The Policy Monitor
The 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.
A prosperous society, that can support general affluence for EVERY citizen, is achievable because, fortunately, in the near term, we can begin to grow our way out of the lingering, if not swelling unemployment and underemployment by increasing our investment significantly as a ratio of Gross Domestic Product (GDP) resulting in double-digit growth, while simultaneously broadening private, individual ownership of future income-producing productive capital investments, thus initiating the process of empowering EVERY child, woman, and man to build, over time, a viable capital wealth estate and reap the income generated.
Fifteen years ago, the Audis and the Mercedes were reserved for the posh pockets of Kolkata, if at all they could be seen. Over the decade, the high-end cars have become a common sight. Nowadays, an Audi can be seen maneuvering the streets of an upper-middle to middle-class neighbourhood and […]
With the gargantuan rise in the online population of India to approximately 450 million, it is fair to joke that the Union Budget 2019-20 disappointed us by not offering any subsidies on subscription fees to these platforms.
Rural demography and its realities have been studied in India, from two broad lenses – the first one, which evaluates the economic parameters of the agrarian society and the others, being sociologists, who were keen to study inter-caste dynamics and family relations.
The 5th of July witnessed a Budget from an eclectic perspective demographically. Unambiguously, the ‘bahi-khata’ did garner praise from all over the country but the gold that seemed to be hidden under the glitters didn’t quite appease.
Contrary to the belief that industrialisation ubiquitously gives rise to wealth disparity, by allowing capital owners to keep accumulating excessive profits, in the last 25 years the world has seen a converging trend in equality. However the most populated countries, China and India, have seen a general rise in inequality.
Many researchers, in the past, have investigated the underlining relationship between
hierarchies and productivity in organizations. I am particularly interested in how hierarchies
play their part in Government set-ups and if at all it enhances or negatively affects
productivity.
The photograph clicked by the seasoned climber Nirmal Purja has dismayed the social media by showing the line of brightly dressed climbers on 28,000- foot Cornice Traverse, a knife-edge ridge. Earlier climbing Mount Everest was much less attempted but today at any given time we can witness many climbers reaching the summit when the weather is favourable
What causes Apple products to constantly push the price ceiling? Some people may be of the opinion that its greed. After all, like all business, Apple too is incentivized by higher profit margins. It has risen to the position of being one of the most valuable companies in the world.