Wage determination, therefore, becomes less and less a function of demand and supply and more and more a function of class power. If we take the regular demand-supply framework into consideration, we realise that the present pandemic not only causes a negative shock on the aggregate demand levels but also the aggregate supply levels
How COVID-19 is going to change the future of Free Trade
Published on :This pandemic has exposed the inherent weaknesses of state functioning and questioned the very structure on which modern economies have been thriving.