We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Analysis of Salient Macroeconomic Parameters of India - Assignment Example

Comments (0)
Summary
The paper "Analysis of Salient Macroeconomic Parameters of India" states that high GDP growth rate coupled with effective measures in reducing the unemployment and inflation rate has put the country in a big league as one of the prominent economies of the world. …
Download full paper
GRAB THE BEST PAPER
Analysis of Salient Macroeconomic Parameters of India
Read TextPreview

Extract of sample
Analysis of Salient Macroeconomic Parameters of India

Download file to see previous pages... In PPP terms, it is quite evident from the above figures that the economy of India is growing at the average rate of 9 percent, which is certainly a good feat in the wake of liberalization and globalization process undertaken during the 1990s. The inflation rate has been growing steadily since the year 2005. Rapid economic growth in India has brought the perils of high inflation rate which was estimated at 10.9 and 12 percent in the year 2009 and 2010 respectively; however, in the year 2011 due to appropriate monetary policy by the Central Bank, it has reduced to 6.8 percent. The high inflation rate in India is causing great inconvenience to the people. (Inflation rate 2011)
As per the report released by the Labor Ministry in October 2011, the unemployment rate in India was estimated at 9.4 percent during the fiscal 2010-11 which is certainly a matter of great concern. The government was confident of creating 58 million additional jobs by the end of 11the five-year-plan in 2012. Though India has been agrarian economy until the turn of this century in last one decade things have changed drastically as a contribution from services in the country's GDP has reached to almost 59 percent by the year 2010. (The government 2012) In its report of May 3, 2011, the Reserve Bank (Central Bank) specified that the Global economy was in an uncertain state. Inflation was the nagging issue on the domestic front due to high food prices. The policy document clearly specified that the goal of monetary policy was to nail the supply-side inflation. High inflation causes investment uncertainty. The policy document spelt out the necessity to bring down the inflation even at the cost of growth. Accordingly, Central Bank revised the interest rates upwards and raised the repo rates. Even CRR was often revised to take the excess money out of the market. That really helped to cool down the economy and brought the inflation rate at a moderate level. Thus, Central Bank keeps a strong vigil to control inflation and unemployment rate through its effective monetary measures. (Monetary Policy Statement, 2011) ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Industry and Macroeconomic Analysis
Many developing and developed countries of the world have encountered the recent property hike. The total size of the world real estate market is approximately $14.5 trillion (Hughes & Arissen, 2005). Most of the developed countries contribute the most to this amount.
12 Pages(3000 words)Dissertation
MACROECONOMIC and MICROECONOMIC ANALYSIS
The company is involved in geological exploration, transportation, storage, processing and marketing of hydrocarbons as well as generation and marketing of heat and electric power. It was established in 1989. Gazprom Russian Joint Stock Company came up in 1993 under the guidance of USSR gas industry ministry.
5 Pages(1250 words)Assignment
Macroeconomic Data Analysis and Report
The United Kingdom has been selected for economic comparison with Saudi Arabia. These two countries have different social, political and economic structures, and this explains the different economic directions they exhibit. The variables that are taken into consideration in this work comprise of population, exchange rate with the US dollar as the base currency, purchasing power parity and ratio of gross national product to gross domestic product.
3 Pages(750 words)Essay
Macroeconomic indicators of India and Vietnam
According to the paper, India and Vietnam are growing into important global outsourcing countries for other economies. The countries are the major players in the South-East Asia, including that they are major suppliers of services and labour. The paper contains recommendations on the strategies that can improve competitiveness of their economies.
8 Pages(2000 words)Essay
Apply appropriate macroeconomic analysis
The government expenditure cut by ten percent According to Mankiw and Taiylor, National; Income is the total goods and services supplied thus, implies to the total actual wages paid to labour (MPL x L) and the overall real benefits to the owners of capital (MPK x K).
6 Pages(1500 words)Essay
Macroeconomic Problems and Analysis
The Phillips curve, named after A.W. Phillips, shows how inflation and unemployment are said to be inversely related. His hypothesis is primarily based on his observation with regard to the prevailing economic conditions in Great Britain from the onset of the 1900s until 1958.
5 Pages(1250 words)Essay
Macroeconomic analysis of France
As seen from above table, the GDP of France was increasing for last two years at a relatively steady pace. However, the last year seen decline in GDP growth rate where the GDP grew by
4 Pages(1000 words)Research Paper
Macroeconomic Analysis
The Uncles idea is very fine as it would diversify his income base of the coming day’s but there is other economic possibilities provided by the feds which would affect the demand and supply of the uncle’s properties. Through collection
2 Pages(500 words)Essay
LTE measurement parameters analysis
The required standard of LTE is established by the third generation partnership project .The standards of this technology are explained in the standard release document sequence. The
7 Pages(1750 words)Essay
Case analysis: Macroeconomic concepts
The main macroeconomic concepts highlighted in the article include are aggregated demand, business environment and business cycle. Aggregated demand is applied with the reference to consumer confidence since the later is determined by the total cost of services and goods demanded by the consumers.
1 Pages(250 words)Essay
Let us find you another Assignment on topic Analysis of Salient Macroeconomic Parameters of India for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us