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Archive for category: Economy


LIBERALIZATION: PROBLEMS AND PROSPECTS

21 September, 2008

Economy | Author live7n

At the end of 1 980s India found itself facing an extreme economic crisis High fiscal and Balance of Payments deficits growing unemployment poverty, two-digit inflation a non-performing public sector enterprise depleted resources’ of the State and Central Governments and virtually” non-repayable’ external debt made the whole economic scenario so much gloomy that some strong [...]

THE ECONOMIC AND SOCIAL COUNCIL (ECOSOC)

19 September, 2008

Economy, World Organizations & Community | Author live7n

ECOSOC is composed of 54 members elected for a three-year term by two-thirds of General Assembly member-states. Members are elected according to a system based on geographic distribution.
Each member has one vote. A majority of the members is required for making decisions. The president of the Council is elected annually. The retiring members as well [...]

Is International Trade is a Scale of Economic Growth?

4 October, 2007

Business, Economy | Author live7n

No country in the world is self-sufficient to meet every demand of her people. Even you can hardly get a country that can produce all it needs. Different nations of the globe export their saved goods or production to the other countries to help others. Some countries are expert in producing electronic goods but now [...]