International law and Cambodian Global Input

International Law reached its peak just after the Second World War. The reason for the existence of international law is that it would reduce potential inter-state wars, and the promotion of international peace and security and economic growth. Unfortunately, until now, international law is a relatively new word here in Cambodia, as our view of stability and economic benefits.

The past few decades we have seen in Cambodia very active in regional and globalParticipations; Memberships Association of Southeast Asian Nations (ASEAN), World Trade Organization, World Intellectual Property Organization and other regional organizations and political / economic meetings in regional and global levels, as well as signatories to other international legal instruments. The purpose of these investments and other high-level meetings are: "stability and economic growth."

Practical and looked into the issues in CambodiaInternational Law, this foreign investments in Cambodia a formula to achieve stability and economic growth? International Law is a relatively new word, here in Cambodia. "Relatively new," that actually know only a few government officials and the public always with what we call international law only.

To know when LL.M candidate, with a focus on international law, I have come that no more than two Cambodian universities offering this course, with quite acceptableQuality. In addition, educational materials, and professors are always inadequate. Most importantly, international law is extremely far from the interests of young students.

The personal testimonies mentioned above, I feel that any of the answers, why Cambodia is lacking behind other countries in the region and in other countries around the world, particularly in the concept of competitive advantage that we are in extreme shortage of International Law human resources. Extreme lack of internationalHuman resources means that we can not get what we deserve at the bargaining table, our national interests are distorted by international instruments in other countries, our diplomacy, stigmatized, and thus the interests of the Cambodian public spheres.

Technology Drive Bangalore Real Estate

Internet retailing has a dramatic impact on retail properties in Bangalore by reinforcing the trend towards entertainment and convenience oriented tenants, to help retailers expand into multichannel distribution systems, with Internet sites and "rural" business has .

The technology is so pervasive in our society that it is difficult to isolate and evaluate their impact on real estate demand. Technology influence on demand is generally positive view of theessential for economic growth.

"Fortunately, through continued innovations to adapt the tenant mixes, and investments, retail owners, many potential moderate decline in retail demand from consumers. In the long run can do is the rent pressure as expected and if the communication channel is growing," says Zaffar Sait, DGM Business Development, Prestige Group, Bangalore.

However, the technology will significantly reduce demand in some areas anddemand in others, making winners and losers of certain characteristics or geography. Investors and other real estate professionals who will maintain vigilance over technological change outperform their competitors.

Impact on commercial real estate

The technology is generating a positive net effect on the office employment growth, in turn creating a huge demand for real estate in Bangalore. The demand for "intelligent" building technologies by office tenants is not inits infancy. Regardless of the type or size of the tenant, the central issues driving the tenant office leasing decisions are cost, proximity to the residence of the head, access to current and prospective employees, proximity to customers or clients, and proximity to restaurants and Recreation.

Few industrial property are interested in the "intelligent building technology. The owners are to be placed on providing the backbone infrastructure to enable the widest range of tenants, concentrated in itsProperties.

The technology has an important engine of economic Bangalore always been, and will do so in the future. Accordingly, while many new technologies appear, in isolation, reduce real estate demand, the net effect of technology on economic growth and the real estate demand fairly positive.

Making a Living from anywhere in the world Currency Trading

Earn money with Forex trading on-line. Currencies are the most active, heavily traded financial instruments in the world. The liquidity of the Forex market directly translated into several distinct advantages for traders to gain an understanding. There are companies and trade schools you on the Internet, providing you with a fee or for another train that you can and become a member, and many will try to show you can find all the ways. Some companies offer free demoHelp care. Its like playing with money until you hang them. All anyone really needs is a computer. To operate, so you should be able, with very little effort. With more than over a telephone line or a wireless Internet computer card, you should all set. And you can with very little money. I know people who have started this game with as little as $ 300.00. And I'm sure there are others who have started with even less. The public has succeeded only in recent years,Participation in this trade. It was not very long before that pitch was exclusively for governments and major international and prime bankers.

Forex trading generates about $ 1.9 trillion per day in volume, which is by far the world's largest liquid market. Serious traders know that offering futures and equity markets, limited liquidity as compared to the cash market.

In addition, however, there are many currencies around the globe, about 80% of alldaily trading volumes in the major G-7 currencies concentrated. In contrast, the futures market, among hundreds of types of products, fragmented across dozens of records, and stock market volume will be distributed to a few tens of thousands of listed stocks.

Order Execution

The deep liquidity of the Forex market ensures that bid / ask spreads tend to be very tight, and the market can absorb large trades quickly and easily. More ...
24-hour trading, no matter where youare
You always get tight bid / ask spreads, day or night, because the currency market offers round-the-clock liquidity. As a trader, this allows you the economic and political events immediately respond. More ...

Risk Management

The Forex market is large and almost non-stop activity indicates that it tends to act in an orderly manner as futures markets. Dangerous gaps and limit moves are trading virtually impossible. They are usually able to getinto and out of position with ease.

No market manipulation

Thin stock and futures markets can be pushed upwards or downwards by specialists, market maker, commercials, and locals. Given the sheer size and depth of the spot FX market, but real buying / selling of banks and institutions is necessary to move prices. Any attempt to forex market is typically manipulated in vain.

Trade FX and Reduce transaction costs

Every trader should know that the transaction costs can reduceTo exaggerate gains or losses. Due to the decentralized nature of the electronic FX market, transaction costs are significantly lower than the costs associated with trade either stocks or futures.

No Exchange Fees

The lack of a central exchange, as does the New York Stock Exchange, or CME, that there is no fee for exchanges with FX. Meet Considering equity and futures markets, small pieces of each transaction, the foreign exchange market an over-the-counter market, which means that the participants directly with aanother, usually over the Internet.

No commissions

FX costs through efficiencies created by a purely electronic marketplace that customer directly with other dealers or distributors to deal so that no agent, brokerage, commissions, fees and ticket allows creates reduced. There are no commissions to pay when you trade FX.

High transparency

Every financial market has a spread between the bid and ask price. In the futures and options marketscurrent offers and will not appear often, so that the actual cost of trade is hidden. In contrast, in the FX market you can always see the latest offers and demands, so you always know the true cost of trading.

Low bid / ask spreads

Since the FX market is global, continuous and increasingly liquid, dealers benefit from the close, competitive prices, day and night, so this is an excellent choice for aggressive market short-term traders and longer-term position traderalike.

Free streaming quotes

Since FX is a decentralized marketplace, real-time, streaming prices are absolutely free. Real-time streaming futures data, in particular, has always been exorbitant prices, were to convert more and futures exchanges by associations for non-profit public company, it is reasonable to assume that these costs may increase. This trend is likely to be the FX market cost advantage even more pronounced.

24-Hour CurrencyTrading

Forex trading mainly follows the sun around the world, so you can buy and sell currencies 24 hours a day. If there is a market-moving event, day or night, you can use it.

- Somewhere in the world, there is always a major financial center open where banks, hedge funds, international corporations, and individual speculators in foreign exchange trading. If you have an event-driven traders, the 24-hour nature of forex market you will respond tovirtually every important development, regardless of when it occurs.

- In contrast, the central exchange in the stock and futures markets in fact near the end of each business day and after-hours market liquidity is thin and sometimes treacherous.

- Are there mean almost continuous trading and low liquidity, it is less dangerous gaps in the foreign exchange market so that you do not have the unfortunate surprise of a market that closes and opens one day bear the nextat a drastically different price.

- Stock and futures traders, carrying positions overnight, the very real danger that the items may not be able to be suspended immediately liquidated, this should be necessary or desirable. When trading resumes the following day, the prices can have significantly shifted from the vicinity of the previous afternoon.

Major Financial Center, Chicago Time GMT

Tokyo Open 6:00 PM 00:00

Tokyo Close 3:00 09:00

London Open Clock 2.0008:00

London Close 11.00 17:00

New York Open 7.00 13.00

New York Close 4:00 PM 22:00

Forex Market Overview

Many professional traders have come to love foreign currency because of its strong advantages and exciting opportunities. Not sure how the forex market works? Here is a brief overview to help you get started.

The operation of the market factors

Currency prices are a variety of economic and political conditions, such as interest rates hitPrices, inflation and political stability. The central banks of various governments occasionally intervene in the foreign exchange market to influence the value of its currency, either by flooding the market with its own currency in a bid to the price, or conversely low by buying in order to raise the prices. All of these factors, as well as large market orders, can cause high volatility in exchange rates. However, the size and depth makes the forex market, almostimpossible to go for individual market participants to "the market in one direction for long periods.

Economic Growth

Investors want to be sure that they invest in a solid economy that is achieving steady growth. Forex traders with a view to assessing the economic growth of a country, is seeking unemployment, trade, and GDP data.

Interest

Money tends to follow interest rates. When interest rates rise, money flowing into the countryfrom around the world, as investors have focused on benefiting higher returns. To determine whether interest rates will rise or fall, investors pay to economic indicators, inflation, as well as speeches by influential personalities. In general, the timing of interest rate moves in advance is known. Take place regularly in the meetings, after the Bank of England planned, the U.S. Federal Reserve, European Central Bank, the Bank of Japan, and other central banks.

PoliticalStability --

Make election turmoil, changes in government, high unemployment and international conflict all investors cautious to put their money in a particular country. Investors will look for important news, from a country.

Forex is a decentralized, OTC market

The forex market, unlike other financial markets have no physical location or central exchange. It is rather an over-the-counter (OTC) or 'interbank' market, due to the fact that the participants directly withwith each other over the phone or an electronic network. The Forex market is unique in that live there, active, continuous trading, 24 hours per day for most of the week. Somewhere in the world, there is always a major financial center open where banks, hedge funds, international corporations, and individual speculators in foreign exchange trading. Essentially, Forex trading follows the sun around the world, the traders buy and sell currencies when it is appropriate, orwhenever the need arises. Currencies of the world are on a floating exchange rate and are always traded in pairs like the Euro / Dollar or Dollar / Yen. Forex transactions, always with the simultaneous buying of one currency and selling another - in other words, in any open position, an investor is long one currency and short another.
FX traders express the position in relation to the first currency in the pair. For example, a dealer, bought the dollar and selling yen (USD / JPY) on103.99 is considered "long" the USD / JPY (pronounced "Dollar / yen). Latest convention is a unit of the first currency in the two shown in relation to the second currency in the pair expressed. For example, if the USD / JPY pair is quoted as 1.6433, it means that $ 1 is the equivalent of 1.6433 Japanese yen.

Regulation of the Forex Market

The Commodity Futures Modernization Act of 2000 (CFMA), the responsibility for the supervision and regulation of foreign exchangeMarket with the Commodity Futures Trading Commission (CFTC). Generally, if a brokerage company provides over-the-counter (OTC) foreign exchange trading for retail customers, it must be registered as a Futures Commission Merchant (FCM) can be registered, subject to strict capital requirements.

Good luck and have fun and hopefully earn some money.

New survey shows decline in house prices

Real estate prices have continued to fall, has given a new set of numbers. In figures released by the Royal Institution of Chartered Surveyors (RICS), 14.6 percent more respondents there was a fall release, rather than a rise in property prices during September. Compared to the difference of 3.3 percent recorded in August. Consequently, we found the institution that registers the most recent data, the fastest decline since September 2005, reflecting 19.4 percent moreChartered Surveyors showed a decrease than an increase.

Meanwhile, 51 percent more surveyors a fall than a rise in the level of new buyer inquiries, as the reported effects of five interest rate rises since August 2006 and stricter mortgage lending criteria has been shown to have brought charges for the consumer to ensure the repayment of bonds. In addition to such requests from consumers now have for ten consecutive months, the fastest pace in more than four years to please. Confidence in the pricesOn the other hand have also reached a record level below - which is currently at its lowest level in almost two and a half years.

However, Rics also pointed out that the economy remains fundamentally sound "and the demand for property coverage, which means that housing prices could rise again in the future could be predominant.

Overall, were the most pronounced are the property price falls in Wales to see, take East Anglia and the Midlands, but also seen in Yorkshire, in the south of England and theNorth-west. Conversely, Scotland has the strongest growth in house values over the last few months, news that can be seen by those who welcomed withdraw capital from their homes as a means of loans to use in the region.

Jeremy Leaf, RICS spokesman, said that despite the decline in house prices, recent economic conditions and more people are fighting to see to manage their finances. He said: "Although house prices continue to fall, the underlying economyremains strong. A major correction in the market seems unlikely while economic growth remains above trend and employment conditions lively. The combination of rising interest rates, the introduction of home information packs and volatility in financial markets due to the tightening of lending criteria is certainly affected the confidence of buyers and sellers.

"As a result, some buyers would turn to the rental market, while others realize that the nextmove the interest rates is now likely to take place and the market meltdown is highly improbable, are seizing the opportunity to negotiate with more flexible vendors in a less competitive market. "

For those who are already on the property ladder, which is their ability to handle financial concerns, which can be used for a secured loan at competitive prices as a result of the withdrawal of shares a wise decision. This year, research has shown that publishes GE Money Home Lending's houseInflation has risen sharply by about 1436 percent in the last 30 years. However, Gerry Bell, head of mortgage marketing for the company argued that the affordability of real estate remains a major issue for property buyers.

Federal Business Grants

Federal business grants are available for the promotion of small business growth. You are granted a rule on the basis of geographical location, the type of business or social activity, and whether to make it a potential for economic growth. Companies are not receiving a federal grant depends on a factor, but rather a combination of the listed together with availability, hard work and a good grant proposal.

Before you start writing a federalProvide business, you should all proposed by the Federal Business grants are available to identify you. The Government Catalog of Federal Domestic Assistance (CDFA) provides a list of federal business grants and other forms of assistance in financing companies. You can also possible on the Internet for business grants from the federal government, that you may be eligible. Be wary if the inclusion of this route. There are many cases of fraud, where people are promised, free money only foran application. If you have a website promising to help you get business federal grants make sure to look and see if they back their product with a money-back guarantee of the free trial. Any reputable company will be no problem to do so. If it does not apply.

After the federal business grants you want, you must be identified to provide for the funding agency with a detailed and accurate proposal. In this written proposal that you need to state your goals anda plan for running your business. In addition, you should come with a rough estimate for the amount of money you need for your activities.

Note that not all companies are federal grants available year-round. That is, as a candidate, you must note any deadlines for a federal business grant you are interested. This information will be available to the public, if granted the authority to supply the federal businessmakes an announcement of funds in the Federal Register. The Federal Register is published daily.

The government is more than willing to grant companies the Federal especially in an economic condition that remains unpredictable, allocation and has the need for further development.

Increasing economic growth benefits and costs

In the United Kingdom has an average growth rate of around 2.5% since 1945. Governments often try to increase the growth rate, since it will have several advantages.

Benefits of economic growth

1. First, a higher GDP means the economy produces more goods and services and allow consumers to consume more when the welfare of the people will then benefit related to consumption growth of the company.

2 At higher GDP collect more taxes to govt, this is because people pays more income tax and VAT. This is advantageous because the govt can use these increased revenues to reduce the level of public debt and / or give more money for public services and investments in the infrastructure of the country.

3. Higher economic growth leads to an increase in the demand for labor, because the companies produce more. Therefore, unemployment is falling, has several advantages such as lower govt spending on benefits and fewer social problems.

However> Economic growth has different costs.

1st If economic growth is not sustainable and higher than the long run trend rate inflation is likely.

2. Furthermore, this temporary boom in output is unlikely to continue and may be replaced by an economic downturn or a recession followed. So it can be very damaging to economic growth through sustainable increase. This boom and bust cycle happening in Britain in the late 1980s and early1990s.

3. Also an increase in economic growth could lead to a balance of payments problem. If growth is attributed by higher consumer spending, as in Britain, then there is an increase in imports. If it rises faster than exports, there is a deficit. But growth could be performed, for example, had growth in Japan in the 1960s and 70s

4. Environmental Costs. Higher economic growth is contributing to global warming. The Stern report makes clear, there is a verysignificant economic costs associated with Global Warming.

But if the growth by increasing the production capacity and increasing the long-term trend rate then inflation will not occur and growth will be sustainably increased. It is also possible that economic growth without serious environmental damage increased.

Economic Growth in Ghaziabad District

The Ghaziabad is an industrious town in Uttar Pradesh, a state in India. It is home to the Ghaziabad district administration has been. It was originally part of the Meerut district. But the time of independence there was separated into a new district because of political intervention. Although the reason for this was clearly political, Meerut district was the reason given was too large that it would be easier to handle if it were divided into two districts. The district will then Ghaziabadcategorized as a minority district is concentrated in India. This was based on the 2001 census.

The original name of Ghaziabad was Ghaziuddinnagar. This was the first name of the person who founded the place. He named it after his name Ghazi-ud-din. Since the name was so long, it was shortened Ghaziabad.

As of now she has great industry in the city. These sectors are connected to roads and railways in the city. There were also the industries in the city,manufactures railway wagons, tapestries, diesel engines, pottery, glassware, bicycles, paint, color and heavy chains.

There were also many other flourishing industry, and soon there was multiplexes used in construction of shopping centers as a collection of stalls, these companies. These malls became the main distributors of these farms. The multiplexes have come from nowhere, not to services that provide rank behind other works. There was a definitelyMany of works that have been offered here.

Shopping in Ghaziabad used only to shop for companies, but now spans too leisurely shopping purposes. These sectors, which has contributed not only to the economy but it also provided many jobs for people. Ghaziabad basket now includes products of handicrafts, leather and glass will also work. Here are some of the malls in Ghaziabad.

Ghaziabad Corporate Gift shopping is a shopping center, theprovides the answer to the needs of offices and industry. They offer a lot of corporate gifts that may be used by most companies in Ghaziabad. They also offer gift certificates in associated companies. Top Corporate gifts that they offer are the likes of pens, pen holders, desk accessories, leather organizer, leather portfolio bags, leather wallets and credit card holders.

They also provide corporate gifts imprinted with company logos. There are also books with different themes sold. Mostof published books that they have, are published by Jawahar Prakashan Private Limited publication.

Ghaziabad Industrial Products Shopping is purchase an ad to shop for wholesale. This means that they are selling parts of businesses such as steel section. These sections are very demanding. For this reason, the Ghaziabad Industrial Products Shopping offers a place for this industry. Other than steel, they have also tobacco, ceramic products, electrical and electronics goods. The IndustryMachines is available here.

For meals, which are the three most famous Bangla Restaurant, Rang Tarang and the Orient.

The Bangla Restaurant serves multi-cuisine food. It is located in the center of the industries of Ghaziabad. Rang Tarang primarily serves South Indian, Indian and European cuisine. The Orient is fast food and Indian cuisine as well as Chinese and Continental cuisine. They offer gaming places for the children. This is a smoking area but no alcoholserved.

Other countries currently experiencing difficulties in their economy have always learn a thing or two from Ghaziabad.

Indian Economy - Going Global

INTRODUCTION

Globalization in India began in the early 1990s. Industrialization is the reason for globalization. Business is the key. When a company puts in a home nation of its subsidiaries in other countries (host nations), it is a multinational company, and it begins the process of globalization, with a local company serving the entire world with their products and services. The advent of the Internet and the resulting "new economy" opens up many new business modelsOpportunities - and an "inevitable" number of business losses. Shapiro and Varian (1999) argue that while technological change - not economic laws. This is globalization in the perspective of the company. Globalization in India, the country has transformed system. Currently, India is seen as an economy dominated country, and not driven the policy as it once was. Political dominance has fallen significantly in those days. Adoption of the principles of globalization and liberalization in Indiahas the horizon of the country's consumers, worldwide. Consumers in Germany are much more aware. Market Information in India has become clear.

Liberalized policy has led the industry to achieve faster growth. BPO, IT, ITES, retail and insurance sectors have performed well. Both men and women have equal opportunities in this sector have. The success in India is the reduction of gender inequality in India. More over, is the development in the areas of education and awareness largelymark in the country in the era of globalization in India.

Indian Economy - HIGHLIGHTS

India is among the five countries with 50 percent of global production) (or GDP.
FDI inflows have jumped by almost three times the US-$ 15.7 billion in the period 2006-07, compared to $ 5.5 billion in 2005-06.
The total income of the top 500 companies rose by 28.4 percent in 2006-07 to a total of 469.51 billion U.S. dollars.
India's National Stock Exchange (NSE) for first place in the stock marketFutures and second in index futures trading in the world.
Twenty Indian companies have it listed in the list of 100 Boston Consulting Group's New Global Challenger Giants.
According to a study by the McKinsey Global Institute (MGI) will be in India, the world's fifth largest consumer market (from twelfth) in the world until 2025.
The number of corporations has increased to an annual average of 55,000 companies in the last two years to 865,000, from 712,000 companies at the end2005th
Four Indians and seven Indian microfinance companies make it to the Forbes list of wealthiest CEOs of the world's Top 10 World's Top 50 Microfinance Institutions, respectively.
India has the number of private equity (PE) funds operating amongst the BRIC markets.
Mumbai has created the tenth place among the world's major centers of commerce in terms of financial flow volumes by a survey by MasterCard Worldwide.

Another important aspect is that sincebroad-based nature of the growth process. While the new economy sectors like information technology and biotechnology is growing by 30 percent, significantly old economy sectors like steel were also key players in the Indian growth. Thus, for example, India has moved two places to fifth-largest steel producer in the world. And with its production and service sectors on a blazing growth, Lehman Brothers Asia estimates India to grow to 10Percent annually over the next ten years.

CONTRIBUTION OF INDUSTRY TO Indian economy

Industrial Revolution is the springboard for globalization. In India, the contribution of each sector and all major contribution to the rapid growth of the Indian economy.

The IIP data show that in April-November 2007 grew by 5.5 percent cotton fabrics. During 2006-07 textile exports recorded an increase of 6.9 percent over 2005-06. In April-October 2007, Textiles --Exports increased marginally by 1.49 percent on year-to-year basis. Indian government has a lot of subsidies for the textile industry through the various systems of the Fund and textile parks. The growth rate in the paper industry increased by 8.7 percent during 2006-07, but dropped to 1.6 percent in April-November 2007.

Leather goods that contribute significantly to job creation and export earnings registered an impressive 12.2 percent growth in April-November2007th The chemical industry is constantly at 10%. The value of pharmaceutical production grew by more than tenfold from Rs 5000 crore in 1990 to over 65,000 crore in 2006-07. India is now recognized as one of the leading global players in pharmaceuticals. While the production of rubber footwear rose by 4.7 percent, plates (PVC / rubber) increased by 18.8 percent. PVC pipes, which have the highest weight in the product group, grew by 27 percent during the April November 2007. Crude oilProduction in April-November 2007 amounted to 22.69 million tonnes (MT) compared to 22.56 MT during the corresponding period last year, with a slight increase of 0.60 percent. In this area, the demand is always greater than supply, and India for sale and to encourage private players like Reliance to enter in the petroleum industry.

The cement industry is a growth of 7.72 percent (provisional) in April-November 2007. Production rose from 99.99MT during the April November 2006 to 107.71 MT during the April November 2007. Indian steel companies have diversified their presence in the global market, particularly through the establishment of the state-identified place of the-art plants, continuous modernization and improvement of energy efficiency investments. Mittal Steel has created a buzz all over the world with its recent merger with Arcelor. While overall industrial production grew by 9 per cent in April-December 2007, which is important capital goodsproduction increased by 20.2 percent to 18.6 percent during the same period in 2006. Services grew by 10.5 percent in April-September 2007, on the back of 11.6 per cent in the corresponding period in 2006-07. Production rose by 9.6 percent in April-December 2007, on the back of the 12.2 percent growth over the same period in 2006-07. Core infrastructure sector continued its growth rate recording 6 per cent growth in April-November 2007. While exports grew by 21.76 percent inApril-December 2007 imports increased by 25.97 percent over the same period.

Role of information technology

The increased IT / ITES industry's contribution ever to the GDP of the country was of a share of 1.2% in FY98 to 5.2% in FY07, it has foreign exchange reserves of the country by increasing exports by almost 36% and Direct employment growth contributed to a CAGR of 26% in the last ten years, making it the largest employer in the organized private sector in theCountry.

In the past two decades, the Indian IT / ITES industry contributed significantly to economic growth in India in relation to GDP, foreign exchange earnings and job creation. The industry has a trigger for many "firsts have been" and has helped not only to unleashing the hitherto untapped entrepreneurial potential of the Indian middle class, but also global excellence in the Indian market.

The current and future role of IT / ITES industry in IndiaEconomy is well established. The industry is proving to be the main growth centers in the service sector, which rose again, some indicators of the growth in driving country.Export outcome in FY08 to around 40.0 billion USD with an increase of 36%. Direct employment in this sector is expected to 2.0 million by the end of FY08, growing at a CAGR of 26% over the last ten years, making it the largest employer in the organized private sector in the country. IT industry isSpearhead of India globally.

CONCLUSION

After some experts believe that the shares of U.S. GDP in the world expected to fall (from 21 percent to 18 percent) and India's GDP to rise (from 6 percent to 11 percent in 2025) and thus experience the latter as the third pole position in the global economy after the U.S. and China.

Indian economy experienced a GDP growth of 9.0 percent in 2005/06 to 9.4 percent during 2006-07. By 2025, the Indian economy is projected to more than 60 percentPercent of the size of the U.S. economy. The transformation into a tri-polar economy will be completely until 2035, only slightly smaller with the Indian economy as the U.S. economy but larger than in Western Europe. By 2035, India is probably a larger growth driver than the six largest countries in the EU, although its impact is a little more than half of the United States.

India, which is now the fourth largest economy in terms of purchasing power parity, will overtake Japan and the third majoreconomic power within 10 years.

A large number of global multinational brands like Coca-Cola, Google, Micro-soft and Mercedes-Benz have been successful in India. Indian brands, which were in operation have already started on site in India in international competition. From New Delhi, New York brands have a global problem. Patterns of consumption in India has changed. Level of expenditure on private consumption has increased significantly. The expenditure of young consumers inIndia is regarded as the most powerful consumers. In the era of globalized environment, the country has become a major player in the socio-economic fields from only one Third World country. BRIC and other reports have projected India to be the third largest economy by 2020. Everything looks ominous for India.

Government Spending: How Costly To You

The cost of the government has a strong effect on the lives of every citizen. It grows stronger with each passing day.

If the cost is reduced for the government to kick in strong forces, strong economic growth, full employment, higher government revenues, and often away from the tax rolls, while the lowest paid taxpayers.

President John F. Kennedy -1962:

... An economy hampered by restrictive tax rates will never be enough revenueBalance our budget as it never enough jobs or enough profits ... In short, there is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise long-term yields will reduce their tariffs.

The Kennedy cuts that materialized under LBJ, saw the real economic growth jump of more than 40% and gave us the longest economic expansion in history up to that point.

If the cost of governmentincreases it is likely to kick negatives probably most governments around the world have grown beyond their most efficient point.

One possible exception is the small nation of Hong Kong, which virtually no natural resources, but tops most nations of the world where per capita income and living standards.

The cost for the government in Hong Kong is 20.7% of GDP. The U.S. government spending 35.7%, spending up to 21% by the federal government and 14% spent by the state breaksand local authorities.

Hong Kong has a flat tax with a top personal rate of 16%, compared to our top 35%. The top companies rate in Hong Kong 17.5%, compared to our top 35%.

Under China's communist rule until 1947, was Hong Kong has a per capita income of $ 180. From 1947 to 1997 under a British model of low taxes, low regulation and no fees paid to the Government began to rise, so for 2 types of tax cuts and scores from the tax rolls away. Until 1996, HongKong's GDP growth per capita, was within 7% of the U.S. --

In 1997, China came back into the picture, what some restriction of rising prosperity and quality of life of Hong Kong. Government spending has increased recently, but at 20.7%, the growth remains healthy.

Similarly, until recently, Ireland was known as the "sick man of Europe". A publication, said sarcastically that Ireland's largest export "their people".

As in a common economic --Committee report: "This situation was reversed during the period 1987-96. As a GDP share of public expenditure declined by 52.3-percent level of 1986 to 37.7 percent in 1996, representing a reduction of 14.6 percent points. "

Until 2004, the government was still further down to 34.3%, as measured by the 2006 Index of Economic Freedom.

Ireland cut corporate tax to the alluring figure of 12.5%. European companies an average of 30%.

The Organization for EconomicCooperation and Development (OECD) estimates that 4th in purchasing power parities (PPI) Ireland counts in the world.

Our U.S. Department of State lists of Ireland's 2003 per capita income of $ 38,308.

Are natural resources, the answer? Wise use of resources refers to the extent that a government can spend efficiently. Until recently. Countries like Iran and Russia have high public costs and poor utilization of resources. Iran is paying the price by increasing the cost of government andMisallocation of resources, while Russia improved to do is the opposite.

Why is government spending to a greater impact daily life?

You have seen what happened with reduced government costs.

Now listen to David M. Walker, Comptroller General of the Government Accountability Office (GAO), whose office audits and evaluates the performance of the Federal Government, and who has committed to touring the nation through the 2008 elections, talking to someone who wants to hear the ,dug through the fiscal black hole Washington has become. "

Mr. Walker stated: "If the U.S. government conducts the business as usual in the coming decades, reaching a national debt that may already $ 8.5 trillion $ 46 trillion or more, adjusted for inflation. That is almost as much as the total net worth of every person in America "- ...

After the safety, has a message to our elected officials deserve a higher priority than reducing the cost of government?

Stagflation - A Possible Scenario?

In 1965, Ian Macleod, a British Tory MP, first the concept of stagflation in a speech: "We now have the worst of both worlds, not just inflation on one side or stagnation (recession) on the other. We have now a sort of "stagflation" situation. "

Stagflation is accompanied by a period of slow economic growth and relatively high unemployment and inflation. So, in reality, stagflation is the worst of both worlds, speed up the prices, ie inflation and aEconomy with no growth or an economy in recession.

Last stagflation

Discussing stagflation takes a few recent examples Spirit, the United Kingdom in the 1960s and 70s and the U.S. in the 1970s.

In the United States in the early 1970s, to the surprise of many, the Keynesian theory came to the conclusion that stagflation could not possibly take place in oil prices were of the Organization of Petroleum Exporting Countries (OPEC) tripled following the1973 Arab-Israeli war - fueling sharp inflation in developed countries. This resulted in simultaneous recession and inflation - stagflation.

The reason that those who had followed the Keynesian theory was that recessions (and the subsequent unemployment should be healed by it caused) by the inflation surprise, while inflation cured by recessions. If both occur simultaneously, the theory is seriously called into question. The weakness in the original Keynesian theory brought about the developmentNeo-Keynesian theory, which had a more detailed model in terms of inflation.

The USA is in danger?

It is generally accepted that growth in the U.S. housing market to a slowdown in economic activity has caused. Moreover, the recent experience in the subprime market, many investors had been uncertain about the U.S. economy. Then there is the danger that inflation is required to be a problem in the U.S. and therefore the Federal Reserve to further raise the interest couldPrices and you can see why some people say, stagflation is a possibility. Many economists believe that stagflation will only occur if the oil price above $ 80 per barrel for a persistent period.

It is very early days yet stable as U.S. interest rates currently are. Nevertheless, the U.S. economy is the largest in the world and therefore, no slowdown, have a negative effect here will be worthwhile to be aware of such concepts. As the proverb says, "... the United StatesSneezing and the world catches a cold ".

Who is to Blame For Higher Prices at the Pumps?

Tired of getting hammered by gas tank with crazy high gas prices? Me too! The price of oil is on each newscast with headlines screaming about the latest entry in oil prices. And most disturbed by the fact, after the headlines, this is only the beginning. How much will it then?

Who is responsible? Lets examine some of the reasons why you need more under the shell at the pumps.

This oil shell game is wrecking the lives of millions of people. If the voltagein the Middle East to blame? Is big oil companies, the empty laugh all the way to the bank, while on your budget? So if we have to thank for these wild price swings? Is it a battle between the traders to go long or short on oil futures contracts at big banks? Is this all connected to the Alberta Oil Sands?

The most commonly heard reason is that there is a huge increase in demand for oil by China and India in the explosive economic growth. CountriesProduction of oil justcan't keep up with demand. Even Saudi Arabia has recently announced that it has always supply to meet demand, and the market yawned.

Is there any truth to this argument? Of course. Is that important? No

The economies of going full tilt in recent years that has led to an increased demand for oil. The truth is that the U.S. accounts for about 4% of the world's population and 25% of the world's oil usage. However, this is not the only reason for the oil --Price increases painful.

The demand for oil, although not at 100%, as oil prices have risen over the past 11 months. What is wrong with this picture?

For more than a generation, the U.S. greenback affects the price of the goods. A strong U.S. dollar for most times led to lower oil and gold prices. The incredible weakness of the dollar has hit unprecedented highs in commodities led. Commodities are moving into U.S. dollars and prices to compensate for changesValue of the dollar.

A lower U.S. currency has resulted in oil and gold moves in the price, so you'll always hold at the pump. Since September 2007, Fed Chairman Ben Bernanke that interest rates 7 times, with the largest reduction occurring these cuts in 2008. In the same period, the oil price of $ 69.26 in September 2007 moved up to $ 110 in April 2008 when the last cut was made. Today, oil is about $ 130 per barrel.

This provides for an explosive mixfor the drivers. Hard-working Americans pay the price at the pump for a devaluation of the dollar thanks to Mr. Bernanke. Lower interest rates were meant to help the banks in the light of the real estate crisis. Instead, it helped the value of the dollar and the smaller effect, increasing the price at the pump.

I hate to say it, but the dealers are mainly large commodity and futures commodity fueling the bubble. As with any bubble, take over emotions. "The different this time". If historyhas taught us anything, that you never different this time. They continue the perception that the demand for oil will feed the oil price over $ 200 power, and they do not want to miss the boat.

So, what can you do about it? In the next article we will tell you how to use the benefits of this trading opportunity.

UK Housing Market Problems Mount

RICS has predicted that the number of house sales could fall by 40% this year. This would be the biggest decline in the property market since records began and could cut consumer spending by 8%. The biggest decline was in 1989 when they fell 26%. Sales to day in the year 2008 already 32%.

The slowdown has already affected mining companies, which have seen a slump in business, with the number of trains by 55% in the first three months of this year and by 68% in thelast six weeks. If sales fall 40% this year that 700,000 residential and commercial real estate is less turnover than in 2007.

RICS also predicts that house prices would fall by 5%.

How many people have already registered, household bills rising sharply. This is confirmed yesterday by Mervyn King, warned the governor of the Bank of England, the families, for a further pressure on their household budget bracket, as will energy and food pricesrise.

Set up with inflation increasing to 3.7% - almost double the official target - the likelihood of a further cut in interest rates in short-to medium-term future to raise unlikely. In fact, we could see the return of stagflation - rising interest rates to counter inflationary pressures, while declining economic growth.

Mervin King warned homeowners to expect further price declines, adding that it was impossible to predict the size of these falls. He warned that a sharpDownturn in the economy are not excluded.

According to the latest RICS survey published today, a record number of surveyors reporting house price falls. 82% of agents / surveyors have seen a decline in house prices since the beginning of 2008, the worst rating since records began in 1978.

The figures show that the housing slump is even more widespread than during the last house price crash fall in the early 90s, house prices across the country. AfterSimon Rubinson, chief economist at RIC, "even during the house price crash in the early 90s, some parts of the country you do not beat so much to above."

On a better note, falling house prices, which will be reported, are relatively modest, often with surveyors reporting a fall of less than 2%.

The 82% of surveyors reporting a decline up to the April figure of 66%. It was the 9th Consecutive month that the number of surveyors reporting price falls below increased.

The most affected areas of theCountry East Anglia, North and North-West, where all the surveyors reported falls.

South Korea - Birth Rates and Modern Day Korea

Koreans have far fewer children than in the past, with the average birth rate is 1.41 children per person, between 2000 to 2005 (after the United Nations Population Fund), putting Korea 26th in the world, the birth rate. With a declining population and rising young old population, despite the possible problems with the pension fund for the older Koreans, the long-term future looks healthy. With a shortage of young people into the labor market, the problem of the diploma --Employment is eventually removed by natural resources and enterprises will gradually need to retain older workers, as a graduate numbers are less. The knowledge and experience of older women, entrepreneurs and businesses will probably make no harm. Much like in the UK, pension funds is a problem in the government, with concern about enough to cover state pensions in the future.

Reports in the European media of Korea, reflecting positive thoughts about the future economic growth. Koreansitself can sometimes about the future and Korean media sometimes seems to reflect this pessimism. Concern, for example, that have a crisis as the IMF crisis will happen again, or that problems will affect the American economy in the future, the Korean economy is understandable. However, Korea has risen from the ashes to become one of the major economies in Asia and there seems no reason why they do not remain strong.

My concern is that the two Koreas to dofinally unite again (as I am sure they will) at some point, a huge monetary burden will be placed on the south. South Korea has tried to discuss the issue and an attempt was sent in the last 8 years on certain types of aid items to the north of the border, that is for agricultural use, in order to improve the living standards and to try to bring the level closer to the north on in the south. Such questions have been addressed and most of the students told me that if it means re-unification of Korea,then they would not mind the economic burden.

It was an expression I heard a few times in Korea and if it is true, many people in Korea is probably still a bit happy, brought about a financial crisis. It is an interesting expression.

"If the Korean economy is falling, the fashion for short skirts goes up"

Inflation and Growth in Asia Pacific - The Myth of Economic Decoupling

Currently, central banks around the Asia-Pacific region have made two pillars worries worries that inflation, which is driven by fuel costs and who is negatively impacted on economic growth through the global economic slowdown. The usual weapon is used and endorsed recently by the political decision-makers, is restrictive monetary policy, liquidity means pressed out of the market by the higher interest rate. However, this period of free use of the possible decrease in demand both at home is to be limitedinternationally.

At the international level, export growth in the region has been supported by foreign markets, especially the developed countries. Although the U.S. may not be the biggest trading partner in terms of exports for some countries, his thirst for goods from other nations that the indirect purchasing in large numbers in the region of influence on export growth. And high dependence on exports to fuel internal growth affect the growth prospect.

Driven by lowInterest rate before the mortgage crisis have been taken into account claims in the U.S. by loans and debts from around the world, China, Japan, Middle East, which hold large U.S. government claims. The liquidity created channeled to pop-up requirements for toys from China, oil from the Middle East and manufacture of products from India and Japan. Some of these countries like China and India, and some of the emerging countries such as Indonesia, Vietnam and Malaysia are the major actors in regional trade.For example, China's most important buyers of intermediate goods production, but large quantities of finished goods produced in the region and the U.S. are sold. Vietnam and Indonesia, are fast becoming investment targets due to their low labor costs. The network of regional trade has a common goal and hope of the big market in Europe and the USA. Thus any hiccups in the U.S. economy has affected the entire network.

When oil prices escalated in many countries in theRegion have begun to cut subsidies, because the burden of USD140 per barrel is unbearable. Malaysia, Indonesia, Vietnam, India and China, which are newly recorded subsidies channeled to other development policies. This unpopular move, however, has a negative impact on low and middle income countries. Higher proportion of income is now allocated and spent on fuel and foodstuffs. The spillover can make noticeable increase in the price of bread, rice, vegetables, milk and meal frequency incut off and buying more fuel-efficient cars has increased. The characters around is dark, decreased domestic demand and consumer sentiment is.

Against this background, the stage is now at higher interest rates to encourage credit expansion close to the lower consumption. But at the same time, the fear that tighter lending hinders growth and consequently lower fuel consumption, economic growth, is already under stress, looms. More importantly, the tighter monetary policycurrencies could appreciate the country and lead products are less competitive. As the U.S. currency is weak now because of the low interest rates and other worries of economic recession, an appreciation of regional currencies will not help to export growth, the region depends so much. But take care of the inflation began pop-up radar in the central-inch display, the workers are now offset by asking for higher wages to higher living costs. If the wage-price spiral effect fromControl, it may justify intervention, provided it does not negatively on the manufacturing industry.

It really is a stressful time, as both inflation and slowing economic stagflation could be regional, or when inflation is slow to trigger combat economic. There is never a decoupling of Asian economies from the U.S. economy in the globalized world.

MPC Maintains Interest Rates

The base rate was left unchanged, it has been announced.

At its monthly meeting, the Bank of England's Monetary Policy Committee has chosen (MPC) to keep interest rates at five percent. The announcement means that it has for the third time the committee decided to follow the law of conservation of this year and parts of 0.25 percentage points in both April and February have been actioned.

Following the decision of the MPC, it is possible that consumers in finding and implementingCharges which are not under its finances deteriorate. And during the current period of economic uncertainty may find that homeowners keep their monthly mortgage repayments the same. In addition, people may discover that their ability to other claims - such as credit and store cards, personal loans and utility bills is successful - which is not under extra pressure.

Commenting on the decision today, "said Henk Potts, equity strategist for Barclays Stockbrokers," TheMonetary Policy Committee is a slow growth between rock and a hard place high inflation caught. UK economic growth is clearly moderation, consensus forecasts for growth of only 1.6 percent this year compared to three percent expansion in 2007. However, outside of the housing market and survey data, there is little concrete evidence of a significant slowdown in aggregate demand in the UK. "

He added that inflation remains on the "high level" for much of the rest2008 while the consumer price index inflation is expected to move above the current rate of 2.4 percent. Mr. Potts is this increase in the second direction of rising energy prices and continued depreciation of the pound sterling. However, he pointed out that the Bank of England is to carry out a series of drops to the base rate, are expected to 4.25 percent by the end of this year.

Meanwhile, Michael Coogan, director general at the Council of MortgageLenders (CML) that were submitted that although the MPC was required to make a balance between slowing economic growth and rising inflationary pressures in their decision that it was "disappointing" that a chance to cut the base rate, was not accepted. He went on to report that although the housing and mortgage markets, the market challenges in the rest of the year 2008, and most homeowners seem to be "along well."

However, Mr Coogan advised consumers who experienceDifficulty managing their money or fear that they soon problems in contact with their loan lender, or can develop a debt advice as soon as possible.

For people far beyond their capacity to manage their money than in 2008 could be over now the ideal time to complete a personal loan. By choosing this type of loan it is possible that the borrower will be able to supplement their spending effectively and make larger purchases.

Indeed, an examinationCML last month noted that a growing number of homeowners looking for mortgage products that monitor all changes to the base rate of interest. In February, about 35 percent of consumers were shown to take out tracker mortgages, an increase of 14 percent in the same month in 2007.