The (COVID-19) bell is tolling As COVID-19 wreaks its havoc, the end of John Donne’s poem ‘No man is an island’ (cited in the previous edition of Economic Insights) seems unhappily ever more appropriate. Alas,...
While the true extent of the economic damage caused by the COVID-19 outbreak is yet to be determined, what’s certain is that the crisis will claim millions of jobs. But a handful of sectors may...
During the sixty-sixth session of the UN General Assembly, the then UN Secretary-General Ban Ki-Moon said – We need a new economic paradigm that recognizes the parity between the three pillars of sustainable development. Social,...
Sri Lanka followed suit after the Philippines became the first country to close down its stock market. The PSE may resume operations on Thursday. The Philippine Stock Exchange (PSE) on Tuesday suspended trading operations. It...
The debate on equality and inequality is as old as human civilization. It has further deepened into the intellectual discourse with the advent of knowledge and technology-driven economy. In the intellectual climate and deeply rooted...
In the third decades of the 21st century, the world is witnessing the biggest scathing attack of the virus in a decade on the survival of human beings. At the same time, it is also...
Britain’s new immigration system makes it clear that low-skilled workers are no longer welcome. The policy reveals deep-seated biases about the value of work, says Kate Ferguson. When Britain’s Home Secretary Priti Patel unveiled her...
How much of tourism is too much? The question baffles avid travelers, particularly to India’s hill destinations which were designed to accommodate a limited number of people. According to India Tourism Statistics, between 2000 and...
While it is impossible to predict when a panic will occur and how long it will last, I hope this week’s price movements have not come as a complete surprise to you. Some, however, are...
As Germany advances its plans for liquefied natural gas (LNG) terminals, critics slam the proposed infrastructure on grounds of climate pollution and fracking hypocrisy. When the European Parliament voted to back a slate of fossil...
Yesterday’s bloodletting in global equities has calmed, but investors remain on edge. Despite all the concerns that the markets were under-appreciating the implications of the new coronavirus, there is a sense that yesterday’s moves were...
There is not even an iota of doubt that family business (i.e., promoters) have always been the backbone of India’s economy (contributing over 70% of GDP) and will continue to do so, but challenges such...
