The recent developments in the global market are a reasonable evidence of the growing inability of the WTO to sustain integrated economic performance of its member countries. The latest trade dispute between the USA and China cannot be restricted to an apparent analysis of the flaws in the WTO...

An overemphasis on GDP and GDP-related parameters has neglected the measurement of ‘versatile development’ of a nation. The present design and application of all the development related parameters serve a limited purpose of using common medicine for all types of patients. A Development Index...

It is a well-known fact that India is emerging as an ‘automobile hub’ for the entire global economy on account of its large pool of talented automobile designers and cost competitive workforce. The present rate of growth in India’s GDP is more than that of China. This promising growth...

Most of the good and bad economic events of last three decades have proven that the western economists some where have lost a macro-logic essential for resolving the critical socio-economic issues. This was partly due to excessive attempt of quantifying the subjective elements of economic...

In a recently conducted business conclave, the powerful corporate bosses agreed that capitalism should serve the purpose of social equity. While forming the World Trade Organization (WTO), it was expected that the economies world-wide would promote an entrepreneurial culture to create ‘wealth...

The present Indian economy is stuck with ‘stagpression’ i.e. stagnation and moderate depression. Stagnation has been a result of slowed down reforms. Depression is partially on account of the impact of global recession and partially demonetization. India needs to grow on all the fronts of...

COVID-19 has unexpectedly brought out the structural and cyclical flaws existing in many economies. India is certainly one of them. Till recently, India was a global engine of economic growth and prosperity. It was next to China on the parameter of ‘rate of growth in GDP’. Being the biggest...