Global Economy
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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Why the GDP is the wrong yardstick to measure prosperity
January 16, 2020From 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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Singapore: The bellwether of Global health system?
January 5, 2020Singapore spends only 4% of its GDP on healthcare but sets-up world-class medical institutions spending 70 % less than Canada and 50% less than the United States. Innovative cost-saving features and health savings have conveyed the small island’s motto of good governance.
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Takeaways from the UN Emission Gap Report, 2019
December 8, 2019In the times to come, climate protection and adaptation investments will become a precondition for peace and stability, and will require unprecedented efforts to transform societies, economies, infrastructures and governance institutions.
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Demand and supply trends affecting the future of work
December 8, 2019Work, worker and workplace- these three terminologies are undergoing a massive transformation today, spurred by the three forces of change- technology, demography and customer empowerment.
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Decoding the Global Competitiveness Report, 2019
October 17, 2019Now while the debate can be the fact that the predicted slowdown is unlikely to manifest itself as huge as the Great Recession (2008-09), what needs to be understood now is Governments are left with fewer policy options today than they did back then in order to stimulate Aggregate Demand.
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Unpaid Care Economy – A long-ignored issue
October 10, 2019However, what recent data suggests is the non-compliance of Feminisation U-hypothesis, about the effects on the unpaid care economy. It happens when women with higher education in urban areas are withdrawing from the labour force, rather than devoting their time to their paid work.
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Why is global growth still fatigued?
August 18, 2019The 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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