High growth rate, booming international trade, tame inflation, high employment rate, manageable budget deficit…Phew! Mystified by all these economic indicators, then look to east Europe, a small country- Lithuania. This quiet and latent economy slowly crawled towards development and astonishingly emerged as brightest of all the Baltic States.
After the market crash of 1998, this Baltic Tiger revamped its economic policy and embarked on a developmental drive. Privatisation on large scale was adopted. This was followed by an effective tax collection procedure clubbed with reduction in administrative spending, which not only benefited them in short run but also in long run.
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Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India