Archive for October, 2011

Economic And Strategic Orientation, Look East Policy

October 1st, 2011

It is the so-called Look East policy-an economic and strategic orientation to South East Asia.The developing relations between India and Burma are a relatively recent phenomenon. Not only is India keen to gain access to Burma’s oil and gas, but a land route through the country to South East Asia is an essential component of its broader Look East policy.In January, India signed an agreement in principle with Burma and Bangladesh to build a pipeline from Burmese offshore gas fields via Bangladesh to India. India has also gained Burmese assistance in cracking down on various armed separatist movements based in northeastern India. The state of Assam currently produces about 15 percent of India’s oil needs.

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When To Develop Property

October 1st, 2011

Ask anyone who understands market cycles when to develop property and they will probably tell you to purchase development sites in a time of recession or trough and to sell the developed property in a time of growth or when the cycle is at its peak. Whilst at an intuitive level this may sound appealing, there are a number of problems with its implementation in reality.

Firstly, no one can consistently predict macro-economic cycles with any great accuracy. In fact, the prediction of macro-economic movement is becoming more and more complex in light of globalisation and the liberalisation of markets. If economists cannot predict macro-economic movements then how can ordinary property developers!

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Fiscal Policy and the Challenging Economic Environment

October 1st, 2011

In the face of the increasingly alarming global economic crisis, the Philippine government, as the institutional embodiment of the sovereign authority of the Filipino people, is challenged to fulfill its constitutional mandate to protect the general welfare.

Debates over what government must do to save the economy are happening almost everywhere, from public offices and school classrooms to wet markets and barber shops. It is argued that it is through its fiscal administrative power that government attempts to resuscitate the dying economy.

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