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A Study On The Causes And Impact Of Unemployment In India, Shruti Nair
A Study On The Causes And Impact Of Unemployment In India, Shruti Nair
International Review of Business and Economics
The rate of unemployment in India has been increasing over the years. The current paper aims to analyze the factors leading to unemployment and its impact on the Indian economy. The study focusses on how employment rate plays a major role in overall development of the economy. The study makes use of secondary data sources and focusses on the present scenario of unemployment in rural and urban areas. The paper analyzes how an increase in population, poverty, illiteracy, inflation and lack of full employment can lead to a slowdown in the growth of the economy.The paper discusses the problems faced …
Health Of The Economy And Its Measuring Indicators, J. Sugantham Parimala Ph.D.
Health Of The Economy And Its Measuring Indicators, J. Sugantham Parimala Ph.D.
International Review of Business and Economics
Health of the economy is an integral part of development and it is determined by the socio – economic factors like education, employment, population growth, income and environment. If the economy is not healthy internally, then it will not be able to interact effectively externally. Economists use a variety of indicators to assess the performance of the economy at a given time. By looking at changes in GDP we can see whether the economy is growing. GDP doesn’t necessarily tell us much about the state of the economy. But change in GDP does. If GDP goes up, the economy is …
Role Of Technology In Economic Development: With Special Reference To India, Kishore Kulkarni
Role Of Technology In Economic Development: With Special Reference To India, Kishore Kulkarni
International Review of Business and Economics
Traditional models (presented before 1980s) which claimed to explain the reasons and process of economic growth had rarely considered improvement in quality of technology (or innovation) as the main reason for economic growth. Most of the traditional models such as Harrod-Domar, Lewis etc focused on Capital (K) as the famous factor of production that individually suffered from the diminishing marginal productivity. In fact, the famous Neoclassical model of economic growth (Solow version) assumed that both traditional factors of production such as Labor (L) and Capital (K) go through decreasing returns to scale, which means by just applying more capital, or …
Indian Diaspora: Analysis Of Its Advantage To The Home Country And To The World, N. Shradha Varma
Indian Diaspora: Analysis Of Its Advantage To The Home Country And To The World, N. Shradha Varma
International Review of Business and Economics
Migration has been a common phenomenon since a long time. Movement of people across borders and thus, movement of ideas, new skills and technical know-how result in the benefits not only for the receiving countries but also for the sending countries. In this regard, it is very important to consider the role of Diaspora communities for the receiving countries and our study focuses on the role of Indian Diaspora communities residing in other foreign lands and will analyze their roles in enhancing the working of different sectors of the economy in which they live. The study further illuminates the contribution …