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Yearly Archives: 2020

Home 2020

The Global Angle to the Farmer Protests

  • December 31, 2020
  • Utsa Patnaik
  • Development Economics
  • 0 Comments

The farmers’ movement for the repeal of the three farm laws which affect them closely but have been rammed through without consulting them, has now entered its second month. It is of historic significance. It is not just about minimum…

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India’s External Sector during the Pandemic

  • December 29, 2020
  • C. P. Chandrasekhar and Jayati Ghosh
  • Trade and balance of payments
  • 0 Comments

The complete absence of any meaningful fiscal response from the Indian government in the face of one of the biggest economic crises ever faced, cries out for explanation. One argument has been that the central government is concerned about its…

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Little value from Global Chains

  • December 28, 2020
  • C. P. Chandrasekhar
  • World Economy
  • 0 Comments

On December 12, in an outburst of suppressed anger, workers employed at a factory assembling iPhones in Narasapura near Bengaluru ransacked its premises and damaged parked vehicles. The facility is a unit of Wistron, a Taiwanese vendor engaged in assembly…

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Countering the Corporate-hindutva Narrative on the Nation

  • December 21, 2020
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

The kisan agitation has become more than simply a fight for MSP or against the corporatization of agriculture. Through its practice, it is recovering a narrative that is opposed to the hegemonic narrative promoted under neo-liberalism. And as the Modi…

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Misconceptions about the Food Economy

  • December 20, 2020
  • Prabhat Patnaik
  • Food and Agriculture
  • 0 Comments

The Indian intelligentsia has an incredible propensity to swallow the self-serving arguments of metropolitan capitalism that are typically supposed to constitute ‘economic wisdom’; and nowhere is this more evident than in the case of India’s food economy. There is a…

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How can the Indian Economy be rescued?

  • December 17, 2020
  • Jayati Ghosh
  • Development Economics
  • 0 Comments

A conversation with Economics Prof. Jayati Ghosh & Former Governor of RBI, Raghuram Rajan Plummeting GDP, squeeze on jobs - is there a way to rescue the Indian Economy? Will India be able to create a $ 5 trillion economy?…

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Bilateral Swaps in China’s Global Presence

  • December 15, 2020
  • C. P. Chandrasekhar and Jayati Ghosh
  • Trade and balance of payments
  • 0 Comments

Discussions of China’s growing global presence normally refer to its large investments overseas and lending by the state-owned China Development Bank and China sponsored multilateral institutions like the Asian Infrastructure Investment Bank and New Development Bank. But there has been…

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Firing a Warning Shot across Big Tech’s Bows

  • December 15, 2020
  • Jayati Ghosh
  • World Economy
  • 0 Comments

It was a long time coming, but the day of reckoning for the big digital companies may finally have arrived. Despite the growing monopoly power of big tech and their use of anti-competitive practices, earlier attempts to regulate them (such…

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RCEP and China: A deal that can make a difference

  • December 15, 2020
  • C. P. Chandrasekhar
  • Trade and balance of payments, World Economy
  • 0 Comments

A month after the signing of the Regional Comprehensive Economic Partnership (RCEP) agreement among 15 countries in the Asia-Pacific, speculation on what could be its economic and strategic fallout has waned. Attention seems to have been diverted by the more…

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Agriculture and the Free Market

  • December 14, 2020
  • Prabhat Patnaik
  • Food and Agriculture
  • 0 Comments

In the context of the on-going country-wide kisan movement for repealing Modi’s three Agriculture Bills, while an overwhelming majority of commentators have stood with the position taken by the kisans, a few, though not necessarily agreeing with Modi, have raised…

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