Well, i got the naswer in the same article which says that Financial depth can exceed GDP since the former reflects predicted future returns and growth, while the latter current economic activity.
Thursday, January 18, 2007
MvKinsey Survey: Mapping the global capital markets
On reading the fact that the the value of the world’s financial assets now exceeds global GDP by a factor of three which shows an unprecedented degree of financial depth, i was a bit confused of how's that possible?
Well, i got the naswer in the same article which says that Financial depth can exceed GDP since the former reflects predicted future returns and growth, while the latter current economic activity.
Well, i got the naswer in the same article which says that Financial depth can exceed GDP since the former reflects predicted future returns and growth, while the latter current economic activity.
lost n found
Ya true, had lost my bog somewhere in the cyber space, and got back through some serious google search. Meanwhile have read many blogs on GMAT prepration ways and firmed my view on the same.
Last few months was busy filling the PA forms as the appraisal time has come close. Also have made some progress on passport application. Lets see.
Last few months was busy filling the PA forms as the appraisal time has come close. Also have made some progress on passport application. Lets see.
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