It is obvious that the Covid-19 pandemic has had a deep, searing impact on the Indian economy, in terms of both total economic activity and livelihoods. It is true that the economy had been struggling for several years before then,…
The Indian economy is currently caught in a vicious spiral of inflation, stagnation, and a widening of the fiscal deficit. And this spiral is set to become even more vicious because inter alia of developments in the world economy. Even…
Historically, today’s developed countries are responsible for nearly 80 per cent of global cumulative carbon emissions over 1850 to 2011. The climate change impacts that the world is facing today are fundamentally a result of that over-exploitation by a small…
The near relentless bull run on India’s stock markets seems to be faltering, with signs of a descent from recent peaks. These signs of investor reticence are visible across emerging markets, with India being one of the better performers. While…
Global leaders, especially in the developed world, still fail to grasp the gravity of the climate challenge. Although they acknowledge its severity in their speeches, they mostly pursue short-term national interests, without clear and immediate commitments to act. Click here for…
The Covid-19 pandemic operated to expose various global inequalities in their stark form, but it has also further accentuated them at unprecedented scale and speed. The latest World Economic Outlook from the IMF, released in late October 2021, provides further…
The trade-and-technology war between the US and China effectively began in 2018. On July 6, 2018, US President Donald Trump unilaterally imposed a 25 per cent tariff on Chinese imports of around $34 billion, and further tariffs in 2018 and…
Capitalism is supposed to be all about economic growth, through the dynamism that is created by competition. This growth is meant to be driven by investment (or accumulation) which in turn is used to justify the shares of national income…
President Lopez Obrador of Mexico in his inaugural speech itself had called neo-liberalism a “disaster” and a “calamity”. The Leftist political party, MORENA, to which he belongs, had stated in its programme: “The global economic crisis has revealed the failure…
The perfect storm of Covid-19 and climate change delivers the glaring message that the apocalypse is now. The novel coronavirus mutates into more transmissible, drug-resistant variants, while climate catastrophe plays out in real time. Click here for full article. (This article…
