"A Festschrift in Honour of Dr. Debesh Bhowmik" released on 4th October 2023

                       GREAT HONOUR

The book entitled, "A Festschrift in Honour of Dr. Debesh Bhowmik" released on 4^th October 2023

The book is in the name of Prof Dr Debesh Bhowmik , Professor of Business at Lincoln University College, Malaysia. The Foreword message has been written by Prof Dr. Sandeep Poddar, Deputy Vice Chancellor (Research & Innovation), Lincoln University College, Malaysia

The book released in presence of Prof Dr Amiya Bhaumik, Founder-President, Datuk Dr Hjh Bibi Florina Abdullah, Pro Chancellor, Dato (Amb) Dr. Mohd Yusoff Bin A. Bakar

Vice Chancellor & CEO ,  Dr. Parlindungan Purba, Founder Sari Mutiara Indonesia University, Indonesia & Dr Neil Martin, Extension Coordinator, College of Nursing,  Iligan Institute of Technology, Mindanao State University, Philippines

RELATION BETWEEN INFLATION AND CAPITAL MARKET IN INDIA---BY DR.DEBESH BHOWMIK

 

New Article published

Relation Between Inflation and Capital Market in India

---Dr.Debesh Bhowmik

Financial Markets, Institutions and Risks, 7(3), 94-112.

https://armgpublishing.com/.../volume-7-issue-3/article-8/

Abstract

Capital market has significant influence on the inflationary situation in an economy both in the short run and in the long run. The general determinants which affect capital market are share indices, stock prices, prices of gold and silver, interest rate, exchange rate and even money supply can be treated as influencing variable when money is treated as capital. In this paper the author examined the impact of capital market on inflation in India during 1980-2022 taking CPI and WPI as the indicators of inflation and gold price, silver price, BSE index, BSE market capitalization, money supply and rupee dollar nominal exchange rate are considered as the indicators of capital market. Augmented Dickey-Fuller test was applied to verify unit root for all variables including break unit roots and the author calculated growth rates during 1980 – 2022 using the simple semi-log linear trend model. Author applied Johansen cointegration test and vector error correction models among the variables in both the cases of CPI and WPI and calculated short run causality through Wald test and long run causality through cointegrating equation. In VECM, the paper found one significant cointegrating equation in case of CPI and found three significant cointegrating equations in WPI. The paper found that CPI has long run causal relationships with BSE index, BSE market capitalisation, money supply and rupee dollar exchange rate and WPI has long run cointegrating relationships with BSE market capitalisation, money supply and rupee dollar exchange rate respectively. Rupee dollar exchange rate has short run causal relationships with CPI and again CPI and BSE index has bidirectional short run causality. According to impulse response functions, the responses of CPI to gold price, BSE market capitalization and money supply have been approaching towards equilibrium but finally diverged away from equilibrium. There are significant short run causalities from BSE index and money supply to WPI. The impulse response of WPI to gold price, silver price, BSE index, BSE market capitalisation and exchange rate of rupee have been converging towards equilibrium many times although diverged finally. The model can be modified by including interest rate, share prices, bond prices under monthly data analysis.

Keywords: CPI, WPI, gold price, silver price, BSE index, BSE market capitalization, money supply, exchange rate, cointegration, vector error correction, short run causality, long run causality.

JEL Classification: C22, C32, E30, E31, E52, E62, F31.

Gender Inequality in Higher Education and Research by Debesh Bhowmik

 New Article published

Gender Inequality in Higher Education and Research

---Debesh Bhowmik

Business Ethics and Leadership, Volume 7, Issue 3, 2023

ISSN (online) – 2520-6311; ISSN (print) – 2520-6761

http://doi.org/10.61093/bel.7(3).108-119.2023.

The central objective of the paper is to focus on gender inequality in education, especially in higher education and research in various regions of the world and to search out the causes of the long-term structure of inequality, to relate human development and gender inequality and to find out the proper policy prescriptions suggested by international institutions. Also, the author conducted a case study of women's role in publication in research and explained the causes of incapabilities.

BOOK RELEASE---- A FESTSCHRIFT IN HONOUR OF DR.DEBESH BHOWMIK

 BOOK RELEASE----

A FESTSCHRIFT IN HONOUR OF DR.DEBESH BHOWMIK

EDITED BY FITSZERALD WITIKA,ASIK RAHAMAN JAMADER,DR.SUBHOJIT PAHARI

(KUNAL BOOKS,NEWDELHI,2023)

The book-"A Festschrift in honour of Dr.Debesh Bhowmik" edited by Dr.Subhajit Pahari ( and others) ,Prof of Symbiosis Centre for Management Studies, Nagpur India ,is being released by Prof. Sameer Pingle, Director of SCMS today. The book consists of 22 articles including 7 articles from foreign economists (Spain, Australia,Peru,SriLanka,Zambia,Canada,) and 15 articles from Indian Professors.

CONTENTS

[1] The World Exchange Rate Market: Empirical Evidence

…Prof. Gonzalo Perez-Seoane

[2] Critique of Piketty’s Capital in the Twenty-First Century from a heterodox perspective

… Prof.Dante A. Urbina

[3] The schizophrenic understanding of money in economics

-Professor Steve Keen

 

[4] An empirical analysis of the relationship between unemployment rate and inflation rate: A test of the Phillips curve hypothesis in Zambia        

…..Fitzgerald Witika

[5] The impact of Budget deficits on Inflation: The case of Zambia

…Dr. Francis M Muma and Otis Chirwa

[6] Shift-Left Testing – Test Pyramid Model

… Phartheeb Tanjore Kandasamy

[7] Symbiosis Between Nature-Based Tourism and Nature Conservation

…Dr. Suresh Kanesh

[8] An Empirical Analysis on Women Empowerment in Uttar Pradesh

… Dr. Niharika Srivastava

[9] Enactment of The New Policy Reform In International Trade: A Study On Multilateral Trade.

.. Deobojyoti Kumar

[10] Hospitality Post Pandemic Employment & Revenue Generation Strategy

^…Asik Rahaman Jamader, and Piyali Parveen

[11] Education, Gender and Empowerment: A Sociological Discourse

 

..Dr. Kaushik Chattopadhyay

[12] Analysis of factors affecting paddy yield in two selected villages of Mohammad bazar C.D. Block in Birbhum District, West Bengal

…Dr.Mrinmoy Saha and Dr.Tarun Kumar Mondal

[13] Changes in patterns of female employment and returns to education in West Bengal

…Dr. Dipika Basu, Dr. Pratha Pratim Roy, Sulata Hembrem and Dr. Arun Kumar Nandi 

[14] A Relocation Framework of Bachelor Degree Education into Recreation Along With Leisure Studies Outcome Variables after Covid-19

….Asik Rahaman Jamader

[15] Trends And Patterns Of Agricultural Credit And Its Role in Bihar

…Dr.Aruni Kumar

[16] Sustainability’s in the Textile Colleges: Frustration in the Education Sectors.

…..Dr.Bibekananda Basu

[17] How Far the Foreign Policy and Public Policies under Modi Regime are Instrumental in Making India a Global Super power: An Authoritative Exploration

-     Dr. Keshab Chandra Mandal

[18] Bamboo Crafts and Tribal’s of Odisha

            …Dr. Aruna Kumar Nishanka

[19] Wrenching Rupture: Re-visiting Gendered Violence in Select Partition Short Stories

       …Dr Shilpi Basak

[20] Is there a gender gap in literacy rates still existing in India? A State Level Analysis in India

  …….. Dr.Susobhan Maiti, Anindita Jana, Dr.Tanushree Gupta and Surendranath Mandi

[21] Exploring the Impact of Agriculture Sector Reforms in India: The Road Ahead

      ……Dr. Subhajit Pahari

[22] COVID-19 and Indian Economy : Behaviour of Price Index

        ……Dr.Debesh Bhowmik

THE IMPACT OF FDI INFLOWS ON GDP GROWTH RATE AND UNEMPLOYMENT RATE IN INDIA DURING 1991-2023. BY DEBESH BHOWMIK-

NEW ARTICLE

DEBESH BHOWMIK-THE IMPACT OF FDI INFLOWS ON GDP GROWTH RATE AND UNEMPLOYMENT RATE IN INDIA DURING 1991-2023.

JOURNAL OF ECONOMICS AND MANAGEMENT RESEARCH,4(4),1-9,2023

 PLEASE READ FULL FROM THE FOLLOWING LINK

https://www.onlinescientificresearch.com/articles/the-impact-of-fdi-inflows-on-gdp-growth-rate-and-unemploymentnbsprate-in-india-during-19912023.pdf

 

ECO-THE COMMON CURRENCY OF ECOWAS.......BY DR.DEBESH BHOWMIK & FITZGERALD WITIKA

 NEW BOOK

ECO-THE COMMON CURRENCY OF ECOWAS

BY

DR.DEBESH BHOWMIK & FITZGERALD WITIKA(ZAMBIA)

FOREWORD BY PROF.MANOJ KUMAR MISHRA

SHANDILYA PUBLICATIONS,NEW DELHI,PRICE-950/-,2023,P-XV+250

The book consists of 8 chapters in which Witika has written the chapters 2,3,4, and 7 respectively and the rest chapters were written by me.The chapters are:Introduction,Economic and Monetary History,Theoretical literature of Monetary Union, Empirical Literature of monetary union,ECO-the single currency of ECOWAS,Terms of trade of ECOWAS,Single currency of Africa and ECOWAS,Conclusion.
The book will be helpful to the researchers who are fully interested to study the monetary integration as well as economic integration in context of international trade and finance especially in African continent in the world economy.

AN OUTLINE OF AGRICULTURAL DEVELOPMENT IN INDIA...........by Dr.Debesh Bhowmik & Dr.Aruni Kumar

 

                                                    ARRIVAL OF NEW BOOKS

AN OUTLINE OF AGRICULTURAL DEVELOPMENT IN INDIA 

BY

DR.DEBESH BHOWMIK & DR.ARUNI KUMAR

The book comprises 11 chapters on agriculture. Dr.Aruni Kumar wrote first chapter to sixth chapter and Dr.Debesh Bhowmik wrote seventh chapter to 11th chapter.

Chapter 1:Education and Agricultural Development in India

Chapter 2:Agricultural mechanisation in India

Chapter 3:Adoption of modern technology and future of Indian agriculture

Chapter 4:Achieving Atmanirbhar Bharat in agriculture in India

Chapter 5:Future pattern of agricultural research in India and food security

Chapter 6:Digital farming in India

Chapter7:The relation between agriculture share in GDP and per capita GDP in India during 1960-2021

Chapter 8:Agriculture sector, poverty and hunger

Chapter9:Agricuture:Nexus between employment and net value added

Chapter 10:Foodgrain production: Cultivated area and foodgrain production and co2 emission in India during 1960-2021

Chapter 11:Role of FDI in Indian agriculture.

The book is published by Kunal Books,NewDelhi,2023,Price-Rs 1095/

There are 39 tables on agricultural statistics and a good bibliography.

The book is helpful to students and researchers who works on agriculture.