Economic Development of India Essay Example for Free

Economic Development of India Essay The capital market is the market for securities, where Companies and governments can raise long-term funds. It is a market in which money is lent for periods longer than a year. A nations capital market includes such financial institutions as banks, insurance companies, and stock exchanges that channel long-term investment funds to commercial and industrial borrowers. Unlike the money market, on which lending is ordinarily short term, the capital market typically finances fixed investments like those in buildings and machinery. Nature and Constituents: The capital market consists of number of individuals and institutions (including the government) that canalize the supply and demand for longterm capital and claims on capital. The stock exchange, commercial banks, co-operative banks, saving banks, development banks, insurance companies, investment trust or companies, etc., are important constituents of the capital markets. The capital market, like the money market, has three important Components, namely the suppliers of loanable funds, the borrowers and the Intermediaries who deal with the leaders on the one hand and the Borrowers on the other. ï  ® The demand for capital comes mostly from agriculture, industry, trade The government. The predominant form of industrial organization developed Capital Market becomes a necessary infrastructure for fast industrialization,and hence its important for the economy because india is a land if agriculture where more than 70 % of population depends upon agriculture and as India is also an developing nation so,industrialization is must necessary In this topic we have discussed that the development of stock market must contributes to economic growth both directly and indirectly. Hence stock market plays an important role in the economy of a country. Following the direct channel, we show that market liquidity has a positive impact on growth and indirectly market size affects investments which must affect growth of the country. Security markets also play a crucial role in economic growth and financial stability. The primary purpose of security markets is to serve as a mechanism for the transformation of savings into financing for the real sector, and hence constituting an alternative to bank financing. Recent local and global studies show that there is a positive correlation between the developments of stock markets and economic growth. Stock markets must be very efficient in the allocation of capital to its highest-value users. These markets also help to increase savings and investment, which are essential for economic development. If an equity market is informationally inefficient then investors face difficulties in choosing the optimal investment, because information on corporate performance is slow. Role of Securities Markets in Economic Development The increasing stringency of terms on both domestic and international loans, the urgency of mobilizing domestic resources by means other than dent finance has been greatly identified. The alternative to debt finance, of course is equity market. Capital market refers to the market for long and medium term funds for the business enterprise. It can be divided into securities and non-securities market. Securities market in turn may be divided unto the markets for primary issues and markets for secondary trading of the issued securities. In the secondary market, the existing securities change from the investor to another. There is no additional flow of funds for investment purposes in a secondary market; it only provides liquidity and marketability to the existing securities. A secondary market is very essential for a new issue market to develop. The secondary market can play most crucial functions in the pace of economic development by the promotion of savings and investment and efficient allocation of finds among the users. The securities market offers both investors and issues a broad spectrum of investment alternatives, which can help increase the level of both savings and investment. An efficient capital market can play the crucial role in mobilizing domestic savings for the purpose of investment

Kiss Bow or Shake Hands Essay -- Essays Papers

Kiss Bow or Shake Hands The book Kiss, Bow, or Shake Hands, is written specifically with those doing international business in mind. It is essentially a guide to over sixty countries and an explanation of their society and cultural customs. Knowledge of those with whom you are doing business not only can help avoid costly blunders it can also give you an advantage when dealing with them. The authors identify that there are three main factors that effect how people act, think, and make decisions. The first is religion, in some countries faith plays an important role in all areas of life in the culture of the country and can influence many of their customs and behavior. The second factor is that of fact. In many countries their greatest desire is to find the best deal and the best product or services. The final factor is feeling, if a culture is based on feelings the people will conduct business accordingly. For example it would be essential to make a personal connection with this type of individual. The rest of the book is spent discussing each of the countries in detail. For each country the authors give a brief explanation of the history of the culture. Then they give tips on what each country expects from a visiting businessman. This includes tips on whether or not it is okay to be late for meetings, proper behavior during a business lunch or dinner, and how to properly address people you come in contact with during your business trip. They also give a guide t...

Time Talk and Walk

In his article â€Å" Time Talk, with an Accent† Robert Levine discusses about culture shock when he lived in Brazil and understand Brazilian people’s habit about time. When he began his scientific journey in his early career as a professor of psychology at Federal University in Niteroi, Brazil and he found the hardest part of his life about punctual time rather than different language, his own privacy, and standards of cleanliness issues.As it described in article Robert Levine was a young American, that always cling on with timing in every hours, every minutes, and every seconds. He was taught to move fast in every way he did. In fact, Brazil has another thought of time, to slow down and do it later. It started when he lessons began in 10 o’clock, only a few students showed up, and another came late with smiled and relaxed, some of them greeted him with innocent, some of them apologized, some of them just came a minute when class came to end.At that time, he re alized that brazilian timepieces are inaccurate, and it seemed nobody care beside him. Furthermore, time made him to wait about one and half hour when he wanted to see his chefe. Until his chefe called him to come in and chatted for a few minutes because she had to run for another appointment at the same time. Robert Levine learned that she is a type person who like to make a lots of appointment for the same time and to be late for all of them.Another time case, he had to wait for his appointment with his landlord, he planned to came back after twenty minutes. In fact, he found out the landlord gotten tired of waiting for him. Angry, frustrated, bewildered, and fascinated made him understand about how Brazilians’ beliefs and rules about punctuality. In the end, there are drastic differences from culture to culture, city to city, and neighbor to neighbor. He explained only time can tell those differences.

Designated Driver Program Proposal Essay - 2465 Words

Improperly Cited Designated Driver Program Proposal ?Where there is great pain, there is great motivation for change (168).? This concept in Civic Revolutionaries is exactly what we are trying to prevent by creating a designated driver program. For pain to motivate change, it means that the change is a reactive measure to tragedy. Our hope by creating a designated driver program is to proactively stop college students from driving under the influence of alcohol. The group members for this project are Joey Ham and Lauren Press. For our Community Change Initiative, we?ve found that a designated driver program would benefit the University of Denver community, comprised of students, faculty, staff, and administration.†¦show more content†¦Therefore, risks like drunk driving are common actions that these students have continued in college. Another example of how the University of Denver fits the specifications of a community is through the comparison of DU to the ?Five Building Blocks for Successful Communities? by Suzanne M. Morse. In the article, Morse states that ?the evolution of community seems to be settling on two new nexuses: the community of interests and the community of relationships? (230). Various interests have brought people to the University of Denver community, such as academic programs, location, etc. These interests also help individuals form relationships. One consistent relationship builder on all college campuses is the common interest of alcohol consumption. As these relationships build and grow, so too do the amount of poor decisions made while consuming alcohol. Finally, a third way that the University of Denver demonstrates the characteristics of a community is conveyed in David D. Chrislip and Carl E. Larson?s Collaborative Leadership. Chrislip and Larson state that ?communities must look inward for the incentive and capacity to change? (xiii). Within the University of Denver community, the administration must look at campus specific issues and create change to resolve those issues. One specific change was the creation of the Saferide program. The administration recognized that our location was in an urban city and that many students areShow MoreRelatedEssay about Changing the Drinking Age to 181228 Words   |  5 Pagespercentage of drunk drivers on the road still. There are more and more teenage drivers on the road currently and these defensive driving courses would help make responsible drivers aware of the dangers and prevent them from accidents involving the drunk driving. No matter what the legal drinking age is there wil l always be drunk drivers on the road. Teenagers are over-represented in driving accidents involving alcohol. 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