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growth in India. The rationale for inclusive financial system, taking banking services to the vulnerable sections, role of …The two decades of post reform period in India witnessed transformation of the economy in to a higher growth plane …
Persistent link: https://www.econbiz.de/10009322627
The modern economic theory implemented today is inherently flawed. Unfortunately these flaws are not apparent in contemporary economic theory which is built on the idea that scarcity is an ever present condition; an approach referred to as scarce resource theory (SRT) in operating level...
Persistent link: https://www.econbiz.de/10009203644
If the heading has drawn your attention then it has achieved the second objective of this paper, its first objective being to lead the reader through a discussion of how economic scarcity is a reversible problem. This paper examines reasons why scarcity may remain unresolved by economics as a...
Persistent link: https://www.econbiz.de/10008548839
What is wealth? This paper proposes wealth and poverty are opposite sides of the same coin and to know the source of … answer the question: what is wealth? scarcity, economic strife and poverty would not exist in the world today. Two kinds of … this may be a modern day inability to end poverty, unemployment and other economic problems. Consequently this paper …
Persistent link: https://www.econbiz.de/10008534544
This paper looks at some of the fundamental ideas in contemporary economics such as the basic economic problem, opportunity cost and allocation a person is expected to encounter when they are first introduced to economic theory. It attempts to explain how the manner in which these concepts are...
Persistent link: https://www.econbiz.de/10008685377
This paper elaborates on the economic operating system (EOS) the role it can play in growth. It focuses on markets, price determination and forces of demand and supply in order to illustrate how an EOS model offers greater economic growth, stability and safety. This paper delves into market...
Persistent link: https://www.econbiz.de/10008685520
This study has uniquely established that financing women though Self Help Groups has a significant role in empowering women, which is a smart economics indeed in achieving the objective of economic development of the weaker sections. The findings of this study establish using the statistical...
Persistent link: https://www.econbiz.de/10011110594
What is the 99% and why does it exist? In this paper an attempt is made to explain why socio-economic unrest remains a modern problem. An effort has to be made to understand the origins of strife in systemic design of modern economics. Without this knowledge it may not be possible to fix the...
Persistent link: https://www.econbiz.de/10011111415
remittances industry, the authors suggest an M-banking like solution for remittances transfer. M-banking offers the advantage of … having a very low cost structure – making it lucrative for banks to target the rural poor. Poverty is an insidious problem in … states, the issue is even more pressing. High levels of poverty lead to high rates of migration towards the North. Augmented …
Persistent link: https://www.econbiz.de/10011113343
Microfinance across the globe is being practiced as a tool to mitigate poverty and chiefly as an empowerment tool to … uplift the downtrodden. The paper has uniquely established that Self Help Groups in India have been significantly successful … in achieving the objective of economic development of the weaker sections of the society in India. The paper has founded …
Persistent link: https://www.econbiz.de/10011114553