Common market is the initiator of the European common currency and holds significant attraction for policy makers interested in export driven growth to a greater populace and enjoying lower import duties. But, a common market requires not only political concessions from nation states, it also...

Perceptions of economic trends and growth rates around the world over the past two decades, especially in advanced economies, suggests that the world is in a period of low growth without external stimulus delivered via speculative activities in the financial markets or fiscal stimulus. But is...

Due to various externalities, a labour market never operates in perfect competition mode. One such externality is the inelasticity in wages introduced due to personal fulfilment and satisfaction that led to personal job preference. This meant that salary is not the sole determinant of one’s...

Bonds are traditionally more stable and less volatile than equity as instruments to safekeep one’s money. But, bonds, by its conceptualization and construction, are illiquid assets. Such illiquidity provides a gap which can be exploited by manipulators and speculators in the bond market....

Discovering of price of labour is perhaps one of the grand challenges in micro-economics because the issue is beset with politics, and behavioural economics. But, if we cast a glance at the amount of time citizens around the world spent on education, it would not be difficult to convince...

Inflation is trending high in many advanced economies around the world after economic re-opening from the recent lockdowns in the COVID-19 pandemic. One possible reason could be due to import of inflation caused by rising prices of commodity and essential items around the world due to lack of...

While not a natural science discipline, logistics embed deep concepts straddling the mathematical sciences (such as graph theory) and economics. Hence, understanding how trade is moved around the world provides a useful natural experiment for understanding the movement of cargo, and helps lend a...