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

  • The impact of Currency Fluctuations on Developing Countries International Trade  In international trade countries are interacting with bilateral and multilateral trade and it affects their domestic economies as well. Everyday we heard one common word ‘currency fluctuation’ or sometimes it is also known as the appreciation and depreciation of the currency. It affects both the…

    Pratik Salvi

  • “Education, Opportunity, and Demographics: Why Women’s Advancement is Key to Managing Population and Boosting Economies?” 

    “Education, Opportunity, and Demographics: Why Women’s Advancement is Key to Managing Population and Boosting Economies?”  The world is facing a complex demographic puzzle. While some nations grapple with aging populations and shrinking workforces, others witness rapid population growth. In both scenarios, the key to navigating these trends and fostering economic prosperity lies in a seemingly…

    Pratik Salvi

  • How Unified Payment Interface (UPI) is Transforming India’s Financial Landscape and Digital Public Infrastructure?

    How Unified Payment Interface (UPI) is Transforming India’s Financial Landscape and Digital Public Infrastructure? Credit availability plays an important role in economic system. As Fin-Tech industry is expanding at very fast rate not only in India but also world wide credit creation is important factor in every industrial framework. As 4G network expanded in India…

    Pratik Salvi

  • Monetarism vs. Keynesianism: Rethinking Discretionary Policy and Aggregate Demand Management in the Modern Era

    Monetarism vs. Keynesianism: Rethinking Discretionary Policy and Aggregate Demand Management in the Modern Era The economic landscape of the 21st century presents a complex challenge for policymakers. The Great Recession shattered some of the core tenets of traditional economic thought, prompting a reevaluation of how best to manage economic fluctuations. This article explains the ongoing debate…

    Pratik Salvi

  • Enhancing Fiscal Sustainability : Why India Needs Independent Fiscal Council? 

    Enhancing Fiscal Sustainability : Why India Needs Independent Fiscal Council?  Maintaining a healthy balance between government spending and revenue is crucial for long-term economic growth and stability. This concept, known as fiscal sustainability, is a pressing concern for India. The nation faces challenges like rising public debt, fluctuating revenue streams, and pressures for populist spending. To navigate…

    Pratik Salvi

  • The IS-LM Model as a Tool for Effective Policymaking : Fiscal and Monetary Policy

    The IS-LM Model as a Tool for Effective Policymaking : Fiscal and Monetary Policy The analysis of fiscal and monetray policy is important for macroeconomic stability especially price stability and sustailed economic growth. Fiscal and monetary policies differ with each other in the sense that generally fiscal policy refers to to the government’s distribution and taxation policy…

    Pratik Salvi

  • The Impact of Government Debt Financing on Inflation and Economic Stability

    The Impact of Government Debt Financing on Inflation and Economic Stability Every Government in the world has debt financing problems and its consequences will be on inflation and economic stability in the short-run as well as long-run. Governments all over the world heavily invested in fiscal projects, for example, buliding roads, transportation, public utility services…

    Pratik Salvi

  • How Developing Countries Can Overcome Structural Inflation?

    In the relentless pursuit of economic progress, developing countries navigate a complex landscape fraught with numerous hurdles. One particularly stubborn obstacle that plagues these nations is structural inflation. Unlike its transitory counterpart, structural inflation isn’t a blip on the radar caused by temporary fluctuations in demand. It’s a persistent beast, characterized by ingrained inefficiencies and…

    Pratik Salvi

  • How Rolls-Royce’s UltraFan Engine Revolutionizes Efficiency? 

    The aviation industry faces a pressing challenge: balancing the undeniable thrill and economic benefits of air travel with its environmental impact. Fuel consumption and emissions are major concerns, and innovation is crucial to ensure a sustainable future for flight. In this quest for progress, Rolls-Royce’s UltraFan engine emerges as a game-changer. This revolutionary technology isn’t…

    Pratik Salvi

  • Why holding interest rates low and inflationary imbalance can disadvantageous for Economic Growth and Development? 

    Why holding interest rates low and inflationary imbalance can disadvantageous for Economic Growth and Development?  The central bank of country plays an important role as it formulate the monetary policy of country. When we discussed about monetary policy of any country it depends on various factors — Central Banks targets ehich determine according to the market situation,…

    Pratik Salvi
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