of the Island Policy Lab, Joseph R. Biden Jr. School of Public Policy and Administration, University of Delaware, explains that with some locales "targeting as much as 100% renewables for their energy mix… [t]he modernization of the Pacific Islands’ energy sector promises to strengthen local economies and enhance the quality of life for residents
Globalisation and Neo-liberal Economic Reforms in India: A Critical Review
The objective of this study is to analyse the impact of neo-liberal economic reforms also known as ‘pro-market’ reforms in India. It is widely believed that India’s growth acceleration has taken place mainly due to changes in the government’s attitudes towards business and export orientation rather than earlier domestic policies. This paper shows that the turnaround growth took place in the early 1980s rather than the early 1990s as portrayed by international financial institutions and media. We find the current discussions overlook other aspects such as inter-sectoral and inter-regional imbalances. The importance of the manufacturing sector is not properly examined, which could play an important role in creating jobs, and its crucial role in employment generation is being underplayed.
This research presents the broad macro parameters of the growth of the Indian economy in both periods, i.e. pre and post reforms period, and also very briefly comparison is made with the colonial period, however, simply looking at the economic growth figures might be misleading. Therefore, we decided to analyse other variables, such as inter-regional and inter-sectoral changes and also look at the issue of poverty during pre and post-reform periods. The author critically examines the issues of foreign direct investment, particularly during the neo-liberal period in India, also focusing on cross region evaluation, drawing out the patterns discernible from available data. The study provides an overview of the on-going debate on the components of Indian-growth and the relative importance of government policies. The study has questioned some assertions concerning neoliberal reforms and growth in India in particular the argument that poverty has been reduced, is problematic
COFA 2023 Emerges as a Vital Lifeline for the Marshall Islands National Climate Adaptation Effort
Dr. Kalim U. Shah, a University of Delaware Professor of Energy and Environmental Policy serving as the Director of the University’s Island Policy Lab and a World Bank Climate Advisor, asserts that the renewal of the US-Marshall Islands Compact of Free Association "marks a significant shift in how the agreement tackles climate change" and by "allocating funds specifically for resilience... Washington not only helps the [Marshall Islands] prepare for climate-induced threats but also reinforces its military presence..."
The views expressed are those of the authors and do not necessarily reflect East-West Center policies or positions
Why Private Investment In Pakistan Has Collapsed And How It Can Be Restored
The purpose of this paper is to analyse the decline in private investment and formulate a comprehensive strategy to overcome this problem, which is the main cause of deceleration in the growth momentum of Pakistan’s economy. Due to lack of investor confidence, private investment has reached its lowest point in the recent economic history of the private sector led growth phase (1978 to 2002) in Pakistan. This paper argues that economic as well as non-economic factors are responsible for this declining investment. Economic policies are formulated in such a manner that the short-term objectives of lowering the fiscal and trade deficits were to some extent achieved but overall economic performance and investment were ignored. In order to control external trade deficits, a policy of devaluation increased the cost of production through an increase in prices of imported raw material especially of plant and machinery. Higher real interest rates due to excessive public borrowing that were due to the failure in reducing fiscal deficits has resulted in financial crowding out and has corroded the savings that might be used to finance private investment. The unexplained part of private investment that is not determined by economic factors can be attributed to non-economic factors, which include internal and external shocks. These shocks start from the sanctions which were imposed after the nuclear blast. Events following that initial shock like the freezing of foreign currency accounts, the military coup, the harassment of the partially successful accountability drive of the military government, the 9/11 incident, the Afghan war and tensions on the Pak-India border have complemented the shock. A comprehensive programme is required to boost private investment and for the restoration of investor confidence. Therefore, an economic package is recommended in this paper that consists of incentives that relax the supply side constraints by reducing cost of production as well as demand-enhancing efforts. It is the best time to introduce a strategy to increase investment activities in the economy because of the high level of foreign exchange reserves, the rescheduling of foreign debt and the drastic reduction in interest rates which have reduced the debt servicing cost. Investor confidence can be restored by accelerating economic activities through following policies that can reduce the cost of imported raw material, bring down the real interest rates in the economy, increase expenditures on infrastructural development activities and that can also increase the availability of conditional subsidised credit for the export oriented small scale industries so that there is an improvement in the quality of the final product. This would make it more competitive in foreign markets.Private Investment; Development; Growth; sector wise Investment
Henge: An intent-driven scheduler for multi-tenant stream processing
This thesis presents Henge, a system that supports intent-based multi-tenancy in modern stream processing applications. Henge supports multi-tenancy as a first-class citizen: everyone inside an organization can now submit their stream processing jobs to a single, shared, consolidated cluster. Additionally, Henge allows each tenant (job) to specify its own intents (i.e., requirements) as a Service Level Objective (SLO) that captures latency and/or throughput. In a multi-tenant cluster, the Henge scheduler adapts continually to meet jobs’ SLOs in spite of limited cluster resources, and under dynamic input workloads. SLOs are soft and are based on utility functions. Henge continually tracks SLO satisfaction, and when jobs miss their SLOs, it wisely navigates the state space to perform resource allocations in real time, maximizing total system utility achieved by all jobs in the system. Henge is integrated in Apache Storm and the thesis presents experimental results, using both production topologies and real datasets.Submission published under a 24 month embargo labeled 'Closed Access', the embargo will last until 2019-12-01The student, Faria Kalim, accepted the attached license on 2017-12-04 at 13:41.The student, Faria Kalim, submitted this Thesis for approval on 2017-12-04 at 13:51.This Thesis was approved for publication on 2017-12-04 at 16:54.DSpace SAF Submission Ingestion Package generated from Vireo submission #11818 on 2018-03-13 at 10:37:19Made available in DSpace on 2018-03-13T17:35:43Z (GMT). No. of bitstreams: 2
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Architecture: India, Ashtur, Tombs
(Left to Right) Kalim-Allah (d. 1527)Wali-Allah (d. 1524)Mahmud (d. 1518)Muhammad III (d. 1481)Ahmad III (d. 1461)Ahmad II (d. 1456), Domed tombs are those of Mahmud Shah (d. 1518)Humayun Shah (d. 1461)Ahmad Shah II (d. 1456)
Analisis Hadis Riwayat Al-Tirmidzi Tentang Pendidikan Akal Menggunakan Aplikasi Jawami’ Al-Kalim
Analysis Of History Of Al-Tirmidzi About Reasoning Education Using Jawami' Al-Kalim Application
Intellectual education is a very important thing, even ijtihad as the fruit of reason thinking is one of the most important sources of law in Islam. This study aims to analyze: 1) understanding of reason education 2) comparison of the hadith of al-Tirmidhi's history of reason education 3) the process of transmission and quality of the hadith of al-Tirmidhi's history of reason education 4) istimbath and application of the content of the hadith of al-Tirmidhi's history about intellectual education on the theory or practice of Islamic education. The research approach used is qualitative research with library research instruments and the research method used is descriptive method. In analyzing this hadith the author uses the help of the Jawami 'al-kalim application. The results of this study provide the following conclusions: 1) mind education is to shape the mindset of students towards everything that is useful, whether in the form of syar'i science, culture, modern science, awareness, thought, and civilization; 2) this hadith was narrated by several narrators such as Muhammad bin Isha At-Tirmidhi in the book Jami'u At-Tirmidhi hadith number 1245, Ahmad bin Hanbal in the Musnad Ahmad bin Hanbal book hadith number 21492, Abu Daud in the book Sunan Abi Daud hadith number 3121 and Abdullah bin Abul Ar-Rahman Ad-Darimy in the book of Sunan Darimi hadith number 168; 3) this hadith is a dho'if hadith but is a maqbul min hadith hasan li ghairi; 4) the results of the istimbath hadith show that the Prophet Muhammad provided broad opportunities for the development of reason in order to bring together humans with their own nature. This is relevant to the concept of education, namely reason and intellect must be developed
Bridging theory and practice in peer-to-peer energy trading: market mechanisms and technological innovations
This article was originally published in Environmental Research: Infrastructure and Sustainability. The version of record is available at: https://doi.org/10.1088/2634-4505/adac8a.
Original content from this work may be used under the terms of the Creative Commons Attribution 4.0 license (https://creativecommons.org/licenses/by/4.0/). Any further distribution of this work must maintain attribution to the author(s) and the title of the work, journal citation and DOI.
© 2025 The Author(s). Published by IOP Publishing Ltd.The article provides a synthesis of the literature on the peer-to-peer (P2P) energy trading paradigm. P2P energy trading is a prosumer business model and a transformative concept that allows prosumers to sell surplus generation to other prosumers and consumers within an energy community or microgrid. P2P energy trading is a novel concept to promote decentralization, decarbonization, democratization, digitalization, and enhancing energy resilience of the energy sector. The article covers different facets of P2P energy trading, including market designs, changing actor roles, pricing mechanisms, enabling technologies, and challenges. The article thus addresses emerging and complementary aspects not covered in prior literature reviews. As such, three market designs are discussed: centralized, decentralized, and distributed, and four pricing mechanisms, which are optimization, game theory, auction-based, and reinforcement learning. Enabling technologies discussed are Energy Internet, Internet of Things, Artificial intelligence, Blockchain, Communication networks, and battery flexibility. The paper discusses the challenges that the development and commercialization of the P2P energy trading faces—especially focusing on the social ontology of the concept—and provides research directions to amplify the scaling up of the technology
Integrating bioplastics into the US plastics supply chain: towards a policy research agenda for the bioplastic transition
This article was originally published in Frontiers in Environmental Science. The version of record is available at: https://doi.org/10.3389/fenvs.2023.1245846. © 2023 Shah and Gangadeen.Bioplastics have the potential to fill the role of conventional plastics but with lowered environmental and ecological impacts. But bioplastic production suffers from high production costs and as an immature technology, it proves less competitive than its petrol-based counterpart. Debates about the social versus private benefits of bioplastics are also cited. The literature argues that various bio-feedstock sources can produce high-quality drop-in plastics and that scaling up bioplastic production will provide the cost competitiveness needed to transition away from petroplastics. However, the market remains uncoordinated and lacks a strategic and comprehensive plan for the plastic transition. Moreover, the science-to-policy literature on bioplastics is very limited, providing scarce evidence or analysis to policymakers attempting to argue for bioplastics industrialization and integration. In this study we highlight this missing link particularly in the North American context in order to encourage further inquiry on these matters. Using Stern’s policy framework gap analysis approach, our evaluation identifies gaps in existing policy frameworks pertinent to bioplastics supply chains. On this basis we identify and prioritize five pointed areas for policy focus to advance bioplastics sector growth and integration. These are developing a strategy to sustainably coordinate and promote biomass production; incentivizing bioplastic investments and production; incentivizing bioplastic substitution; and enhancing the end-use management. Additionally, research is needed to support the technical performance of bioplastics, industrialization methods, supply chain integration, and the impact of exogenous factors.IG is a graduate research assistant funded under the National Science Foundation’s Established Program to Stimulate Competitive Research (EPSCoR) Renewable & Recyclable Polymers (R2P) Track 2, Award Number 2119754
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