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The Budget After Demonetisation: How to Better Plan Government Expenditure
Read more: The Budget After Demonetisation: How to Better Plan Government ExpenditureThrough this series (read part 1 here), Deepanshu Mohan argues that the government has the opportunity to correct its misguided approach to spending and focus more on the social progress side of development, in the 2017 budget. “Government spending is taxation. When you look at this, I have never heard of a poor person spending…
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The Budget After Demonetisation: Will the Government Reform India’s Tax Structure?
Read more: The Budget After Demonetisation: Will the Government Reform India’s Tax Structure?Demonetisation was meant to widen India’s tax base and increase our abysmally low tax-GDP ratio. The government could further this aim in more concrete ways through the Budget. In this article, Deepanshu Mohan talks about the possible budget scenarios after demonetisation. “Little else is required to carry a state to the highest degree of opulence…but…
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The Problem With Plain-Packaging Laws
Read more: The Problem With Plain-Packaging LawsAs countries around the world choose health over commercial interests, legal rights of giant corporate bodies are under grotesque violation. Swetha Meenal argues about the possible economic repercussions of the move in India, following the possible violation of Intellectual Property rights and the losses that ensue. On July 8, 2016 the six year legal battle against the government of Uruguay,…
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Reaganomics as Trumped up Trickle down?
Read more: Reaganomics as Trumped up Trickle down?Do you think Trump’s reimplementation of a slightly tweaked Reagonomics policy would work for America, given the vast differences in the economy during Reagan’s era and now? In the presidential race of United States, Donald J. Trump had a victory which has been summoning back the façade of former Republican President Ronald Reagan. Right from…
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THEY READ. THEY HEARD. THEY ROSE. (Mass Media and Nationalism)
Read more: THEY READ. THEY HEARD. THEY ROSE. (Mass Media and Nationalism)Mass media possesses the ability to not only shape public discourse but also determine the nature and direction of such discussions. This, however, is subject to contextual factors which give rise to an ‘audience’ and upon which the effect of the message is gauged. In this article, Atharva argues that the ability of mass media to…
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Rajan’s craftsmanship
Read more: Rajan’s craftsmanshipThrough this article, Deepanshu Mohan expresses his concerns about the unsatisfactory approaches adopted by most educational institutions towards learning Economics, and lists out the factors that set Raghuram Rajan apart, as a brilliant craftsman of discipline of economics. In the book Saving Capitalism from the Capitalists*, written in 2004, Raghuram Rajan and Luigi Zingales argued…
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India’s Alternative Approach Towards African Market.
Read more: India’s Alternative Approach Towards African Market.In this article, Atharva argues that despite the availability of abundance of mineral reserves in Africa, the country depends on foreign economic actors and investments owing to the lack of a sustainable manufacturing sector. This makes Africa prone to exploitation, by countries that look for an external source to uplift their consumer markets. However, the…
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The Commodity Price Shock in Venezuela
Read more: The Commodity Price Shock in VenezuelaThe state of Venezuela currently finds itself in a beleaguered state. The downturn in global commodity prices, particularly oil (Venezuela’s chief export), has hit the Venezuelan economy hard. In this article, Achyut Mishra attempts to analyse the relationship between a Commodity Price Shock (henceforth CPS) and various macroeconomic indicators of Venezuelan economy.
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Aid as the Catalyst for Reduced Trust in Governmental Institutions
Read more: Aid as the Catalyst for Reduced Trust in Governmental InstitutionsA recent article on the Economist magazine makes a very direct (if rather obvious, on the second thought) argument that diagnoses why underdeveloped states do not attract resources for development. Specifically, in underdeveloped states, there is complete lack of popular confidence on proper functioning of bureaucracies, enforcement of laws, and legal acknowledgement of written agreements as stipulated in their…
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Asia’s Cauldron – The South China Sea and the End of Stable Pacific by Robert D. Kaplan
Read more: Asia’s Cauldron – The South China Sea and the End of Stable Pacific by Robert D. KaplanRobert D. Kaplan is an American journalist whose articles about U.S. and Chinese power have spurred debates in the media, academia and high levels of governments. Most of his works talk about the re-emergence of tensions, maybe they be historic or cultural, that were suspended temporarily during the Cold War. In his book, “Asia’s Cauldron”,…
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Liquidity Crunch and its Implications on Argentina
Read more: Liquidity Crunch and its Implications on ArgentinaThe macroeconomic history of Argentina has always been a tumultuous one. The country has defaulted on its external and internal debts many times, has experienced a couple of episodes of hyperinflation, and has also faced several banking crises. These events can be explained by a plethora of endogenous and exogenous factors. These factors though, it…

