Tag: global economy
In the field of economic theory, the concept of the "impossible trinity" posits that a nation cannot maintain a fixed foreign exchange rate, allow free capital movement, and implement an independent monetary policy simultaneously. As we navigate today’s interconnected landscape, this paradox becomes increasingly relevant. The global economy faces...
The Economic Survey for 2023-24, a key document released by the Indian government, is typically awaited with great anticipation as it sets the tone for the Union Budget and offers a detailed analysis of the nation's economic situation. However, the latest survey comes across as somewhat defensive. While it...
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....
