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Dr Sandip Solanki from
Indira School of Business Studies,
Pune explains in
his article 'Economic reforms and Inter-regional
Disparities' that there was acceleration in the growth rate of GDP and
per capita income after 1991. As a result of large base and continuous growth of
the economy for over two decades, India claims to have emerged as the 4th
largest economy in the world in terms of ppp and the second fastest growing
economy in the world. The on goring reform process has completed its 17 years,
now it is relevant to ask whether economic reforms have promoted the objective
of regionally balanced development.The impact of India’s economic reforms on
economic performance has been the subject of much academic study and public
debate in India, but the focus has been largely on the performance of the
economy as a whole or of individual sectors. The performance of individual
states in the post-reforms period has not received comparable attention and yet
there are very good reasons why such an analysis should be of special
interest. The study focuses on the issue of inter-state disparities of the 14
major states in the post-reform period beginning from the 1991-92 to 1998-99 and
further from 2000-01 to 2005-06.To
read more click Vol 4 no. 4
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Prof
Uhomoibhi Toni Aburime
from Department of Banking and Finance, Faculty of
Business Administration, University of Nigeria, Enugu Campus, Benin City, Edo
State, Nigeria, explains in his article 'Impact of Ownership on Bank Profitability in Nigeria'
that recent years have seen increased research into the relationship
between ownership and bank profitability. Several studies have been conducted on
the relative performance of foreign versus domestic banks. Studies of the
relative performance of foreign versus domestic banks in industrial countries
include DeYoung and Nolle (1996), Berger et al. (2000) and Vander Vennet
(1996); and studies focusing on developing countries (or both developing and
industrial countries) include Bonin et al. (2004) and Clarke et al.
(2000). Most of these studies have argued that foreign banks are more
profitable than their domestic counterparts in developing countries and less
profitable than domestic banks in industrial countries. In a research study,
conducted by Goldberg et al (2000), foreign-owned banks, on the whole,
tended to be “healthier” than their domestic counterparts. Comparing the
1995-2000 performance of foreign and domestic banks in select Latin American
countries, they revealed that while foreign banks differed little from their
domestic counterparts in overall financial condition, they showed more robust
loan growth, a more aggressive response to asset quality deterioration, and a
greater ability to absorb losses- characteristics that jointly portray that they
are by far more profitable than domestic banks.
To
read more click Vol 4 no. 3
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