CONTENTS Preface ix List of Contributors xiii 1. An Enq u iry into the Theories of the Great Depression 1929 and the Great Recession 20081 P. Arunachalam 2. Global Meltdown: Causes, Consequences and Cures 30 A. Ranga Reddy 3. Impact of Global Economic Recession 2008 With Reference to Foreign Banks in India 39 Anli Suresh 4. Attrition and Turnover-A HRM Challenge 51 R, Navaneetha Krishan, J. Dinesh Kumar 5. The Role of Fair Value Measurement in the Recent Financial Crunch 62 David Prochazka 6. Global Economic Slowdown: Impact & New Trends in HRM 96 Shiny Kurian 7. Contribution of Employee Engagement Activities for Employee Retention: Challenges for HR 108 Balamurugan, A. John Charli 8. Global Recession-Its Impact on India Special Reference to Poverty and Unemployment 114 F. Maria Albert, J. Sacratees 9. Financial Crisis in Developed and Developing Countries 120 G. Paramasivan, J. Sacratees 10. Global Economic Recession and Its Impact on India 126 J.M. Ami Kamaraj, J. Arul Suresh 11. Global Recession and Its Impact 139 P.V. Lal Wilson 12. Global Financial Bubble: What is Waiting for India's Financial Sector? 147 R. Balasubramaniyan 13. Global Financial Crisis Its Impact on Indian Finances 165 B. Lilly Grace Eunice, G. Purushotham 14. Global Economic Recession and Its Blow on Developing Countries Neelamagam, 177 P. Arunachalam 15. Recession and Its Impact on Indian Economy 196 M. Ubaidullah, A. Kusuma 16. Application of Six Sigma in Project Organizations 207 G. Shanmugaraman,N. Manoharan, B. Venkataraman 17. Financial Crisis on Indian Economy A Positive Outlook 212 D. Kathiravan 18. Impact of Global Economic Recession 2008 216 S. Mahalingam, S. Kannan 19. Impact of Global Economic Recession in India's Growth and Employment Level 240 B. Gangabai, D. Kumar 20. A Study on Consumer Satisfaction Towards Pristine Rop Water 250 Purifier of Ion Exchange India Limited (With Reference to Chennai District, Tamilnadu, India) V. Neelamagam 21. Issues and Impacts of Global Economic 271 Crisis in India T.C. Shanthi 22. Expanding Opportunity, Widening Inequality and Worsening Income Distribution Under Economic (Market) 290 G localization T. Lakshmanasamy 23. Pharma Sector-The Path Ahead 319 Divyaa Raman 24. FII and Capital Market Development in India : A Study after Liberalization 329 Shailendra Kumar, Narendra Singh Bohra 25. Global Financial Crisis and Its Impact on the 'Marginalised' Indians 344 Shubhro Michael Gomes 26. Impact of Recession Economy and the Economic Reforms of 1991 353 O.M. Haja Mohideen, M. Perumal, J. Mohan Raj 27. The Great Recession of 2008 in US : Impact on India and Other Countries 360 Kalpana C Satija, MD Umar Faruque 28. India-ASEAN FT A: Potential Gains and Apprehensions from Indian Perspective 381 V.K. Shobhana, D. Kamalaveni 29. Globalization and Crime 400 Lalhmingchhuani 30. Impact of Global Economic Recession 2008 415 Pavani A, Prabhakara Rao G, Gadge M S, Rupesh P 31. Recess ion-Winning in Turbulent Times 426 N. Seethalakshmy 32. Globalisation of Education in Indian Scenario 432 D. Tamilarasu 33. Impact of the Global Economic Crisis on Migrants and Migration 462 K.Vanitha, D. Kumar 34. Impact of Global Economic Recession 2008 475 Abel Louis. R, Raghul. R. Das 35. From U.S. Sub-prime to Global Meltdown 482 A. Prasad, Ch. Panduranga Reddy 36. Impact of Global Economic Recession 2008 496 S. Vasantha, Palanivelu. S 37. Globalisation of Human Resource Development : A Parad igm Shift from National Human Capital to Global 517 HRD Mathew Emmanuel 38. Explaining the Mutual Fund Industry Around the World 522 M. Daniel Rajkumar, S.S. Rau 39. Global Financial Crisis 2007: Cause and Impacts 531 Vinodh K. Natarajan, J Cyril Kanmony 40. Global Economic Recession-A Review 548 D. Kumar 41. Global Economic Recession-An Analysis 552 T. Sudakar, D. Kumar 42. The Global Economic Crisis and Its Impact : Evidence from South Asia and India 555 P. Muthaiyan, A. Abdul Raheem 43. Corporate Social Responsibility in a Changing Business Scenario 573 R. Alamelu Mangai 44. Financial Market Investments during the Period of Global Recession- An Analysis 588 S. Harikumar, T.G. Saji, Mohammed Kasim 45. Financial Cost and Other Regulatory Predicaments Affecting Housing Finance 593 Companies in India in the Emerging Scenario: Some Remedial Strategies P.K. Manoj 46. Does the Global Financial Crisis Affect India? 609 Thaarcis Albin 47. Global Recession and Its Impact on Indian Economy623 K. Malarvizhi 48. Strategic HRM and Global Recession 629 R. Alamelu Mangai 49. Changing Business Scenario and the Strategic Importance of Corporate Governance 640 R. Alamelu Mangai