Niveshak February 2013 Issue with Page Flip version
Sunday, February 24, 2013 , Posted by Team Niveshak at Sunday, February 24, 2013
Dear Niveshaks,
Japan, once dubbed as the next wave of the future of capitalism by everyone, is in a bad economic health for the past two decades. Failure of political leadership at the top of the pyramid coupled with the structural and cyclical problems has been a major concern for the country. With growing discontent among the people of Japan on account of rising unemployment, all eyes are set upon Shinzo Abe, who has been elected as the new Prime Minister of Japan last month.
Bank of Japan has upgraded its economic outlook on February 14. While the growth rate has dropped for the quarter ended December, the small contraction confirmed that the economic slowdown was minimal. Weaker Yen and high stock prices have lifted the sentiments of the investors. Most of the governments around the globe are increasingly wary of Abenomics, the economic policy advocated by Prime Minister Shinzo Abe and see it as an attempt to weaken the value of the Yen. This month’s cover story is aimed at making our readers aware of the current situation of Japanese economy and what Mr. Shinzo Abe has to offer to the people of Japan and to the world economy by large. It would be interesting to see if Abenomics is just a buzz word or if it would actually provide a much needed support to the lagging Japanese economy.
This issue brings to you some more stimulating and insightful reads. We seek the attention of our readers towards Inheritance tax which ceased to exist in 1985. The Article of the Month section explores the possibility of reintroduction of inheritance tax in India, drawing its support from the economies of U.S. and Italy along with the possible loopholes in Indian context. Other articles in this issue focus on the impact of GST in India and India’s current account deficit. The finistory section brings to you the America’s new deal reforms which helped America reviving its economy after the Great Depression of 1929. Lastly, the Classroom section this month will help the readers to understand Credit Ratings.
We would also like to thank our readers for their constant support and appreciation. It is your endless encouragement and enthusiasm that keeps us going. Kindly send in your suggestions and feedback to niveshak.iims@gmail.com and as always,
Bank of Japan has upgraded its economic outlook on February 14. While the growth rate has dropped for the quarter ended December, the small contraction confirmed that the economic slowdown was minimal. Weaker Yen and high stock prices have lifted the sentiments of the investors. Most of the governments around the globe are increasingly wary of Abenomics, the economic policy advocated by Prime Minister Shinzo Abe and see it as an attempt to weaken the value of the Yen. This month’s cover story is aimed at making our readers aware of the current situation of Japanese economy and what Mr. Shinzo Abe has to offer to the people of Japan and to the world economy by large. It would be interesting to see if Abenomics is just a buzz word or if it would actually provide a much needed support to the lagging Japanese economy.
This issue brings to you some more stimulating and insightful reads. We seek the attention of our readers towards Inheritance tax which ceased to exist in 1985. The Article of the Month section explores the possibility of reintroduction of inheritance tax in India, drawing its support from the economies of U.S. and Italy along with the possible loopholes in Indian context. Other articles in this issue focus on the impact of GST in India and India’s current account deficit. The finistory section brings to you the America’s new deal reforms which helped America reviving its economy after the Great Depression of 1929. Lastly, the Classroom section this month will help the readers to understand Credit Ratings.
We would also like to thank our readers for their constant support and appreciation. It is your endless encouragement and enthusiasm that keeps us going. Kindly send in your suggestions and feedback to niveshak.iims@gmail.com and as always,
Stay invested,
Team Niveshak.
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