Word: prasad
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Dates: during 2000-2009
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...several qualities that won Boutros-Ghali the IMF job. His track record as Egypt's Finance Minister was another: under him, the notoriously sclerotic Arab nation has grown at an annual rate of 7%. "He's seen as a facilitator, somebody who can generate progress," says Eswar Prasad, professor of trade policy at Cornell University and former head of the IMF's China division. "In Egypt, he's been able to operate under significant institutional and political constraints - that's valuable experience when you're dealing with...
...property companies owned by the Raju family. Two senior partners of Satyam's auditors, Price Waterhouse, S. Gopalakrishnan and Srinivas Taluri, have also been arrested and charged with conspiracy, among other allegations. "SEBI will mainly look into any falsifications that may have had a [stock] price impact," says Anand Prasad, a partner at Delhi-based corporate law firm Trilegal. "They will look into how shareholders and the markets may have been impacted." Depending on the findings, SEBI can impose financial penalties or seek criminal convictions in court. It's unclear how long the investigation will take...
...Eswar Prasad, a Cornell economist, and his coauthors have found that many countries have “decoupled” from the global economy in the past 20 years. Their prosperity now depends much more on the situation of countries like them, not on the global market as a whole. Business cycles in the last two decades tended to have an impact on groups of countries but not on the entire world...
...anyone, she turned up later that day at a five-star hotel in the Indian capital New Delhi for a second celebration. "If you've come from nothing and then make money, it's a very understandable psychological drive to want to openly spend it," says Chandra Bhan Prasad, a pioneering Dalit newspaper columnist. That's especially true, says Prasad, if you feel unwelcome by the traditional ruling classes: "There is still a feeling among many in the upper-caste Hindu élite that she's not acceptable...
...States right after World War II,” Paul said. “And when you remember the long bull run of the postwar era, you realize that current Indian growth is only in its early innings, despite how much the economy has already grown.” Prasad R. Menon, a managing director at Tata Power who participated in a panel on expanding India’s energy production, described the current situation in India: Energy is in constant shortage as demand continues to expand. Menon blamed the government for not providing entrepreneurs in the energy sector with...