Already have an account? Get multiple benefits of using own account!
Login in your account..!
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Financing of the external payments deficit:
The trend in India's widening CAD during the second half of the eighties, both in absolute terms and also as a proportion of the GDP, increased the need for securing an adequate flow of external finances. This was crucial to prevent the country from being forced to accept further cuts in the flow of imports from abroad. The situation needs to be viewed in terms ofthe prevailing state of the country's external indebtedness and the potential of her future borrowings by the end of the eighties. The table below presents the scenario obtained in this regard.
External finance could in principle be availed of from multilateral official sources brimarily IMF), external commercial borrowings including supplier credit, NRI deposits on a short-term basis and, finally, by preventing herself from further depletions, from the country's foreign exchange reserves. Of these, the net flows of finance from the IMF had already become negative' by 1985-86. The other sources of external finance (including both corporate borrowings and NRIs at commercial terms), began to acquire significance only by the early nineties.
Notwithstanding the steady rise in gross authorisations of ECBs since the beginning of the eighties, net disbursements was slow to follow during the period 1985-86 to 1988-89. In the meantime, debt servicing on ECBs moved up steadily, and the authorised ECB credit maintained an upward trend over the period. In sum therefore, the situation by the end of 1980s was one in which the debt charges (interest and arnartisations) increased at a faster rate than gross disbursements of external loans.
What was the classical models
Q. How much money can banks create? Does that mean that banks can create an unlimited amount of money? No the answer is no - it would require them to lend an unlimited amount o
what is phillips curve
Determine the term- GDP per capita GDP, being a flow, isn't a measure of the total wealth of a country though a measure of the "income" of country during a certain period of ti
discuss approach to organizational design
Lucas’ point of view, what are the limitations of the Keynesian model? What improvements does he suggest?
QXd = 14 - (1/2)PX and QXs = (1/4)PX - 1 Instructions: Round your answers to the nearest whole number. a. Determine the equilibrium price and quantity. Show the equilibrium g
Because the structure of the personal income tax is progressive, a larger share of income is taxed at higher rates as real income increases. Therefore, economic growth automaticall
#question. BANK Z (@ 10% RR) ASSETS LIABILITIES RR: K200,000 Deposits : K2,000,000 ER : K1,800,000 You are given the above Balance sheet for Bank Z as
You just inherited a house with a market value of $300,000, and do not expect the market value to change. Each year, you will pay $1,000 for utilities and $3,000 in taxes. You can
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