Greece Exit from Eurozone- Implications on Indian and World Economy”

Mrunal's New article on UPSC: "[Economy] What If Greece Exits from Eurozone? Implications on Indian and World Economy" plus 1 more

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[Economy] What If Greece Exits from Eurozone? Implications on Indian and World Economy Past few weeks, media is talking about Greece's possible exit from Eurozone and its impact on India. Before going into Greece's possible Exit from EU, let's once again start from the beginning. How does Government finance its operations? What is Sovereign Debt? Then what is Sovereign Debt Crisis? What is a government bond? What is a bond market? Why do bond markets matter? Borrowing beyond the Aukaat Why is Greece such a messed up Economy? TimeLine of Events January 2010 February 2012: The Auserity Bill May 2012: Elections in Greece What's the EU Exit Rumor? What're the consequences IF Greece Exits Eurozone? Lines at the Banks Loan Default by Greece Meltdown Businesshouses go Bankrupt Sovereign Debt Crisis for Weak Eurozone Nations Good for US and Japan Political Turmoil in Europe Recession in Europe Why Greece Exit =Trouble for India? Food for thought How does a Government finance its operations? Continue reading [Economy] What If Greece Exits from Eurozone? Implications on Indian and World Economy

[Diplomacy] Sir Creek Boundary dispute between India Pakistan : History and Future What is Sir Creek Boundary? What is Harami Nala? Why is Sir Creek in news? Pakistani Claim Indian Claim History Solution Conclusion What is Sir Creek Boundary? Sir Creek is a 96-km strip of water that is disputed between India and Pakistan in the Rann of Kutch marshlands. The creek, which opens into the Arabian Sea, divides the Kutch region of Gujarat and the Sindh province of Pakistan. What is Harami Nala? Harami Nala is a marshy, sluggish and shallow water channel, spread over 500 sq km in Kutch, in the Sir Creek region, where both Indian and Pakistani fishermen sail to catch the prized variety of fishes, and at times get caught by the Costal guards of either country and spend years in Jail. Why is Sir Creek in news? On 19th June 2012, India and Pakistan failed Continue reading [Diplomacy] Sir Creek Boundary dispute between India Pakistan : History and Future

Source : mrunals blog