Tag «reforms»

India Needs Low Interest Rates, Investment in Skills and R&D, Reforms in Land and Labour to Sustain Economic Growth 

Low interest rates are critical to sustain economic growth, but inflation remains vulnerable to commodity prices and weather Greater investment in education and skilling are vital to avoid job losses created by mechanization and technology Land and labour reforms could create millions of new jobs – but states must lead the way For more information …

EU AGREES MONEY LAUNDERING TRANSPARENCY REFORMS, BUT FULL ACCESS DENIED

Transparency International welcomes new landmark legislation to tackle money laundering and anonymous shell companies in the EU. The revisions to the 4th Anti-Money Laundering Directive agreed by the European Parliament and EU Council are an important step forward in the fight against corruption, and go far beyond the principles agreed by G20 leaders in November. However, …

Arun Jaitley: Reforms Must Serve India’s Needs

New government is committed to reforms across a range of sectors including labour laws, land acquisition and foreign investment says Minister Jaitley On foreign investment, decisions will be made sector-wise, keeping in mind the requirements of Indian economy and the appetite of the political system for reform The World Economic Forum and Confederation of Indian …

Further Reforms and Investment Needed to Safeguard Jobs and Recovery in Europe

Europe 2020 Competitiveness Report confirms Europe’s lack of progress in bridging the competitiveness gap with the US and other advanced economies, and competitiveness divide within the EU The “fire-fighting” phase for Europe’s economy may be over, but recovery and job creation are jeopardized by inaction on driving competitiveness The competitiveness agenda should be placed at the …

Towards the Next Era of Growth—Reforms and Rebalancing: Christine Lagarde Managing Director, International Monetary Fund

The International Economic Forum of the Americas Montreal, June 9, 2014 As prepared for delivery Good afternoon. It is a great honor and privilege to receive the honorary award from the Université de Montréal. My special thanks to Rector Guy Breton for his eloquent remarks. I would also like to thank Philippe Couillard and Gil Rémillard …

India: The Current Downturn Presents an Opportunity to Push Ahead With Reforms to Accelerate Growth, Says World Bank

India: The Current Downturn Presents an Opportunity to Push Ahead With Reforms to Accelerate Growth, Says World Bank Expects GDP to expand 4.7% in 2014 and 6.2% in 2015; pace of poverty reduction faster, especially in low income states New Delhi, October 16, 2013 – Recent global market turmoil is unlikely to have major adverse …

With reforms in the saddle, bulls retake D-Street

1st July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  What a start to the week! After enjoying a fantastic Friday, the Indian equity market continued its winning streak on Monday with the Nifty ending a shade below the 5900 mark. The Sensex managed to close above the 19,500 mark at 19,577, …

IMF – Development Committee Communiqué

Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries Tokyo, Japan October 13, 2012 1. The Development Committee met today, October 13, 2012, in Tokyo. 2. The global economy remains vulnerable. Challenges persist in many developed economies, while growth is slowing …