2018: An year of trade war or capitalist crisis

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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 […]

UBI

Poverty can become a thing of past in India

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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 […]

IL&FS Conundrum – Triggering the panic button in the Indian Economy?

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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 […]