File Name: new economic reforms and growth of foreign trade writer.zip
Fiscal policy in India: Fiscal policy in India is the guiding force that helps the government decide how much money it should spend to support the economic activity, and how much revenue it must earn from the system, to keep the wheels of the economy running smoothly.
- Securing Liberalization: China’s New Foreign Investment Law
- What is Fiscal Policy in India?
- New Economic Policy
The New International Economic Order NIEO is a set of proposals advocated by developing countries to end economic colonialism and dependency through a new interdependent economy. The idea of a new international economic order emerged from the experiences of decolonization after the Second World War.
Securing Liberalization: China’s New Foreign Investment Law
New Economic Policy NEP , the economic policy of the government of the Soviet Union from to , representing a temporary retreat from its previous policy of extreme centralization and doctrinaire socialism. The policy of War Communism , in effect since , had by brought the national economy to the point of total breakdown. These measures included the return of most agriculture , retail trade , and small-scale light industry to private ownership and management while the state retained control of heavy industry, transport, banking, and foreign trade.
Money was reintroduced into the economy in it had been abolished under War Communism. The peasantry were allowed to own and cultivate their own land, while paying taxes to the state. The New Economic Policy reintroduced a measure of stability to the economy and allowed the Soviet people to recover from years of war, civil war, and governmental mismanagement. The small businessmen and managers who flourished in this period became known as NEP men. But the NEP was viewed by the Soviet government as merely a temporary expedient to allow the economy to recover while the Communists solidified their hold on power.
It was followed by the reimposition of state control over all industry and commerce in the country by Print Cite verified Cite. While every effort has been made to follow citation style rules, there may be some discrepancies. Please refer to the appropriate style manual or other sources if you have any questions. Facebook Twitter. Give Feedback External Websites. Let us know if you have suggestions to improve this article requires login. External Websites. The Editors of Encyclopaedia Britannica Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree See Article History.
Read More on This Topic. Learn More in these related Britannica articles:. Forced requisitioning led to peasant revolts, and the Tambov province revolt of in particular forced Lenin to change his War Communism policy.
He and the Bolshevik leadership were willing to slaughter the mutinous sailors of the Kronstadt naval base in…. Two main tasks faced the Bolsheviks in the s—to rebuild the economy and to conciliate the non-Russian nationalities. The policy of War Communism—based on nationalization of all enterprises and the forcible requisition of food—wreaked economic havoc. Compounded by drought, it…. History at your fingertips. Sign up here to see what happened On This Day , every day in your inbox!
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What is Fiscal Policy in India?
Introduction 1. Under the leadership of Deng Xiaoping, who had returned to the political arena after his three previous defeats, the Chinese government began to pursue an open-door policy, in which it adopted a stance to achieve economic growth through the active introduction of foreign capital and technology while maintaining its commitment to socialism. The obvious aim of this policy shift was to rebuild its economy and society that were devastated by the Cultural Revolution. The policy shift also appears to have been prompted by recognition that the incomes of ordinary Chinese were so low, in comparison with incomes in other Asian economies, that the future of the Chinese state and the communist regime would be in jeopardy unless something was done to raise living standards of its people through economic growth. The government subsequently established a number of areas for foreign investment, including the special economic zones, open coastal cities, the economic and technology development zones, the delta open zones, the peninsula open zones, the open border citiees, and the high-tech industry development zones. The establishment of these zones provided the trigger for massive inflows of foreign investment, primarily from companies in Hong Kong and Taiwan.
New Economic Policy NEP , the economic policy of the government of the Soviet Union from to , representing a temporary retreat from its previous policy of extreme centralization and doctrinaire socialism. The policy of War Communism , in effect since , had by brought the national economy to the point of total breakdown. These measures included the return of most agriculture , retail trade , and small-scale light industry to private ownership and management while the state retained control of heavy industry, transport, banking, and foreign trade. Money was reintroduced into the economy in it had been abolished under War Communism. The peasantry were allowed to own and cultivate their own land, while paying taxes to the state. The New Economic Policy reintroduced a measure of stability to the economy and allowed the Soviet people to recover from years of war, civil war, and governmental mismanagement. The small businessmen and managers who flourished in this period became known as NEP men.
understand the background of the reform policies introduced in India in government to introduce a new set of There is a consensus in the world today that economic development is not all and the GDP is not reforms, foreign exchange markets Reforms: Liberalisation of trade and comprehension and writing.”.
New Economic Policy
Lenin characterized the NEP in as an economic system that would include "a free market and capitalism , both subject to state control," while socialized state enterprises would operate on "a profit basis. The NEP represented a more market-oriented economic policy deemed necessary after the Russian Civil War of to to foster the economy of the country, which had suffered severely since The Soviet authorities partially revoked the complete nationalization of industry established during the period of War Communism of to and introduced a system of mixed economy which allowed private individuals to own small enterprises,  while the state continued to control banks, foreign trade, and large industries.
Part V concludes. Prior to , China had a centrally planned socialist economy largely closed to foreign investors. Though the Negative List has been significantly shortened in recent years, it previously restricted foreign investment in sectors such as securities, infrastructure, legal services, energy and manufacturing, and outright prohibited foreign investment in sectors such as transportation, media and biomedicine. Particular concerns have arisen over unfair transfer of technology, barriers to market access, non-transparent administrative procedures, difficulty in enforcing laws or contractual agreements, preferential access for Chinese firms to subsidies and licenses, and preferential treatment of Chinese firms and state-owned enterprises, particularly in government procurement.
Never miss a great news story! Get instant notifications from Economic Times Allow Not now. Definition: The transfer of ownership, property or business from the government to the private sector is termed privatization. The government ceases to be the owner of the entity or business.
Economic Analysis and Policy
Повсюду в старинных домах отворялись ворота, и люди целыми семьями выходили на улицы. Подобно крови, бегущей по жилам старого квартала Санта-Крус, они устремлялись к сердцу народа, его истории, к своему Богу, своему собору и алтарю. Где-то в уголке сознания Беккера звонили колокола. Я не умер. Он с трудом открыл глаза и увидел первые солнечные лучи. Беккер прекрасно помнил все, что произошло, и опустил глаза, думая увидеть перед собой своего убийцу.
Сьюзан осторожно приоткрыла дверь и посмотрела на глянцевую, почти зеркальную стену шифровалки. Узнать, следит ли за ней Хейл, было невозможно. Нужно быстро пройти в кабинет Стратмора, но, конечно, не чересчур быстро: Хейл не должен ничего заподозрить. Она уже была готова распахнуть дверь, как вдруг до нее донеслись какие-то звуки. Это были голоса.
Чем ты занята? - спросил Хейл, пробуя иной подход. Сьюзан ничего не ответила. - Я вижу, ты выдающийся командный игрок. Может быть, можно взглянуть? - Он встал и начал обходить круг терминалов, двигаясь по направлению к. Сьюзан понимала, что сегодня любопытство Хейла может привести к большим неприятностям, поэтому быстро приняла решение. - Это диагностика, - сказала она, взяв на вооружение версию коммандера. Хейл остановился: - Диагностика? - В голосе его слышалось недоверие.
Человек-гигант удивленно поднял брови. Даже перепачканная сажей и промокшая, Сьюзан Флетчер производила более сильное впечатление, чем он мог предположить. - А коммандер? - спросил .