I had made an attempt to write a few research papers some time back. Some were presented, published and appreciated; some didn’t either due to me not meeting the required deadlines or my boss not being interested. I take the opportunity to share some of the abstracts with my readers here. .
One of the primary causes of the present global recession has been the sub-prime crisis due to irrational lending in USA and parts of Europe. This had started a couple of years back. As the world today is a borderless village the consequences of such a major catastrophe has been felt in India along with all countries globally. We need to think what has not been done in our economy and what should be, on a priority basis, to avoid any erosion of our national wealth. This research paper will make an attempt to find it.
The major areas to be worked upon are creation of industries which create employment generation. Next comes taking advantage of the PPP Theory. Third is building of alternate infrastructure. Fourthly, we have not understood the importance of SSI. Last but not the least is vocational education. This research paper will bring forth what has not been done in these areas and what is the road to the future.
Key Words: global recession, irrational lending, employment generation, PPP Theory, alternate infrastructure, SSI, vocational education, sub-prime crisis, corporate governance, global economic turmoil, all regulators in India,
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