Showing posts with label GDP. Show all posts
Showing posts with label GDP. Show all posts

Friday, December 7, 2012

WORLD: FOOD WASTE

Mind your wallet if you waste...

To make the matter worse, rather horrifying, this phenomenon is not just confined to the US but can be felt and found across the globe. Consider this: half of Australia’s landfill is made out of food waste. Likewise more than 30% (worth £10 billion) of all food purchased in the UK never reaches destination (read: the stomach), 30% of total fish is lost in Africa due to discards, post-harvest loss and spoilage. If one collects all the food found in bins in the UK, the whole of Wembley stadium can be covered eight times in a year! Japan leads the race hands down by wasting 20 million tons of food annually. The other side of the story is even more interesting. The University of Arizona believes that if Americans cut their food waste by 50%, it would reduce the environmental impact by 25%, while researches in the UK estimate that if food wastage is contained, the reduction in CO2 emission would be equivalent to pulling off 20% of cars from the UK’s roads! The whole contention of donating 0.7% of GDP to developing countries will be redundant if the Hayashi Ya model is replicated all across. What an idea Hayashi Ya!


Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

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Friday, October 12, 2012

KAZAKHSTAN: MR. NUR AND HIS...

A romantic story of Mr.Nur and oil

This move was preceded by the government acquiring the two leading banks and taking over 25% stake in two other NBFCs. There are fears among analysts that within the next year, tenge will further devaluate to $186.315.

Critically, their credit default swap is rising with higher risk of debt default. In the London Stock Exchange, the stocks of Kazakhstan’s mining firms plummeted with devaluation of its currency. As a consequence of plunging oil prices, the government is readjusting its fiscal assumptions on revenue earned from oil at $40 per barrel for 2009, and $50 per barrel for 2010 and 2011. To his credit, Kazakhstan’s fiscal and monetary reserve lies at a huge 42% of GDP, and is quite handsome compared to neighbouring countries. But with public debt at 9% of GDP, and the banking sector on the brink of a gargantuan collapse (despite the government’s $4 billion injection into the system), it must be with a lot of pain Mr.Nur must be realising that the oil mistress has almost but run away. If reports go right, then Nur may soon have to approach the IMF for a bailout package. Ah, with the IMF would come the loaded baggage of the US, and with the US, capitalism and democracy (yes, we’re laughing).


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
 
IIPM : The B-School with a Human Face
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Thursday, August 16, 2012

Just don’t miss the woods

Stabilising population growth requires a more holistic approach

One-sixth of world’s population lives in India; and with its current growth rate, it is poised to overtake China by 2040. Its present population of 1.2 billion is a more than threefold increase from 361 million in 1951 – and with a density of 789 persons per square mile, which is one of the highest in the world – it is clear that India’s population control program is a failure from the roots.

While one thought process says that population is actually India’s strength (as more people buying products would mean more GDP), the fallacy of this philosophy is unresolved where the majority of our population (400 million plus) lives below the poverty line, unable to procure subsistence food, leave alone purchase any product. To that effect, India is one of the first nations to launch an official family planning program in 1951, but over 5 decades have passed without substantive success.




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