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Understanding Zombie Firms: Why Companies Keep Operating Despite Losses
The business world thrives on dynamism, with new ventures constantly emerging and established players adapting to stay relevant. Yet, beneath the surface of this churn lies a curious phenomenon: the zombie firm. Unlike their terrifying namesakes, these companies aren’t flesh-eating monstrosities, but rather businesses that persist in a state of perpetual decline. These seemingly functional entities…
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Celebrating HERstory : Women’s Day 2024 “Women’s Remarkable Achievements and important work of Savitribai Phule, Maulana Azad and Dr Babasaheb Ambedkar”
Every year on 8th March we celebrate International Women’s Day for the achievements of women in different sectors. Moreover we all spread awareness regarding women empowerment and gender equality as well. However there are certain personalities in every country or more particularly in world and their work is important for Women’s Empowerment and well being…
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The Dynamic Firm in a Static World: How Nicholas Kaldor’s Pathbreaking Work Explains the Rise of Monopolies and Oligopolies?
The Dynamic Firm in a Static World: How Nicholas Kaldor’s Pathbreaking Work Explains the Rise of Monopolies and Oligopolies? The analysis of market structure is important because it gives us true picture of how price and output is determined. Basically there are two types of market forms — Perfect Competition and Imperfect Competition. Where Perfect Competition is…
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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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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…
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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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Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor 