Subprime Crisis – Ten Years On.. Part I
The subprime crisis has caught the global attention again, today marking the collapse of Lehman Brothers, ten years ago. The crisis remains a classic case study for the enormity and…
US China Trade War – Understanding the Dynamics
The tariff hike on some of the Chinese goods by US government has shown that Mr Donald Trump is serious about what he talked about during his election campaign. Even though…
IMF World Economic Outlook April’17
The world economy is expected to witness a reasonable improvement in growth at 3.5% in 2017 against 3.1% in 2016 as per the IMF report released this week. More importantly,…
Understanding H-1B Visa Program..
The changes in the H-1B visa rules marks the culmination of last few months of intense action and debate on the issue. The issue has just got even more polarised this…
End of Globalisation..???
The swearing-in speech of Donald Trump and his initial decisions put a big question mark on the future of cooperation in the world economy. The talks on protecting US jobs,…
Economics Nobel Prize – Understanding 'Contract Theory'..
The award of Nobel Prize to Oliver Hart and Bengt Holmstrom for economic science brings to light the concept of ‘Contract Theory’, hardly heard so far, let alone be understood..!…
IMF World Economic Outlook, April’16. What is new…
The IMF projects a 0.2% downward revision for the world growth in 2016, which stands at 3.2% now. Almost all the major economies have witnessed a downward revision, except China for…