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Economics
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Negative income tax

A system of taxation that has been almost universally accepted today in different countries of the world is the progressive income tax. When we say progressive it implies that the rate of taxation is higher...

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The unsensational budget

The first criterion an economist applies is, how appropriate a budget is to the macroeconomic situation. If it is inflationary, the budget must deflate, and vice versa. The current supply-demand balance is benign by Indian...

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Leaders in search of leadership

The World Economic Forum in Davos is a gathering of the global elite. This year’s meeting has shown very clearly just how much the leaders present were longing for leadership themselves, says DW’s Andreas Becker....

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Taking a broader view

Demonetization caused widespread distress, which the media covered profusely; they were full of emotional stories – stories of how common people suffered, and uncommon rulers reveled. It is only now that we have some basic...

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Singer, Prebisch, Lewis etc

After World War II, there was a surge of decolonization, beginning with India’s independence in 1947; Britain and France found someone to hand over power in colony after colony and left in a hurry. Some...

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A tough year for free trade

Donald Trump in the US and rising populist parties in Europe – 2016 wasn’t a good year for advocates of free trade. Recent studies have identified some key aspects of globalization that nativists fear most....

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Outshining a former colonial master: India’s economy to surpass Britain’s

India will soon overtake Britain to become world’s fifth largest economy, a “Forbes” magazine report has said. Economist Rajiv Biswas talks to DW about the impending milestone and the overall state of India’s economy. DW:...

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Italy moves to rescue its banks

Italy has moved to rescue banks teetering on the edge of insolvency – by agreeing to inject billions of euros on the public tab. A long period of economic stagnation has left banks holding a...

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Competing parochialisms

To someone who agrees with neither Jawaharlal Nehruvian students nor self-proclaimed nationalists, their views must sound parochial. The comparison may not be obvious, for parochial conventionally means limited to a small region. But it will...

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Opinion: India without cash – Modi has lost his bet

India wants to go digital and cash becomes outdated overnight. Prime minister Modi certainly wants to do the right thing. But with the demonetization move his calculation just doesn’t add up, writes Katja Keppner. Why...

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Impact of Demonetization

A week back government came with the sudden announcement that Rs 1000 and Rs 500 notes will cease to be legal tender. The government also provided various alternatives for the public to convert their defunct...

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Globalization, the new “Hangzhou consensus” and the Trump election

It is fashionable to mock the major world summits. It is also fashionable to blame globalization for all our ills. Lastly, it is fashionable to predict a China’s economic collapse. Actually, the last G20 meeting...