scholarly journals Dr. Bhimrao Ambedkar’s Thoughts on Economy Reform

2022 ◽  
pp. 56-60
Author(s):  
Madhubala Maurya
Keyword(s):  
Policy Making ◽  
Public Expenditure ◽  
Economic Planning ◽  
British India ◽  
Short Term ◽  
Fiscal Deficits ◽  
Indian Economy ◽  
Economic Ideology

In this chapter, I have analyzed economic thoughts of Dr. B. R. Ambedkar, mainly economic ideas reflected in his writings such as, ‘The Problem of Rupee: Its origin and its solution’, ‘The Evolution of Provincial Finance in British India: A Study in the Provincial Decentralization of imperial finance’, It can be said that Indian economy at present is facing many problems similar to that at the time of Dr. B. R. Ambedkar as instability of money leading to inflation, its socioeconomic implications and its unequal effects on various strata of society, uneconomical public expenditure and rising fiscal deficits, increasing inequalities of income and wealth, and so on. Are Ambedkar’s economic thoughts relevant to understand these problems as well as to provide its solutions? Analyzing his economic ideology, it can be said that India could have been more inclusive if his ideas had been followed in its true spirit. So we can say that India needs to follow his economic ideology in her short term as well as long term economic planning and policy making to shape Inclusive India.

scholarly journals COVID-19 and Its Impact on the Indian Economy

2021 ◽  
pp. 097226292198912
Author(s):  
Vikas Barbate ◽  
Rajesh N. Gade ◽  
Shirish S. Raibagkar
Keyword(s):  
Oil Prices ◽  
Economic Activities ◽  
Short Term ◽  
Indian Economy ◽  
The Great Depression ◽  
Windfall Gain ◽  
Crude Oil Prices ◽  
Tree Approach ◽  
Silver Lining

Pessimism looms large all over. COVID-19 has been projected as worse than the Great Depression of 1930. Everyday analyst and agency reports are diving into new bottoms of a fall-down in economic activities. Indian economy, however, has a slightly different story to tell at this hour of crisis. The silver lining for the Indian economy comes from a steep fall in the crude oil prices from around $70 per barrel to a record 18 years low of $22 per barrel. This windfall gain can, to some extent, offset the direct losses due to COVID-19. At the same time, dreams like a $5 trillion economy no longer look even a remote possibility. This article takes stock of the likely impact of COVID-19 on the Indian economy in the short term and the long term. A decision-tree approach has been adopted for doing the projections.

Chapter I. The Home Economy

1979 ◽  
Vol 89 ◽  
pp. 11-23
Keyword(s):  
Rapid Growth ◽  
Income Tax ◽  
Public Expenditure ◽  
The Other ◽  
Domestic Economy ◽  
Tax Rates ◽  
Personal Income Tax ◽  
Short Term ◽  
Indirect Taxes

Our view of the short-term prospects for the domestic economy has worsened markedly since May. This is only in part because of the Budget of 12 June: indeed it is important to bear in mind, if comparisons are made with the May forecasts, that we had allowed for public expenditure cuts for 1979/80 on the scale which has now been announced and we also built in the indexation of both personal tax allowances and specific indirect taxes and duties. Thus, so far as the change in the outlook for the current financial year is concerned, the Budget effects are broadly limited to the move to a uniform VAT rate of 15 per cent together with the cuts in personal income tax rates. For 1980/81, we have reduced our public expenditure volume forecast substantially from the figures given in May. The other major factor tending to alter the outlook was the unexpectedly rapid growth this year of imports.

Chapter I. The Home Economy

1984 ◽  
Vol 110 ◽  
pp. 6-26
Keyword(s):  
Public Expenditure ◽  
Econometric Model ◽  
Current Situation ◽  
Medium Term ◽  
Short Term ◽  
Short Term Forecast ◽  
Term Forecast ◽  
The World

This chapter is in two parts. The first part contains discussion of the current situation and a short-term forecast to end-1986. The second part looks at the medium term. It begins with an analysis of probable trends in public expenditure over the next five years. The NIESR econometric model is then used to analyse medium-term prospects for the home economy. The medium-term outlook for the rest of the world is discussed in chapter II.

scholarly journals Essays On Disaster Management Issues Related To Household Preparedness And Public Attention

2021 ◽  
Author(s):  
◽  
Masoumeh Habibi
Keyword(s):  
Latin American ◽  
The United States ◽  
Public Attention ◽  
Short Term ◽  
Western Countries ◽  
The World ◽  
Standard Deviations ◽  
Household Preparedness

<p>This dissertation contains an essay on the effects of earthquake exposure on household preparedness in the short and long term and two essays on the predictors of public attention to earthquakes around the world.  In Chapter I, I use a difference-in-differences method to estimate the causal effects of the 2010 and 2011 Canterbury earthquakes on people’s preparedness in the short-term (one month after the second earthquake) and long-term (up to 25 months after the second earthquake). I find that people who experienced the earthquakes increase their preparedness by 0.67 standard deviations in the short term. This impact stays positive but declines to 0.42 standard deviations in the long term. In chapter II, I investigate whether people from Western countries pay more attention to earthquakes in Western countries. I use Google Trends data and examine the proportion of Google searches from the United States, the United Kingdom, Canada, Australia, and New Zealand for 610 earthquakes across the world over the period of 2006-2016. I find that people in these countries pay on average around 50 percent more attention to earthquakes in Western countries. My results are significant and consistent after controlling for geographical and social characteristics but becomes small and insignificant once I control for GDP per capita of the countries where the earthquake struck. There seems to be a developed country bias rather than a Western country bias. In the final chapter, I measure public attention – using the volume of Google searches – from 18 countries and investigate which factors predict public attention to earthquakes at international level. I focus on 372 earthquakes registered as disasters in The Emergency Events Database (EM-DAT) over the period 2004-2018. I find that people pay more attention to earthquakes in richer countries, in more democratic countries, and in countries with which they have more social and cultural similarities. I also find that social and cultural similarities predict more public attention from Western and Latin American countries and less public attention from Arab and Sub-Saharan African countries. While, the findings of the economic and political status of countries are universal and predict more public attention in all four groups of countries.</p>

scholarly journals Co-integration Analysis Between International Macroeconomic Factors and S&P Sensex Movements

2019 ◽  
Vol 8 (11) ◽  
pp. 3849-3859 ◽  
Keyword(s):  
Growth Rate ◽  
Stock Market ◽  
Short Term ◽  
Macroeconomic Factors ◽  
Indian Economy ◽  
Investment Return ◽  
Long Run ◽  
Adf Test ◽  
Long Run Equilibrium

The Indian stock market is fizzy and energetic; it has been going through many economic reforms since liberalization Indian economy (LPG) 1991 to till date. The Indian economy follows free market economic system, which enhance the scope of investing into stock market. Hence it prevailing significance of international macroeconomic factor on Indian Sensex movements, the present paper has investigate the long term relation and short term dynamics between international macro economic factors Capital account to Gross Domestic Production ratio (CAPGDPR), Crude oil Return (CRUDEOILR), Foreign Direct Investment return (FDIR), Foreign Institution Investment return (FIIR), Foreign Exchange Reserves growth rate (FOREXRESR) Gold return (GOLDR) Net Current account growth rate i.e (Exports divided by Imports) (NCAR) US Dollar Exchange rate to Indian Rupee returns (USDEXR) to Sensex return (SENSEXR) . The Sensex returns and International macroeconomic factors long term and short term analyzed through time series econometric tools Augmented Dickey Fuller (ADF) test check the stationarity, Johansen co integration for investigate long term relationship, Error correction Model for identify the short term dynamics. It is found that the long term co integration exists between these select international macroeconomic variables. Whereas USDEXR and FOREXRESR leads Sensex R and Sensex R corrects faster towards long run equilibrium. On the other hand CAPGDPR, CRUDEOILR, FDIR, FIIR, GOLDR, NCAR coefficients found the weak form of co movement to adjust for long run equilibrium.

Policy coherence and sustainable tourism in the Caribbean

2003 ◽  
Vol 15 (3) ◽  
pp. 188-191 ◽  
Author(s):  
Anthony Clayton
Keyword(s):  
Structural Adjustment ◽  
Public Expenditure ◽  
Policy Framework ◽  
Tourist Industry ◽  
Policy Coherence ◽  
Short Term ◽  
Policy Conflict ◽  
The Common ◽  
Expenditure Reduction

The common failure to give due weight to environmental and social factors creates a risk that that short‐term economic growth objectives may be traded off against long‐term objectives, such as environmental quality. This potential policy conflict may be exacerbated in the developing countries that are undergoing structural adjustment, as the associated trimming of non‐core public expenditure will typically include measures designed to manage the environment. Thus the long‐term future of the vital tourist industry might be compromised in the process of meeting short‐term public expenditure reduction targets. The solution lies partly in improved policy coherence; micro‐level prescriptions are more likely to be sustainable per se and also help to underpin a wider process of sustainable development if the appropriate policy framework is analysed and evolved integrally, as part of a coherent national plan. The need, therefore, is for an appropriate, flexible structure that could capture the business, environmental and developmental aspects of tourism.

The Politics of When: Redistribution, Investment and Policy Making for the Long Term

2008 ◽  
Vol 38 (2) ◽  
pp. 193-220 ◽  
Author(s):  
ALAN M. JACOBS
Keyword(s):  
Policy Making ◽  
Pension Reform ◽  
The United States ◽  
Institutional Constraints ◽  
Short Term ◽  
Cross Sectional ◽  
Organized Interests ◽  
Conventional View ◽  
Policy Choices

Why do some elected governments impose short-term costs to invest in solving long-term social problems while others delay or merely redistribute the pain? This article addresses that question by examining the politics of pension reform in Britain and the United States. It first reframes the conventional view of the outcomes – centred on cross-sectional distribution – demonstrating that the politicians who enacted the least radical redistribution enacted the most dramatic intertemporal tradeoffs. To explain this pattern, the article develops and tests a theory of policy choice in which organized interests struggle for long-term advantage under institutional constraints. The argument points to major analytical advantages to studying governments' policy choices in intertemporal terms, for both the identification of comparative puzzles and their explanation.

scholarly journals Essays On Disaster Management Issues Related To Household Preparedness And Public Attention

2021 ◽  
Author(s):  
◽  
Masoumeh Habibi
Keyword(s):  
Latin American ◽  
The United States ◽  
Public Attention ◽  
Short Term ◽  
Western Countries ◽  
The World ◽  
Standard Deviations ◽  
Household Preparedness

<p>This dissertation contains an essay on the effects of earthquake exposure on household preparedness in the short and long term and two essays on the predictors of public attention to earthquakes around the world.  In Chapter I, I use a difference-in-differences method to estimate the causal effects of the 2010 and 2011 Canterbury earthquakes on people’s preparedness in the short-term (one month after the second earthquake) and long-term (up to 25 months after the second earthquake). I find that people who experienced the earthquakes increase their preparedness by 0.67 standard deviations in the short term. This impact stays positive but declines to 0.42 standard deviations in the long term. In chapter II, I investigate whether people from Western countries pay more attention to earthquakes in Western countries. I use Google Trends data and examine the proportion of Google searches from the United States, the United Kingdom, Canada, Australia, and New Zealand for 610 earthquakes across the world over the period of 2006-2016. I find that people in these countries pay on average around 50 percent more attention to earthquakes in Western countries. My results are significant and consistent after controlling for geographical and social characteristics but becomes small and insignificant once I control for GDP per capita of the countries where the earthquake struck. There seems to be a developed country bias rather than a Western country bias. In the final chapter, I measure public attention – using the volume of Google searches – from 18 countries and investigate which factors predict public attention to earthquakes at international level. I focus on 372 earthquakes registered as disasters in The Emergency Events Database (EM-DAT) over the period 2004-2018. I find that people pay more attention to earthquakes in richer countries, in more democratic countries, and in countries with which they have more social and cultural similarities. I also find that social and cultural similarities predict more public attention from Western and Latin American countries and less public attention from Arab and Sub-Saharan African countries. While, the findings of the economic and political status of countries are universal and predict more public attention in all four groups of countries.</p>

scholarly journals Profesionalisme Pegawai Ditinjau Dari Aspek Pengorganisasian Dalam Pelayanan Publik

2020 ◽  
Vol 9 (1) ◽  
pp. 55
Author(s):  
Abdul Wahab Podungge ◽  
Asna Aneta
Keyword(s):  
Organizational Performance ◽  
Policy Making ◽  
Qualitative Method ◽  
Medium Term ◽  
Short Term ◽  
One Stop ◽  
Leader Role ◽  
Investment Service

This article aims to analyze: Employee professionalism in terms of organizational aspects in publik services. The method used in this article is a qualitative method. The results of the article show that the tendency of apparatus to be less professional in carrying out their duties and functions is partly due to the low motivation to make changes and innovate. The apparatus tends to be reluctant to make changes due to a lack of encouragement from the leadership. In realizing a professional, accountable, and transparent apparatus, it requires a leader role as a guide and has a visionary spirit and vision in the Gorontalo City One Stop Integrated Services and Investment Service. Concrete steps for leaders in creating a democratic climate where subordinates are included in every policy making related to improving organizational performance and building two-way communication in every activity will make subordinates feel that they are an important part of the organization. The attitude of the leader to foster a responsive spirit in every employee can improve the quality of licensing and non-licensing services in Gorontalo City. Efforts that can be made to foster the professionalism of the personnel are by making long-term, medium-term and short-term work programs and setting priority scales in every activity aimed at improving the quality of publik services.Artikel ini bertujuan untuk menganalisis tentang profesionalisme pegawai ditinjau dari aspek pengorganisasian dalam pelayanan publik. Metode yang digunakan dalam artikel ini yakni metode kualitatif. Hasil artikel menunjukan bahwa kecenderungan aparat kurang profesional dalam menjalankan tugas dan fungsinya antara lain disebabkan oleh rendahnya motivasi untuk melakukan perubahan dan berinovasi. Aparat cenderung enggan melakukan perubahan dikenakan kurangnya dorongan dari pimpinan. Dalam mewujudkan aparat yang profesional, akuntabel, dan transparan maka dibutuhkan peran pemimpin sebagai pengarah dan memiliki jiwa dan pandangan yang visioner pada Dinas Penanaman Modal Dan Pelayanan Terpadu Satu Pintu Kota Gorontalo. Langkah-langkah konkrit pemimpin dalam menciptakan iklim demokrasi dimana bawahan disertakan dalam setiap pengambilan kebijakan yang berkaitan dengan peningkatan kinerja organisasi serta membangun komunikasi dua arah dalam setiap kegiatan akan membuat bawahan merasa dirinya adalah bagian penting dalam organisasi. Sikap pemimpin untuk menumbuhkan jiwa responsif pada setiap pegawai dapat meningkatan kualitas pelayanan perizinan dan non perizinan di Kota Gorontalo. Upaya yang dapat dilakukan untuk menumbuhkan profesionalisme aparatur adalah dengan membuat program kerja jangka Panjang, jangka menengah, dan jangka pendek serta menetapkan skala prioritas dalam setiap kegiatan yang bertujuan meningkatkan kualitas pelayanan publik.

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