One to Three Child Policy: An Account of Retrospective and Anticipated Losses

Chinese Communist Party’s recent move to introduce Three Child Policy aligns with its worry about future national demography. Will introducing the policy cover up the hazards of the previous One Child Policy? Will raising three children resolve the problem of ageing and meet the equilibrium in the labour market? How will this policy affect the Chinese population across different age bars and genders? Let’s see.

Tamil Nadu Elections: The Period between the 1980s and early 2000s

Dravidianism has been at the helm of Tamil Nadu state politics since the 1940s. It capitalizes on promising development to its masses, and relative to the other states in India, it has largely been economically successful. However, one needs to inquire what happened when the economy liberalized in the 1990s and more importantly, whether or not the Dravidian ideology stayed true to its core tenets. This question becomes important because the two parties, the DMK and ADMK consecutively allied with the BJP in the early 1990s. Two parties that rejected and continue to reject everything that the BJP stands for, what explains their coalitional alliance? More importantly, how did that affect the economic policies that the two parties instituted? This article attempts to analyze these important questions.

Bimonthly MPC meeting review

This article talks about the bi-monthly MPC(Monetary policy committee) meeting which concluded on the 4th of June. In the article, I analyze the importance of policy rates on the economy and the effects of keeping them constant in the Covid stricken economy. Further, this article also discusses the implication for the economy’s future.

The Land of Missed Opportunities: Dissecting Consumption Choices of the Rural Poor

While interviewing Oucha Mbarbk, a man in a remote village in Morocco, the authors of Poor Economics asked him- without enough to eat, why do you have gadgets in the house? ‘But television is more important than food!’ was Oucha’s response. There is widespread evidence for such behavior being exhibited in typical poor households in India as well. We repeatedly find that poor people tend to invest in tastier foods & recreational goods, even before fully satisfying their caloric & energy needs. In this article, I attempt to explore the key factors that are driving this behavior. In doing so, I briefly explore the Scarcity Theory & the Relative Deprivation Hypothesis. At the end, I put forth an information asymmetry perspective to the problem of nutrition in rural India.

Cryptocurrency ‘with Chinese characteristics’: What China’s rapid adoption of blockchain means for the world

Today, blockchain technology is ubiquitous in China. The country’s rapid research initiatives towards the adoption of the nascent technology has put it in a favorable position to amass much more power on the international stage and upend the current global order. This article argues that a ‘strategic’ pattern of regulation of cryptocurrencies such as bitcoin has allowed the Chinese state to assume a position of dominance in blockchain technology. It specifically examines China’s intentions to use its domestic blockchain to promote its own digital currency, the Digital Yuan, and the impact it would have on the current world order.

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