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Yearly Archives: 2026

Home 2026

Global South will pay for Trump and Netanyahu’s war

  • March 7, 2026
  • C. P. Chandrasekhar
  • Development Economics, Economy and Society
  • 0 Comments

As February ended, a stunned world tracked with disbelief the unwarranted war on Iran declared by the US under President Donald Trump and Israel under Prime Minister Benjamin Netanyahu. Aimed at ensuring externally engineered regime change justified on grounds that…

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India’s Trade Deals: Giving more, Getting less

  • February 13, 2026
  • C. P. Chandrasekhar
  • Macroeconomics, Trade and balance of payments
  • 0 Comments

Within a fortnight after announcing a trade deal with the EU, the Indian government announced its entry into a “framework agreement” on trade with the US—a precursor to an “interim agreement” and a subsequent full-fledged bilateral trade agreement. Both “trade…

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Will Democracy Govern Capitalism – or be consumed by it?

  • February 7, 2026
  • Jayati Ghosh and Joseph E. Stiglitz
  • Political Economy, World Economy
  • 0 Comments

Following aggressive lobbying by the Trump administration, more than 145 countries agreed to give big US multinationals a free pass under the global corporate minimum tax rules that were agreed in 2021. But if democracy is to prevail over oligarchy,…

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The EU-India FTA is a net loss for India’s Future

  • February 6, 2026
  • C. P. Chandrasekhar
  • Macroeconomics, Trade and balance of payments
  • 0 Comments

Leaders of both parties to the recently finalised Free Trade Agreement between the European Union and India have hailed the deal as historic, with the European Commission President Ursula von der Leyen even hyping it as the “mother of all…

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What’s Really Going on in the Indian Economy?

  • February 5, 2026
  • C. P. Chandrasekhar and Jayati Ghosh
  • Development Economics, Economy and Society
  • 0 Comments

It is probably only to be expected that the official account, in the Finance Ministry’s justreleased Economic Survey 2025-26, would be generally upbeat about the Indian economy and the current policy direction of the Modi government. We have also come…

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China’s Trade Relations Need Reform

  • January 21, 2026
  • C. P. Chandrasekhar and Jayati Ghosh
  • Trade and balance of payments, World Economy
  • 0 Comments

Early in January, preliminary estimates of China’s trade surplus (from the General Administration of Customs of China) placed it at $1.7 trillion in 2025, as compared with $993 million in 2024. The sharp 20 per cent rise in the trade…

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A Gangster’s-Eye View of Global Power

  • January 15, 2026
  • Jayati Ghosh
  • Political Economy, World Economy
  • 0 Comments

At the heart of US President Donald Trump’s foreign policy is the belief that the world can be carved up among major powers, with the United States free to act with impunity in its “backyard.” In reality, this approach is…

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New on Macroscan
  • Global South will pay for Trump and Netanyahu’s war March 7, 2026
  • India’s Trade Deals: Giving more, Getting less February 13, 2026
  • Will Democracy Govern Capitalism – or be consumed by it? February 7, 2026
  • The EU-India FTA is a net loss for India’s Future February 6, 2026
  • What’s Really Going on in the Indian Economy? February 5, 2026
  • China’s Trade Relations Need Reform January 21, 2026
  • A Gangster’s-Eye View of Global Power January 15, 2026
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