ZEE BUSINESS BEST B SCHOOL SURVEY
Every solution discussed so far has been fool’s gold. We urgently need a better way out
Remember the good old days, when we used to talk about the “subprime crisis” and some even thought that this crisis could be “contained”? Oh, the nostalgia! Today we know that subprime lending was only a small fraction of the problem. We’re living in a world of troubled borrowers, with new kinds of debt trouble which just keep popping up.
How did this global debt crisis happen? Why is it so widespread? The answer, I’d suggest, can be found in a speech Ben Bernanke, the Federal Reserve chairman, gave four years ago. At the time, what Bernanke said nonetheless foreshadowed the bust to come.The speech, titled “The Global Saving Glut and the US Current Account Deficit,” offered a novel explanation for the rapid rise of the US trade deficit in the early 21st century. The causes, he argued, lay not in America but in Asia. In the mid-1990s, the emerging economies of Asia were major importers of capital, borrowing abroad to finance their development. But after the Asian financial crisis of 1997-98, these countries began protecting themselves by amassing huge war chests of foreign assets, exporting capital to the rest of the world.
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMsIIPM makes business education truly global-Education-The Times of ...
Every solution discussed so far has been fool’s gold. We urgently need a better way out
Remember the good old days, when we used to talk about the “subprime crisis” and some even thought that this crisis could be “contained”? Oh, the nostalgia! Today we know that subprime lending was only a small fraction of the problem. We’re living in a world of troubled borrowers, with new kinds of debt trouble which just keep popping up.How did this global debt crisis happen? Why is it so widespread? The answer, I’d suggest, can be found in a speech Ben Bernanke, the Federal Reserve chairman, gave four years ago. At the time, what Bernanke said nonetheless foreshadowed the bust to come.The speech, titled “The Global Saving Glut and the US Current Account Deficit,” offered a novel explanation for the rapid rise of the US trade deficit in the early 21st century. The causes, he argued, lay not in America but in Asia. In the mid-1990s, the emerging economies of Asia were major importers of capital, borrowing abroad to finance their development. But after the Asian financial crisis of 1997-98, these countries began protecting themselves by amassing huge war chests of foreign assets, exporting capital to the rest of the world.
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMsIIPM makes business education truly global-Education-The Times of ...
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