The Policy Monitor
A crime has been committed. Place: Kolkata Time: 08:00 hrs. One November morning, you are about leave for school or work. You leave the house and start walking towards the main road. You notice something in the air- it is a little foggy, you wonder. The […]
To anyone vaguely in-touch with the social affairs currently, the words ‘dissent’, ‘protest’, ‘opposition’ and the likes would seem oddly familiar. Activism, it seems, has joined the ranks of hot topics like religion and politics that dominate tea-time discussions. As you glanced through the morning newspaper the other day, did […]
Historically, world trade has grown much faster than global production, thus facilitating the growth of the world economy. However, in the recent period, with the start of a skulking trade war by USA with its business rivals and allies, the growth of world trade has slowed to a level lower […]
Poverty is both the cause and consequence of deep rooted socio- economic problems. Eradicating poverty remains a global challenge and demands a comprehensive and collective approach that recognises the multi-faceted and multidimensional nature of the issue. The United Nations deemed that the first Sustainable Development Goal (SGD1) is to end […]
On the eve of the 10th anniversary of the slump of Lehman brothers that set off the 2008 global financial crisis, India’s leading infrastructure development and finance company, IL&FS defaulted on its payment obligations to its borrowers triggering a shock wave in the Indian markets. IL&FS – The Stakeholders IL&FS […]
Consider a market for second hand cars where the sellers are usually more informed about the quality of the car and its various features than the buyers. The car can either be a “lemon” (bad quality second-hand cars) or a “peach” (good quality second-hand cars) and assume that the buyer […]
“The boom, not the slump, is the right time for austerity.” – John Maynard Keynes Should fiscal policymakers try to reduce government debt? As with many of the debates surrounding Macroeconomics, there is no consensus among the different economists regarding this question. The proponents of reducing government debt argue that […]
As we are aware of, the United States and China have been locked in a trade war since the beginning of this year, with the first tariffs being imposed on solar panels to the tune of 30% by the United States, and China imposing 25% tariff on cars, airplanes, soybeans […]
The well-known idea of work as a customary 9 to 5 work with a solitary manager bears nearly nothing likeness to the manner in which a considerable offer of the workforce brings home the bacon. A great amount of independently employed, sector experts and brief labourers—and in addition people leasing […]
“The future of war, is not fighting, but famine, not the slaying of men, but the bankruptcy of nations and the break-up of the whole social organization”. – Ivan Bloch Russian Rail Tycoon Today wars are fought with bonds not bombs. War in 21st century will be fought in the field […]