centreforneweconomicstudies

Alice in Wonderland Just Made It To An Economics Textbook?

With their whimsical descriptions and seemingly perfect endings, fairy tales made for the choicest time of the day during my childhood; only to later be discouraged from such readings, dismissed as mere escapism. My persistent pleas to my grandmother for more books from the community library met with the same fate, every time, she averred,…
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India’s Resilience in Pharmaceuticals and Heavy Machinery Manufacturing

India’s manufacturing policies, such as the National Manufacturing Policy and the Production Linked Incentive (PLI) Scheme, have had a favourable impact on the rates of export and import growth. The implementation of the PLI scheme in 2020 resulted in a notable expansion of export growth within various sectors, including chemical derivatives, medical equipment, and heavy…
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The Indian Saga Around The Financial Instrument- “SECURITIES”

The securities market has seen transcendental growth and newer financial innovations have led to a greater influx of capital, including making foreign investment more accessible. The development of the securities market has necessarily had to be accompanied by various regulatory reforms, including changes in its definition and liberalization measures. However, while such foreign capital inflows…
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Market Microstructures- Delving Deep In The Processes of Markets!

Market Microstructures is a branch of financial economics which looks into how the market processes work. We know very little with regard to the intricacies involved even in the simplest or smallest of the transactions. This article is an attempt towards understanding this aspect of markets by throwing light upon the various details that go…
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Economic Implications of Coral Reef Decline

With an emphasis on their crucial biological roles, the effects of human activity, and climate change, this article examines the economic implications of coral reef collapse. The article discusses the benefits provided by coral reefs in the context of nature and human needs. It goes on to discuss the economic value of industries existing due…
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Common Democratic Principles: Strengthening US-Indian Relations

This article examines the significance of shared democratic principles in fortifying the relationship between the United States and India. Despite potential skepticism, these common democratic ideals serve as the foundation for a strategic and mutually beneficial alliance as the world will witness during Prime Minister Narendra Modi’s visit to the United States.
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Assessing the Authoritarian Regime in Russia

As the war in Ukraine rages on, the Russian regime under President Putin is criticised widely and has been called fascist often. While violating the sovereignty of a neighbouring state is absolutely wrong, it is important to understand what regimes can be referred to as fascist and which cannot. The word Fascist should not be…
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Navigating the Straits: India’s Taiwan Problem

A Chinese invasion of Taiwan is looking more and more possible with frequent reports of mishaps relating to Taiwan. In this article, I will seek to show what such an event would entail and what it means for India.
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Green Hydrogen: Clean Energy Transition

Hydrogen plays a key role for a necessary shift in today’s global market towards a sustainable future, decarbonizing the energy, industrial and transportation sectors and is expected to have a greater impact on the global energy mix. The goal of the 2050 energy outlook scenario is to achieve the 1.5degree Celsius limit, set forth in…
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Non-Refoulement as a Jus Cogens norm – The Case of Rohingya Refugees and Many others in the World

Although the principle of non-refoulement lies at the core of the international protection of refugees, there still remains disagreement over its legal standing. In this piece, the author examines whether it has attained the status of a Jus-Cogens norm through judicial interpretation. To prove this, this piece first examines its recognition as a customary norm…
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Economics of the Arts Market

This article discusses the unique economy of the Fine Arts Market where there are more deciding factors to the monetary value than just Demand and Supply such as the cultural significance, the reputation of the artist, its past and predicted monetary value etc. There is an emphasis on understanding the relatively small scale of this…
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What led to the Acquisition of Credit Suisse by UBS?

The essay explores the historical background of Credit Suisse, one of the biggest and oldest financial companies in Switzerland. Despite having a solid reputation, Credit Suisse has endured a string of controversies in recent years, notably the failure of Archegos Capital and Greensill Capital, in which the bank had a significant stake. As a result,…
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