Emergence and persistence of structural imbalances, Microeconomics

Emergence and Persistence of Structural Imbalances:

The period broadly corresponds to the period of the Sixth Plan and the Seventh Plan. The Sixth Plan was launched when the economy was faced with severe BOP difficulties. In 1981, India entered into an arrangement with the IMF for a loan of SDR billion under the Extended Fund Facility. The amount was to be disbursed over a three-year period. India, however, drew only SDR 3.9 billion and the arrangement was terminated in early 1984 at India's request because of the improvement in the BOP position in 1983-84. The deficit on external trade and payments suddenly jumped from the first year of the Seventh Plan and was particularly acute during the last two years of the plan. The CAD more than trebled over the Plan period as a whole, the deficit was as high as 2.2 per cent of the GDP, as compared to 1.3 per cent during the Sixth Plan.  

Posted Date: 11/15/2012 12:27:04 AM | Location : United States







Related Discussions:- Emergence and persistence of structural imbalances, Assignment Help, Ask Question on Emergence and persistence of structural imbalances, Get Answer, Expert's Help, Emergence and persistence of structural imbalances Discussions

Write discussion on Emergence and persistence of structural imbalances
Your posts are moderated
Related Questions
Can marginal cost be constant? If so, does this mean that marginal cost are equal to average variable cost?

Suppose that the total revenue function of a firm is given by TR(q) = 120q - 2q^2, where q is the level of output. Find the level of output q that will maximize the firm’s total re

how does economics bridge the gap between economic teory and practise

Elasticity- a) The price of good X goes up by 2.75%, the quantity demanded of good Y goes from 10,500 units to 25,000.  What is the Exy?  What does that number mean?  What is th

determination of rent

Open Access Regime Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

If we have two products, A and B, which are substitutes, we can expect that a rise in the price of A (or B) will cause the demand for B (or A) to go up.” Examine this statement wit

Is it true to say that inflation can only sustain with the increase in money supply?  Inflation can only be sustained if there is a persistent enhance in money supply. If there

Once the organization has decided to move forward with the development of a new or modified system, it is time to determine what tasks are necessary to move the project from initia

what the third degree price discrimination with case study of two successfull and unsuccessfull cases?