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“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…
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“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…
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“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,…
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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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The Shifting Tides of Progress: Navigating the Currents of Static and Dynamic Economic Forces to Economic Growth and Development
Economic growth, like a vessel traversing a dynamic sea, is propelled by a complex interplay of forces. Some, akin to steadfast currents, provide stability and structure — established institutions, regulations, and infrastructure. Others, like capricious winds, bring change and disruption — technological advancements, shifting demographics, and global uncertainties. This article embarks on a precise exploration…
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The Future of Earth : One Thousands Years To Modern Industrilization and Globalisation
The Earth is constantly changing, and it is impossible to say for certain what it will look like 1000 years from now. However, scientists can make some educated guesses based on the current state of the planet and the trends that are already underway. One of the most significant challenges facing the Earth in the…
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Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor 