Tag: economy

CREDIT DERIVATIVES

CREDIT DERIVATIVES Credit derivatives are a specific class of financial instruments whose value is derived from an underlying market instrument driven primarily by the credit risk. Credit derivatives are similar to other derivatives that transfer risk between parties; the difference is that credit derivatives transfer credit risk rather than price or interest rate risk. Credit…

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How does trade-creating impact works?

You know I am reminded of a line of Groucho Marx. This was a famous person in Hollywood in the early 1930s. He made the statement, which said that I don’t want to belong to a club, which will accept a goon like me. So, I am thinking about this club, which used to be…

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What are the Benefits of Enlargement?

The benefits of enlargement can be looked at from two perspectives: internal and external. By internal, I mean the benefits that would arise to existing and new members of the EU, while by external, I refer to the benefits that would arise to third countries, like, say, India. Let me elaborate a little more on…

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Billion dollar farmers

During the first week of December from third to sixth, World Trade Organization hosted its ninth convention in Bali Island of Indonesia. Total 159 countries took part in this meeting. Here, topics from varied subjects are identified in the discussion. There are numerous conflicts and feuds in varied subjects among diverse nations. The subject includes…

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Careers and appointments

With the advent of open economy, now we anticipate what the trend is in career and economic scenario, due to series of equidistant economies working together. There is economic slow down in big countries like US, UK, Germany  and that reflects in truest manner to other developing and developed countries in direct or in indirect…

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How to fight recession – 6

The example I am going to give here does not relate to good business, but your business will grow phenomenally if you learn from it. The case is related to a government hospital at the city of Puri at Orissa in Central India. The case is unique because government hospitals in India except may be…

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How to fight recession – 5

All companies new or old, big or small lure you to buy their products with good campaign, attractive gifts, fabulous discounts and so on. They promise you heaven until you buy their products. No customer concern and nothing of the promised after-sales service seem visible once they part with their products. You run from dealer…

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