Purchasing Power Parity (PPP) – An Overview

Purchasing Power Parity (PPP) is an important economic concept, requiring significant efforts to arrive at an authentic value. World Bank carries out an extensive exercise, called International Comparison Program (ICP), to get a fair value and understand where different economies are placed. As per the latest report released in May’20, covering economic performance for year … Continue reading Purchasing Power Parity (PPP) – An Overview
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Analyzing the Impact of Covid-19 on Global Debt – IMF Report

Covid-19 is not only leading to unprecedented loss of human lives, it is leading to a huge economic cost too. Governments are borrowing extraordinary amount of money to make up for the lost revenue and to provide support to individuals and corporate. As per an IMF report, the recourse would lead to sharp increase in … Continue reading Analyzing the Impact of Covid-19 on Global Debt – IMF Report
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Covid-19 and Global Economies – Analyzing March’20 Performance

Global economy faces the specter of entering into a recession with major  economies recording sharp decline during March’20. An economy is said to have entered into recession if its GDP declines for two consecutive quarters. Yet, Q1’20 was milder and countries must brace for even bigger shock in the current quarter. Here is a look at the details based on preliminary data for US, EU and China accounting for two-thirds of global GDP.   Continue reading Covid-19 and Global Economies – Analyzing March’20 Performance

Covid-19 – Tracking the Global Impact

The unprecedented and rapid spread of novel coronavirus has brought all major economies of the world on its knees. The crisis is possibly the worst humanity has seen since the World War II. Here is a look at some of the sectors across the world facing the worst of the crisis.   The industry worst … Continue reading Covid-19 – Tracking the Global Impact
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Coronavirus – Tracking the Economic Impact

Coronavirus has emerged as classic ‘black swan’ event or ‘unknown-unknown’ risk deliberated upon quite extensively in the risk management fora. The rapid spread across other countries has made it even more serious even as it appears to be getting under control in the country of its origin. Other than the loss of thousands of lives, … Continue reading Coronavirus – Tracking the Economic Impact
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OECD’s Challenge – Taxing Digital Giants

OECD (Organisation for Economic Co-operation and Development) is engaged in, possibly, the most complicated task in its history. And the task is – how to make the new age, digital companies pay fair share of their taxes. More importantly, how to apportion it to countries which are contributing to these company’s revenues. The OECD task … Continue reading OECD’s Challenge – Taxing Digital Giants
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Indo-US Relations – Economic & Other Aspects

The visit by the US president, the fifth successive (including two visits by Barack Obama) in last twenty years contrasts with only three visits by US president during 1950-1999. Even though India is a marginal player economically, it has successfully established itself as a responsible democracy and an intellectual powerhouse, earning for itself a unique … Continue reading Indo-US Relations – Economic & Other Aspects
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OXFAM Inequality Report – Sign of Economic Health or An Economic Crisis??

The annual OXFAM report makes for another distressing reading with world’s billionaire, totalling just 2,153, owing more wealth than 460 crore or 60% of humanity on earth! Further, wealth owned by top 1% is twice that of 690 crore or 90% of humanity. What makes it worse is that governments across the world are in … Continue reading OXFAM Inequality Report – Sign of Economic Health or An Economic Crisis??
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