India has witnessed a rapid increase in inequality beginning from the 1980s, with the top 1% of the population cornering as much as 22% of the national income. The share of national income accruing to the top 1% of income earners is at its highest...
In 1994, Tesco Lotus started their first Lotus Supercenter at Seacon Square shopping mall on Srinakarin Road. A year later, their first discount store was opened. That store focused on selling low price products. In 1998, Tesco Lotus encountered the economic crisis from a joint...
Narashima committee established regional rural banks according the needs of the rural area, the committee thought that RRB would be much better for the rural population than commercial banks or any other commercial banks. considering all the above the government decide to pas regional rural...
Competitive advantage can be defined as superior performance relative to other the industry average performance. A company is said to have competitive advantage over its rivals when its profitability is greater than the average profitability and profit growth of other companies competing for the same...
Before the Opium war, China had a completely different relationship with the Western world. China had believed itself to be better than the other civilizations at that time. China also made little to no contact with the Western countries since natural and political barriers were...
Microstrip antenna is being extensively used in mobile and other hand held communication devices. The microstrip antenna can be fabricated on the same printed circuit board containing the electronic components of the device. This leads to efficient use of the available space and making the...
Cashless India is a mission launched by the Government of India led by Prime Minister Narendra Modi to lower the dependency of Indian economy on cash and to bring hoards of stashed black money lying unused into the banking system. The country commence upon this...
The term Beggar-thy-neighbor policy is a kind of international trade policy that benefits the country that implements it while harming that county’s neighboring states or trading partners. Originally, these policies came as a policy solution to domestic depression and high unemployment rates problems. The basic...
NAFTA started up about 1994. Its purpose has been to reduce the costs of imports while trading between countries and increase the investments of goods. It is an agreement between North American countries. NAFTA created the world’s largest free trade area. It links about 550...
Introduction Popular discontent with the economic process known as globalization is on the rise not only in developing countries, for which globalization has had adverse consequences, but also in the West. This is evident from the large street demonstrations that occur whenever the World Trade...
The International Ladies’ Garment Workers Union was one of the most important Unions during the early 1900s. Founded by mainly Jewish Immigrants and made up of predominantly female members, but ironically run by men, the Union represented workers in women’s clothing in the US and...
In 2015, the Federal Trade Commission released their new rules for Disclosure Compliance. These rules are set in place to ensure that readers or viewers of web media are aware if the blogger or publisher is sponsored, endorsed, or partnered with a different company. The...
Rupee appreciation makes imports cheaper and exports more expensive. According to intelligence reports by the Associated Chambers of Commerce and Industry of India, sectors like petroleum and petroleum products, drugs and pharmaceuticals and engineering goods – which have import inputs of as much as 77...
Introduction Foreign direct investment (FDI) is considered to be the lifeblood of economic development, especially for a developing country like India. It plays an important role in the long-run development of a country not only as a source of capital but also for enhancing the...
Remittances – The principal focus with respect to the economic effects of Diaspora on the country of origin has been on their substantial financial contributions through remittances – private transfers from migrants to their families. According to the World Bank remittances can (i) reduce recipient...
Introduction The purpose of trade protection is to protect the domestic firms from foreign competition thereby enabling these firms to gain efficiency and effectiveness in their production processes. The protection is more vital in developing nations in which the infant/new firms are allowed to grow...
Tariffs are the most common kind of barrier to trade; indeed, one of the purposes of the WTO is to enable Member countries to negotiate mutual tariff reductions. A tariff is a tax imposed on the import or export of goods.In general parlance, however, a...
At last, Labour steps up. Brexit is the great national crisis of our times and yet the leaders of the opposition have sometimes seemed so muted it has driven remainers to tear their hair out in frustration. Made-to-order essay as fast as you need it...
With the continuing globalisation of markets and internationalisation of Trade, professionals from wide range of organisations from large multinational corporations to small to medium sized enterprises are increasingly coming together to do business in the international workplace particularly in meetings. Such international events usually bring...