Tag: Economic Growth
China’s impressive economic growth over the past three decades has been largely driven by its emphasis on exports and substantial investments in domestic infrastructure. At its peak, China enjoyed a consistent 8% net export surplus, which contributed to a significant accumulation of foreign reserves. Simultaneously, high domestic savings were...
Political landscapes are shifting dramatically in many countries, signaling the potential for more radical policies in both the United States and Europe. Central banks, facing challenges like societal aging, de-globalization, climate change, anti-immigration sentiment, and technological advancements, will likely experience mounting pressure from various directions. A primary concern is...
In the last few decades, the global cultural scene has experienced a monumental transformation, greatly influenced by the surge of K-culture. This term encompasses South Korea's flourishing entertainment sector, which includes K-pop, K-dramas, Korean films, fashion, and beauty products. According to a recent report, TikTok, one of the foremost...
Federal Reserve Chair Jerome Powell's recent testimony before US lawmakers has given hope to those anticipating a shift in the central bank's monetary policy. His remarks suggest that the pivotal moment for easing could come as soon as September. While the fight against inflation is ongoing, Powell indicated that...
In October 2020, Jayanth R. Varma and Ashima Goyal joined the Reserve Bank of India's (RBI's) monetary policy committee (MPC). Since their appointments, both have played pivotal roles, often voicing dissenting opinions that have sparked debates about the RBI's monetary policy direction. Varma, initially a hawk, shifted to a...
So the latest numbers are in and it looks like global military spending rose again last year despite economic turmoil. According to the Stockholm International Peace Research Institute, countries around the world increased their military budgets by 3.9 percent in 2023 compared to the previous year. That’s an extra...
India's population has been rapidly increasing over the past few decades, and this trend is expected to continue in the coming years. With a current population of over 1.3 billion, India is the second-most populous country in the world, after China. In this article, we will explore the reasons...
Breaking news out of India and Germany: an Indian-German firm has signed an MOU for the production of submarines. This is an exciting development that could open up a host of new opportunities and possibilities. With the help of cutting edge technology and expertise from both countries, the submarine...
Global market implications
The rising trend in India's economy has massive implications on global markets. The world is gradually turning its attention to India as a major player in the world economy. One significant implication is the potential shift in global economic power away from the West to the East....
Suriname, a small South American nation, has recently bestowed its highest civilian honor upon Indian President Droupadi Murmu. The prestigious award, known as the 'Grand Order of the Chain of the Yellow Star,' was presented to President Murmu during her state visit to Suriname, which marked the commemoration of...
