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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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“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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“Beyond the Multiplier Mirage: How Misdirected Investments Squeeze Out Capital Formation and Growth”
The role of multiplier effect plays an important role in every contry. According to the keynsian multiplier effect when government made investment in productive resources or assets it results increase in incomr and employment not by the same amount but multiple of it depending on the size of the multiplier.For example, if the government is…
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Exploring the Effectiveness of Quantitative Easing in Controlling Inflation
In recent years, central banks around the world have turned to quantitative easing (QE) as a tool to stimulate economic growth and combat deflation. However, as inflation concerns mount, the effectiveness of QE in controlling inflationary pressures has come under increasing scrutiny. This article delves into the complex relationship between QE and inflation, exploring both…
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Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor 