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Beskrivning
Market failure at medium intervals is inevitable in a capitalist economy. In this volume an attempt has been made to appraise the working of a market economy where short term disturbances may occur, market efficiency reduces, recessionary cycle emerges and after certain fundamental measures the market recovers.
N.M.P. Verma is a senior Professor of Economics at Babasaheb Bhimrao Ambedkar University, Lucknow, India. He has a very long teaching and research career. He has specialized in the area of macro, industry, and development economics. He has authored many books and extensively contributed papers in professional peer reviewed journals of national and international repute. He is also on the editorial board of International Journal of Economics and Finance, Canada and International Journal of Economics and Business Modeling, Mumbai, India. He has done research for University Grants Commission, Government of India, Indian Council of Social Science Research, World Meteorological Organization, Geneva and other agencies. He has served on several coveted positions including Vice Chancellor of the University. He is also the recipient of ‘Rajiv Gandhi Excellence’ Award, ‘Bharat Jyoti’ Award and ‘Best Citizens of India’ Award.
Innehållsförteckning
1. Understanding Recession: Conceptual Arguments and US Adjustments.- 2. Financial Crisis and the Great Recession in the United States.- 3. Dynamics of Deflation and Unemployment: Fall into an Abyss of Deflation.- 4. Market Fluctuations and Country Risk Relationships for Australian and Indian Energy.- 5. Chinese Economy After Global Crisis.- 6. The Role of Macroeconomic Fundamentals in Malaysian Post Recession Growth.- 7. Global Financial Crisis in South Asia: Today and Tomorrow.- 8. Asian Economic Crisis and Malaysia’s Responses: Implications for Employees in the Financial Sector.- 9. Output Growth during Post- liberalized India: An Input-Output Structural Decomposition Analysis.- 10. Recent Recession: Impact and Future Prospects for Indian Banking Sector.- 11. Impact Analysis of Global Downturn on the Indian Economy.- Index.