ONE of the most intriguing questions at present is why Europe’s political leadership has become complicit in what appear to be US efforts at undermining European economies. The well-known American investigative journalist Seymour Hersh, having already provided evidence that...
The global economic growth forecast indicates a decrease from around 3.5 percent in 2022 to 3.0 percent for both 2023 and 2024, according to IMF. Although the 2023 projection is slightly improved compared to earlier predictions, it remains weak....
Reserve Bank of India (RBI) says that the global economy is currently grappling with formidable challenges, including elevated inflation, substantial debt burdens, volatile financial conditions, ongoing geopolitical tensions, instances of fragmentation, and severe weather occurrences. In its latest Bulletin,...
After two consecutive quarterly declines, global trade in goods and services rebounded in January-March 2023. However, the outlook for the rest of the year is grim. The latest Global Trade Update from UNCTAD reveals positive trade growth for goods...
As India’s population of 1.4 billion people becomes the world’s largest, its GDP is forecast to expand dramatically. Goldman Sachs Research projects India will have the world’s second-largest economy by 2075.
For India, a key to realizing the potential of...
MANY economists have been advocating a universal basic income for India, an idea that was mooted even in the official Economic Survey for 2016-17. Of course the practical proposals towards this end have varied, some suggesting a common universal...
THE eighteenth and nineteenth centuries had witnessed the emergence of two different paradigms of colonialism: the first, of which India was the classic example, involved the conquest of countries which had had a history of established central administrations that...
By John P. Ruehl
Established Western economic institutions are facing a formidable challenge from Chinese newcomers, each side offering distinct and competitive lending strategies with far-reaching consequences for global infrastructure and development.
In October 2023, amid celebrations commemorating the 10th anniversary...
THERE has been a significant diffusion of production occurring in the world economy. Many call this phenomenon a shift from a US-led world economy to a “multipolar world economy”, but no matter what one thinks of this description, the...
NEO-LIBERALISM propagates a set of outright falsehoods to present itself in a favourable light compared to the preceding dirigiste regime in India. The basic theme is to suggest that under neo-liberalism there has been such an acceleration of the...
