Edition – 2025 – 26

The economic performance will pick up modestly in both advanced economies and emerging markets. The advanced economies, benefiting from a half-decade of painful private-sector deleveraging, a smaller fiscal drag (with the exception of Japan), and maintenance of accommodative monetary policies, will grow at an annual pace closer to 1.9%. Moreover, so-called tail risks (low-probability, high-impact shocks) will be less salient in 2024. The threat, for example, of a euro zone implosion, another government shutdown or debt-ceiling fight in the US, a hard landing in China, or a war between Israel and Iran over nuclear proliferation, will be far more subdued. Still, most advanced economies (the US, the euro zone, Japan, the UK, Australia, and Canada) will barely reach potential growth, or will remain below it. High budget deficits and public-debt burdens will force governments to continue painful fiscal adjustment. And an abundance of policy and regulatory uncertainties will keep private investment spending in check.

The outlook for 2024 is dampened by longer term constraints as well. Indeed, there is a looming risk of secular stagnation in many advanced economies, due to adverse effect on productivity growth of years of underinvestment in human and physical capital U sure you’re not bitten by the E-bug? If your answer is ‘yes’ Ur one among a few. The matter of fact is almost everybody else is. Irrespective of the age, caste, religion, family background, educational qualifications or financial status each individual likes to be at his or her own. One likes to work for oneself. ‘Start-up’ is the name of the game.

This book is meant for U. Without wasting any time flip through the pages and get acquainted with the basic glossary. By this time we bet you will get glued down to this moderate attempt of ours to take you along the path of Entrepreneurship. Embedded animal spirits within you will sprout out. With fire in your belly you will be out to seek the roadmap, so that you have not to waste your time and energy. We promise you this.
We have collated the information from various authentic sources and have provided up-to-date rules and regulations of interest to a prospective entrepreneur. The book can also be recommended as a text book on entrepreneurship at various business schools, colleges and universities.