Transformation of Credit market in India
Broadly, a credit market is a market for borrowing money in the form of bank loans, bonds, etc. The credit market is also known as the debt market since it deals in fixed-income instruments like bonds, treasury bills, commercial paper, and debt offerings such as notes and securitized obligations, collateralized debt obligations (CDOs)/(mortgage-backed securities), and…
Read article
Economic Transformation of Real Sector in India
An economy may be divided into the real sector and the nominal sector. The real sector of the economy deals with the production side, while the nominal economy deals with the financial side. The primary and secondary sectors of an economy are examples of real economy. Primary sector is accountable for securing raw materials and…
Read article
A brief overview of economic Transformation in India
Economic reforms refer to changes introduced by the government to bring an improvement in the economy of a country through various reforms and policies to solve the prevalent economic problems. A transformation is a complete change in the appearance or character of something or someone, especially so that that thing or person is improved. Economic…
Read article
Globalisation in reverse gear: The threatened re-emergence of Protectionism
Globalization in reverse gear and global trade protectionism are the result of various kinds of problems regarding social distribution, justice, and uneven development in the process of globalization. Unequal social distribution is a weakness inherent in a market economy, but economic globalization further aggravates the problem. In a market economy, the profit of different economic…
Read article
Fair Globalisation & the Need for Policy framework
Fair Globalization refers to equal and fair opportunities for all the economies across the world. The final report of the ILO’s World Commission on the Social Dimension of Globalization recommends that the potential of globalisation can be better harnessed to address the needs, concerns, and aspirations of a large number of people in the world.…
Globalsisation and its Impact on India
Globalisation refers to the increasing interconnectedness and interdependence of countries and their economies marked by free trade, and the free flow of capital among countries. Globalization provides easy access to foreign resources, including labour markets, to maximize returns and benefit the common good. The capital moved between two or more places, commodities were traded across…
Read article