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Economy
Economic Information
- Rural Energy, Education, And Health Care For All
- Issue March 2014
- Success Of Micro-hydro Projects In Nepal
- Issue 43, October 23, 2011
- Newly Appointed CEO and NEA
- Issue 38, September 18, 2011
- Innovation, Education, And High Speed Infrastructures
- Issue 05, January 30, 2011
- Exploring Minerals In Nepal
- Issue 34, August 22, 2010
- How Visa, Using Card Fees, Dominates a Market
- very day, millions of Americans stand at store checkout counters and make a seemingly random decision: after swiping their debit card, they choose whether to punch in a code, or to sign their name.
- Harvard Swaps Are So Toxic Even Summers Won’t Explain (Update3)
- Anne Phillips Ogilby, a bond attorney at one of Boston’s oldest law firms, on Oct. 31 last year relayed an urgent message from Harvard University, her client and alma mater, to the head of a Massachusetts state agency that sells bonds. The oldest and richest academic institution in America needed help getting a loan right away.
- The dark side of Dubai
- Dubai was meant to be a Middle-Eastern Shangri-La, a glittering monument to Arab enterprise and western capitalism. But as hard times arrive in the city state that rose from the desert sands, an uglier story is emerging. Johann Hari reports
- Shares markets gripped by Dubai debt uncertainty
- Worries over Dubai's debt problems have rattled Europe's share markets for a second day running.
- What is deflation?
- If there is one word to get an economist quaking in their boots, it is deflation. Many major Western economies are in recession and others are heading towards it. Some experts are warning that deflation could be next. It is what happened in the Great Depression of the 1930s and in Japan in the 1990s. "Deflation is, as it sounds, the opposite of inflation," said economist Diane Coyle on BBC World Services' Analysis programme. "It means that the general level of prices is falling consistently over quite a long period of time.
- Gold hits new high on India deal
- The price of gold has touched an all-time high after a large sale of the precious commodity by the International Monetary Fund (IMF) to India.
- The Chinese Disconnect
- Senior monetary officials usually talk in code. So when Ben Bernanke, the Federal Reserve chairman, spoke recently about Asia, international imbalances and the financial crisis, he didn’t specifically criticize China’s outrageous currency policy.
- Wall Street's Naked Swindle
- A scheme to flood the market with counterfeit stocks helped kill Bear Stearns and Lehman Brothers — and the feds have yet to bust the culprits
- Mobile phone and Money
- According to Economist, Mobile phones have transformed lives in the poor world. Mobile money could have just as big an impact. The use of mobile phone as a way to do banking is a neat idea. This is bridging the distant gap making the world even smaller place to live. Now Money can move at the rate of telephone call. Today, it takes 3-5 business days to transfer money from institutional banks. If you go to money transfer agents, it is within 24 hours. Now with the phone, it is as fast as texting the message.
- LEVERAGE AND DEBT: THE IMPACT OF TODAY’S CHOICES ON TOMORROW
- Thomas M. Hoenig President Federal Reserve Bank of Kansas City
- How Did Economists Get It So Wrong?
- It’s hard to believe now, but not long ago economists were congratulating themselves over the success of their field. Those successes — or so they believed — were both theoretical and practical, leading to a golden era for the profession.
- Indian inflation turns negative
- Inflation in India has turned negative for the first time in more than 30 years, official figures have shown.
- Soros Says CDS are Destructive, Should be Outlawed
- Credit default swaps are "instruments of destruction" that should be outlawed, billionaire investor George Soros said on Friday. Soros said the asymmetry of risk and reward embedded in CDS exerted so much downward pressure on the bonds underlying the contracts that companies and financial institutions could be brought to their knees.
- 'Indian executives feel least vulnerable amid slowdown'
- Industry executives in India feel least threatened by the economic slowdown or by prospects of an extended recession than their global counterparts. In fact, they are the most optimistic about a global rebound in economic fortunes, according to McKinsey’s Global Executive Survey completed in April this year.
- Global financial crisis: Great opportunity for India and China to collaborate
- "The opening of the third border pass between China and India could become a gateway for India-China tourism from Tibet to Sikkim and vice-versa," it noted. By 2011, when Nathu La is scheduled to be open for tourism, more than 300,000 Chinese are expected to travel through the mountain passes.
