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Preeti Dabral 3 years ago
Pump priming is the action taken to stimulate an economy, usually during a recessionary period, through government spending and interest rate and tax reductions. The term pump priming is derived from the operation of older pumps - a suction valve had to be primed with water so that the pump would function properly.
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Preeti Dabral 3 years ago
Hegemony can be overcome through different strategies. Two important strategies are: Bandwagon strategy and Hide strategy
- Bandwagon strategy: In this strategy, it is suggested that instead of engaging in activities opposed to hegemonic power,it may be advisable to extract benefits by operating within the hegemonic system.
- Hide strategy: This implies staying as far removed from the dominate power as possible. The attributes of hide strategy was noticed in China, Russia and European Union- all of them, in different ways, are seeking to stay below the radar and not overly and unduly antagonize the US.
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Preeti Dabral 3 years ago
India Domestic Credit increased 11.6 % YoY in Sep 2022, compared with an increase of 11.2 % YoY in the previous month See the table below for more data.
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