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Illegal uses of Cryptocurrency
Read more: Illegal uses of CryptocurrencyThis is the second part of the article: Introduction and Regulation of Cryptocurrency”, authored by Mitali Arora, focuses on how cryptocurrency is misused for various illegal activities and suggests the need of a regulatory framework that would make cryptocurrencies a trustworthy medium of exchange.
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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 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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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…
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The Mirage of Inclusive Growth
Read more: The Mirage of Inclusive GrowthIn this article, Deepanshu Mohan speaks of the need to unlearn the theoretical neo-liberalist idea of inclusive growth, to delve into a more pragmatic approach where growth and redistribution are hinged on to each other, and how government interference is imperative to purge growth inequalities that stemmed out from the pro-market policies.
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Two Years Since Make in India
Read more: Two Years Since Make in IndiaIn this article, Ashwath Komath revisits the arguments for the Make in India programme, nearly two years since its conception, to assess whether it is truly needed and beneficial in the Indian development context. As the Modi government turns two on May 26th, we should take a look at his past initiatives, one of the…
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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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Devolution Of Funds To Local Govts – Budget 2016 Reflects A Shift In Policy Thinking
Read more: Devolution Of Funds To Local Govts – Budget 2016 Reflects A Shift In Policy ThinkingBy Sahil Aggarwal “A sum of ₹ 2.87 lakh crore will be given as Grant-in-Aid to Gram Panchayats and Municipalities as per the recommendations of the 14th Finance Commission. This is a quantum jump of 228% compared to the previous five-year period. The funds now allocated, translate to an average assistance of over ₹ 80…
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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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Will India’s Economy live up to Expectations?
Read more: Will India’s Economy live up to Expectations?Unlike other emerging economies, strong investor sentiment and the meltdown in crude oil prices bolstered India’s growth in the last financial year. Though the projected growth rate for 2016 shows a slight decline of 0.1 per cent, the World Bank predicts that India will grow by a robust 7.8 per cent this year and by…
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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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