Global economic players’ dismal policy action
International Monetary Fund (IMF) recently released the July 2022 update of one of its flagship reports ‘World Economic Outlook’ (WEO). The title ‘Gloomy and more uncertain’ of the report for…
Economic impact of war in Ukraine
The world was already seeing a severe onslaught of commodity supply-driven inflationary pressures in the wake of the pandemic, and the war in Ukraine by Russia will likely to exacerbate…
Economic and political instability
‘“Only a crisis — actual or perceived — produces real change. When the crisis occurs, the actions that are taken depend on the ideas that are lying around.” Friedman, one…
Lessons from economic history: Policy drivers of food inflation
Overall inflation, compared to similar previous months of FY18, has been inching up from 5.1 percent in September 2018 to 9.4% in March 2019. For the ninth month period of…
Economic impact and relief package
The Coronavirus has already spread to 199 countries. The worst hit countries have been the EU countries, the US, China and Iran. The consequences are that normal economic activity, both…
Pricing the benefits of cheap oil in a world of economic lockdowns
The oil price collapse that took US crude prices sub-zero for the first time in history may turn out to be a silver lining for the world economy, possibly offering…
Managing the economics of a needed lockdown
The pandemic has badly hurt the country’s economy with real GDP growth rate, according to World Bank’s Global Economic Prospects report, is expected to be around negative 2.6 percent for…
Exports for economic growth
Trade and technological advancements provide the fundamental impetus for sustainable economic growth. Nations that are more open to international trade and more advanced in technology have proactively achieved high levels…
Time for ‘Great Reset’ of political and economic order
‘We are living in an era of multiple crises: Covid-19; a crisis of economic disappointment; a crisis of democratic legitimacy; a crisis of the global commons; a crisis of international…
Economic satire: episode — I
In a library with wall to wall shelves stacked with books, the four gentlemen sat on vintage wingback chairs around an antique wooden centre table, smoking expensive cigars (the Surgeon…
