Debt Crisis in Europe
The woes of the economic slowdown and financial crisis in 2011 is largely attributed to the debt crisis in Europe. This is not a recent happening and bubble started growing…
Global financial & economic crisis in 2011
The financial crisis in late 2000, sometimes referred to as the Credit Crunch or the Global Financial Crisis, is generally considered by many economists to be the worst financial crisis…
More plight to common man
Being a tax professional going through the budget changes is what we have to do as a part of our job. When the government presents a budget, the Finance Minister…
Live to earn and die saving
People spend a third of their lives learning to earn money, a third to earn money and another third of their lives to save their money. It is a matter…
SME Lending : A Growth Strategy
SME lending in India has been a neglected target market since the independence. Though, government tried to propagate SME lending using regulations and incentives, however, somehow beneficial impact was never…
FDI and Economic growth
The past decade was marked by the increasing role of foreign direct investment (FDI) in total capital flows. In the late 90s, FDI accounted for more than 50% of all…
Impact of Economic recession on Chinese energy markets
The energy sources of China are extremely rich in natural gas and coal, but relatively sources are lower in petroleum. Thus, today China is over increasingly getting more an more…
United States’ Strategic Sourcing Initiative using e-Governance
USA, the largest economy in the world is facing a fiscal crisis, even now. Ever since 2003, its major economy bearer states like California, there was a major projected budget…
FIFA 2010 the other side
Madness. That’s the only word to describe FIFA World Cup 2010 South Africa. Making the headlines have been the big strikers, players who in days will become larger than life…
Corruption is Business:Part 2
This is a sequel to the article with the same name and is meant to provide some of the possible counter-arguments to the arguments provided in the previous article. Thus…
Corruption is Business – Part 1
Before I dive into the depths of this somewhat perceived as a dirty topic, I feel a disclaimer is appropriate that the text you find below is just a scientific…
Negative Elasticity of Money
Most people are aware of Price Elasticity of Demand, even if they don’t know the term. The logic is simple, if you raise the price of your product I won’t…