64 research outputs found
Computational Analysis of the Impact on India of the Uruguay Round and the Forthcoming WTO Trade Negotiations
The Indian economy has experienced a major transformation during the decade of the 1990s. Apart from the impact of various unilateral economic reforms undertaken since 1991, the economy also had to reorient itself to the changing multilateral trade discipline within the newly written GATT-WTO framework. The unilateral trade policy measures have encompassed exchange-rate policy, foreign investment, external borrowing, import licensing, custom tariffs, and export subsidies. The multilateral aspect of India's trade policy refers to India's WTO commitments regarding trade in goods and services, trade-related investment measures, and intellectual property rights. The present study analyzes the economic effects on India and other major trading countries/regions of the Uruguay Round (UR) trade liberalization and the liberalization that might be undertaken in a new WTO negotiating round. India's welfare gain is expected ot be 1.1% (11.4 billion) when the assumed future WTO round of multilateral trade liberalization is achieved. Resources would be allocated in India to the labor-intensive sectors such as textiles, clothing, leather and leather products, and food, beverages, and tobacco. These sectors would also experience growth in output and exports. Real returns to both labor and capital would increase in the economy. The scale effect (percent change in output per firm) is positive for all the ten sectors of manufacturing, indicating that Indian firms become more efficient than before. Finally, even if India undertakes unilateral trade liberalization of the order indicated in the WTO multilateral scenarios, it would still benefit, although less so than with multilateral liberalization.
Computational Analysis of the Impact on India of the Uruguay Round and the Forthcoming WTO Trade Negotiations
Fiscal Responsibility And Economic Efficiency:A Functional Approach
In both developed and developing countries, there are basically two main sources of economic instability: exogenous shocks and inappropriate policies. Exogenous shock (terms-of-trade shocks, natural disasters and capital flow reversals) can throw an economy into disequilibrium and therefore require compensatory action. On the other hand, a disequilibrium can be self-induced by poor economic macroeconomic management such as an excessively loose fiscal stance. Therefore, economic crisis are often the result of external shocks and poor management. While the worlds of agriculture are vast, varied and rapidly changing, with the right policies and supportive investments at local, national and global levels, today’s agriculture offers new opportunities to hundreds of millions of rural poor to move out of poverty. Similarly, the construction industry is an essential contributor to the process of development. Roads, dams, irrigation works, schools, houses, hospitals, factories and other construction works are the physical foundations on which development efforts and improved living standards are established. This paper there argued that an efficient and functional fiscal policy can have a direct impact on the poor through the distributional implications of tax policy as well as public spending. However, the genuine reformer is distinguished by courage which is that signal that separates the genuine reformer (undertaking transition) from the weak government (hoping to disguise itself).fiscalpolicy; fiscaldeficit; world; policies; reforms; debt; exchangerate; monetarypolicy; inflation; centralbank; government; poverty; efficiency; revenue; shocks
BLUETOOTH-BASED REAL-TIME LUGGAGE TRACKING AND STATUS UPDATES
A Bluetooth-based real-time luggage tracking and status updating system using a luggage tag with an embedded GPS tracker are presented in this study. The system uses a cloud-based backend system to manage data and notify travelers about their luggage status. It uses a luggage tag, GPS tracker, and Bluetooth connection. The luggage's GPS tracker and Bluetooth technologies allow Bluetooth connection with a mobile application. A cloud-based backend system manages and processes the luggage tag's data. The luggage tag's GPS tracker continually collects luggage location data. The mobile application receives this information through Bluetooth, enabling travelers to follow their bags in real-time. The mobile app lets people connect their luggage tags to their mobile phones and get real-time information on their goods. A cloud-based backend system improves the system. This backend system's secure data storage and processing enables advanced analytics and data integrity. Travelers' luggage status alerts are generated and sent by it. Location updates, status changes, and travel concerns may be notified. The cloud-based backend system improves data management and communication between the luggage tag, mobile app
The Psychodynamics of the Client-Consultant Relationship.
This paper reveals the lack of discovery of the unwritten or unspoken expectations of clients in a client-consultant relationship. Successful management of these expectations on the part of the consultant could lead to fruitful outcomes for both clients and consultants. In addition, consultants who are adept at managing these expectations could gain a competitive advantage in a highly competitive profession. This paper reviews both academic and practitioner literature in relation to factors that are seen as significantly affecting consulting assignment outcomes for both client and consultant. It also highlights the dearth of research on investigation of the interplay, connectedness, and relationship among the various factors identified in isolation in the existing literature. In addressing this gap, the author proposes a conceptual framework with a broad research agenda with research questions to establish the linkages among the significant success factors identified in the literature. This paper makes a valuable contribution toward future research in this respect by providing a clear conceptual framework and robust research agenda
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Middle Voice Construction in Burushaski: From the Perspective of a Native Speaker of the Hunza Dialect
This study is about voice system in Burushaski, focusing especially on the middle voice (MV) construction. It claims that the [dd-] verbal prefix is an overt morphological middle marker for MV constructions, while the [n-] verbal prefix is a morphological marker for passive voice. The data primarily come from the Hunza dialect of Burushaski, but analogous phenomena can be observed in other dialects. This research is based on a corpus of 120 dd-prefix verbs. This research has showed that position {-2} on the verb template is occupied by voice-marker in Burushaski. The author argues that the middle marker is a semantic category of its own and that it is clearly distinguished from the reflexive marker in this language. The analysis of the phenomenon in this study only comes from the dialect of Hunza Burushaski, so a lot of research remains to be done on the other three dialects of Burushaski: Yasin dialect, Nagar dialect and Srinagar dialect
Review of Melbourne local area traffic management schemes 1979-1989
This thesis was scanned from the print manuscript for digital preservation and is copyright the author.
Researchers can access this thesis by asking their local university, institution or public library to
make a request on their behalf. Monash staff and postgraduate students can use the link in the References field
The Lamkang language: grammatical sketch, texts and lexicon
Lamkang is a Northern Kuki-Chin Tibeto-Burman language spoken
primarily in the southeastern region of Manipur State, India. This
monograph is grammatical sketch of Lamkang based primarily on
research conducted by author Harimohon Thounaojam.Published versio
Fiscal Policy Issues for India after the Global Financial Crisis (2008-2010)
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India's current fiscal situation, its likely future development, and its impact on the economy in the context of a weak global recovery from the current crisis. The impact of the global crisis has been transmitted to the Indian economy through three distinct channels, namely: the financial sector, exports, and exchange rates. The other significant channel of impact is the slump in business and consumer confidence leading to decrease in investment and consumption demand. The Indian government, to boost the demand, has announced several stimulus packages. However, there is not much room for further fiscal policy action as the consolidated fiscal deficit of the central and state governments in 2009-2010 is already about 11% of the gross domestic product (GDP). Any further increase in the fiscal deficit to GDP ratio could invite a sharp downgrading of India's credit rating and a loss of business confidence. The paper reviews the existing theories on the relationship between fiscal deficit and growth. It also analyzes the past trends and policy measures to understand the possible implications for economic recovery and long run growth in the Indian context. It also provides a long-term forecast of the fiscal deficit and public debt burden based on the past trends. Finally, the paper suggests a set of policy measures to get the Indian economy back on the path of sustained rapid and inclusive growth.indian public finance; global financial crisis; deficit forecasts; fiscal policies
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