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Showing posts from March 13, 2019

Qualities Of A Good Prime Minister

Following are ten qualities (not in order of importance), which I believe are the most important for a Prime Minister and why ? - 1) Ability to connect with constituents - All great leaders in history had a penchant for being able to connect with their citizens i.e. a strong or habitual liking for something or tendency to do something. Leaders who have failed have probably failed in this domain. 2) Clarity of vision - The Prime Minister who knows their vision and can successfully articulate it to the voting public is one who will be held in high regard. 3) Coherent grasp of domestic issues - There has to be a keen desire and understanding of domestic concerns that directly impact the citizens. Failure to understand and address these issues will create a gap between what the Leader does and how it impacts their citizens. 4) Clear understanding of different cultures in their Governance - All good leaders will be able to understand the Political culture, Ethical/ Racial cultures, Cl

Tools To Measure Economic Progress Of A Country

Economic growth is the increase in the Inflation- adjusted market value of Goods and Services produced by an economy over time. It is conventionally measured as the percentage of increase in Real Gross Domestic Product (GDP). Economic reports and indicators provide measurements for evaluating health of our economy, latest business cycles and how customers are spending and generally faring. Given below are Nine points common and vital economic indicators for experts to judge and draw opinions from: 1) M2 (Money Supply) - Does not include Institutional Money Fund Assets, large denominated Time Deposits or Special Reserves Banks required to make. Data released by Reserve Federal System is used to assess current economic and financial conditions and to help alter its Monetary Policy which includes raising and lower interest rates. 2) Real GDP (Gross Domestic Product) -  Real GDP is a comprehensive way to gauge the health and well-being of an economy.It is the market value of all goods