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Social and Behavioral Sciences Commons™
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Articles 1 - 3 of 3
Full-Text Articles in Social and Behavioral Sciences
Crafting Chaos: The Classification Of Unilateral Transfers Under The Current Account At Bretton Woods And Its Impact On Remittances To The Indian State Of Kerala, Anish Gawande
Undergraduate Economic Review
This essay aims to analyse the classification of unilateral transfers under the current account at Bretton Woods despite significant opposition from larger delegations of major Allied powers, bringing to the forefront the global liquidity of remittances in the post-War years permitted by their fully currency convertible nature. Using the example of the Indian State of Kerala, this paper charts the relevance of their sustained uninterrupted flow to their subsequent exponential growth in the last three decades, using the case study as a pivot to argue for better policy measures that maximise their multiplier effect.
Financial Intermediation And National Growth: Why India Needs To Further Develop Its Stock Markets, Deepika Gupta
Financial Intermediation And National Growth: Why India Needs To Further Develop Its Stock Markets, Deepika Gupta
University Avenue Undergraduate Journal of Economics
The aim of this paper is twofold: to show the positive growth effect on economies through steady stock market growth, and to analyze the performance of India’s stock markets over the last decade on national growth. I start out in Section I with economic analyses of the high correlation between stock market indicators and the development of all financial institutions. Studies conducted by other economists prove correlations between the stock market and other macroeconomic indicators such as liquidity, level of banking, volatility, consumption, income and stock prices. Section II is a detailed case analysis of the Bombay Stock Exchange (BSE) …
The Economics Of Dowry: Causes And Effects Of An Indian Tradition, Tonushree Jaggi
The Economics Of Dowry: Causes And Effects Of An Indian Tradition, Tonushree Jaggi
University Avenue Undergraduate Journal of Economics
I argue that dowries exist because of a combination of two reasons. First, there is an excess supply of women in the Indian marriage market that results in the use of dowry as an equilibrating mechanism. Secondly, a differential in the patterns of human capital accumulation of men and women have led to a larger positive benefit from marriage for women than for men, the net difference of which is theoretically equivalent to the amount of the dowry. Both these explanations for the existence of dowry are fundamentally grounded in the powerful social and cultural ideologies of marriage held by …