This paper examines the origins and use of the concept of Gross National Happiness (or subjective well-being) in the Kingdom of Bhutan, and the relationship between measured well-being and macroeconomic indicators. While there are only a few national surveys of Gross National Happiness in Bhutan, the concept has been used to guide public policymaking for the country’s various Five-Year Plans. Consistent with the Easterlin Paradox, available evidence indicates that Bhutan’s rapid increase in national income is only weakly associated with increases in measured levels of well-being. It will be important for Bhutan to undertake more frequent Gross National Happiness surveys and evaluations, to better build evidence for comovement of well-being and macroeconomic concepts such as real national income.
India was an economic power to reckon with until its economic decline in the 18th century. What explains this long period of prosperity? The answer might lie in a framework of social and economic thought that lies buried in our ancient heritage, says Sriram Balasubramanian, of which Kautilya's Arthashastra is a major example. Kautilyanomics for Modern Times seeks to do three things-first, to provide a structure and a context for Kautilya's economic thoughts; second, to examine his work's relevance today; and third, to do it in a way that a lay reader can follow and grasp easily. Kautilya's thought is mainly articulated through the prism of dharmic capitalism and its components-some examples include his views on global economic outlook, state-market dynamics, and sustainable growth through observance of environmental, societal and familial responsibilities. Fathoming India's rich economic and philosophical heritage and making use of it, Balasubramanian argues, would prove to be a great asset in India's/the country's/the nation's ascent again.
Is there a one-size-fits-all approach to inclusive growth? We look at four key case studies across advanced and emerging markets—the Nordics, India, Brazil, and Egypt—to try to answer this question. We highlight qualitatively in these countries the key components of inclusive growth models, outcomes from these models, and the road ahead in the respective countries. Some of the analysis focuses on co-operative labor markets in the Nordics, direct benefit transfers in India, the role of social assistance and commodity boom in Brazil, and the inequality puzzle in Egypt. The paper finds that there is a lack of homogeneity among the approaches by these countries and identifies the need for customized solutions to inclusive growth. A one-size-fits-all approach doesn’t seem to work. The more customized the inclusive growth model, the better the overall outcome.
Using 2011-12 consumption micro-data, we find that nearly one-third of the variation in living standards in India can be explained by location alone. Consumption levels and locational inequality are positively related. In effect, from an individual’s perspective, living standards are higher in richer, but more unequal, locations in India. The central factor behind these findings is the large difference in average consumption levels between rural and urban India and continued divergence in per-capita incomes between rich and poor states. Our results provide a possible explanation for the persistence of economic migration from rural to urban areas within a fast-growing emerging economy. While individuals cannot easily alter specific characteristics like their caste or religion, they have some freedom to change their location to enjoy better living standards.
Learn the fundamentals of vRealize Automation to accelerate the delivery of your IT services About This Book Learn to install the vRealize Automation product in a distributed architecture using a load balancer Plan backup and recovery strategies for every vRealize automation component Use vRealize Automation to manage applications and improve operational efficiency using this simple and intuitive guide Who This Book Is For This book is for anyone who wants to start their journey with vRealize Automation. It is your one-stop instruction guide to installing and configuring a distributed setup using NSX load balancer. Regardless of whether or not you have used vRealize Automation before, following the steps provided in each chapter will get you started with the product. What You Will Learn Understand the basic building blocks of vRealize Automation before embarking on the journey of installation Familiarize yourself with the requirements and steps that need to be performed during the first phase of the distributed installation Carry out a functional validation of the first phase of installation before completing the installation Build a blueprint for vSphere endpoint, an essential step for a successful deployment of a service catalog Create, configure, and deploy tenants, endpoints, blueprints, and the service catalog Get to grips with the failover process for all components in vRealize Automation Learn to configure the NSX loadbalancer for vRealize Orchestrator for high availability Leverage ASD to develop XaaS (Anything as a Service) in vRealize Automation to deliver valuable competence In Detail With the growing interest in Software Defined Data Centers (SDDC), vRealize Automation offers data center users an organized service catalog and governance for administrators. This way, end users gain autonomy while the IT department stays in control, making sure security and compliance requirements are met. Learning what each component does and how they dovetail with each other will bolster your understanding of vRealize Automation. The book starts off with an introduction to the distributed architecture that has been tested and installed in large scale deployments. Implementing and configuring distributed architecture with custom certificates is unarguably a demanding task, and it will be covered next. After this, we will progress with the installation. A vRealize Automation blueprint can be prepared in multiple ways; we will focus solely on vSphere endpoint blueprint. After this, we will discuss the high availability configuration via NSX loadbalancer for vRealize Orchestrator. Finally, we end with Advanced Service Designer, which provides service architects with the ability to create advanced services and publish them as catalog items. Style and approach This book takes a step-by-step approach, is explained in a conversational and easy-to-follow style, and includes ample screenshots . Each topic is explained sequentially through planning, preparing, installing, configuring, and validating of all vRealize Automation's components.
Tantrasangraha, composed by the renowned Kerala astronomer Nīlakantha Somayājī (c.1444-1545 AD) ranks along with Āryabhatīya of Āryabhata and Siddhāntaśiromani of Bhāskarācārya as one of the major works which significantly influenced further work on astronomy in India. One of the distinguishing features is the introduction of a major revision of the traditional Indian planetary model. Nīlakantha arrived at a unified theory of planetary latitudes and a better formulation of the equation of centre for the interior planets (Mercury and Venus) than was previously available. In preparing the translation and explanatory notes, K. Ramasubramanian and M. S. Sriram have used authentic Sanskrit editions of Tantrasangraha by Surand Kunjan Pillai and K V Sarma. All verses have been translated into English, which have been supplemented with detailed explanations including all necessary mathematical relations, illustrative examples, figures and tables using modern mathematical notation.
This compact and concise study provides a clear insight into the concepts of Core Banking Solution (CBS)—a set of software components that offer today’s banking market a robust operational customer database and customer administration. It attempts to make core banking solution familiar to the professionals and regulatory authorities, who are responsible for the control and security of banks and shows that by using CBS, banking services can be made more customer friendly. This well-organized text, divided into two parts and five sections, begins (Part I) with the need for core banking solution technology in banking system, its implementation and practice. It then goes on to a detailed discussion on various technology implications of ATM, Internet banking, cash management system, and so on. Part I concludes with Business Continuity Planning (BCP) and Disaster Recovery Planning (DCP). Part II focuses on components of audit approach of a bank where the core banking solution has been in operation. Besides, usage of audit tools and study of audit logs have been discussed. KEY FEATURES : Suggested checklists for performing audits are included. An exclusive chapter is devoted to Case Studies based on fraudulent activities in banks due to lack of security and controls. Useful Web references have been provided. Contains relevant standards of international body ISACA, USA. This book would be useful for the Chartered Accountants who are Auditors of various banks. It would help the External System Auditors and the Auditors who perform concurrent system audit of banks and also for the Officers of the Department of Banking Supervision of the Reserve Bank of India and others who have the responsibilities of regulating the security and controls in the banks. In addition, it would be extremely useful to the bankers who have Information Technology as one of the subjects for the CAIIB examination. This book is a trailblazer in the Indian Banking scene. It makes tremendous and vital contribution to the aspect of Computer Assurance and Risk Management in Banking. — N. VITTAL, I.A.S. (Retd.), Former Central Vigilance Commissioner
India was an economic power to reckon with until its economic decline in the 18th century. What explains this long period of prosperity? The answer might lie in a framework of social and economic thought that lies buried in our ancient heritage, says Sriram Balasubramanian, of which Kautilya's Arthashastra is a major example. Kautilyanomics for Modern Times seeks to do three things-first, to provide a structure and a context for Kautilya's economic thoughts; second, to examine his work's relevance today; and third, to do it in a way that a lay reader can follow and grasp easily. Kautilya's thought is mainly articulated through the prism of dharmic capitalism and its components-some examples include his views on global economic outlook, state-market dynamics, and sustainable growth through observance of environmental, societal and familial responsibilities. Fathoming India's rich economic and philosophical heritage and making use of it, Balasubramanian argues, would prove to be a great asset in India's/the country's/the nation's ascent again.
This paper examines the origins and use of the concept of Gross National Happiness (or subjective well-being) in the Kingdom of Bhutan, and the relationship between measured well-being and macroeconomic indicators. While there are only a few national surveys of Gross National Happiness in Bhutan, the concept has been used to guide public policymaking for the country’s various Five-Year Plans. Consistent with the Easterlin Paradox, available evidence indicates that Bhutan’s rapid increase in national income is only weakly associated with increases in measured levels of well-being. It will be important for Bhutan to undertake more frequent Gross National Happiness surveys and evaluations, to better build evidence for comovement of well-being and macroeconomic concepts such as real national income.
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