Archive for the ‘economics’ Category
The Contribution of the Euro-dollar Market to the Modern Financial World
The Euro-dollar market* had caused many changes to the modern financial world in which, the open competitive effect of the international money market caused the liberalization by almost all industrialized countries of domestic money and banking markets. The market acted as a fully international mechanism for attracting deposits and offering loans, over a broad range of maturities and at highly competitive rates. The first important development of Euro-dollar business came after the Second World War, when Soviet bloc holders of dollar balances wanted to keep them in a form not subject to control by the US authorities. They kept them with London banks. However, the development of the market as a large-scale international structure really dates from 1957. It was Read the rest of this entry »
No Comments"how to Solve From Poverty to Nuclear War" – Democrism – the Third Theory
How To Solve From Poverty To Nuclear War”- (Democrism – Third Theory)-Part 1
DEMOCRISM – THE THIRD THEORY
By Prof Viswanathan,
Director,
International socio-Economic Research Bureau,India ( economist@dataone.in)
Introduction
1. The salient feature of this book is to unfold the implicit meaning of “Democratization of Economy” and its resultant impacts that are now dominating and intruding in all economic activities such as determination of volume of employment, volume of production, volume of consumption, volume of investment, fixation of just price and so on.
2. Inherently the term “Democratization of Economy” manifests, in essence, the judicial mode of “the distribution of capital to the people, the creation of investment for the people and the rule Read the rest of this entry »