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

Find the market-clearing price and quantity of burritos.

Supply of a commodity is functionally related to its price. The law of supply rated to this function relationship between price of a commodity and its supply. In contrast to the in


Inflation And Unemployment: Inflation describes a persistent and an appreciable increase in the general price level. The inflation rate is measured as a percentage change in a

Question 1: i) Elaborate on how CPI is used to calculate inflation and what are the limitations of such a measure? ii) Growth is always beneficial. Discuss iii) Explain

Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en

Cardinal Theory: An Introduction In cardinal approach, utility is measured cardinally or numerically in terms of money. The consumer not only knows which one is preferred but

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

would a rational producer be concerned with the average or marginal product of an input in dec