This article examines the impact on the UK’s SMEs as a result of Brexit and whether the current economic policy framework is equipped to alleviate the adverse effects of Brexit.
Category: Economic Growth
Power Insecurity in India: Over-reliance on Coal and the Future of Green Energy
In May 2022, states across India issued panic warnings regarding low coal reserves, highlighting the problem of potential electricity blackouts. This article deals with the reasons for India’s current power insecurity.
New Labour Codes: Pro-business or Pro-labour?
This article examines how—and why—the new labour codes, which have the potential to change the labour market, are creating unrest among the workers with their pitfalls.
Can Game Theory Help Understand Human Behavior in Times of Crisis?
Human behaviour often follows a pattern – there is an event, then a reaction, and then further reactions, few of them original, many of them borrowed. It is usually the most negative events – like crises, that evoke the most powerful reactions from people, surely replicated by others in some form or other. But what if we had an existing framework that mapped out how predictably we react?
The Saudi Arabian Resource Curse: Cultivating Socio-Economic Ignorance on Overdependence?
This column elucidates the resource curse paradox by positioning the case study of Saudi Arabia at the center of the concept. It delineates the disadvantageous position of this resource-rich country during the period of shock and its recovery phase. Furthermore, it paints in words the implications of oil abundance on the imperfect correlation that exists between religion and women’s rights in Saudi Arabia.
Inefficient Fiscal Management, Extreme Populism and Increasing Dictatorial Powers: The Making of the Sri Lankan Economic Crisis
Given the problem of ‘twin deficit’– a budget shortfall as well as a current account deficit – it is natural to ponder how a country that consistently performed better than its neighbors in terms of various social indicators dug itself deep into this bottomless hole?
How Data Localization Will Boost India’s Economic Growth
This article tries to analyse the data localisation regime in India hitherto and the changes that are sought with the Personal Data Protection Bill with reference to the Joint Parliamentary Committee Report. It lays emphasis on how the data localisation is likely to boost the economic growth of India.
Budget 2022: Taxing of Cryptocurrency in India
In the budget speech, Finance minister Nirmala Sithraman announced a flat 30% tax rate on income generated from the transfer of digital assets. However, later she clarifies that this does not mean that these assets are legitimised, which was received with scepticism. This article first discusses how the legality of these assets is irrelevant to the government’s tax regime on them, and then moves on to discuss how we can interpret the government’s stance on digital assets through the lens of tax rates.
The Feminist Economics Critique to Neo-Classical Economics
All the societal norms, rules and frameworks have a bearing on the market as the market is not a black box existing outside the society but inside it. Gender, here, is a key stimulus in determining the economic outcomes for an individual.
What Happens To Employees When a Company Goes Bankrupt?
During bankruptcy, the employees are often seen as expendable. During the procedure, their savings and pensions are spent on survival (of the company). Can the Insolvency and Bankruptcy Code change that?
Insecurity Will Engulf China
Authoritarian regimes outbeat everyone at glossing over weaknesses and boasting off strengths. But policymakers in New Delhi must be heedful to discern the picture China projects from the realities it confronts. For all the impediments India is facing, those that China faces are greater and severe.
Urban Mobility Crisis: India Needs to Look Beyond Metro Rail Systems
In the second of a series of essays on urban mobility in India, Sudarshan and Mukundan systematically gauge the viability of responses by governments across the country to the current urban mobility crisis, focusing on the challenges faced by metro-rail systems in the country.
NICKELED AND DIMED 