Global Recession and Economic Recovery
Contents: Preface. Introduction. 1. Globalisation, global meltdown and the Indian economy: challenges ahead/P.C. Panda, S. Pati and Sudhakar Panda. 2. The global economic crisis and its impact on India/S. Narayanan. 3. Impact of the global economic crisis on the Indian economy/Niraj Kumar and A.C. Jha. 4. Global economic crisis and the Indian economy: an analysis/Shrawan Kumar Singh. 5. Impact of the global economic crisis on SMEs in India/N. Sudhakara Rao. 6. Global meltdown: its impact on fiscal scenario of the central government/P.K. Bhargava. 7. Global financial crisis and the Indian economy: myth and reality/Md. Qaiser Alam and Md. Shabbir Alam. 8. Global economic crisis and growth: dynamics of the Indian economy/S.S. Choudhary and Arun Prabha Choudhary. 9. Strategic importance of business process outsourcing in India\'s service sector/Pradeep Kumar Singh, Anup Kumar and U.S. Rai. 10. Impact of global recession on Indian economy/A.K. Khan. 11. A study identifying factors considered for evaluating the global economic crisis/Kamesh Kumar and Shatyaki. 12. Is India really immune to the global meltdown?/Purabi Borthakur. 13. Global economic crisis and its impact on India/S. Natchathira Jothi. 14. Impact of the global financial crisis on the Indian economy/Puspa Tarafdar. 15. Global meltdown and Indian economy/Anil Kumar Thakur, Manindra Kumar Singh and P.S.K. Sudheer. 16. Global economic crisis and its impact on the Indian economy/V.B. Chaurasia. 17. Financial meltdown and its impact on the Indian economy/K. Hari Haran. 18. International economic crisis and the Indian economy/Md. Reyazuddin and Yogendra Kumar Singh. 19. Housing bubble and credit derivatives as factors behind the financial crisis/Vinod Kumar Singh and Niraj Kumar Verma. 20. The global economic crisis and the Indian economy/T.G. Gite. 21. The global economic crisis and the impact of the Indian job market/Kishore Kumar Roy Choudhury. 22. The global economic crisis and the Indian economy/Kamna. 23. Tackling unemployment problem under global recession: can self-help groups be the solution?/Rekha Ramesh Gaonkar and Elizabeth Joey Henriques. 24. Can the present post-crisis recovery be sustained?/Saroj Sinha and C.K. Shahi. Index.
The global financial meltdown and consequent economic recession, in developed economies, have affected the entire globe. The basic cause behind this was sub prime crisis that started around 2007. It affected financial institutions in the United Stats and Europe including the shadow banking system comprising inter-alia investment banks, hedge funds, private equity and structured investment vehicles. The collapse of the Lehman Brothers in mid-September 2008 further aggravated the situation leading to the crisis of confidence in the financial markets. India could not insulate itself from the adverse developments in the international financial markets. In the beginning, the effect on the Indian economy was not significant but soon the impact was visualized through capital and current account of balance of payments. The Indian economy experienced extreme volatility in terms of fluctuations in stock market prices, exchange rates, inflation levels and levels of employment. The present edited volume is a sincere effort towards analysing Global Recession and Economic Recovery. This volume includes 24 papers, which, very comprehensively, analyse several dimensions of global economic recession and the measures taken for economic recovery.
The present volume contains 24 research papers, presented at 92nd Annual Conference of Indian Economic Association on December 27-29, 2009, at KIIT University, Bhubaneshwar, Orissa. (jacket)
The global financial meltdown and consequent economic recession, in developed economies, have affected the entire globe. The basic cause behind this was sub prime crisis that started around 2007. It affected financial institutions in the United Stats and Europe including the shadow banking system comprising inter-alia investment banks, hedge funds, private equity and structured investment vehicles. The collapse of the Lehman Brothers in mid-September 2008 further aggravated the situation leading to the crisis of confidence in the financial markets. India could not insulate itself from the adverse developments in the international financial markets. In the beginning, the effect on the Indian economy was not significant but soon the impact was visualized through capital and current account of balance of payments. The Indian economy experienced extreme volatility in terms of fluctuations in stock market prices, exchange rates, inflation levels and levels of employment. The present edited volume is a sincere effort towards analysing Global Recession and Economic Recovery. This volume includes 24 papers, which, very comprehensively, analyse several dimensions of global economic recession and the measures taken for economic recovery.
The present volume contains 24 research papers, presented at 92nd Annual Conference of Indian Economic Association on December 27-29, 2009, at KIIT University, Bhubaneshwar, Orissa. (jacket)
