The Islamic Economy - The Fastest Growing Large Economy. Eurasian Focus

2018 ◽  
Author(s):  
Gaukhar Nurgalieva
Keyword(s):  
Large Economy

India as a Hub of Innovations for the Millions (I4M)

2018 ◽  
Author(s):  
Vijay Mahajan
Keyword(s):  
Quality Of Life ◽  
Young People ◽  
New Products ◽  
High Growth ◽  
Institutional Arrangements ◽  
Base Of The Pyramid ◽  
Large Economy ◽  
The World

This chapter deals with Indian ‘innovations for the millions’ (I4M)—new products, processes, and institutional arrangements—that sustainably improve the quality of life of those at the base of the pyramid. Taking ten examples which originated from the private, public, NGO and cooperative sectors, the chapter suggests that these innovations are a response of the ‘elite of calling’ to the Indian paradox – high growth in a large economy, co-existing with a very large number at the base of the pyramid. The chapter argues that a more supportive ecosystem needs to be built to foster I4M, including reforms in regulation and taxation, and attracting bright young people. If that happens Indian I4M can serve billions at the base of the pyramid around the world.

The Thatcherite Economic Legacy

2014 ◽  
Author(s):  
Helen Thompson
Keyword(s):  
Economic Policy ◽  
New Labour ◽  
Unintended Consequences ◽  
The State ◽  
Comparative Perspective ◽  
Policy Framework ◽  
Large Economy ◽  
Significant Change ◽  
Set Up ◽  
The Uk

This chapter considers the Thatcher governments’ economic policy in comparative perspective both in relation to their UK predecessors and successors and other large-economy states. It argues that the Thatcher governments presided over significant change to the structure of the UK economy, some of it through deliberate policy intent and some as the unintended consequences of their policy actions. It also shows that, seen as a whole, the Thatcher governments left little legacy at the level of policy framework. They were unable to reduce the fiscal size of the state and New Labour pushed policy in a different direction. On the monetary side, the Thatcher governments grappled with the same problems of inflation and sterling and as policy became ever less coherent, set up the ERM disaster, the response to which by its successors has set the parameters of UK policy since.

The Core of a Large Economy with Personal Risks

1986 ◽  
Vol 27 (2) ◽  
pp. 407
Author(s):  
Ferran Sancho
Keyword(s):  
Large Economy ◽  
The Core

Some Remarks on the Core of a "Large" Economy

Econometrica ◽  
1974 ◽  
Vol 42 (4) ◽  
pp. 633 ◽  
Author(s):  
M. Ali Khan
Keyword(s):  
Large Economy ◽  
The Core

Strategic Informed Trades, Diversification, and Expected Returns

2015 ◽  
Vol 90 (5) ◽  
pp. 1811-1837 ◽  
Author(s):  
Judson Caskey ◽  
John S. Hughes ◽  
Jun Liu
Keyword(s):  
Private Information ◽  
Expected Returns ◽  
Cross Sectional ◽  
Risk Premiums ◽  
Factor Loadings ◽  
Large Economy ◽  
Strategic Trade ◽  
Concomitant Decrease ◽  
Informed Traders ◽  
The Impact

ABSTRACT We examine how strategic trade affects expected returns in a large economy. In our model, both a monopolist (strategic) informed trader and uninformed traders consider the impact of their demands on prices. In contrast to settings with price-taking traders, private information never eliminates a priced risk, and can lead to higher risk premiums. Also unlike settings with price-taking informed traders, risk premiums decrease in response to an increase in liquidity-motivated trades in diversified portfolios. These differing effects arise because a privately informed strategic trader conceals her trades by taking small positions relative to the magnitude of noise trades. Although prices partially reveal her information and reduce uncertainty, a concomitant decrease in her risk absorption dominates and leads to higher risk premiums. Similar to settings with price-taking traders, private information affects expected returns only via factor loadings and risk premiums on existing payoff risks—it introduces no new priced risks, and factor loadings (betas) explain all cross-sectional differences in expected returns.

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