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

  • Is Hyperglobalization the New Enemy of Equal Economic Progress?

    Is Hyperglobalization the New Enemy of Equal Economic Progress? The past few decades have witnessed an unprecedented level of interconnectedness between nations, driven by advancements in technology, communication, and trade. This phenomenon, often termed hyperglobalization, has brought undeniable benefits, facilitating the exchange of goods, ideas, and cultures on a global scale. However, concerns have emerged…

    Pratik Salvi

  • India’s Multi Billion Dollar Industry: Ayurveda — Wellness or a Challenge for Public  Healthcare System in India?

    In the heart of Indian tradition lies Ayurveda, the “science of life.” This ancient medical system, with roots stretching back thousands of years, emphasizes a holistic approach to well-being. Ayurveda focuses on maintaining balance between mind, body, and spirit through personalized diet, herbal remedies, and lifestyle practices. Let’s understand this time-tested system and explore its…

    Pratik Salvi

  • 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
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