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“Beyond the Multiplier Mirage: How Misdirected Investments Squeeze Out Capital Formation and Growth”
The role of multiplier effect plays an important role in every contry. According to the keynsian multiplier effect when government made investment in productive resources or assets it results increase in incomr and employment not by the same amount but multiple of it depending on the size of the multiplier.For example, if the government is…
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The Shifting Tides of Progress: Navigating the Currents of Static and Dynamic Economic Forces to Economic Growth and Development
Economic growth, like a vessel traversing a dynamic sea, is propelled by a complex interplay of forces. Some, akin to steadfast currents, provide stability and structure — established institutions, regulations, and infrastructure. Others, like capricious winds, bring change and disruption — technological advancements, shifting demographics, and global uncertainties. This article embarks on a precise exploration…
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The Modern Prosperity Equation: When Public Health, Education, Happiness and Women’s Equality Add Up to the Economic Growth and Development
For generations, Gross Domestic Product (GDP) has reigned supreme as the sole yardstick of a nation’s success. Its ascent has been celebrated, worshipped even, as the inevitable path towards a bright future. But like a compass stuck on magnetic north, GDP has led us astray, failing to chart the true landscape of societal well-being. Its…
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“Lighting the Torch of Education: How Mahatma Jyotirao Phule and Savitribai Phule Illuminated India” (Emphasizes their educational contributions)
The role of Mahatma Jyotirao Phule and Savitribai Phule is very important in the Indian education sector. Every year on 3rd January we celebrate birth anniversary of the Savitribai Phule. She was Social Reformer, Educationist and first Women teacher in India. Along with her husband Mahatma Phule she opened first girl school in India in…
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Exploring the Effectiveness of Quantitative Easing in Controlling Inflation
In recent years, central banks around the world have turned to quantitative easing (QE) as a tool to stimulate economic growth and combat deflation. However, as inflation concerns mount, the effectiveness of QE in controlling inflationary pressures has come under increasing scrutiny. This article delves into the complex relationship between QE and inflation, exploring both…
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Is Artificial Intelligence (AI) threat to Humanity?
In today’s rapidly changing and expanding world new technologies plays an important role. Especially if we are talking about recent developments such as Artificial Intelligence models is playing important roles in our day to day life. There is no doubt that AI will help us and our productivity can be increased with the help specific…
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The Future of Earth : One Thousands Years To Modern Industrilization and Globalisation
The Earth is constantly changing, and it is impossible to say for certain what it will look like 1000 years from now. However, scientists can make some educated guesses based on the current state of the planet and the trends that are already underway. One of the most significant challenges facing the Earth in the…
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Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor 