Science topics: Economics
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Questions related to Economics
Transfinancial Economics.
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My developing project would have relevance to the question of the environment, and energy policy http://www.p2pfoundation.net/Transfinancial_Economics R.Searle
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Apologies for the long delay! Yes, I agree with your sentiments to a large extent but whether we like it, or not we are dominated by the financial system. We need to be more pragmatic, and not go off into "metaphysics" on this subject.
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African Journal of Business Management (AJBM) 5(11) published our paper wrongly titled. Before 1 week we sent two emails to the editor (Dr. Olawale Olufunso Fatoki) in this regard but he is not responding. It was necessary to correct the title as per proof as it was the journal's management fault.
Researchers community is requested to help us by condemning the behaviour of the editor and management of AJBM.
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Muchas gracias
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U.S. growth has fallen off a cliff and no amount of "stimulus" seems likely to get it back on track. Economic growth in Europe is stalled as well, and the continent is further jeopardized by the potential collapse of Greece and the European Union (EU). Even Australia and Canada, both with strong mineral and energy sectors, seem to be slowing as demand wanes in the wealthy West.
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This is the problem wit many developing countries economic growth coupled with high levels of poverty, inflation and corruption.d institutions need to be overhauled for proper development to take place.
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I want to conduct my MS research on the above topic. If someone can help me in this regard, I will be much obliged.
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It depends on what methodology you are adopting, eg. the forecasting model can be based on regression analysis or neural network depending on your data sets. Some forecasting models which we had done are on rice and rubber in Malaysia. But I think logistics would not be a problem in demand forecasting.
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Currently, I am working on a thesis social capital, access to credit and production efficiency.
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Social capital refers to the collective value of all "social networks" [who people know] and the inclinations that arise from these networks to do things for each other ["norms of reciprocity"].
The term social capital emphasizes not just warm and cuddly feelings, but a wide variety of quite specific benefits that flow from the trust, reciprocity, information, and cooperation associated with social networks. Social capital creates value for the people who are connected and - at least sometimes - for bystanders as well.
Information flows (e.g. learning about jobs, learning about candidates running for office, exchanging ideas at college, etc.) depend on social capital norms of reciprocity (mutual aid) are dependent on social networks. Bonding networks that connect folks who are similar sustain particularized (in-group) reciprocity. Bridging networks that connect individuals who are diverse sustain generalized reciprocity. Collective action depends upon social networks (e.g., the role that the black church played in the civic rights movement) although collective action also can foster new networks. Broader identities and solidarity are encouraged by social networks that help translate an "I" mentality into a "we" mentality. What are some examples of social capital? When a group of neighbors informally keep an eye on one another's homes, that's social capital in action. When a tightly knit community of Hassidic Jews trade diamonds without having to test each gem for purity, that's social capital in action. Barn-raising on the frontier was social capital in action, and so too are e-mail exchanges among members of a cancer support group. Social capital can be found in friendship networks, neighborhoods, churches, schools, bridge clubs, civic associations, and even bars. The motto in Cheers "where everybody knows your name" captures one important aspect of social capital.
I hope you understand the view about social capital.
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My objective is to evaluate the effectiveness of BEAC's ( Bank of Central African States) main interest rate ( TIAO) is an effective tool of monetary policy.
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read "Humanomic Economy vs finansocracy
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Dear fellow travelers,
I am Ph.D student and pursuing research on governance and public service delivery. Kindly suggest me different methodology, tools and techniques used to measure quality of public service delivery.
Regards,
Debabrata Samanta
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i am suggesting u make use of Computable General Equilibrium (CGE) to do your analysis. the CGE model would enable you analyse the effects of each government policy on the various sectors of interest to your study.even if u dont use CGE, try using any of the general equilibrium techniques.wishing u all d best.
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Example Nigeria
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I live in one of those countries. So this perhaps can be a different perspective to answer the question.
Before the globalization, living was about surviving. And education was only needed so people won't get deceived by others. The role of moral was much more than the law enforcement. This is because living is quite easy. Wants weren't much like today's. The supply for needs is abundant and it affected the way of how the people interact with the sources. It became culture. This is just to contrast for those who are living in a place where natural resources are hard to get.
The globalization era has changed lots of mindset over needs and wants, but not entirely change the way of people to interact with the natural resources. People in those countries then became very consumable toward their new needs and wants. The era also has brought interests from foreign countries in the form of military invasion, moral, industrial, and so on, which inevitably taking the sources from the people. By obvious way (military invasion) or the opposite (moral degradation triggering corruption).
So this would be a point of view from the culture and mindset of people in those countries toward the resource management.
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Performance indicators
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I am not sure what your question is. however, performance of banking sector can be analyzed on the following 
Number of branches, number of employees, deposits, growth in revenue, number of account holders (need to be careful with this measure)... and many more
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Dear members
here are the links to two specialized group may interest you.
Please consider to join:
and,
Thanks
Adrian Toader-Williams
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I am a member of the first
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Growing economic and social inequalities among the nations and groups within nations demanding New Economic Order. Which economic philosophy should this new economic order follow? Smithian Philosophy or Marxian Philosophy? Or some new Philosopher this world have today?
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Reade Holtslander
I agree with you. Time changes, values are being adjusted as humanity grows up. A real evolution should encompass the "growing out of certain inhumane behaviors" and "growing out of abuse and addictions" and why not mention here "growing out of envy, hatred, mania grandori, hunger for power etc.
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Now, you can find my case analysis of Nike.INC: Cost of Capital on my blog as follows:
-This case can be a complex case in which we can doubt about sensitivity analysis done by Kimi Ford (portfolio manager) too.
-Which method is to calculate cost of debt better than others?
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Which method you already used to calculate the cost of debt?
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I am working on agricultural credit but i face problem in using approperate methodology ,,,, besides i had use the cob dougls production function approach but it is based on certain assumptions,,,,,,,,, so pls help me in applying the approperate methodology....thanks
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You may use Linear programming which is one of the best approaches for estimating capital needs of different groups of farmers. You may also use budgeting .It analyses the probable effects on costs and returns of the various alternative systems of enterprise combination or resource use.
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I've Caused a “Run” on Still Another European Bank!
An Italian economics' professor suggested that I should win the Nobel Prize for Economics this year; and, if I did not a serious blunder would have been perpetrated! He said: “It should go without saying that anyone who possesses the savvy to cause two (one Swiss [Please see my How I Topsy-turvied the European Economic System, www.scribd.com/thewordwarrior]; one Italian) European banks—one of them one of the world's most illustrious banking institutions—to suffer a “transmission hemorrhage” that blatantly compromised the stability of their operations, that individual must be recognized for his super-sophisticated maneuverings and meat-and-potatoes economic insights.”
I was flattered. Knew, though, that it was just a pipe dream of his. Anyway, who wants it! I realize precisely that fame as an economic guru would have many shortcomings. Perhaps I would acquire a stressed, Alka-Seltzer-like complexion as have both Jean-Claude Trichet, president of the European Central Bank, and Ben Shalom Bernanke, Chairman of the Board of Governors of the DisUnited States' Federal Reserve System. Guest appearances on BLOOMBERG and CNBC where beautiful women would attempt to elicit important financial facts from me, mettlesome paps and journalists to haunt my life, and being in the limelight, people, keen to have my opinions, would forever not leave me in peace. (Can you imagine what I would say to Bono if he called me and suggested that he had some advice for me?) Such would be the consequences I would be saddled with simply because I had shaken up and caused explosive tremors in the stodgy, often malfeasant, international banking sector. Thousands of others could do exactly what I did. OK! Hundreds of thousands! The problem is they have not.
What happened this time was an event we may consider purely fluky. But before I find so much joy in revealing this astounding tale, I must pause and give a layperson's overview of the complicated, cryptic Italian banking system—just to put things into perspective for you, my dear reader. This detour will not be laboriously long, I promise, and I am sure you will agree with me that its succinct sum-up is essential if only to clarify and substantiate a series of reverberations, which soon follow, that easily could be represented in an entertaining and profitable film production.
Italian banks should have WARNING: PROCEED WITH THE UTMOST CAUTION signs at their entrances. Just to be polite—for starters. The Italian banking system is still in many ways a traditionally localized feudal network, and an elitist, smug affectation can be found in most of these noses-up institutions. Bank charges are outrageous, a businessperson must have accounts in three or four financial institutions to be able to adjust to the frequently changing economic winds, and Italians blabber disparagingly about their medieval thrifties more than they do about the chassis of their tin-can-like FIATs.
The Italian Banking Association reported that in 2004 there were 792 Italian banks down from 1156 in 1990—a considerable consolidation effort having been made. At first, one might think that the government has been making an attempt—in fact, is under international pressure to do so—to merge the country's baby banks with larger ones. But, be careful! In 1990 there were 17,721 bank branches; in 2004 there were 30,553! There are now about 11 major banks, 11 large ones, 31 medium-sized banks, 609 minor banks and 130 small banks. (“My uncle owns a bank. Do you want me to help you get a loan?”) So, an integration “elbow greasing” has been hurriedly achieved but with the trauma of higher bank charges and personnel dislocations coming as a result of the streamlining and, of course, these managerial landslides have added to the economic woes Italians are now burdened with. What is startling about this glut is that 20% of Italy's population is over 65 years of age, and Italy has one of the lowest birth rates in the world! Something is rotten in Italy's banking affairs and obviously very stupid.
If I told you I was being ripped off by my Italian bank, I am confident you would not be at all surprised. For sure, you would retort post haste: “So am I!” Wherever you are—at least in the industrial world—there is an enormous cry of foul being heard from tens of millions of people fed up with this or that banking heist. Nonetheless, I wish to point out that Italians do it better! I am certain Italians are more disgusted than most about their bankers' not slight peccadilloes simply because there is more not funny monkey business going on in The Boot. About a month ago, I read a TWEET blazoningly proclaiming that 10% of Italy's GDP is laundered money! I thought that figure was an underestimation. When Italian stocks go up, Europe's stocks go down. When European stocks go up, Italy's go down. Italians are masters of look and cooking—book cooking! Italy's finances have one foot in the grave and another on a banana peel. Exterior dramatic collisions are in store for all Italians, and those of you in far away posts will also be included in this soon-to-be debacle just as you have been hurt by Portugal, Ireland, Greece and Spain's (PIGS) immoderate, venal living styles. The party is almost over.
Holding in mind this universal repugnance—the same one you hold, reader!—that Italians harbor for their banks, you can see then why it might have been easy for me to find my way to my stunning upending of a second European bank. The Fathers of the Roman Catholic Church introduced to us the philosophical first principle, known to Scholastic philosophers, called Common Consent. I am not going to apply that precept here to prove the existence of God—or a god. No, I will use it to prove just how deceitful Italian banks are, and try to stimulate you to use Common Consent to even haul some of your own bankers off to the hoosegow. In unity there is strength.
Italian banking is a pisshole filled with writhing worms and their scum which is nurtured by ample indefinite quantities of graft, corruption, wrongful conduct, bribery, chicanery, favoritism, thievery, misrepresentation, deceptiveness—have I left anything out? I do not like it one bit! I feel so fine today that I was capable of causing a “transmission hemorrhage” in one of them, and that it eventually led to a judgment of dismissal for that bank's president!
The first step I took was to collect and analyze the facts surrounding all the particulars that I had accumulated over the years concerning Italian banking. That gathered intelligence was crucial to my strategy. I did my homework very scrupulously. I considered an umpteenth quantity of propositions. I was determined. I was measured, unhurried. I had one shot in my chamber, and I had no intention of missing the bull's-eye. I knew I was in the right as I closed in on the enemy. I smelled his blood.
The information of an acquaintance of mine was my starting point. He had glibly told me that he was forced to chisel on his tax returns simply because the Italian government took such a high percentage of his company's profit—so much so that if he had not cheated, he would not be left with any capital to invest in his establishment. I had knowledge of many other Italian entrepreneurs, many of whom had confided in me, that they themselves hoarded much of their net incomes in foreign, particularly Swiss, Luxembourgian and German, banks. “Everybody is doing it!” That is, everyone who has cash to stash beyond borders.
This simpatico somebody also let on that he was a very close friend of the president of the local bank I was about to bleed, and that that business executive was also thoroughly disgusted with Italy's tax-collecting system. (Birds of a feather flock together.) I loaded my weapon.
My one and only shot was this: On the Ides of March MMXI, I composed a memorandum addressed to my friend the ex-director of the Italian secret services, the useless DisUnited States' ambassador to Italy in Rome, and the Federal Bureau of Investigation in Washington, DC. Off the memo went. I also sent a copy to the Florence, Italy police chief.
In that communication, I simply listed the names and addresses of my acquaintance and his friend, the president of the bank in question, adding that I had information that would deem it logical for the Banca d'Italia to perform a full-scale investigation of the bank in question. I made no accusations and let the memo speak for itself. I waited about a month for the replies that I knew were not coming, and when they did not, I made copies of the memo and distributed them in bars and beauty shops around the areas where the midget bank and its five or six branches existed. The “run” was underway! Common Consent! Critical Mass!
Just to keep everyone honest, on 15 May MMXI, I sent a letter to the president of Italy and again to the frivolous DisUnited States' ambassador sadly stating that no one had replied to my 15 March MMXI memo. Not even the Florence police chief! That piqued someone's interest—finally! I was summoned to appear at the DIGOS (Italian police investigative division) office in Florence, and they kindly asked me to explain why I was writing these memorandums. I expressed my concern for the Italian banking system. So did they! Then I asked: “What took you so long?”
It is important to realize that Italian police have an impossible task trying to keep straight Europe's most corrupt nation. In Florence, the offices of the DIGOS are understaffed, piles of dossiers are stacked on investigators' desks, and in the bureau where I was interrogated, four agents were cramped in together while the almost summer heat made the air-conditioned-less area stifling. The DIGOS functionaries were efficient, serious police officers. The individual who questioned me, Riccardo Lamperi, is a professional that all Italians should be proud of. But, he was stressed beyond normal and deeply concerned that his force lacked the manpower and means to effectively perform their duties. I compiled another memo and sent it to the president of the DisUnited States, Barack Obama, lauding Riccardo's abilities.
Acknowledging the good sense of the Banca d'Italia auditors is imperative. The president of the bank we bled in Tuscany was relieved of his “command” when his loony, criminal accounting habits were uncovered. His story has not run itself out yet because for all his efforts, he has been assigned a key role in the Silvio Berlusconi administration even though he is under investigation for corruption in Tuscan building dealings which had been contracted under his auspices during his bank president days! Come on down to Italy and steal!
My dear reader, are you proud of me? I am TheBankBuster!
It's easy to cause a run on a bank whether it be a major Swiss concern or a teeny-weeny Italian affair. Believe me. You must always keep one thing in mind: The felons that are holding your money think they are doing you a great favour! They swear that without them things would be terribly worse! Do not believe that! Bug them, torture their minds asking them just how their shenanigans are of benefit to you and your community. No violence. No dirty tricks. No emotional arousal. Be tenacious. Be boisterous. Be icy. Study the words “dignity” and “courage.” Become a BankBuster, too! Gather your forces. Common Consent. You will sleep well at night, feel a tingling, happy sensation all over yourself, and, above all, you will not be an inert accomplice to banking crimes. If you do not, the international financial system will sink on your watch, and you will swim with the Italians in their fiscal cesspool. Until you get moving, have a nice nightmare! Good luck, BankBuster!
Authored by Anthony St. John
1 June MMXI
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It would be infinitely more useful to humanity (that is) if you developed something like Transfinancial Economics........................ http://www.p2pfoundation.net/Transfinancial_Economics
questioin
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does it really help in one country to sell billions of treasury bill T-bill?
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exactly! our government does.
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You can find my analysis of Compass Records on below link:
And so you will see why I chose this case.
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Hi peter,
I would like to refer you to my article of " New Economic System (Part 2)". You can carefully review it on below link:
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Now, you can find my case analysis of Euroland Foods S.A. plus a new implement strategy on below link:
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Now, you can find my case analysis of Euroland Foods S.A. plus a new implement strategy on below link:
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Now, you can find my case analysis of Euroland Foods S.A. plus a new implement strategy on below link:
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good analyst. I thought that could give consideration to find and resolving that problem
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Thank you for posting your papers on SSRN via ResearchGate. They all look interesting.
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Dear Friends
I am doing research on Environmental Economics. Plz. suggest me books and suggestions. My objectives are 1.Document the dependency and Degree of dependency on Common Property Resources
and 2. Economic Linkage of Rural Tribal People on Comon Property Researces.
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Dear Dr. Ram "Carbon Finance for Labatt Whit 2007" the financial implications of climate change
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Hi....
I have exported many kinds of indoor and outdoor furnitures to Europe and US for 10 years, now my bussiness decrease because economic crisis.
what can i do for increasing my bussiness?
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furthure counseling pls email:jonysharif@gmail.com
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Can anyone help me to find latest cross country data on education gini
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Hallo Mr. Pervaiz,
you can find here a grafic:
and in the text first:
"The consequences of the unequal distribution of wealth. The example of the USA in 1850 shows a decrease with increasing inequality of education. Namely, a decline of literacy, the schools and the number and size of the non-private libraries. Papyrus finds from ancient Egypt show an equally growing imbalance. This could explain the decline of education in late antiquity."
... and:
"From the diagram one can only conclude that the Gini reduces the formation parameters. But not that about the literacy falls faster than about the library collection. While this is in reality probably the case in the diagram but the result of normalization to minimum and maximum value to the scale on the right.
From these data, the U.S. can no temporal relationship between education Gini and derive. It is not clear whether the slave states in the formation or merely reduced the level of the Union have not yet been reached. Relevant is only the direct relationship between Gini and education. The decline in education (and the increase in the Gini) in late antiquity is independent of this data elsewhere occupied."
USA 1850 Census Daten:
Helper, Hinton Rowan: The Impending Crisis of the South New York 1857. Electronic Edition - University of North Carolina at Chapel Hill, 2001 http://docsouth.unc.edu/nc/helper/helper.html
(Without Californien, because it ist in the Union since 1850 and the Census-Daten uncompletely.)
Gini too USA after 1860 Census Daten by Nathan Nunn:
Slavery, Inequality, and Economic Development in the Americas: An Examination of the Engerman-Sokoloff Hypothesis, University of British Columbia, May 2007 Online at http://mpra.ub.uni-muenchen.de/4080/ MPRA Paper No. 4080, posted 07. November 2007.
Sincerelly
Oliver Kloss
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Referring to my previous article of "Where money goes? Where power comes from?”, you can review the new one (pert 2) on below link:
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Modern money mechanics, this workbook on bank reserves and deposit expansion issued by the Federal Bank of Chicago explains a lot about the creation of the money.
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Effects on macroeconomic variables in general
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the effects will depend on the peculiarities of the economy in question. Theoretically, changes in exchange rate are expected to be fully reflected on domestic prices, the Law of One Price (LOOP) which states that at equilibrium, the price of tradable goods in two markets cannot differ when expressed in the same currency.
If a 1% change in exchange rate leads to a 1% change in prices then pass-through is complete. Less than one-to-one response of prices to exchange rate is referred to as incomplete exchange rate pass-through. The pass-through occurs in two stages. First, exchange rate variations affect prices of imported consumption and intermediate (inputs) goods. Increases in prices of intermediate goods affect the cost of production and hence prices of domestically produced goods. In addition to this, the domestic prices also increase due to a shift in demand away from the now expensive imported goods to the local ones.
The second stage happens through prices of domestically produced goods via supply and demand channels.
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If you are given two choice,which one would like to do between;
1. Choose to get rm100 today or,
2. Choose to get rm100 later
give your reason;
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Answer is, get it today, because inflation and printing of fiat money will reduce the purchasing power (value)
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Hi , how to find impulse response functions by using eviw, need the explanation of all function on it.. if anyone has suggestion whether books or articles please
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Eviews is not very good for VARs and VECMs, try JMultTi and it's free.
Books:
Lutkepohl, H. & Kratzig, M. (2004) Applied Time Series Econometrics
Lutkepohl, H. (2007) New Introduction to Multiple Time Series Analysis
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Where to know more details about stocks? How its change with international biz?
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Read The Creature from Jekyll Island 5th edition published September 2010
If all outstanding Federal reserve Notes were to be exchanged now for a new gold and silver backed new silver dollar, the bottom line of this calculation is that the value federal reserve note will be equal to .oo47 silver dollar. One silver dollar would be worth 213 federal reserve notes. What do you think that would do the all markets Why is everyone asking questions that have already been answered. is it because all the politicians, experts and commentators say everything is going to turn out all right. of course if the public knew the real danger, like the Japanese nuclear plant accident, panic would occur. Only 100 people in japan know all the facts. Informing the public is very risky for the rulers.
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Generally Economics is treated as a difficult subject. It applies the mathematical tools for the explanation of laws and theories which are not the subject matter of our teaching matter in many colleges and universities.
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Mathematics for Economics and not economics for mathematics. Economics is a vast subject and there is nothing called pure economics. Economics derives its input from human behaviour, philosophy, law and sociology. A lot many aspects can not and need not be mathematically modelled. Quantitative technique should be used only to the extent necessary. Economists need not go out of the way to prove that they are very good mathematicians ! Often a small diagram or graph speaks more eloquently and clearly than a sophisticated mathemetical model.
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Say for example, mobile phones, mp4, computers, solar production even medical equipment and so on. India and China are both neighboring countries, both have high population and similar youth population, both have cheap labor pool.. etc . I would like to know the secret of reverse engineering techniques supporting with work flow model.
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I guess for the Chinese, replicating is easier than innovating, so they spend a lot of time and money figuring out how to make the same thing
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Our country is underdevelopment country, most of our economicc activities are going to stopped
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Hard work.Keep politicians away
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Answers may be directed to the exploitation of natural resources as well human capital that creates imbalance between human productivity and allocation of resources specified to bridge the gap between scarcity and missappropriation of affluence.
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Mathematics are a deep and beautiful subject. The value of studying and using them are known in most disciplines. Does it supercede the immediate practical value that economics can have on our waking lives? Probably not. Visual display of information can convey easily grasped principles that may be addressed in more details in advanced courses.
I personally feel that going into detail is best warranted when there is significant need or interest on the part of a student.
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Many authors have asserted that have warned that our civilization is on the verge of collapse compounded by ecological destruction, severe energy crisis, rampant inequality, natural habitat destruction and lastly, catastrophic natural calamities.
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I think we are now in the phase of technology revolution. trying to improve the existing technology or invent new technology by considering the ecological destruction, energy crisis, life span, time, size etc., However, some technology failures and lack of social awareness among the society have caused destruction in the past. Considering strong technology assessment and social awareness in the society could lead to a balance. Therefore, I think we are heading toward solving these issues. By the way, recently I come crossed great speech by Mr. Peter Thiel, he discusses the several disaster scenario often people talk about.
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Can this be built by criticizing others or by doing what we can do best, make a full capacity effort?
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THE NEW WORLD ORDER
I believe a global approach to analyzing the economic geology is imperative because the policy is one fostered by the Council on Foreign Relations which has strategy that leads to global government.. None of this is happening by accident (.pages 514 to 565 of the 5th edition (24th printing) of "The Creature From Jekyll Island" published September 2010 documented the currently unfolding plan to create a functional world government within the framework of the United Nations.. Often referred to as The New World Order by its advocates, the proposed global government is designed upon the principles of collectivism. It is a dream-come-true for the world's socialist theoreticians, politicians, and technicians who see it as the ultimate laboratory for their social experiments upon mankind.
There are two mechanisms of power being readied at the UN. One is a military command to eventually control all national armies and super weapons. That is being accomplished under the slogans of peace and disarmament. The other is a world central bank, now called the IMF/World Bank, with the ability to issue a common money which all nations must accept. That is being accomplished under the slogans of international trade and economic growth.
Of the two mechanisms monetary control is the more important. the use of military force is viewed a crude weapon in the arsenal of world government to be used only as a last resort. the effect of monetary control is more powerful than mega-tons of atomic energy. It reaches into every shop and home, a feat that could never be accomplished by standing armies. It can be used with precision against a nation, a group, or even one person while sparing or benefiting all others. Military force may be irresistible but it causes resentment and political unrest that can smolder for decades. Since monetary manipulation is seldom understood by its victims, it does not incur their wrath. In fact the manipulators enjoy high social status and financial reward. For these reasons monetary control is the weapon of choice in The New World Order.
A future world parliament based upon the concept of minimum coercion and maximum freedom could be a wonderful advent for mankind. Without trying to cram all nations into a centrally-directed beehive, it would welcome cultural and religious variety. Instead of trying to place the world into a collective straight-jacket of rules, regulations, quotas and subsidies, it would encourage diversity and freedom-to-choose. Instead of levying even-larger taxes on every conceivable economic activity and destroying human incentive .in the process, it would encourage member nations to reduce the taxes that already exist and thereby stimulate production and creativity.
But The new World Order that is now incubating at the United Nations is an entirely different creature. Its members represent just about every dictator and warlord in the world. Its philosophy is built upon the socialist doctrine that all good flows from the state. Those who do not conform must be bent to the governments will or be eliminated. It cannot oppose totalitarianism for the simple reason that it is totalitarianism.
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This question is for those who pursued Accountancy. Answer for this is food for thought.
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Depreciation is a loss. In an inflationary economy such as we have had for the past three hundred hundred years, money received to day is worth more than money received later. We are again approaching the 5th collapse of the Central Bank system in America where fiat money may be exchanged for new metal backed real money. It is important to transfer fiat money into inflation proof assets before that happens
how to manage ecnomics of R&D sector
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We are trying to understnad ecnomics of R&D sectors and its effciency model
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Please contact me at drrshashi@yahoo.com
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Topic is about service quality in healthcare not economics
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Health economics deals with a huge variety of issues. It is difficult to mention only one central theme.
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all western theories are failured and the western economic system is in crisis, therefore what is the need to follow western theory which is Keynesian theory or whatever. Why not Kautilya economics in India
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Nissily Mushani
"The problem is that nations are just copying theories or what they think workd in developed countries.Its high time we moved away from copying word for word, development should be in context.Times has changed and situations are different .For instance Africa is adopting technologies that are helpfull but that can not be applied across the board.Issues to do with illiteracy and high martenal, underfive mortality as well as high total fertility rates.These factors affect the outcomes of any development or economic policy in different countries."
PJP The situation in Africa is more serious than what you describe. The intent of development aid is to make you obedient by buying your leaders. While the top leaders at the IMF and World Bank dream of world socialism the middle managers enjoy a plush life administering the process and the politician on the receiving end obtain wealth and power. Ideology makes no difference to them as long as money flows. Graham Hancock in his book Lords of Poverty speaks of IMF's structural adjustment loans. For such people money has never been easier to obtain All they have to do is screw the poor, and they've already had plenty of practice at that.
Converting Money in Failure . read 5th edition of the book "The Creature from jekyll Island"
Take a look at Tanzania p102. Argentina p103, Mexico p104. After pouring in billions of dollars into underdeveloped countries around the globe , no development has taken place, just the opposite. The theoreticians who dominated the Bretton Woods 1944 meeting of global financiers and politician that created the IMF and World Bank were well known Fabian Socialist from England John Maynard Keynes and the Assistant Secretary of the U.S. Treasury Harry Dexter White. White became the first Executive Director for the United States at the IMF.
The brain trust for implementing the Fabian plan in America is called the Council on Foreign Relations (CFR). It includes our presidents and their advisers, cabinet members, ambassadors, board members of the federal Reserve System, directors of the largest banks and investment houses. presidents of universities, and heads of metropolitan newspapers, new services and TV networks. It is not an exaggeration to describe this group as the hidden government of the United States. Membership is listed on their website. The emergency exists for the people of the United States who have lost control of their government. The economic meltdown of the United States is fine and on schedule for its rulers, for Africa it means heading for serdom and totalitarianism. If you have more questions let me know.
Read the book . It will answer all of your questions Read the last 200 of the 600 pages first.
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I though of accounting the benefits of forest ecosystem for that i need to know about the advanced models for accounting ecological benefits. please could you say anything on this topic
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YES THERE IS ONE EFFECTIVE MODEL IN THE WORLD
I worked for several years as the Administrative Director of the Yakama Indian Nation in Yakima County, State of Washingto, USA which ownshttp://google.com. the reservation covers 2,185.94 square miles (5,661.56 km²) and the population in 2000 was 31,799. It lies primarily in the Yakima and the northern edge of Klickitat counties, however, a tiny section crosses the southeast corner of Lewis County as well.[citation needed] The largest city on the reservation is Toppenish.
The reservation was created in 1855 by a treaty signed by Washington Territory Gov. Isaac Stevens o behalf of the Government of the united States and representatives of the Affiliated Tribes of Yakama "Indians". A dispute over the treaty led to the Yakima War (1855–1858).
It consists of the largest old growth stand of Ponderosa pine in the United States and is conserved with the ecological conservation laws of the Nation ruled by 9 Tribal Council Members on behalf of these aboriginal indigenous peoples. You can find out all about them on Google.com. Contact the Tribal Council. There is no other Gigantic source of material available to you anywhere else in the world beacuse it has been uncorrupted by Capitalism which destroys the environment through destruction of Democracy.. The laws of the United States pretaining to Timber Lands do not apply on the reservation of the Yakama nation
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I want some basic ideas about our indian economy and about stock exchnage?
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The Creature From Jekyll Island , 5th edition , published September 2010.
and http://ThriveMovement.com 2 hour8 minute film
Federal Reserve System, 1-24
Concentration of wealth 1/6 of world owned by those attending meeting to form the Federal reserve
The name of the game is Bailouts.25 debt rollover,rescheduling,FDIC play,
FDIC, Electronic Bank Runs, Collapse of the House of Cards, CDO's,
Collateral Debt Obligations,
Transfer taxpayers jobs overseas at their expense,57
Protectors of the public 41 bailouts applied to real life
Transfer taxpayers jobs overseas at their expense,57
Bookkeeping slight of hand,
Accounting gimmicks are not fraud
Congress paralized as planned,
The Counterfeit option,
American plan for world socialism,
IMF loans doomed but sweet,
financing corruption and despotism,
Financing Famine and genocide,
getting rich fighting poverty
Council on Foreign Relations,
Panama, Brazil, Argentina, China,
Communists become Social Democrats,
deception demise of communism,
Russia, Business ventures in Russia insured by USA,
crash course in Money,
Fiat Money, Fool's Gold,
Constitution forbids the Federal reserve System,
fractional reserve Banking.
The mandrake Mechanism,
PROFITING FROM BOTH SIDES OF A CONFLICT,
Sink the Lusitania,
Finance Russian revolution,
America's First Central bank,
Story of the Second American central bank,
Loaves and Fishes and Civil War,
Economic & Political Not Slavery Civil War (377) greenbacks and other crimes
Connections between the Federal reserve System and the bank of England 407
The Creature Sewallows Congress 2nd attempt to get federal reserve passed 452
How federal reserve System led to the crash of 1929
Doomsday mechanisms-decline of American Prosperity bigger govt. deline freedom 508
What’s coming if you are pessimistic 538
What must be done to avert a pessimistic scenario 655
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He problem of credit rating and keep it away on the global economy
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The is no way to separate nations economically.
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Answers need to highlight the real correlation between wages and employment.
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Dr. Ryding's answer is complete and comprehensive.
There are two real wages: product wage and consumption wage.
Product wages are a consequence of shifts in employment demand and may be acyclical, meaning that there may be no definite correlation between them and the business cycle.
He cites empirical evidence to show pro-cyclical movement of consumption wages for most part since the sixties, excepting a recent recession. This may be because of downward stickiness in prices was stronger than the downward stickiness of money wages in the US.
Whether this was happenstance, or whether there is some regularity in this is a matter of empirical studies across countries.
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Shashi Tharoor tells us about why nations should pursue Soft power. He talks about Soft power and makes India his prime example. He gives us his arguments on India's communications, Bollywood, and being an open society. He describes what Soft power can do and the results that we are seeing are indeed very promising
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El poder hoy debe ser tolerable por parte de quien lo ejerza, la humanidad esta cociente de tanta violencia y poder coercitivo de los estados hacia el pueblo, con lo medios de comunicación masivos, virtuales o sociales la sociedad se entera de tanta represión y ejercida por las policías, ejercito y grupo progresistas armados. Esto no hace bien a ningún país por imagen mundial y atracción de turismo.
La violencia genera mas violencia y muchas de las veces sale de dentro de un gobierno!!
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'Economic growth will need massive energy. Will we allow an accident in Japan, in a 40-year-old reactor at Fukushima, arising out of extreme natural stresses, to derail our dreams to be an economically developed nation?'
What India will react on the recent development in green technology from developed countries?
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Nuclear energy is clean and cost-effective in production but the disposal of nuclear-waste is always a dreaded issue and we need to take note of that when we are thinking of the nuclear energy.
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I am working on a paper on the dynamics on firm growth in the competitive markets. this work somewhat touches a previous work of Boldrin, and here, i confront on the aspect of non-rivalrous nature of ideas and their positive role in production.
some insights:
commodities that contain no ideas are generally non-rivalrous. in-fact, rivalrous ideas must have some economic value. but i am confronted with a puzzle, of the utility related to non-rivalrous ideas/goods i.e., technical knowledge can be a commodity since there are some embodied ideas in it. but some research point out about the non-rivalrous nature of ideas and their POSITIVE role in production. How does it stand then? Any answer? that would be great help.
Thanks in advance.
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Every economic activity is competitive , although some ought not to be. But power corrupts and the natural course of all activity are bent to the ways of absolute power which corrupts absolutely.Morality demands what ought to be. It does seem that rulers have become immoral.in terms of social justice.
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Greece seems to be falling apart economically and politically. It's a cruel world around Greece. No country is actively behind it. It's its own making and others want it to come back clean on its own!!!
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The real tragedy struck at the wrong time for Greece.
Why would any country expect to be in the realms of perennial aid when it has some definite faults in its own backyard? Consider a simple option. Its not entirely true that nobody is backing up Greece in this hour of crisis. In fact, the Eurozone leaders extended several bailout packages to Greece early this year to the tune of €110 billion loan, conditional on the implementation of harsh austerity measures. There are specific reasons for imposing this austerity measure-whether Greeks would accept it or not is a different topic.
First, Greece misreported rather lied about the country's economic and financial statistics over and above, Greece paid Goldman Sachs and others millions of dollars as fees since 2001 for arranging transactions that hid the actual level of borrowing. The reason was to enable them to continue spending while hiding the actual deficit from the EU. According to the EU guidelines, the member states require to report their country's official economic statistics, balance of payments and other financial status from time to time as compliance to EU guidelines.
Greece's economy is virtually dependent on tourism and public sector. There is not much privatization in Greece and thus is already an impediment to further economic growth and expansion. Greece’s economy somewhat runs on archetypal state controlled semi-monopoly, yet, better off than other non-EU states. Greece has a strong government debt market that relies mostly on foreign investors. Actually, in the whole of the EU, Italy has the biggest bond market as the country issues largest amount of govt. bonds. However, considering the fact that Greek government debt was estimated at € 216 billion in January 2010 and the accumulated debt hit 120% of GDP in mid early 2011, one of the highest in the world, followed by Italy at 119% of GDP.
This accumulation of huge debt was initially favored by the strong economic growth of Greece from 2000-2007 which expanded at a rate of 4.1%. Following the US led global financial crisis that hit Greece very hard, this accumulated debt became a matter of concern, as falling GDP, stagnant growth, slowdown in the tourism sector (which contributes to about 15%GDP) culminated to the fear and risk of default on sovereign debt as foreign investors became wary about repayment by Greece. This really became a major concern following subsequent downgrading of Greek debt as “junk” by Moody’s, S&P and Fitch when debt rating was decreased to the upper levels of 'junk' status by 27th April 2010.
A strong economy causes bond yields to fall, whilst, a weak economy causes yields to rise. Greek bond spread, benchmarked to Germany, rose to a record high of 23% this year and the spread was more than 500bp compared to Germany. These combined factors alarmed investors as rising spread is a sign of some impounding default crisis (see Wikipedia). Compounding this scenario is the subsequent default of Portugal, Ireland and Spain, all preceded by Iceland and all of these countries becoming each others bed fellows due to their unsustainable accumulated public debt, fiscal mismanagement and hidden lies about hidden debt? Yesterday, shockingly, it was reported that Germany, the strongest economy in the Eurozone region has an accumulated hidden debt of $3-5 trillion (see Handelsblatt)!
The demand for bailout funds is immense, but they indeed in short supply. The changing models of bailout packages thus must include some amount of austerity, so, its impertinent to say that nothing is been done, or there is no aid coming in the way. But considering the hedonistic profligacy of Greece and other European Union member state, austerity hence sounds cloudy.
Now, what few options has the lenders of last resort like the IMF, and EU, EC and the ECB have in hand to provide continuous aid to these ailing economies when the money is running out and there is need to raise fund amidst global financial crisis? Its time that these countries should try to cooperate and countries like Greece should start privatizing their public sector to raise funds and let the private players do the rest.
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Application of Game Theory to Policies and Decisions
Dec 12, 2011 - Dec 14, 2011 · Hyderabad, India
International Conference on Game theory with contributions of scholars from all over the world in various fields would be a ‘melting pot’ and make valuable contribution to Game theory teaching and its applications to various fields of economic science. This is particularly so with applications to environment, management, finance and accounting where it has not fully realised its potential. Such a conference will honor Prof CR Rao and will also pay a tribute to all the Noble Laureates who are expected to grace the occasion.
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Before teaching game theory one has to be oriented to current business environment 
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The multiple answers of the question have to give some clues to the future of the economy policy in the US
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A banking crisis and massive bailouts have already come to pass. The still unfolding scenario includes hyperinflation. collapse of the economy, a new global currency, domestic violence, U.N. "Peacekeeping" forces in the U.S., and the arrival of high-tech feudalism. Details at page 537 to 564.
There is no optimistic scenario. Events have progressed to far for that. Even if we begin to turn things around by forcing Congress to cut spending and reduce the debt and disentangle from UN treaties, The Cabal will not let go without a ferocious fight. When the Second Bank of the United States was struggling for its life in 1834 Nicholas Biddle, who controlled it, set about to cause as much havoc in the economy as possible and then to blame it on President Jackson's anti-bank policies. By suddenly tightening credit and withdrawing money from circulation, he triggered a full scale national depression. At the height of his attack, he declared; "All other banks and all the merchants may break, but the Bank of the United States shall not break." The amount of devastation that could be caused by today's Federal reserve is infinitely greater than what Biddle as able to unleash. It would be pure self-deception to think that the Cabal would give up its power without exercising that option. We must conclude that no one is going to get out of this unscathed. There is hell to pay, and it is we who are going to pay it.
What has this go to do with the Federal reserve System? The answer is that the Federal reserve is the starting point of the pessimistic scenario. The chain of events starts with fiat money created by the central bank which leads to government debt, which causes inflation, which destroys the economy, which impoverishes the people, which provides an excuse for increasing government power, which is an ongoing process culminating in totalitarianism,Eliminate the Federal reserve from this equation and the pessimistic scenario ceases to exist. That is the seventh and final reason to abolish the Fed. It is an instrument of totalitarianism.
Is it realistic to realistic to believe that the current trends can actually be reversed ? Isn't it just fantasy to think that anything can be done at the late date to break the CFR's hold over government, media, and education? do we really expect the gum chewing public to go upstream against the indoctrination of newspapers, magazines, television and movies?
The battle has progressed far and our position is not good. if we are to reverse the present trends we must be prepared to make a herculean effort. If you want to know what must be done first read pages 567 to 572. So much for things not to do. There are certain things that must precede abandonment of the Fed if we are to have a safe passage. Read pages 573 to 588 of fifth edition (24th printing ) may 2009 "The Creature From Jekyll Island"
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I am trying to find out wether population growth impinges economic development or development in general or wether population growth is contributes to the achivement of development .
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In addition to Peter Palms good explanations: it is good if leads to increasing of employed labor force (rather than pensioners and unemployed), i.e. if labor force is supported by other resources: natural (including land, water, and others) resources, professional education/training, capitals and wise governmental financial, emission and credit policy involving avoidance of growing credit dependance of international/foreign financial institutes
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You can review my article of "Where money goes? Where power comes from?" on below link:
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I still think that Art and Philosophy are the supporting and the feeders of Math.
For instance, in the field of philosophy, Pythagoras said: “Numbers rule the Universe” and so “All things are numbers” where we have constant data in math such as Pi, e, G and so on.
Another example: There is an important philosophic idea as follows:
“Actually, the change depends on the direction”
We can see Math used from this philosophic point below cited:
“If a function of w=f(x,y,z,t) wants to move far from a point (p), the change of amounts for this function depends on its direction in which this idea is fundamental point to raise the concepts of Gradients, fields, directional derivatives, tangent planes in calculus”
Now, at above article, we have PARADOX and POWER as key issues of the quotation and so we have many mathematics paradoxes. On the other hand, what is actual meaning of POWER in math: Exponentiation, exponential function or linear differential equation or others?
I think we need to use the concepts of natural paradoxes (ART) such as Thunderstorms by Lighting to find out the new constant data.
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Hi all,
I am sending to you The following URL link of my paper on:
The Effect Of Corporate Governance, Corporate Financing Decision And Ownership Structure On Firm Performance: A Panel Data Approach From Kuwait Stock Exchange..
Please your feedback is very important.
Best regards,
Mohammad
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interesting; how do you explain the hump shaped curve, and what significance has it ?
what are your propositions to get the best mixt ownership for firm and country growth ?
Economic Rejuvenation (Artha Kranti)
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In India Artha kranti is the word thats used for Economic Rejuvenation/Revolution The Strategy for ‘Artha Kranti’ implementation The sheer simplicity and clarity of the ArthaKranti proposal enables us to have an equally clear view of the path to its implementation. It is obvious that: This proposal can only be implemented by the government in any Country . This understanding helps us in clearly seeing the challenges ahead. "The Economic Reform Bill" So how do we, the citizens, get our parliamentary representative to take this up? This is the most commonly asked question. The challenge can be cracked with a two-pronged strategy. 1. Vertical thrust An ‘upward’ effort which involves reaching out to politicians, business leaders, people’s representatives, bureaucrats, economic / policy experts and all such influential people or institutions with the sole objective of ‘sharing’ – ‘educating’. We have started acting in this direction and made presentations in front of some MPs (and influential & respected people) by now and we are getting good reception and response, may be because hardly few people go to them with solutions. However we are not finished on this way, we all need to ensure that our respective MP is aware of the proposal, its importance. 2. Horizontal thrust When MPs and experts become aware of this, still why will they take it up? When a product is to be sold, what is necessary is demand for the same. Similarly for Arthakranti proposal – many people should demand it. Its need is very evident from so many of social and economical issues around and there are hardly any concrete, time-bound, assuring and hopeful answers, like the one Arthakranti provides. We can raise the demand in various ways as:- i. A nation wide mass awareness campaign run in at least all major languages, using tools such as books, CDs, films, website, internet and so on ii. A nation wide advertising campaign run professionally, harnessing TV and all other powerful media to generate awareness about our problems and the solutions iii. By spreading the message to as many people as possible, by conveying them the subject and its importance and also conveying what they can do about it iv. Sending your respective MP the “Citizen’s charter of demands” This simple one page document will convey the citizen’s needs to the political class in the most legal, peaceful and lucid manner. All one has to do is to sign it and send it or hand it over to the local MP Even if 1% of people raise their demand, the representatives cannot disregard it. So the sure-fire way to generate public pressure is to shower our political leaders with the ‘Citizen’s Charter of Demands’ – which emphasizes our needs. The vertical thrust will educate them about the solution (Artha Kranti).
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Yoghesh Udgire, Thank you for your comments. Your ideas especially about influencing politicians are similiar in a way to SIMULTANEOUS POLICY which was originated by John Bunzl. http://www.simpol.org.uk I hop the link works or else do a word search. It would be worthwhile.. I assume you have come across my project on Transfinancial Economics http://www.p2pfoundation.net/Transfinancial_Economics Also, another link may be of interest. http://www.globaljusticemovement.net/
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There are many predictions in Chinese Stock market although it's hard to forecast.
Would you like to give me some Foreigners' views to Chinese Stock market ?
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I think its oversold!
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I'm looking for samples of GMAT exam , if any body can help me please send it to my E-mail.
thanks allot .
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GMAT is obligatory if you really are planning to attend any business school.There are some tips for GMAT exam .check out this
Vladimir O. Andreev, PhD
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I am intrested in soft for macrodynamic economic models: Kaldor, Kalecki
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Thank you, and I look forward to your response when you are ready. Ofcourse, I can also give clarifications on certain points of the evolving model of TFE if the need should arise.
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I am new to this group and to the network in general. I need friends and researchers to talk to.
Nice time.
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Every member of this group, both now and in the future, is your friend. Let us know what your research interest is and pose any question that may be bothering you and you will receive your useful comments. You are most welcome!
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Try to see this page http://applicazioni.gse.it.it's an Italian society for energy. I know there is an algorithm for solar energy, but if you don't find there (or you have problem for language) I can Help you. At least we can create one....:) ciao. M.B.
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Please, anyone know some software or algorithm to calculate Cost of Energy (Wind Energy) in function to wind velocity monthly????
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Is any measure for social inequalities?
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In fact we want to know that how division of society can be measured. How social differences among different people living in a society can be measured by taking into account different aspects such as education, health, ethnicity, language and gender etc.
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hello,everybody.
i want to measure employment volatility using Chinese provincial data from 1978 to 2009, and have some questions.
1,can limitted yearly data be used to ARCH model?
2,is there any methods which measure macro variables volatility,such as employment?
thanks a lot
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yes Irfan, i send it throug my yahoo account (boubakerhouda2004@yahoo.fr) to irfanchani@hotmail.com, i will do it again.
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Dear members,
My PhD is about the monetary policy, at this stage I treat the exchange rate pass-through and I have to interprete the Impulse response function of exchange rate shocks and interest rate shochs. I would like to know if there is an available book or an article which explains the economic theory for these fluctuations to be able to say according to the graphs if the countries under study are in line or not with the theoretical findings before giving the reasons of the other variables response from what really happened in those economies.
your comments and guideness are more than welcome.
Thanks for all
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But it's what I have done, surely that I saw the emperical results of other article, and there are many many works on "exchange rate pass-through", what still so important is how to explain it economically. what I need is a book about exchange rate movments and interaction with production, prices and interest rate.
No one inside the group did that before?
thanks
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Hello, can any one suggest me some topics of research priorities in natural resource valuation in China?
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You have to decide first what do you want to value and then to apply the appropriate method (CVM, CEM, HPM, TCM etc) in valuing natural resources. Crucial question is also what do you want to value: use-values, non-use values? (that is direct, indirect, option, quasi-option, existence or intrinsic etc)The answer(s) will clarify things and help to the right direction.
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Hello I am new. I am interested in seigniorage policies and experimental seigniorage-sharing topics.
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How I Almost Single-handedly Topsy-turvied the
European Banking System
and Grew to be the Most Hated Individual at Bahnhofstrasse 45
in Zürich, Switzerland...
Jean-Paul Sartre, my “spiritual” father and one of my most appreciated philosophical mentors, once speculated that Life is absurd. The more I advance in age, the more I find myself chuckling at the ridiculousness of human nature and the members of this species which never fail to provide me with oodles to laugh at and even cry for. And my twenty-one years in the north of Northamerica, my one year in the south of Southeast Asia, my eight years in the south of Northamerica, my eight years in the north of Southamerica, and now my twenty-five years in the south of Europe, have altogether given me an astonishing perspective of my favourite object of learning.
Remember the early months of 2001 when the DotComBubble was hissing its eventual demise, and thousands upon thousands of pensioners, investors, stockholders, and whomever were being apportioned a trauma that could somehow be contrasted with the heinous aerial attacks that were to come in September? Remember the panicking? Was there some sort of association between these two devastating occurrences? Had the DotComBubble been fed a bunch of funny money/laundered money/dirty money to such an enormous extent that stock exchanges all over the world had no choice but to halt the 1929-like insanity which was threatening the very survival of the Capitalistic System? Were the assaults in New York and Washington some kind of fluke vendetta and not the workings of a well-entrenched “terrorist organization” bent on conquering the world?
Very shortly after the horrendous acts of violence perpetrated on 11 September 2001 on one of the most prestigious pillars of the Capitalistic System and the biggest bunker in the world, Bush I, ex-Skull & Boner, ex-Congressman, ex-ambassador to China, ex-CIA director, ex-ambassador to the United Nations, ex-President of the United States, appeared on one of right-wing Italian Silvio Berlusconi’s television news programs (telegiornale), and hugging the diehard demagogue, let us know that SB was Bush I’s friend, quod erat demonstrandum, a chum of the United States of America. SB gloated and bloated. Bush I, the first stupid one and father of the second stupid one, Bush II, strained his smiles. After that, off he went.
The next day, the Corriere della Sera reported that the night before Bush I, on a private jet, had flown from Milano to—you guessed it!—Lugano, Switzerland, one of the most-visited pirates’ coves for secret banking in Europe and that pet place of moneyed, naughty Italian business people.
Miraculously inspired, I put 2 + 2 together and came up with 4. I did not, as thousands upon thousands of untrustworthy Italian businessmen and businesswomen did, put 2 + 2 together to come up with 7 or 11! The United States’ government realized from the start that it had to trace the sources of this shattering paroxysm in the Capitalistic System, and Swiss bankers were “softened” to be “persuaded” to empty their bags with the goods (secret bank account numbers and figures)—and all of them! Not only would a huge investigation begin to smoke out the executors of the 9-11 tragedy, a more considerable attempt was to be made in order to stall a possible collapse of Milton Friedman’s most prized fantasy. Much was at stake, and we all know that no holds were barred. The United States’ reaction was so vulgar, one had to construe that something more dangerous was going on—even more perilous than the causes and effects of the heartbreaking deaths of three thousand people in The Big Apple. The post-9/11 vocalizations by Bush II were filled with venom and revenge, and partially revealed to the whole world the spiteful instincts of the once somewhat respected nation. Later, actions would speak louder than words.
Italy, as usual, laid silent, almost asleep. No one picked up on the connection between the Bush I squeeze on SB and the minutely-printed blurb about the air travelling of Bush I to Schweiz. In fact, at the time I reminded myself that Italians read less newspapers than the citizens of any other country in Europe, and fifty percent of the homes in The Boot, the focolare domestico of Dante Alighieri, possesses not one book! How could Italian businessmen and businesswomen be hip to the extraordinary shakings up in process at the time? Someone had to tell them. Somebody had to reveal to them the sudden enlightenment that had befallen me from out of the blue. I volunteered.
I try to be noble. It is not easy. I have performed many acts of nobility in my life, and I am as proud as punch about them. It would not be thorny for me to be dignified at the drop of a hat. I am used to being so. My idea was simply this: To inform the off guard Italian business moguls, sono furbi, of the threat to their patrimonies, and rather than become a “co-conspirator” to their acts of profound stupidity, I would impress them with the fact that in returning their moolah to the Republic of Italy they would enjoy sleepy nights, contribute to the efficacy of their nation’s economic reputation, and help to instil in their fellow countrymen the sense that—as JFK (Ted Sorensen!) would have said—they should ask not what their country could do for them, but what they could do for their country. Wishful thinking. (When I told this story to chief accountant Giuseppe Rovelli, on trial for his alleged participation in Italy’s infamous PARMALAT scandal, his eyes bulged and, before he had changed the subject, GR flashed a very wry smile my way!) One day I feel like Robin Hood! Another day I feel like Zorro! I have never had so much fun! My dear reader, don’t you envy me?
As they say in the Suisse Alps, a “snowball effect” ensued and rather than following my advice, the characters who had indicated to me that they had secret accounts in Svizzera and those that I had suspected had, started transferring their goodies not to Italian depositories, but shifted them to other furtive bays located both in Europe and around the world. I was truly disappointed. The billions and billions of these thousands and thousands of unlawful hoarders were to remain ex patria and would never see the light of their just beginnings. What is worse, the connivers passed the word to their compatriots in the four corners of the globe—birds of a feather flock together!—and an enormous “transmission hemorrhage,” a “run” as they used to say, afflicted banks, mostly Swiss, throughout Europe and the world. (Have you ever seen the Alka-Seltzer complexion of Jean-Claude Trichet, president of the European Central Bank?) All of this…Enough! Enough!! Enough!!! Stop! Stop!! Stop!!!
Will someone please nominate me for
the “£$%&/^ Nobel Prize for Economics
and get it over with!
Authored by Anthony St. John in Calenzano, Italy
The Ides of March
MMVIII
* * *
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Hello, i'm a tunisian PhD student. I need quarterly data on FDI stocks in some emerging and developing countries. I don't know where can i find this type of data. Help me please.
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Thank you Mihai, I just saw the National Bnk of Romania website, however in need quarterly data on FDI between 1970 and 2003 !!! I think that the IMF Balance Of Payment (BOP) database contains quarterly data on FDI, but i don't find this database in Tunisia!! Best regards
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Is Africa really recovering from the aftermath effect of GFC as claimed by IMF recently?, Africa deserves some bail out packages for financial infection by the West and other developed nations. You need to be in Africa to understand what I mean by low levels of living.
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Well, we have to first investigate the impact of GFC on African economies. Secondly, we have to establish the channels through which GFC has impacted African economies. Thirdly, we have to find out where we are now in relation to the GFC - is the situation improving or worsening? I believe if we are adequately armed with this body of knowledge, then we can stand up to any individual, organisation or agency - either internal or external - to tell them what Africa has been experiencing or is likely to experience and the sort of assistance that Africa needs. The situation as its now is like you are sick and somebody is telling you "O! you not very sick and, even if you cliam to be very sick, it appears you are on the path of recovery. Do you accept what the person is telling you or you do enough check on yourself to know where you really stand. Those who are interested can read my article on "The Credit Crunch and its Macroeconomic Impacts in Small-Open Developing Economies: A Dynamic Stochastic General Equilibrium Analysis" at http://scialert.net/abstract/?doi=ijaef.2010.1.30. I hope this will encourage us to do specific analysis with respect to Africa as regards the GFC. It is then that we can tell the IMF, World Bank or the rest of the developed world what we are experiencing and the sort of assistance we need.
We need a new Adam Smith
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I think that the problem of our epoch is we don´t have anymore such great economists as Adam Smith or Alfred Marshall, the current economists, even those that have won the Nobel prize, are dissapointing, the have little to offer to improve the current capitalist system or to create a new economical system better than capitalism. Nobody knows how to do the job and because this, the current economical crisis has no solution , just to keep running this capitalist system several years more as nobody knows how to improve it. We need a new Adam Smith, a genius of economics that resolves this dilemma by creating a new economical system, as Adam Smith did 3OO hundred years ago.
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The world systems since Adam Smith and co have undergone series of changes such that today's economic problems can not be solved with yesterday theoretical expositions, unfortunately, new thinking in the field of economics remain evasive till now. let us call a World Economic Forum to find a lasting solution.
Thesis Survey: Payment methods on the Internet
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Dear Group-Members, I am master student at the Karlsruhe Institute of Technologies and writing a thesis about “Payment methods on the Internet for periodic recurring payments in different countries”. In the context of my thesis I am executing a survey und would be glad if you could take 15min of your time to participate in it. The aim of this survey is to determine which factors influence the acceptance of online payment methods. In this survey we selected only payment methods on the Internet, which are appropriate for periodic recurring payments with the same amount to the same recipient (e.g. online subscriptions and contract based products). [! The payment methods offered in the survey are sound with the target countries. Please select the link to my survey, which corresponds to your country of residence !]: -For residents in USA: http://www.onlineumfragen.com/login.cfm?umfrage=17298 -For residents in UK: http://www.onlineumfragen.com/login.cfm?umfrage=17297 -For residents in Germany: http://www.onlineumfragen.com/login.cfm?umfrage=17247 -For residents in Austria: http://www.onlineumfragen.com/login.cfm?umfrage=17294 -For residents in Switzerland: http://www.onlineumfragen.com/login.cfm?umfrage=17279 -For residents in France: http://www.onlineumfragen.com/login.cfm?umfrage=17299 Thank you very much in advance for your Help! Best regards, Petya Dimitrova
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Thank you very much for your attention. Petya
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What are the most pressing problems faced by researchers in Africa.
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PUBLICATIONS
a. “History and origin of decentralization of governance: theory and practice”, forthcoming in Sri Lanka Economic Journal.
b.“Decentralization of Governance and Economic Development: The Sri Lankan Experience after Establishment of Provincial Councils”, South Asia Economic Journal, 2009, 10(1), 157-185.
c.“A glance at the role of the state in economic perspective”, in first language, Forthcoming in Sanskruthi in 2010 March.
d.“Economics of human rights in market economies: are they growth- and development friendly according to the empirical evidence?", Sri Lanka Journal of International Law, 2008, vol.20, p.181-209.
e.“An Assessment of Decentralized Government School Education in Sri Lanka”, KEDI Journal of Educational Policy (KJEP), published in Korea, 5(1), 2008, p.19-48.
f."Performance of government school education and its efficiency under the decentralized economy of Sri Lanka", Sri Lanka Economic Journal, 8(1) 2007, p. 61-99, (Papers published in this journal are included in Econ-Lit).
g.The Role of the State of Sri Lanka in the Context of Selected Asian Countries, Fifth International Conference on Business Management 2008, Faculty of Management, University of Sri Jayawardenepura, Sri Lanka, p.550-565.
h. “Evolution of role of the state: how far has Sri Lanka come up to now?”, Third International Conference on Business Management (2006), Corporate Social Responsibility: Profits and Beyond, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, Sri Lanka, p. 384-391.
i.“Decentralization policy in Sri Lanka: reviewing the performance of the existing system and understanding avenues to modify”, (2005), Conference on Contemporary Public Policy Issues in Sri Lanka, Department of Public Administration, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, p.140-160.
j.“Modern economic concepts and views taught by Buddha", (2005), Indian Journal of Social Development, 5(1), 47-54.
k."Decentralization and economic development: cross country experience with special reference to Sri Lanka", (2004) The ICFAI Journal of Applied Economics, 3(3), 37-60, (Republished in V.V.Ramani (ed), Sri Lankan Economy: Policies and Achievements, The ICFAI University Press, Hyderabad, p.101-132).
l."Review of Samuelson's polar case with respect to the determination of public goods: new determinants”, (2003) Book of Abstracts, The First International Conference on Business Management of Developing Countries, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, Sri Lanka, Full paper in Proceedings of The First International Conference on Business Management of Developing Countries, (2003), Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, Sri Lanka, p.186-194.
m. “Crime and Development in Sri Lanka", in first language, Vidyodaya Economics, 2002, 5(1):1-3).
n."Farmer's Knowledge of Water Management Methods in the Dry Zone of Sri Lanka", (2001), Indigenous Knowledge and Development Monitor, Netherlands, 9(3), (November), p.27-28.
o.“Indigenous Technology: the Making of Books in Sri Lanka”, (2001), Indigenous Knowledge and Development Monitor, Netherlands, 9(1), (March), p. 28.
p.Master Plan for Industrialization and Investment promotion in the Democratic Socialist Republic of Sri Lanka (Main Report -2000), Japan International Cooperation Agency, KRI international Corp., prepared by Ministry of Industrial Development of Sri Lanka: a member of working group (Co-author).
q.“Present Indigenous Therapeutic System in Sri Lanka”, in first language, Ayurvedha Udanaya, Vol. 3, Nov/Dec 1998, p.22-23, Department of Ayurvedha).
r. “Broader Measures of Economic Development”, (1996), Economic Review, Research Department of the People’s Bank of Sri Lanka, (March), 34-36.
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i think we can share information and ideas
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sure, just let me know what you are working on. now I am interested in research on R&D collaboration and competition law. it is taking me some time to find data
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How I Almost Single-handedly Topsy-turvied the
European Banking System
and Grew to be the Most Hated Individual at Bahnhofstrasse 45
in Zürich, Switzerland...
Jean-Paul Sartre, my “spiritual” father and one of my most appreciated philosophical mentors, once speculated that Life is absurd. The more I advance in age, the more I find myself chuckling at the ridiculousness of human nature and the members of this species which never fail to provide me with oodles to laugh at and even cry for. And my twenty-one years in the north of Northamerica, my one year in the south of Southeast Asia, my eight years in the south of Northamerica, my eight years in the north of Southamerica, and now my twenty-five years in the south of Europe, have altogether given me an astonishing perspective of my favourite object of learning.
Remember the early months of 2001 when the DotComBubble was hissing its eventual demise, and thousands upon thousands of pensioners, investors, stockholders, and whomever were being apportioned a trauma that could somehow be contrasted with the heinous aerial attacks that were to come in September? Remember the panicking? Was there some sort of association between these two devastating occurrences? Had the DotComBubble been fed a bunch of funny money/laundered money/dirty money to such an enormous extent that stock exchanges all over the world had no choice but to halt the 1929-like insanity which was threatening the very survival of the Capitalistic System? Were the assaults in New York and Washington some kind of fluke vendetta and not the workings of a well-entrenched “terrorist organization” bent on conquering the world?
Very shortly after the horrendous acts of violence perpetrated on 11 September 2001 on one of the most prestigious pillars of the Capitalistic System and the biggest bunker in the world, Bush I, ex-Skull & Boner, ex-Congressman, ex-ambassador to China, ex-CIA director, ex-ambassador to the United Nations, ex-President of the United States, appeared on one of right-wing Italian Silvio Berlusconi’s television news programs (telegiornale), and hugging the diehard demagogue, let us know that SB was Bush I’s friend, quod erat demonstrandum, a chum of the United States of America. SB gloated and bloated. Bush I, the first stupid one and father of the second stupid one, Bush II, strained his smiles. After that, off he went.
The next day, the Corriere della Sera reported that the night before Bush I, on a private jet, had flown from Milano to—you guessed it!—Lugano, Switzerland, one of the most-visited pirates’ coves for secret banking in Europe and that pet place of moneyed, naughty Italian business people.
Miraculously inspired, I put 2 + 2 together and came up with 4. I did not, as thousands upon thousands of untrustworthy Italian businessmen and businesswomen did, put 2 + 2 together to come up with 7 or 11! The United States’ government realized from the start that it had to trace the sources of this shattering paroxysm in the Capitalistic System, and Swiss bankers were “softened” to be “persuaded” to empty their bags with the goods (secret bank account numbers and figures)—and all of them! Not only would a huge investigation begin to smoke out the executors of the 9-11 tragedy, a more considerable attempt was to be made in order to stall a possible collapse of Milton Friedman’s most prized fantasy. Much was at stake, and we all know that no holds were barred. The United States’ reaction was so vulgar, one had to construe that something more dangerous was going on—even more perilous than the causes and effects of the heartbreaking deaths of three thousand people in The Big Apple. The post-9/11 vocalizations by Bush II were filled with venom and revenge, and partially revealed to the whole world the spiteful instincts of the once somewhat respected nation. Later, actions would speak louder than words.
Italy, as usual, laid silent, almost asleep. No one picked up on the connection between the Bush I squeeze on SB and the minutely-printed blurb about the air travelling of Bush I to Schweiz. In fact, at the time I reminded myself that Italians read less newspapers than the citizens of any other country in Europe, and fifty percent of the homes in The Boot, the focolare domestico of Dante Alighieri, possesses not one book! How could Italian businessmen and businesswomen be hip to the extraordinary shakings up in process at the time? Someone had to tell them. Somebody had to reveal to them the sudden enlightenment that had befallen me from out of the blue. I volunteered.
I try to be noble. It is not easy. I have performed many acts of nobility in my life, and I am as proud as punch about them. It would not be thorny for me to be dignified at the drop of a hat. I am used to being so. My idea was simply this: To inform the off guard Italian business moguls, sono furbi, of the threat to their patrimonies, and rather than become a “co-conspirator” to their acts of profound stupidity, I would impress them with the fact that in returning their moolah to the Republic of Italy they would enjoy sleepy nights, contribute to the efficacy of their nation’s economic reputation, and help to instil in their fellow countrymen the sense that—as JFK (Ted Sorensen!) would have said—they should ask not what their country could do for them, but what they could do for their country. Wishful thinking. (When I told this story to chief accountant Giuseppe Rovelli, on trial for his alleged participation in Italy’s infamous PARMALAT scandal, his eyes bulged and, before he had changed the subject, GR flashed a very wry smile my way!) One day I feel like Robin Hood! Another day I feel like Zorro! I have never had so much fun! My dear reader, don’t you envy me?
As they say in the Suisse Alps, a “snowball effect” ensued and rather than following my advice, the characters who had indicated to me that they had secret accounts in Svizzera and those that I had suspected had, started transferring their goodies not to Italian depositories, but shifted them to other furtive bays located both in Europe and around the world. I was truly disappointed. The billions and billions of these thousands and thousands of unlawful hoarders were to remain ex patria and would never see the light of their just beginnings. What is worse, the connivers passed the word to their compatriots in the four corners of the globe—birds of a feather flock together!—and an enormous “transmission hemorrhage,” a “run” as they used to say, afflicted banks, mostly Swiss, throughout Europe and the world. (Have you ever seen the Alka-Seltzer complexion of Jean-Claude Trichet, president of the European Central Bank?) All of this…Enough! Enough!! Enough!!! Stop! Stop!! Stop!!!
Will someone please nominate me for
the “£$%&/^ Nobel Prize for Economics
and get it over with!
Authored by Anthony St. John in Calenzano, Italy
The Ides of March
MMVIII
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sorry I do not have the expertise to answer this question.
Source of Sharing Ideas
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I think this Group is very useful for economists to share their Ideas.
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Let's all contribute to make it an internet think tank (e-think-tank)
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Is the "rational" agent our only hope to simplify the description of economic processes? Or could we rely on a more sound approach based on psychological, social, cultural and religious determinants of economic decisions?
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For the moment, yes. The assumption of a "rational" economic agent helps simplifies most issues in economic analysis. However, we can begin to look at exceptions to this "tradition". For deeper understanding of economic issues relating to a particular group of people, we need to consider psychological, social, cultural and religious factors. But in order not to sink into the pool of subjectivity, we still have to bring on board the concept of rationality. Thus, we may be thinking of psychological rationality, social rationality, political rationality, cultural rationality and religious rationality.
Experiments versus Observational Methods - a Debate
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Hi all, Here is a link to a debate on experimental methods that occurred at Yale recently (with Angus Deaton, Don Green, Susan Stokes and Ian Shapiro). First, you can access the materials here: http://pantheon.yale.edu/~dt6/thedebate.html Also the podcast: http://pantheon.yale.edu/~dt6/thedebate_files/debate_audio.mp3 Any comments would welcome from the group Best Wishes, Pavan
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I am not sure how the Islamic economies got into this thread but there is something important you guys must keep in mind : Islamic economies is not a school of economics , it only sets rules and regulations in the economic capital system in such a way that is compatible with Islamic jurisprudence. In other words, it concern itself with the legal side of economics and how the economy should work, but not why it works the way it is. That's something left to an economic science not an Islamic one. Hence, there is no such a thing as Islamic-based models of the economy. Now, that's said, I want to shift gears and comment on Bhekuzulu's post. I agree that a good model is model that depicts reality, if that's what you meant. But does the classical , neo-classical , or the Austrian school model reality? I don't think so. As Herbert Simon once said, these schools model "complex people in a simple economies", where in reality it is "simple people in complex economies." They ignore many important factors in the economy due to the unrealistic concept of ceteris paribus. Furthermore, although this may sound radical, the concept of equilibrium, which inspired economists for centuries, doesn't depict reality . Anyone who understand that the economy is a very complex entity will acknowledge the fact that the economy cannot settle. Another economic concept these schools neglect is the concept of time within their models. e.g. How much time does it take demand to shift back to equilibrium? By the way,they took the idea of equilibrium from physics. -
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i need the journal of "the influence work environment to stress and motivation", can i get it?
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Thank You for you. please read this paper:
it is interested. it is about emergent topic for all researcher. kindly i request to share it to your students and friends.
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Thanks for giving me the opportunity to join your space of economics , wish to communicate with you soon
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Curious.
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In my point of view, many corporate do this CSR is not to make behaviour change in the society. but, it is only their political ways to get respect from their customers. so they can get loyal customers. am i right?
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Hi Dear Kudang,
How are you today?
I am sending to you The following URL link of my paper on:
The Effect Of Corporate Governance, Corporate Financing Decision And Ownership Structure On Firm Performance: A Panel Data Approach From Kuwait Stock Exchange..
Please your feedback is very important.
Best regards,
Mohammad
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hi, I am doing a project on economic crisis and its impact of women employment. pleas e contribute for the topic
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These attached files will help you a lot...
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Dear colleague,
I develop my PhD Thesis in ECONOMICS about ECONOMICAL OPTIMIZATION OF ONSHORE WIND PARKS, and my research aims the objective developing an algorithm for calculating the economical gain in the life cycle of a wind energy onshore project through the correlation of wind velocity (m.s-1) and energy production (MWh.year-1) in order to increase competitiveness and management success of wind parks. The model to be developed will use a “Cost Correction Factor” which takes into consideration the wind velocity.
What do you suggest to me???
I hope to hear you.
Wagner Oliveira
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Dear colleague,
I develop my PhD Thesis in ECONOMICS about ECONOMICAL OPTIMIZATION OF ONSHORE WIND PARKS, and my research aims the objective developing an algorithm for calculating the economical gain in the life cycle of a wind energy onshore project through the correlation of wind velocity (m.s-1) and energy production (MWh.year-1) in order to increase competitiveness and management success of wind parks. The model to be developed will use a “Cost Correction Factor” which takes into consideration the wind velocity.
What do you suggest to me???
I hope to hear you.
Wagner Oliveira
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man is trying to solve its problems but always confronts a new challenge
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there are four factors of production every on in the developed world like to have their abudent factors to become mobile accross the borders without any restriction i.e. free flow of capita, enterpreneur, and land but no one thinks to make free flow of labour across the borders which is mostly abundent with the developing countries. is it not discrimination?l
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Please Join the MULTIDISCIPLINARY group:
Ecology & Economics and Non-Monetary Values. The Role of States and Governments
WE need contributions from ALL EXPERTS / PROFESSIONS
Please Go to the LINK, JOIN IN and place / POST your comments ON:
See you on the group! - See perhaps your contributions as well.
Thanks!
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I thank you very much Dr. Bhakti Niskama Shanta for the timely article as I work on a article regarding prebiotic molecules, origin of Life, so it is more likely that I will cite your article. Thank you. I will read, study and come back to you.
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WE need contributions from ALL EXPERTS / PROFESSIONS
Please review the talks, subject and participate with your comments.
I promise that we will ALL be very proud of the accomplishments.
It is a provocative subject and WE NEED TO FIND IMEDIATE SOLUTIONS for the Global problems.
Thank you and please participate,
Adrian TW
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Tyrell,
too bad that you refuse to say all of the above in the group we just invited you.
I will not copy paste to introduce into the group, you can do that if you wish.
You talking about solutions, too bad not in the proposed multidisciplinary group
so you can get the responses from others as well.
See you there if you wish, till then, best to you.
Perhaps your solution are purely economic. well... this is a good group for Economy.
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i need help for my paper. Anybody know about bureaucracy index? Where i can find it? thank you so much
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I only heard about World Bank Development Indices which you might use for this purpose.
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i need help for my paper. Anybody know about bureaucracy index? Where i can find it? thank you so much
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? Doing BUsiness is free ...
just go to the WB site and look for it
The worst you may have to do is to copy the datas you need ......
You young searchers are astonishing !!!!
Thirty years ago, we had no computer, no calculators, and have to calculate everything by pencil ... and we did it !
Todays, you want to have everything readymade ....
An economist needs: a brain, a pencil, and patience !!!
Happy new year !!! to all
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development of non farm activity is a major components for growth of national income
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Definitely, development of non farm activity is a major components for growth of national income, especially to the countries like India, Bangladesh, Thailand, Pakisthan....
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Does capitalism only widen the gap between Rich (haves) and Poor (have nots)? Or It provide any solution to narrow this gap down?
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Tyrell
I like your comments but not the "We have capitalism because it’s the best system we have tried so far". Communism was dead because it did not rectified itself as demanded. Capitalism is survived as it is refined by the necessities. Now what we see is not a pure capitalism, rather we see mixed economy - you may call it social capitalism. It takes bad capitalist attitude (rent seeking profit taking) as well as good socialist attitude (welfare activities, social business). So capitalism is not dead but survived marginally in other form.
THE PROBLEM WITH ECONOMICS (A balancing act which doesn't balance)
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Why does it seem that every problem in economics is met with the same solution. Simply throw money at it and it will fix itself. While I understand the basic ideas of economics, I would like to point out that it’s not a solution science. Too much emphasis is placed in figures with no understanding of what makes things work. I come form a very arrogant point of view of how money systems should work but i"m always wanting to learn from arguments of different perspectives.
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who said money is the only solution in economics? to understanf figures and how things work in an economy one need to understand basics of economics.
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Dear Friends
I would like to edit a book on Environmental Studies. I request all members of Research Gate to send at least one paper. After publication, you will get a contributor's copy at free of Cost.
Prof. Ram Krishna Mandal
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I would like to send a paper(DR ASWATHY, SCIENTIST, CMFRI(ICAR0
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Hello Dears,
I belive that economics is very interesting topic for study and reaserch. Any new relationships will be a hapinnes for me.
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What about publishing research report in such a manner that general people can understand economic theories. I am opposing the attitude of the researcher to make or produce complicated theory that is understood only by academicians and seldom is used by commoners. Who cares about complicated social welfare function, everybody knows that social welfare does not follow the way economists think.
Economics In Global Reality and Marjority of World Citizens
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We study economics in the hope of improving life's of people, ordinary people, it seems clear from the wiki leaks that the powers that be talk of freedoms for people but will dispense that propaganda in order for control of the world, control and freedom can never go hand in hand. The wiki leaks have shown me a disturbing pattern of economic ideology that is promoted. This pattern continuous since fall of Soviet Union. Economists from certain ideologies are handpicked to masquerade as supporters of freedom when in reality they are not. Take the interesting case of Bolivia and Western Europe, Jeffrey Sachs was sent out to promote the philosophies of Hayek, have open economies let American firms come and invest but he never understood economics deeply enough to understand what Hayeks did in Japan and Germany could not be done in Bolivia, Germany already had a large knowledge base that Bolivia did not have, but Sachs could not mention that as the powers that be wanted control, to mention the variable knowledge would mean Bolivia empowering himself, Bolivia's attempt with free market failed, evidenced today as Bolivia leans towards Venezuela and Cuba. Sachs sent the same message to Poland, it failed, millions of Poles left to work in England and Germany as they did not appreciate knowledge and the promised investment did not miraculously flow in as Sachs and his backers claimed it would. Sachs failed again in Russia, there was no economic miracle in Russia leading to the ascension of Putin and the current order in Russia. It seems fair given the Wiki leaks that people can never depend on any society for their freedoms, economic freedom can not be brought from American advisers, it is obvious those advisers will only act in the interest of western capital, we need an order that promotes the rights of peoples, the right to use their own knowledge and free markets, not economists who are in ideological battles and therefore can never promote free markets but rather promote investment climates for western firms, this in itself as destructive because the locals will depend on these investments. The agenda of economists who believe in freedom should be to promote local investment conditions as well as allow foreign direct investment, not the message of the Harvard and Chicago group of promoting foreign investment alone, the rights of peoples is what leads to sustainable economic growth not the rights of Western corporations. In Bolivia for example the Americans went as far as saying an American corporation will have water rights and by law nobody could compete with it, it became illegal for locals to collect rain water they had to buy it from the American corporation, then one wonders why people like Sachs fail, but it is never mentioned in Time or Newsweek, instead he is constantly lauded, because he gave a message that suited American corporations, competition is key not just privatization. Sachs message was privatize, give those government monopolies to Western corporations. This never made sense until the recent wiki leaks. So any economists who talks of freedom and rights of individuals to compete locally and globally has no chance with Time or Newsweek, it is the wrong message freedom, it is a message that the white house is fundamentally against. They still send out some semi colonial message that peoples can not think, and they want to keep it that way at all costs to rip the ordinary peoples of the world off whilst at the same time CNN, and Fox will be blurting the propaganda of freedom.
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@Hidayat Chusnul You have to look at your own society then decide how to move forward with the economic tools at your disposal. But first and foremost in my eyes, a just society must promote true freedom and justice and that is following the principle of “equality before the law.” This means in simple economic terms that what A can do so can B. If A can have a radio station the law must equally protect B’s right to use his knowledge and if B has the resources he too should be allowed to have a radio station, this of course is just an example and it follows with having television stations, cell phone companies, power generating utilities, taxis, banks, insurance companies, casinos, etc. Competition stems from this just society and allows people to choose what they want. Second one has to look at their society, let us look at Indonesia, I like the CIA world facts book, Indonesia is made up of many islands some big some small, yet reading a recent article from the Jarkata Post, written on May 14 2010, entitled, “Shipbuilding Expansion lacks capital”, yet ships for a state with many islands needs a viable shipbuilding industry. Where does the navy buy its ships, they have to buy the ships locally, that is the only way to inject capital, with time the ship yards in Indonesia will build satisfactory ships upto the best standards, but for this to happen they need capital and the best source is to build ships for the navy to patrol those many islands and keep pirates at bay, there immediately a mutli billion dollar cash injection, guaranteeing local employment. You need an aerospace industry, start by building simple cheap helicopters, again a viable source of capital is if these where built for the air force and Indonesian coast guard, simple helicopters and planes to patrol the many islands. Oil consumption in Indonesia is now higher than production. Again alternative energy must be a priority for Indonesia, don’t wait for the Americans, Germans, Chinese, Japanese or Koreans to make improvements start the improvements now, one gains more knowledge by doing, build new Nuclear powers, Tidal power, solar power, wind maybe yes maybe no, build the plants, with revenue from selling electricity research can be carried out to make better nuclear reactors, tidal power stations or solar panels. You can be the leader in these industries, we are all just humans with equal capacity to gather knowledge. Natural gas seems to be abundant, replace oil with natural gas were possible remembering that natural gas like oil is non renewable. Remember what Henry Ford said, I pay my workers more so that they can afford my products, and America prospered, now you have this mass media attack from economists from Harvard, Yale and Chicago who say pay your workers less, pay less they spend less. Look at the USA right now, real incomes have fallen steadily since the 1970’s, a worker today doing the same job as somebody in 1970 gets at least 50% less income in real terms. I hope this was helpful for our discussions.
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Good day everyone! Is there anyone here who knows how to use FRONTIER 4.1? I really need your help because I'm having some problems in using it. I need it because I'm doing a study on technical efficiency. Your help would be greatly appreciated. :) Thank you! :D
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hello, im doing a research paper on the effects of exchange rate volatility on international trade and i have decided that the best measure to accurately estimate the volatility measure is by using the GARCH model, so can anyone guide me on how to do it?
The Legal and Regulatory
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Can anyone help me how to explain the legal and regulatory influences on financial statements,it's urgent,thank you very much!
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Good morning everybody,
I'm working on the relationship between globalization and income inequality. I want to interpolate annual data to obtain quarterly data. Should I use linear or cubic interpolation ?
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Though there is no perfect solution but my suggestion is that use the same trend for quarterly data as in annual data. For example, if 2014 to 2018 shows linear trend then use linear interpolation to obtain quarterly data.
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I have recently completed my M PHIl Thesis on "Social Cohesion and Economic Growth: A Case Study of Pakistan". Now I want to extend my thesis for PH D. Can any one suggest me that what different aspects of social cohesion and what can be the possible causes and effects of social cohesion which can be studiedfor my PH D thesis.
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Dear Roca
Thanks for invaluable suggestions. I would definitely benefit from your suggestions
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I want to study development gap and its determinants across different regions of Pakistan. I will appreciate if someone guide me in this respect.
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Hi sajjad ahmad Jan . One important point to start is "what's your indicator for development? HDI?"
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Sorry to trouble you.
I am a post-doctor in Xinjiang university(China), and my research field is geographical indications agricultural food and organic food, including production, consumption and policy effect.
As I know, both of us countries have a post-doctor project "Young Scientist Exchannge Program between Korea and China", so I am looking forward to the chance to go further the research.
If it is possible, please let me know.
Best regards
Yours
Ruifeng
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Hello,
I am doing my Ph D research in Indian Institute of Technology Kharagpur, India. My research area is "Ecotourism and Conservation of Natural Resources". Let me have a contact with you as a friend.
With regards,
Jitu Saikia
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Hi to all I need the following paper,i have searched the net but unable to find. thanks
Elbadawi, A. I., J. B. Ndulu, and N. Ndung'u (1996). ‘Debt Overhang and Economic Growth in
Sub-Saharan Africa’. Paper presented at the IMF/World Bank Conference on External
Financing for Low-income Countries, December. Washington, DC: IMF/World Bank.
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Hy, I have found some articles about the theme you need ! 
1. Debt Overhang and Economic Growth in HIPC Countries: The Case of Southern African Development Community (SADC)
2. External debt and economic growth in sub-Saharan African countries: An econometric study
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Hello everyone! I am currently doing my thesis in which I am going to use risk programming as a model. Is there anyone who is familiar or an expert in using risk prog? I need to consult somethings about it. :)
Thank you so much!
-Mae G.
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Hi Mae! have you found any solution to your problem? if yes plz share it with us, its interesting area of research.
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Hello everybody, i need quarterly GDP data for India between 1975 and 2000. I didn't find it in the IFS database, only annual data exists. Help me please. Thanks a lot.
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Also try http://www.jstor.org/pss/4415981 and its cross references available therein. I have not personally used quarterly GDP data so far. You could try Reserve Bank of India annual reports also
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Please, I would like to read some papers about this subject. I need to be prepared in this theme.
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