Recession & Obama

8/7/2019 Recession & Obama

1/13


2/13

Global Recession

Sub-Prime Lending

Loans to NINJA(Noincome, No Job, No

Assets) ARM (Adjustable Rate

Mortgage)

Reckless Lending

Increase in LoanAgents & Financialcompanies

Easy credit conditions


3/13

IMPACT OF GLOBAL RECESSION IN

INDIA Stock Exchanges based on US and Europe

(FIIs)

Sudden sale of Stocks Stock Market Crash &industries in general

Exports come down

Layoffs

Work long for less salary Rupee weakening against dollars

Banks on severe Cash Crunch


4/13

IMPACT ON INDIAN INDUSTRY


5/13

INDUSTRIES

TEXTILE

GARMENT

HANDICRAFT TOURIST

REAL ESTATE

INFORMATIONTECHNOLOGY FINANCIAL SECTORS

AUTOMOBILE


6/13

EFFECTS OF INDIAS GROWTH ON THEGLOBAL ECONOMY


7/13

Effects Of Indias growth on

the global economy According to a World Bank study, Dancing with Giants,

there is scope for India to expand its trade significantlywithout hurting development prospects of most othereconomies. India is expected to contribute 12% toglobal economic growth by 2020.

If India were to grow at a real rate of 5.5% per annumupto 2020, then the EU would experience a concomitant

growth of 2.3% per annum with a physical capitalformation of 2.6%.Of course most of the gains areexpected to come to the UK as Indias trade andinvestment links are most intensive with the UKamongst all the EU countries.


8/13


9/13

Contd

Improvement in the range and quality ofexports from India may create substantialopportunities and welfare benefits to theworld.The welfare benefit for EU is one of the

highest in the world valued at over 3 trilliondollars.

Indian companies would invest abroad in bothdeveloped and developing countries.


10/13

ECONOMICPOLICIES OF OBAMA


11/13

TYPES OF POLICIES

Corporate governance

Labour rights

Equal pay

Education

Energy policy

Immigration

Trade


12/13

POLICIES FOR INDIA

A close strategic partnership

Obama's Remarks to U.S.-India Business

Council and Entrepreneurship Ban on bailed-out firms

Foreign Policy

Outsourcing

OBAMAS VISITTO INDIA

Indo-US ties to a new level

Trade and Economic Cooperation


13/13

Contd

Partnership for an Evergreen Revolution

Clean Energy and Climate Change

Cyber security U.S.-India Economic and Financial Partnership

Education

Entrepreneurs Roundtable

The National Export Initiative Indian Investment in the U.S.

Deepening U.S.-India StrategicTies

Documents

Recession & Obama