Economic Structures,Institutions and Finance
July 1, 2020
Any enforcement of mutual exchange becomes exploitative even within free markets if over-riding socio-economic inequalities are ignored and institutions are imposed from the top.
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straightforward economic reasoning suggests that unemployment is an important determinant of the supply of criminal offenders and hence, the overall crime rate.
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Romanticism has led to greater economic and political centralisation often sub-verting the liberal democratic model of governance. Therefore for the sake of our democracy and sustainable economic growth/development, Indian policy-makers and opinion-makers need to rethink their obsession with the GDP growth.
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Since its inception in 2018, SBSF Consultancy has been working with seed companies, FPOs, FPCs, Universities and other government and non-government agencies.
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This crisis has bared the picture of workers in the lowest rungs of our economy, who hold up crucial sectors and are all but missing when it comes to focused policies and dedicated social infrastructure. The central and state governments sure have announced migrant labourer registration measures and migration commissions to regulate hiring, recently.
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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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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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Doing away with the labour laws is no less than taking a U-turn from formal to informal employment.
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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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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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