The paper focuses on India's economic system, economic reforms and various policy measures in relation to increasing share of international trade, monetary policy, floating rupee free in relation to major world currencies (a free floating exchange mechanism). …
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The research paper Economic and Political Situation in India discusses the Foreign Trade Policy of the country and Indian economy’s resiliency. India's economic growth and foreign trade has taken new dimensions in recent years and it has expanded considerably. Looking at the huge population base of India, this is indeed a good sign for the country and the world economy. For last several years, India’s GDP is growing at the average rate of more than 7 percent; however in order to maintain high economic growth rate and a recognition in the International arena, India needs to continue with high-powered performance in foreign trade. India's major policy initiatives began in July 1991, which catapulted the country in the high growth rate trajectory. The reforms undertaken were responsible for high export growth rates in the last few years. International trade is likely to become a major stronghold of the Indian economy if the country continues with more reforms in years to come. An independent monetary system is essential for a country to manage macroeconomic factors and for the smooth economic growth of the country. In this perspective, it is pertinent to study the monetary system of India. The Reserve Bank of India (RBI), the central bank, has money management policy in the form of regulating base interest rates and making changes in Cash Reserve Ratio. Objective is to contain inflation rate and liquidity in the market to stabilize macro economy of the country. Besides, RBI also announces a credit policy every quarter.
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(“Economic and Political Situation in a Developing Country (India) Essay”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1584527-economic-and-political-situation-in-a-developing-country-india
(Economic and Political Situation in a Developing Country (India) Essay)
“Economic and Political Situation in a Developing Country (India) Essay”, n.d. https://studentshare.org/macro-microeconomics/1584527-economic-and-political-situation-in-a-developing-country-india.
The researcher of this paper aims to evaluate and present The Primary Effect of Foreign Bank Operations on the Developing Economies; Microeconomic Impact of Foreign Bank Entry into the Developing Countries: Structure, Conduct and Performance Studies; Effect on the Domestic Banks of Developing Nations and Impact on the Financial Sector of the Developing Economies
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Sources 28 Methodological Framework 32 Conclusion 37 Chapter 4: Findings and Analysis 38 Introduction 38 Presentation of Empirical Results and Interpretation 39 Analysis of Result 53 Conclusion 55 Chapter 5: Conclusion 55 Introduction 55 Summary of the Study with Emphasis on Key Findings 56 Implication of Findings 57 Direction for Further Research 58 References 59 Bibliography 62 Appendices 63 Chapter 1: Introduction Background of the Study The economy of India has undergone an intense evolution over the previous fifteen years, due in large part to restructurings instituted by the current prime minister, a respected international economist and a former finance minister (Kanuk, 2007, p.1).
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The author of the paper states that on the immediate situation, the movement has affected the economy. In the sector, hotels, restaurants, and retail are the most affected. In 2013, 41 million visitors from mainland China went to Hong Kong. This year, the number of visitors from the mainland has gone down.
8 Pages(2000 words)Research Paper
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