Economy Simplified

ADB aims to promote social and economic development in Asia and the Pacific. It is headquartered in Manila, Philippines.

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that aims to improve economic and social outcomes in Asia.

The Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments

IMF plays a central role in the management of balance of payments difficulties and international financial crises.

The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA).

Money supply, like money demand, is a stock variable. The total stock of money in circulation among the public at a particular point of time is called money supply.

Fiscal measure includes decreasing the overall Government expenditure and transfer payments.

Higher interest rates are quite effective in slowing down consumer spending and investment, leading to a lower rate of economic growth. And as economic growth slows down, so does inflation.

Monetary policy, Fiscal policies, Tools to control money supply, supply side policies and wage/price controls.

Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc.