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GLOBAL RECESSION: AN OBJECTIVE EPILOGUE Presented at: RICON 2009 RAI BUSINESS SCHOOL International conference on CRYSTAL BALL GAZING: Management Practices Beyond Recession 7 th  -8 th   August, 2009 , Presented by:- Rashmi Malapur, Faculty,  International Business School, Mumbai
AYN RAND ,[object Object],[object Object]
AYN RAND ,[object Object],"Today, people are beginning to understand that the government's account is overdrawn, that a piece of paper is not the equivalent of a gold coin, or an automobile, or a loaf of bread—and that if you attempt to falsify monetary values, you do not achieve abundance, you merely debase the currency and go bankrupt." — Ayn Rand, "Moral Inflation,"  The  Ayn  Rand Letter ,  vol. 3, no. 12, p. 1
WHICH WAY DO WE GO ? KEYNES V/s ADAM SMITH ,[object Object],[object Object]
Joseph E. Stiglitz and Y.V. Reddy ,[object Object],[object Object],[object Object],COMMON SENSE
[object Object],[object Object],[object Object],[object Object],[object Object]
DECOUPLING THEORY HAS FAILED ,[object Object],[object Object],[object Object]
“   Small and Medium Enterprises drive industrial growth and development. Let us have a look at the Indian SME sector: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How does the Indian business community respond to this crisis? ,[object Object],[object Object],[object Object],[object Object]
CREATIVE DISRUPTION-Jean Marie Dru ,[object Object]
INSIDE THE BOX THINKING ,[object Object],[object Object],[object Object],[object Object]
  Capitalism ,[object Object],[object Object]
Path for the Indian companies ,[object Object],[object Object],[object Object],[object Object]
How could the government help? ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
BOOMING AHEAD WITH OPTIMISM "But we do have a plan. We're working on it. And, I do think that we will get it stabilized, and we'll see the recession coming to an end probably this year.“ -Ben Bernanke Federal Reserve Chairman  ,[object Object]
References: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Ricon conference ppt

  • 1. GLOBAL RECESSION: AN OBJECTIVE EPILOGUE Presented at: RICON 2009 RAI BUSINESS SCHOOL International conference on CRYSTAL BALL GAZING: Management Practices Beyond Recession 7 th -8 th August, 2009 , Presented by:- Rashmi Malapur, Faculty, International Business School, Mumbai
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