Globalization
September 21, 2013
Availability of Cheap Labor and Technological Advancement leads to Joblessness Labor around the world has got squeezed by multiple forces beyond its control. The relentless and […]
April 29, 2013
Economic Indicators An economic indicator is a statistic about the economy. It helps in analysis of economic performance and predictions of future performance. It includes various indices, earnings reports, and economic summaries. […]
March 15, 2013
Major Developments Post Policy Change of 1990 There is hardly any aspect of economic life which is not altered since the inception of the new policy […]
March 12, 2013
International Business After globalization becoming the buzzword in today’s world, international business has given a new shape and has also created a new dimension in the […]
February 15, 2013
Globalization Globalization refers to the increasingly global relationships of culture, people and economic activity. Most often, it refers to economics: the global distribution of the production […]
October 15, 2012
Food prices have increased rapidly in the last 5 years after a long secular decline in food prices relative to world income. Not only have prices […]
August 6, 2012
Globalization It has been said time and again how Globalization has led to increasing prosperity around the globe with free movement of capital and trade. But […]
July 9, 2012
I am surprised at the similarities in the corruption scandals hitting the South Asian nations almost daily. Despite hundreds and millions of citizens living in grinding […]
May 14, 2012
Globalization refers to the increase in international trade & commerce amongst the different countries, through the reduction of geographic barriers. With the rapid innovation of smart […]
January 11, 2012
The rising income inequality throughout the world is sowing seeds of dystopia according to a report released by World Economic Forum. The biggest risk amongst the 50 risks listed is the increasing wealth gap between individuals in all countries. Gini's coefficient has risen in most countries developing as well as developed and this has a strong correlation to globalization. The global artitrage of labor has tilted the scales towards capital and increasingly made wages become stagnant. Developing countries with weak institutions are showing income inequality in horrific forms with $2 billion homes existing in the middle of millions surviving on less than $2 day. US has already seen the OWS movement as a result of this increasing income gap between the have and have nots. Middle Eastern countries have also seen revolutions brought upon by the massive riches of the elite compared to the rising poverty of the poor and even the middle classes.
January 3, 2012
Income Inequality is a Theme that is getting played across the world in developing as well as developed nations.Most of the turmoil in 2011 in the Middle East and the Occupy Wall Street Movement can be attributed to the growing Income Gap between the Have and Have -Nots.The Great Recession in 2008 can also be looked upon as a fallout of this.Gini's Coefficient which measures the income distribution gap has shown continued deterioration all over the world.The Middle Class is shrinking and growing poor by the day and it is not only the Poor Class that is getting affected.
September 18, 2010
In our Financial linked world where Capital is Globalized while Regulation is not,Hot Money Flows are fueling inflation and asset based bubbles in Developing Countries.Some of the Emerging Markets are either close to or have surpassed the 2008 all time highs.Inflation is also hitting dangerous levels in some countries like Argentina,India and others.The depreciating dollar brought upon the the US Federal Reserve Printing of money has made it necessary that the Central Banks purchase Dollars.This has been done not only by Brazil and Singapore but also by Japan.With more Dollar Printing,these Purchases will increase the Liquidity in the Developing Countries.This is a sure shot recipe for high inflation which will be difficult to control.India has already raised Interest Rates 5 times this year in order to rein in the pernicious effects of high inflation on its largely poor population.
July 5, 2010
Effects of Globalization of Agriculture Globalization of Trade,Capital Flows and Labor has led to many desired and undesired effects.While the globalization of Services and Industry has […]