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[ Rockford
Foundation ] |
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Financial Engineering > Media Engineering |
17 June 1997 |
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I N T E R N A T I O N A
L I N D I A N |
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M E D I A E N G I N E E R I N G |
THROUGH FINANCIAL ENGINEERING AND VICE VERSA |
NATURALLY, IN TOTALITY |
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J. B. PATEL |
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The gap between
the currencies' exchange rate and its purchasing power parity (PPP) is a function of
consumer preference, which mainly depends on media engineering. Each media may have
a natural preference for its own product and that makes FINANCIAL
ENGINEERING through MEDIA ENGINEERING and vice versa
to be one of the most dymanic phenomenon with reference to discussions on FULL CONVERTIBILITY. Who is going to bear the cost of our track
record on FOREIGN LOANS & TRADE DEFICITS? Because of
devaluation of the rupee, a US$ loan @6.5% in 1985, TO BE
REPAID IN ORIGINAL FOREIGN CURRENCY, turned out to be nearly equivalent of 20% in rupee terms during
1985-95. If one has to speculate on the basis of nearly Rs.35/US$ in
1995 from nearly Rs.11/US$ in 1985, what will be the FOREIGN
EXCHANGE rate at the time of REPAYMENT
to be made in FOREIGN CURRENCY? |
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Providing
incentives/subsidies to one's media for the desired consumer preference in totality could
be the best utilization of our funds. |
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It will be in
one's interest to provide incentives/subsidies to one's media for the desired consumer
preference in one's domestic as well as foreign market through media engineering. Thus,
FINANCIAL ENGINEERING THROUGH MEDIA ENGINEERING AND VICE VERSA will be one of the most
efficient method to achieve our targets in the shortest possible time frame. |
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GOING
GLOBAL, THE RIGHT WAY...
GLOBAL LEADERSHIP IN RESOURCE MANAGEMENT
FINANCIAL ENGINEERING IN TOTALITY |
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