Efficiency Of Economic Policy Research Articles

Customer's Usage of Cashless Banking Services -with Special Reference to Puducherry (U.T)

Cashless Banking is a designate or of financial transaction handled by means of credit cards, bank transfer, and cheques, with no exchange of bills or coins. The recent evolution of technology for financial transactions poses interesting questions for policy makers and financial institutions regarding the fitness of current institutional arrangements and availability of instruments to guarantee financial stability, effectiveness & efficiency of economic policy. This study aims to find out how the socio economic conditions of the respondents influence the proper and prompt use of various services.135 sample customers from Puducherry (U.T) were chosen for the study. The findings show that the respondents’ education qualification and the type of account (Savings, fixed, recurring and current account) are moderately correlated with the use of different services provided by the bank.

Introduction ‒ Dix longues années de crise

The crisis celebrates its tenth anniversary, offering economists a lesson in modesty and a great opportunity to take a new look at their understanding of the world. The effect of a zero lower bound on interest rates on the efficiency of economic policies, the Keynesian multiplier measure, the issue of the growth slowdown being a cause or consequence of the crisis, the effect of rising uncertainties on households’ and firms’ behaviour, the effectiveness of macro-prudential stabilisation, the impact of inequalities on the functioning of the credit market, the way in which the coordination of macro-economic policies in Europe is designed and promoted : all these crucial questions are part of the economists’ research programme, and this special issue offers a rich review of the progress already achieved.

How to Increase Efficiency of Economic Policy: Empirical Analysis of Government Institutions Role

The paper analyzes the hypothesis of statistical significance of the institutional factor in the process of increasing the efficiency of economic policy in developing countries. It shows that expansion of domestic credits to private sector (aimed at increasing private investment activity including FDI) may bring about contrary results if corruption in the country is higher than the threshold level. The efficiency of anti-inflation policy in many respects depends on the quality of banking system: the higher it is the lower is the impact of money supply on inflation and vice versa. The main reserves of increasing efficiency of anti-inflation policy in the CIS countries are strengthening of banking potential and energy saving. The priority of institutions development measures as compared to selective measures of government support of separate sectors of economy is justified.