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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…
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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…
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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…
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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…
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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…
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“Four Pillars, One Ruler: The Crushing Grip of Power on Indian Democracy”
“Four Pillars, One Ruler: The Crushing Grip of Power on Indian Democracy” Four Pillars, One Grip: A Stark Portrait of Indian Democracy’s Erosion India, the world’s largest democracy, stands upon four pillars: a vibrant citizenry, a free press, an independent judiciary, and a robust system of checks and balances. These pillars, once heralded as testaments…
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How India’s Fintech Revolution is Transforming the Economy?
Introduction: From Cash to Cosmos — How India’s Fintech Revolution is Reshaping the Economy India, a land of vibrant hues and bustling bazaars, is witnessing a silent revolution — a revolution not waged with swords or slogans, but with smartphones and algorithms. This is the rise of India’s fintech, a wave of innovation that is redefining how the nation interacts…
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“How Corporate Money Buys Political Will and Shapes Wealth Distribution in India”
India, a vibrant democracy boasting economic progress, whispers a darker tale beneath its glittering facade. A tale etched in the lines of deepening inequality, where the gap between the opulent few and the struggling many widens with each passing day. But this chasm yawns open not by chance, but by design. At its heart lies…
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“Disguised Unemployment in Developing Economies: A Consequence of Fixed Proportion Production Function and a Asset for Developed Economies”
The Role of Fixed Proportion Production Function in Developing Economies and Cheap Labour: An Unexpected Asset for Developed Economies The distinction between developed and developing economies empirically suggests that while developed countries are mostly capital abundant (Physical and Human Capital) and labor scarce and on the other hand, developing and underdeveloped countries are labor abundant…
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Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor 