Global Economy
Sri Lankan Crisis: Case Study in Populism & Fiscal Irresponsibility
April 10, 2022There is an inherent danger of economic mismanagement in populism, and the ongoing Sri Lankan crisis proves the argument. Gotayba Rajapaksa’s presidency is marked by successive disastrous economic policy decisions ranging from tax cuts, freebies, and anti-modern policies such as the ban on chemical fertilizers, so on and so forth.
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How India’s Wheat Exports Could Benefit from the War in Ukraine
March 27, 2022As much as it sounds like opportunism, a diligent intervention to shore up international food supplies is far from an opportunistic gambit from India’s perspective and, even farther away from war profiteering. The CMI benchmark for wheat prices has risen by >50% since the Russian invasion began with global wheat prices touching $14 a bushel (approximately 30 kg).
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Will IPRs restrict access to Covid Vaccine?
November 23, 2020The 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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What Can We Expect Post the Covid-19 Pandemic of 2020?
June 5, 2020it 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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How COVID-19 is going to change the future of Free Trade
May 22, 2020This 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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Is COVID19 last nail in the coffin of the Free Trade?
May 19, 2020The medium-term impact of the pandemic on international trade and the degree of efficacy of anti-free trade measures depends on the ability of the domestic producers and service providers to scale up operations
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THE PANDEMIC TURMOIL: GLOBAL IMPACT OF CORONAVIRUS
April 12, 2020The health turned economic crisis will have a pivotal economic fallout, affecting the demand and supply chain. According to the IMF, we have already entered a recession that will be worse than 2009.
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The Aid-Growth Nexus: The Role of Development Aid in the Economic Growth of Developing Economies
April 2, 2020One can think of development aid as a ‘get-rich-quick-scheme’ or the exogenous stimulus that can bolster growth. However, I believe that this exogenous stimulus is impacted by endogenous factors like the quality of governance, transparency and political stability.
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Confronting the Pandemic of COVID-19
March 24, 2020rom a shifting world order to a co-ordinated economic slowdown, the pandemic of Coronavirus Disease (or COVID-19) has gripped us in times of persisting glut of distrust. There is no one way to interpret the implications – both current and protracted from inaction today.
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Understanding the Uber Business Model
February 27, 2020Economists 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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