1) The document discusses the global economic meltdown that began in 2007-2008, tracing its origins to the growth of the housing bubble, easy credit conditions, subprime lending, and the collapse of Lehman Brothers.
2) It analyzes the impact on the Indian economy as well as government initiatives in response. Key sectors like manufacturing, finance, and trade were negatively impacted.
3) While conditions have improved, the document warns that India must learn lessons from the crisis. Proper testing and awareness of market insights are still needed to prevent future downturns. Careful investment and experience can help investors emerge successfully.
The concept of impossible trinity in Macro-Economics, Course handled by Prof. Rudra Sen Sarma, IIM Kozhikode. Presented for an introduction into Macro Economics concepts
Case Study - Financial Crisis of 1997 - South Korea
1. Political and Economical History
2. Causes Of Financial Crisis
3. Consequences Of Financial Crisis
4. Recovery Measures
5. Current Situation - Political & Economical
6. Vulnerability of Current Economic situation to another future financial crisis
7. Economic Projections
8. Recommendation to save South Korea from another Hit
This is the presentation which I made for a Paper presentation competition. and i won the 1st prize.. wat better way to start my life on slideshare...
The topic was "India in Recession?". the question mark in the end signified that we could take our stand whether India was in a recession (that's in early 2009)... I took my stand, presented hypotheses, and proved it..
The concept of impossible trinity in Macro-Economics, Course handled by Prof. Rudra Sen Sarma, IIM Kozhikode. Presented for an introduction into Macro Economics concepts
Case Study - Financial Crisis of 1997 - South Korea
1. Political and Economical History
2. Causes Of Financial Crisis
3. Consequences Of Financial Crisis
4. Recovery Measures
5. Current Situation - Political & Economical
6. Vulnerability of Current Economic situation to another future financial crisis
7. Economic Projections
8. Recommendation to save South Korea from another Hit
This is the presentation which I made for a Paper presentation competition. and i won the 1st prize.. wat better way to start my life on slideshare...
The topic was "India in Recession?". the question mark in the end signified that we could take our stand whether India was in a recession (that's in early 2009)... I took my stand, presented hypotheses, and proved it..
The file highlights the importance of the macro-economics related to a country's budget. Lot of guidance has been taken from www.mrunal.org where the concepts have been very lucidly explained.
Global synchronization provide upward bias to Equity based investments once again. In depth look at how Janney breaks down the year ahead and where to invest to take advantage of the reemergence of Global Growth.
The major reasons for the recession that hit worldwide especially the US and Eurozone.
The subprime Crises, US housing Crisis with Facts and Figures and The Fix.
This is a lecture on capitalism, entrepreneurship, and international finance. The seminal ideas came from Dick Smick who is privy to many events and upheavals in intl finance. He had a book on "The World is Curved" He describes in broad stroke the role of entrepreneurship in international finance , and how finance shapes entrepreneurship
This presentation describes the role of governments in entrepreneurship. Some good examples are China Taipei, Red China, Malaysia, Singapore and USA. Governments are traditionally seen as very poor in business management. (I think it still is.) But Taipei and Singapore did very well in its role. To a large extent, Red China and its Central Bank are making direct investments not only in currencies, bonds and financial instruments but directly in commodities and businesses. And we should admire the Chinese officials for their courage and risk taking.
The file highlights the importance of the macro-economics related to a country's budget. Lot of guidance has been taken from www.mrunal.org where the concepts have been very lucidly explained.
Global synchronization provide upward bias to Equity based investments once again. In depth look at how Janney breaks down the year ahead and where to invest to take advantage of the reemergence of Global Growth.
The major reasons for the recession that hit worldwide especially the US and Eurozone.
The subprime Crises, US housing Crisis with Facts and Figures and The Fix.
This is a lecture on capitalism, entrepreneurship, and international finance. The seminal ideas came from Dick Smick who is privy to many events and upheavals in intl finance. He had a book on "The World is Curved" He describes in broad stroke the role of entrepreneurship in international finance , and how finance shapes entrepreneurship
This presentation describes the role of governments in entrepreneurship. Some good examples are China Taipei, Red China, Malaysia, Singapore and USA. Governments are traditionally seen as very poor in business management. (I think it still is.) But Taipei and Singapore did very well in its role. To a large extent, Red China and its Central Bank are making direct investments not only in currencies, bonds and financial instruments but directly in commodities and businesses. And we should admire the Chinese officials for their courage and risk taking.
2. Recession and Depression Recession: In economics, a recession is a business cycle contraction, a general slowdown in economic activity over a period of time. Depression: In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe downturn than a recession, which is seen as part of a normal business cycle.
3. History of Economic Meltdown . G D P Years Graph of the Great Depression timeline from 1920 - 2010
4. How it all started? Growth of the housing bubble Easy credit conditions Sub-prime lending Predatory lending Increased debt burden or over-leveraging Commodities boom Banking industry collapsed (Lehman Brothers announced bankruptcy) The crisis engulfed the whole US economy Soon the stock market of many countries were in red Worst hit were: the European Union (EU) and Japan
7. The Present scenario The badly hit sector at present being the financial sector, and major issue being the "LIQUIDITY Crises" in the market. To curb the liquidity crises the RBI will continue to initiate liquidity measures as long as the current unusually tight domestic liquidity environment prevails. Lowering of interest rates and reduction of PLR is necessary. The BOP- Balance of Payment deficit – at a time when domestic credit demand is very high – is resulting in a vicious loop of reduced access to liquidity, slowing growth, and increased risk-aversion in the financial system. Several people lost jobs-facing the financial problems. But , the current condition of Indian markets have drastically improved. There is absolute transparency and instant transactions. The markets is undergoing a change from a bullish temperament to a bearish slide. Any small bit of information or even a rumour from any part of the country can affect the market and is a fairly accurate indicator of the prevalent atmosphere in the region or country. Banks providing business loans at low rates.
8. ARE INDIA’S POMPOUS CELEBRATIONS OVER? Agriculture set to grow by 2.4% against 4.9% Financial Year 2009 -2010 Manufacturing is likely to expand by 3.4% against 8.2% Financial, Insurance & Real estate are set to grow by 8.1% against 11.7% Trade,Hotels ,Transport & Communication Projected to grow by 8.1% against 12.4%
9. The moral of the story Economic meltdown reminded us that it is the time to think, reassess, revaluate, redefine and realign. It is time for full brain thinking. The recession got our attention; we now must learn from it and use its tough but valuable lessons. We realize we can't spend what we don't have; credit and credit cards are not the same as cash. We should not always rely on the daily list of BSE top gainers or BSE top losers as it only takes a minute to get the things changed here. Keeping ones eyes and ears open can insure the investor against any major losses. Following such rules and with some experience and practice, one can emerge victorious and can churn out a fortune for himself as well. Hence, it is a way to turn your savings into a fortune.
10. What is still needed? The Indian Stock Markets can be a very rewarding avenue of investment but the constant changes and the inherent dynamic nature of the markets can wipe out your funds or savings within a minute. Thus, the key words for every retail investor is to be constantly alert and very observant. Keeping ones eyes and ears open can insure the investor against any major losses. Following such rules and with some experience and practice, one can emerge victorious and can churn out a fortune for himself as well. Hence, it is a way to turn your savings into a fortune. The case still remains that most countries don't actually know they're out of recession until the official numbers are produced. Now is the time when employers need to be thinking ahead and repositioning themselves for the next phase of growth. The National Bureau of Economic Research only announced in December 2008 that the United States had been in recession since December 2007.Therefore,proper testing techniques should be designed , implemented, and made available to know the inner insights of the market and economy.
CRR Rate in IndiaCash reserve Ratio (CRR) is the amount of funds that the banks have to keep with RBI. If RBI decides to increase the percent of this, the available amount with the banks comes down. RBI is using this method (increase of CRR rate), to drain out the excessive money from the banks.
A liquidity crisis occurs whenever a firm is unable to pay its bills on time or lacks sufficient cash to expand inventory and production or violates some term of an agreement by letting some of its financial ratios exceed limits. It is the financial manager's job to ensure that this never happens. But it happens and all interests involved start to scramble to protect their positions.prime lending rate(PLR)