Macro Economic Variables: Impact on the Economic Development of the Country
Journal Title: International Journal of Marketing and Technology - Year 2012, Vol 2, Issue 5
Abstract
As the process of economic growth is a continuous process, it needs to create chain reactions of such forces which may set in motion the process of income generating in the economy. This gigantic task of economic development, therefore, can be influenced by a groups of factorseconomic, social, political, technological and administrative etc. In recent years underdeveloped countries have made concerted attempts to develop with the objective of narrowing down the gap that presently exists between them and the developed countries. Having detailed the serious impediments in the path of economic development and factors for the constant poverty of under developed countries, one logical question arises automatically as to what are the factors governing economic development of a country? In simple words, the answer to this very question implies that stupendous efforts should be made to remove the bottlenecks of underdevelopment or strongly defeat the forces of stagnation. In this research paper an analysis has been made to understand the various macro economic variables and their impact on the economic development of the country.
Authors and Affiliations
Dr Surender Kumar Gupta and Ms. Shivani Gupta
Keywords
Related Articles
- EP ID EP19452
- DOI -
- Views 295
- Downloads 11
Contribution of an Effective Performance Appraisal System in the Growth of New Startups
Today, every organisations endeavour to maintain their long term sustainability, growth, and diversify their business to the maximum possible extent with the help of their competent work force. An Effective performanc...
FINANCIAL PERFOMANCE (RATIOU ANALYSIS) IN PREMIER MILLS PVT LTD, HOSUR
Accounting process involves recording classifying and summarizing various business transactions. The Day to today transaction of a business are recorded in the different subsidiary books .the transaction are posted in...
INVESTORS BEHAVIOUR IN VARIOUS INVESTMENT AVENUES – A STUDY
This study deals with the behaviour of the investor to identify the better investment avenues available in India. The investment strategy is a plan, which is created to guide an investor to choose the most appropriate...
Introduce a mathematical model for the Metro Passengers Waiting Time
Can be say all or most people tend to do the work faster and also move faster from place to other place, and fed up with the factors which could cause things done and moving on slowly and keep aloof too waiting. In thi...
Marketing of Nanobiogarments
The amalgamation of science and fashion lead to the emergence of “Nanobiogarments”. As the market is at its recession, the growth of apparel industry is burgeoning year by year. The market of India is also affected by...