Sunday, 26 June, 2022
TopicWorld Economy

Topic: World Economy

India-China spat is delaying ‘the world’s biggest regional free trade deal’

The main source of tension holding up the 16-nation RCEP is between India & China over the amount of goods with preferential tariffs.

Refugee camps are brimming with invaluable talent, and the world is poorer for it

There are numerous policy and practical barriers preventing displaced people from contributing to the global economy but investing in them can reap significant returns

An economist explains what happens if there’s another financial crisis

The big concern is that governments do not have the policy tools they had in 2008 to prevent a financial shock turning into a freefall.

The world is not even close to the next great recession

The world economy might be messy and there will be regional divergences aplenty, but it is not terrible as IMF data shows there are still some chances of growth.

What oil at $50 a barrel means for the world economy

Energy importers like India and South Africa will benefit; oil producers such as Russia and Saudi Arabia will hurt.

These are the tremors that are beginning to rattle the world economy

Widespread feeling at IMF meeting was that ground under global economy, financial markets and multilateral trading system has started to shift. 

Only India and China can help emerging markets rebound

China and India are the only two developing nations that feature in the world market capitalisation rankings in 2017. 

China’s Belt and Road Initiative may bankrupt 8 nations while financing infrastructure

China’s track record managing debt distress has been problematic. It has not signed on to a binding set of rules of the road to avoid unsustainable lending and addressing debt problems.

On Camera

YourTurn

A Wimbledon court | Twitter/Wimbledon

Not Russia, a point-less Wimbledon 2022 affects young tennis players most

Young underdogs have often defeated tennis titans. But Wimbledon 2022 removing ranking points sets them back instead of making a geopolitical impact.
Credit: ThePrint team

‘All about helping Rajni’ — tech gurus at iSPIRT quietly power India’s digital revolution

With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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