Will IPRs restrict access to Covid Vaccine?

November 23, 2020

The IPR waiver would allow all countries to choose to neither grant nor enforce patents and other IPRs related to COVID-19 drugs, vaccines, diagnostics and other technologies for the duration of the pandemic until global herd immunity is achieved. This move harkens back 20 years to the HIV/AIDS epidemic, when affordable generic HIV drugs, made in countries where patents did not block production, began saving millions of people’s lives.

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The Evolving Interplay of Crime and Corona

June 24, 2020

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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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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Hurdles in the war against COVID-19

March 28, 2020

At the stroke of the midnight hour, when the world is grimly awoken with the stark realities of the COVID-19 pandemic, India’s 130 crore people will have made their tryst with a nationwide lockdown that will last for 21-days. How does India’s economic misconduct continue to afflict and fragment society?

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Understanding the Uber Business Model

February 27, 2020

Economists love Uber. Or at least, it’s imperative that they do because it’s the closest you can get to taking the pure economic theory of textbooks and summoning it to real life. Uber managed to create an open market, governed strictly by the forces of demand and supply.

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Why the GDP is the wrong yardstick to measure prosperity

January 16, 2020

From a GDP perspective, nuclear warheads do just as well as hospital beds or apple pie. -David Pilling, Author of the Growth Delusion

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Why is global growth still fatigued?

August 18, 2019

The International Monetary Fund has lowered its global economic growth forecast for the fourth time in nine months as the risks still remain to the ‘downside’. According to World Economic Outlook (WEO) Update July 2019, global growth for 2019 is projected at 3.2 per cent and picking up to 3.5 per cent in 2020.

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‘Auto’nomics- Implications of car sales on the Economy.

July 18, 2019

Fifteen years ago, the Audis and the Mercedes were reserved for the posh pockets of Kolkata, if at all they could be seen. Over the decade, the high-end cars have become a common sight. Nowadays, an Audi can be seen maneuvering the streets of an upper-middle to middle-class neighbourhood and nobody bats an eyelid! The […]

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Digital Content: The New King of Slaves

July 18, 2019

With the gargantuan rise in the online population of India to approximately 450 million, it is fair to joke that the Union Budget 2019-20 disappointed us by not offering any subsidies on subscription fees to these platforms.

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The Slowdown- The Biggest Challenge for the New Government?

May 17, 2019

The recent report by the Finance Ministry and a very ominous prediction by Dr. Rathin Roy (Member of the Prime Minister’s Economic Advisory Council) both point to a slowdown of the Indian economy. Demand is getting saturated including investments. Agricultural as well as industrial productivity are dismal, to put it politely. Dr. Roy in fact […]

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