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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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How much did the Israeli war really cost?
Read more: How much did the Israeli war really cost?Swetha Meenal argues about the various visible and hidden costs of the Israeli war through an effort to link the economic impacts of the war to every violation of a constitutional right. Thereby, she also exposes certain aspects that have been completely ignored by the western media… “Families are being wiped out in such massive numbers.…
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Make in India Vs. Made In India – A Layman’s Guide
Read more: Make in India Vs. Made In India – A Layman’s GuideIn this essay, Kalyani Jain outlines two different economic programs ‘Make in India’ and ‘Made in India’; one the government has and another the government might promote in order to deal with the stagnating economic situation in India. The essay analyzes their pros and cons and ends by giving a possible solution to the dilemma…
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Has Brazil followed India’s Political Economic path to Progress since 1950: A Comparative Study
Read more: Has Brazil followed India’s Political Economic path to Progress since 1950: A Comparative StudyInstitutions and Geography change slowly. Moderate changes in country specific circumstances produce discontinuous changes in economic performances. This is a comparative study of the economy of Brazil with India from the period 1947 uptil now. Since the economic model followed by Brazil has similarities with India and the opening up of the economies of both…
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State, Market and Institutions: Changing Roles and Relationships in Economic Development Since 1950
Read more: State, Market and Institutions: Changing Roles and Relationships in Economic Development Since 1950Mohan Kumar reviews the work of leading Development Economists to understand the role of the market and the state and how the evolution of the field of Development Economics has contributed to our understanding of these institutions. [Mohan Kumar is pursuing his Masters in Diplomacy, Law and Business from Jindal Global University, Haryana] The emergence…
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Myth of “Value Added” in Indian Industry: Has India Missed the Bus?
Read more: Myth of “Value Added” in Indian Industry: Has India Missed the Bus?Sourish Dutta is an MPhil Student of Applied Economics at Centre for Development Studies, JNU According to the ASI database, although the flow of “Net Income” is increasing impressively, the flow of intensity of net income (i.e. net income/output) is in decline mode. Through acute statistical analysis, throughout ASI data, it is noted that the…
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ECONOMY OF TURKMENISTAN: THE EVOLUTION
Read more: ECONOMY OF TURKMENISTAN: THE EVOLUTIONThis essay, written by Ansh Bharadwaj, is a country study of Turkmenistan. He gives a comprehensive narrative on Turkmenistan’s economic trajectory in the wake of the socialist regime that took over after the country became independent of foreign control. The essay also throws light on the reforms introduced in the country and the challenges ahead.…
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Libertarianism Vs. Socialism : Some Debates
Read more: Libertarianism Vs. Socialism : Some DebatesIn two essays, Ashit Srivastava looks at two aspects of the debate revolving around the two schools of thought, Libertarianism and Socialism: Right to Property and the Relevance of Laws in a state. Right to property The never ending quest of human beings of assimilating and creating things, has led to this question over and…
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“China’s One Belt One Road Initiative”: Analysis from an Indian Perspective
Read more: “China’s One Belt One Road Initiative”: Analysis from an Indian PerspectiveReproduced from Economic and Political Weekly Issue Vol. 50. Issue No. 49, Dec 5, 2015 with the authors’ permission. The authors Geethanjali Nataraj (geethanjali@orfonline.org) and Richa Sekhani (richa.sekhani@orfonline.org) are with the Observer Research Foundation, New Delhi. The One Belt One Road initiative is the centrepiece of China’s foreign policy and domestic economic strategy. It aims…
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Roses With Thorns: Necessity of “a visible hand” in India’s Peculiar Growth Story
Read more: Roses With Thorns: Necessity of “a visible hand” in India’s Peculiar Growth StoryFor nations that have emerged from a history of economic suppression, isolation, or recession, identifying a path to higher economic growth has been a topic of study for decades. Growth and development economics scholars have worked extensively to ascertain models that allow developing nations to design policies on pre-defined economic prescriptions, using some mathematical deductions.…
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Essays on Equality..
Read more: Essays on Equality..The Flawed Concept of “Equality before Law” Justice, a quintessential element of society, the absolve of which gives birth to oppression and anarchy, the mere dream of which has given birth to thousands of revolutions, a conception so powerful which transcends all barriers of class, society and religion. Ina country as diverse as India, it…
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India-Afghanistan: A Tie from the Past
Read more: India-Afghanistan: A Tie from the PastIn this essay, Srilaxmi Sriram explores India’s historical relationship with Afghanistan and underlines the future potential as well as possible obstacles which can serve as deterrents in smooth economic and political relations. Afghanistan, as a rich land with abundant resources, has been a crucial area since the Mughal rule in India. Since that period, Afghanistan…
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