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    News and Articles on Closed Economy



    Unemployment's black October  Nov 7, 2009
    " Kelley bellows back at him. Typically I hate this tough-love routine. But financial planners yelling at self-pitying former child stars? That's entertainment. After the dust has settled, Aames holds a yard sale. Strangely, when he sees all of his neighbors gathered outside to buy all of his furniture and his DVDs and his gigantic flat-screen TV, he seems to find it touching rather than flatly depressing. As they clamor around him to buy his stuffed deer and buffalo heads, as women ask him to... (Salon)

    Unemployment  Nov 7, 2009
    Follow News & Politics. Editor: Updated: Today Topic. (Salon)

    Healthcare Reform  Nov 4, 2009
    Even if the U.S. had a completely closed economy, over time inventors and investors would figure out ways to replace people with machines. Since the beginning of the industrial revolution more than two centuries ago, sectors that have adopted labor-saving machinery have shed labor to other sectors. (Salon)

    Titans of biz world: N Murthy, Amit Burman & Adi Godrej  Sep 22, 2009
    We faced lots of difficulties in the beginning because at that time, the country was a closed economy. It took 2-3 years and about 50 visits to Delhi to get a license to import a computer of 50,000 dollars. (India Times)

    ET Awards jury to meet on Aug 20  Aug 17, 2009
    India today has moved from being a closed economy with limited levels of foreign investment to one where it is considered a powerful global entity. With Indian companies making acquisitions globally apart from the domestic economy playing host to some of the world's finest business establishments, India's journey is being keenly watched. (India Times, India -- Intl Business)

    India's flagship outsourcing sector hits tough times  Aug 6, 2009
    The domestic market is still dwarfed by the export market but it is growing at a much faster pace as India's relatively closed economy has been less hard hit by the global slowdown. 1. (India Times)

    The doctor is in ... Bangkok  Aug 2, 2009
    Nonetheless, there are real gains: we pay far less for our clothes, our cars, our computer service calls than if the United States was a closed economy. Costs go down, and our standard of living, on balance, goes up. (Boston Globe)

    Mukherjee Seeks Support for Indian Budget After Plunge in Stocks, Currency  Jul 7, 2009
    Mukherjee, who presented his first budget in 1982 when India was a closed economy allied to the Soviet Union, yesterday pledged to spend more on food subsidies and rural jobs to help aid the poor. The 73-year-old politician now needs to convince investors that corporate India will also benefit from the rural growth, tax relief and increased outlays on roads and power. (Bloomberg -- Asia)

    India's Mukherjee Raises Spending on Roads, Aid to Poor; Deficit to Widen  Jul 6, 2009
    Mukherjee, who ran a closed economy as the finance minister in s cabinet from 1982 to 1984, returned to the portfolio this year after serving as the defense and foreign minister during the bulk of Singhs first five-year term. Mukherjee also allocated more to ports, power, roads and other infrastructure, where inadequacies shaves about two percentage points off Indias rate, according to the finance ministry. (Bloomberg -- Asia)

    S Dasgupta: A truth nobody will admit  Jul 5, 2009
    Ayodhya was also a revolt against a failing Nehruvian consensus centred on the Congress' manipulative politics, the Left-progressive control over intellectualism and a closed economy built on controls and cronyism. The symbolism of the first (Rajiv Gandhi-approved) shilanyas in 1989 coinciding with the dismantling of the Berlin Wall shouldn't be dismissed casually. (India Times, India)

    S. Koreans speculate about Kim's successor  Jun 3, 2009
    " She says the plans for a father-son succession suggest North Korea has no plans to reform its closed economy or to rethink the hostile face it shows the world. Little is known about Jong Un. The Swiss newsmagazine L'Hebdo reported this year that he attended the International School of Bern, Switzerland, in the 1990s. He enrolled under the pseudonym Pak Chol, socialized with the children of U.S. diplomats and became of fan of basketball superstar Michael Jordan and movie action star Jean-Claude... (USA Today)

    Till debt do us part  May 30, 2009
    Debt, velocity and income This e-mail was presumably generated in Europe, what with its notions of using the euro and the ideal closed economy that is expounded upon. While in its logical construction this e-mail falls into the "broken glass pane" line of questioning (namely is the wanton destruction of useful objects economically additive or negative) the difference comes about in the seductive notion of monetary velocity being a solution to a debt crisis. (Asia Times Online)

    Pranab Mukherjee, the `Deliverer,' Takes Over as Indian Finance Minister  May 24, 2009
    Mukherjee, who ran a closed economy as the finance minister in s cabinet from 1982 to 1984, inherits one that is now open and exposed to the global recession. He has called for accelerating reforms in banking and insurance to make the economy more competitive and accelerate. (Bloomberg -- Asia)

    * Short and long-term solutions  May 8, 2009
    Chinas relatively closed economy, meanwhile, improves the likely effectiveness of its huge planned stimulus. Government spending is more effective than tax cuts in the near term. (Taipei Times, Taiwan -- World)

    Avoidance everywhere by Simon Sweetman  Apr 15, 2009
    Closed EconomyYou appear to be wanting a closed economy where nobody can leave and your tax bill is determined by Ms Harman's people's court. The downturn is caused as much by economic mismanagement by the government than foolish banks, and it is the government that hopes taxpayers will be hoodwinked into thinking a few rich people can pick up the tab. (Accounting Web, UK)

    Innovation Boosting Intelligence Levels For Search Engines  Apr 10, 2009
    Thirty years ago, China was a closed economy. We were pretty much isolated from the rest of the world. (Investors Business Daily)

    G20 to fight protectionism  Mar 26, 2009
    Barriers against others' goods won't tame ferocious waves at all, and, when the barrier finally breaks down, the harm to a closed economy will be more catastrophic. Your Message. (People's Daily Online, China)

    Let Si Get This  Feb 8, 2009
    It's a closed economy where almost all human needs and desires can be gratified with a miraculous, unlimited currency called the Si. A Lincoln Town Car is waiting outside your door in the morning to take you to work. (Slate)




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