Have Migration Models Failed Us?

June 6, 2020

In the presence of limited economic resources for public allocation, human rights should be a policy imperative for the organization of economic system itself

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What Can We Expect Post the Covid-19 Pandemic of 2020?

June 5, 2020

it is very important to understand that the true economic impacts of the lockdown and the pandemic will take time to unfold and reveal itself. But it’s certain that a decline in economic activity will contribute to the after-effects of the pandemic, and directly impact how our economy functions as a whole

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Flexibly Rigid Labour Laws

June 4, 2020

Doing away with the labour laws is no less than taking a U-turn from formal to informal employment.

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Breaking Down the Recent Labour Law Amendments from the Lens of Macroeconomics

May 28, 2020

Once the nationwide lockdown is eased, initial supply chain disruptions might impart cost push inflation while on the other hand, lack of demand (except for the essentials) due to lost income would force the aggregate price level to stay low.

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Breaking Down the Recent Labour Law Amendments from the Lens of Development Economics

May 28, 2020

More than 90% of India’s labour-force is employed in the informal sector, with limited social security benefits. This informalisation of labour-force does more harm than good and has serious repercussions on a nation’s growth patterns. Two basic policy interventions to improve existing labour conditions in developing countries are: a) increasing the rate of economic growth, […]

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Not so sincerely, Bharat ke bande

May 25, 2020

An analysis suggests that handing out ₹7000 per month for a period of 3-months combined with 10 KG of free food grains a month for 6-months will come to cost only 3% of our GDP! This would classify as “stimulus” as it revives demand, even though for basic goods and services from those whose propensity to save is minimal. Keynes suggested, during World War II, that the only way to fund the war expenses of the Allied forces was through a “forced transference of purchasing power”.

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COVID19 AND THE GREAT EDUCATION DIVIDE 2020

May 25, 2020

Reality bites when low government/low-income schools try to keep pace with online education despite inadequate access to the internet, mobile phone, and computers. They are already struggling to survive on basic food and shelter with learning as no longer a priority.

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Is Wage Determination really a function of Demand and Supply of Labour in Pandemic Economy?

May 22, 2020

Wage determination, therefore, becomes less and less a function of demand and supply and more and more a function of class power. If we take the regular demand-supply framework into consideration, we realise that the present pandemic not only causes a negative shock on the aggregate demand levels but also the aggregate supply levels

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How COVID-19 is going to change the future of Free Trade

May 22, 2020

This pandemic has exposed the inherent weaknesses of state functioning and questioned the very structure on which modern economies have been thriving.

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Are the coronavirus warriors losing their own personal battles?

May 20, 2020

The costs of attending work for everyone would be the possibility of becoming a vector of transmission of virus but if the societal benefits of certain employees exceed their costs, adjusted wage payments should be made accordingly

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