2021-03-12T14:28:21+05:30By UPSCTREE|Categories: Economy|
Is ‘flexible inflation targeting’ (FIT) ripe for a coup d’état that topples its almost three-decade grip on the ruling dispensations of central banks the world over? Pioneered by New Zealand as early as 1990, and soon emulated by Canada and the United Kingdom, FIT is now the de jure, or [...]
2021-03-12T05:26:34+05:30By UPSCTREE|Categories: Economy|
Have you ever wondered why cricket matches are getting shorter – from test matches to one-day matches to T20 and now T10? There are two possible reasons – either people can’t stand so much cricket, or it’s not cricket’s fault. Perhaps, people can’t stand anything for that long. [...]
2021-03-05T03:15:20+05:30By UPSCTREE|Categories: Economy, Editorials|
The United States Congress approved an emergency bailout package of $700 billion during that fateful week in September 2008. This was just days after the spectacular crash of Lehman Brothers. […]
2021-02-25T09:32:10+05:30By UPSCTREE|Categories: Economy|
Stephanie Kelton is one of the most influential advocates of Modern Monetary Theory, or MMT. The MMT challenge to mainstream thinking on how to manage an economy has grown in popularity in recent years. […]
2021-02-25T09:06:27+05:30By UPSCTREE|Categories: Economy|
It is not only India, governments across the world have started banning them. The cryptoprophets expected this, but they underestimated the power of the state. That the state is an actualization of an ethical idea might be a lie, but a successful myth. And old successful lies are hard to [...]
2021-02-25T08:40:46+05:30By UPSCTREE|Categories: Economy|
The great Austrian economist and political philosopher, Friedrich von Hayek, published The Road to Serfdom in 1944, arguing against socialism, planning and collectivism, and in favour of individual liberty, the market system and capitalism. […]
2021-02-25T08:19:33+05:30By UPSCTREE|Categories: Economy, History|
The Indian Fiscal Commission began its work in November 1921, and submitted its report the following year. Its chairman was Ibrahim Rahimtoolah, while John Maynard Keynes was vice- president. Keynes could not come over to India to make any meaningful contribution. […]
2021-02-23T12:20:35+05:30By UPSCTREE|Categories: Economy, Environment|
The best way to build resilience against future pandemics and the impact of climate change is to move to a circular economy. Doing so could address 45% of global greenhouse gas emissions and provide a $4.5 trillion economic opportunity. […]
2021-01-22T23:07:04+05:30By UPSCTREE|Categories: Economy, Editorials, Society|
In 2019, before the Covid-19 pandemic, female labour force participation in India and South Asia was 20.5% and 23.5%, respectively (ILO estimates, World Bank database). Comparable estimates for males were 76% and 77%, respectively. The Middle East and North Africa are the only regions with lower female participation than South [...]
2021-01-22T18:31:42+05:30By UPSCTREE|Categories: Economy, Editorials|
With less than two weeks to go for the Union budget, expectations about Big Bang announcements have risen. Not least because Finance Minister has herself talked about wanting to see a “post-pandemic budget never seen before in a hundred years.” It is not clear what she actually meant by that, [...]
