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Editor's Touch finberry wishes you a happy and prosperous 2010. Do you know how Nepal controls bribes taken by Customs in the airport? The Customs officers have been given uniforms without pockets! As forecast last year in “Recession 2020 Econoview”, recessionary overhang is gone – and most countries are grappling with how to withdraw the stimulus given to their respective economies. Economists have devised a new term for this – “exit strategy”. In my article, “The Elephant is Trumpeting; where are the Babies?” I have categorised businesses as valuation-based businesses and income-based businesses. The article also throws light on a few concerns about the growth and development of small enterprises, especially the income-based businesses, in India. Dr. Modak shares interesting insights on an emerging field in his write-up, “Environmental Degradation Accounting”. The first part of the write-up is featured in this issue of finberry Quickie. Ubed discusses investments in gold, in his piece “A Golden Opportunity”. Sundar Sankaran |
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