Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor

  • The NVIDIA’s Rise as a Semiconductor Industry Giant: A Story of Innovation, Influence, and Inspiration

    The emergence of AI based technologies enables to expand semiconductor industry. And among them, NVIDIA’s emrergence as a semiconductor industry tech giant has potential impacts and sometimes it is the best solution to remove China’s monopoly in the semiconductor industry. Moreover, NVIDIA’s rise enables other firms to innovate, inspire, and influence that how AI led…

    Pratik Salvi

  • Will China’s Property Sector Crises push the World Economy in Deflation?

    From last 2–3 decades China’s economic growth has been tremendous and thier position in the international trade is rising. China exported essential commodities such as rice, wheat, pulses to manufactured goods and raw materials to almost all the countries of the world. And due to this vast expansion China is in a position of trade…

    Pratik Salvi

  • Opportunity Costs: The crucial role in Economic decision making.

    In economic analysis the concept of opportunity cost has been widely used. In our daily lives, we are constantly faced with choices. From deciding what to eat for breakfast to choosing a career path, each decision entails a trade-off. However, economists go beyond the immediate costs and benefits of an option, introducing the concept of…

    Pratik Salvi

  • India’s Income and Wealth Gap : A Comparative Analysis of using the Berguson and Samuelson Social Welfare Function

    India from last several years achieving rapid economic growth and remarkable progress in certain economic variables such as infrastructure, education, health, foreign Trade, etc. If we look at the Asia continent then after China, India is in the position of global economic superpower due to its vast influence in trade, industry, IT and Space sector…

    Pratik Salvi

  • Policy Implications of Externalities and Coroporate Social Responsibility (CSR)for Achieving Sustainable Development Goals

    Policy Implications of Externalities and Coroporate Social Responsibility (CSR)for Achieving Sustainable Development Goals The relentless pursuit of economic prosperity often leaves unaddressed consequences, ripples in the fabric of our society and environment known as externalities. These hidden costs, whether pollution from factories or the erosion of social capital through unethical practices, cast a long shadow…

    Pratik Salvi

  • India’s Minimum Support Price (MSP) Mechanism : Striking a Balance Between Farmer Income, High Prices, and Sustainable Agriculture

    Developing countries are mostly agrarian economies that is the main occupation in these countries is agriculture along with manufacturing and service sector. However, empirical evidence suggests that developing countries such as India and many of the african countries farmers are low income and marginal income category farmers. And therefore the governments in these countries use…

    Pratik Salvi

  • Economic Development in India: Moving Beyond Economic Growth to Focus on Happiness and Socio-Economic Indicators

    In South Asia India emergeed as the new economic superpower due to its economic prgress and place in the international trade domain. If we analyses carefully then we will find that India is focusing on its infrastructure, space technology, finance and banking, service sector, etc. Which actually a positive sign for the Indian Economy to…

    Pratik Salvi

  • “Green Hydrogen Investments: A Pivotal Path to GHG Emission Reduction and Sustainable Development” In the face of escalating climate change challenges, the urgency to transition towards renewable and sustainable energy sources has never been more pronounced. With greenhouse gas (GHG) emissions continuing to soar to unprecedented levels, the imperative to decarbonize our energy systems has…

    Pratik Salvi

  • “The Potential Global Impact of Recessions in China, Japan, and Britain in 2024″

    As the year 2024 unfolds, economic concerns cast a long shadow. Three economic powerhouses — China, Japan, and Britain — face the specter of recession. Individually, each nation’s economic struggles warrant attention. But collectively, the potential for a synchronized downturn raises a critical question: what are the global implications of a triple recession in 2024? This…

    Pratik Salvi

  • “The Future of Money: How Cryptocurrency Impacts Finance and Development?”

    The concept of “Money” is evolutionary, and it is very dynamic in nature. However, money was not used in the early history of humans. Exchanges were few since each family at ancient times is self-sufficient. Whatever exchanges were taking place in the form of barter, that is, exchange of goods for the other goods. However,…

    Pratik Salvi
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