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Monthly Archives: September 2024

Home 2024 September

Banking Turmoil in a Declining Europe

  • September 30, 2024
  • C. P. Chandrasekhar
  • Finance, World Economy
  • 0 Comments

Europe is clearly battling to stall its decline in the global economy. Most recently, the Mario Draghi report on “The future of European competitiveness” commissioned by the European Union reflected that sentiment. At the centre of Europe’s economic decline is…

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West Africa’s Resistance against Imperialism

  • September 30, 2024
  • Prabhat Patnaik
  • Macroeconomics, World Economy
  • 0 Comments

West Africa, which had been largely under French colonial rule, never saw decolonisation of the sort that India did. For a start, the erstwhile French colonies’ currency continued to be linked to the French franc at a fixed exchange rate,…

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Africa-China Economic Relations: The next phase

  • September 17, 2024
  • Jayati Ghosh and C. P. Chandrasekhar
  • Macroeconomics, World Economy
  • 0 Comments

The recent meeting of the Forum on China-Africa Cooperation (FOCAC) held in Beijing in the first week of September was an important indicator of a new phase in Africa-China economic relations. These reflect both the changing internal dynamics in China…

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The Bizarre State of Western Democracy

  • September 9, 2024
  • Prabhat Patnaik
  • Political Economy, World Economy
  • 0 Comments

During the entire post-war period when it has been in existence in the metropolitan countries, democracy has never been in as bizarre a state as it is today. Democracy is supposed to mean the pursuit of policies that are in…

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The Chinese Threat in Critical Minerals

  • September 4, 2024
  • C. P. Chandrasekhar and Jayati Ghosh
  • Economy and Society, World Economy
  • 0 Comments

It is more than a year since China, reportedly in retaliation to US-driven restrictions on exports of advanced semiconductors and related manufacturing equipment, imposed export controls on two crucial materials—germanium and gallium—that enter into the production of semiconductors and military…

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The Criminality of Unilateral Sanctions

  • September 2, 2024
  • Prabhat Patnaik
  • Political Economy, World Economy
  • 0 Comments

During Modi’s visit to Ukraine (why he visited Ukraine at all at the present time remains a mystery), Zelensky asked India not to purchase fuel from Russia in violation of western sanctions, that is, to fall in line with the…

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The Ecommerce U-turn

  • September 1, 2024
  • C. P. Chandrasekhar
  • Industry, Political Economy
  • 0 Comments

Recently Congress President Mallikarjun Kharge quipped that the ‘U’ in UPS (Unified Pension Scheme) stands for U-Turn. While that may be seen as stretching interpretative liberty, he was touching a raw nerve. Whether it be lateral entry into the civil…

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