Emergence and persistence of structural imbalances, Microeconomics

Assignment Help:

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.  


Related Discussions:- Emergence and persistence of structural imbalances

The budget line, The Budget Line The line BB gives the persons budget cons...

The Budget Line The line BB gives the persons budget constraint. It is described by the linear equation c + wl = w; which can be rewritten as c = w - wl: The budget li

Solution.., i want to know that ,wheather lithium iodide can be used as red...

i want to know that ,wheather lithium iodide can be used as redox electrolyte? and acetonitrile canbe used as redox electrolyte? ehich is more efficient?n..

Evalution - credit and recoveries, "Micron" is a company,providing micro fi...

"Micron" is a company,providing micro financing facility for various business entities.So far Micron has been in operation for seven years facilitating new business ventures and ex

Define Gibb''s Energy, Gibb''s energy In every chemical system, the substa...

Gibb''s energy In every chemical system, the substance moves in a direction in which there is a decrease in free energy, for example i.e. ?G is negative. G = H - TS where, G is

Market competition., explain why policies for promoting market competition ...

explain why policies for promoting market competition are desireable

Cost sharing in higher education - graduate tax, Cost Sharing in Higher Edu...

Cost Sharing in Higher Education - Graduate Tax Another commonly suggested measure is to tax the employers employing educated manpower. The case for this method is made on the

Monopoly, Tuan lives in a town with only one movie rental store. Suppose Tu...

Tuan lives in a town with only one movie rental store. Suppose Tuan’s demand for movie rentals per month is Q = 16- 2P . The movie store currently charges $5 per movie, but is thin

Perfectly competitive market, Perfectly Competitive Markets * Character...

Perfectly Competitive Markets * Characteristics of Perfectly Competitive Markets  1. Price taking  2. Product homogeneity  3. Free entry and exit * Price Taking

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd