Category: international organisations
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Tightrope Walk: Taming Inflation Without Tripping Up Growth.
IntroductionInflation is commonly referred to as the unwelcome guest at the global economic party. It exerts pressure on the economy by eroding purchasing power and squeezing household budgets. Central banks are entrusted with the responsibility of maintaining price stability, but the tools at their disposal, such as interest rate hikes,…
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The Tale of Two Recoveries: A Glimpse into the Global Economic Landscape
IntroductionThe global economy, analogous to a massive ship, has weathered significant storms in recent years. While some economies show signs of stability and projected growth, a closer examination reveals a troubling reality: the recovery is far from uniform. Developed economies on the main deck experience slow but steady progress towards…
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Economic Policies and Technological Regulations in the European Union
Introduction:The European Union (EU) is known for its complex economic landscape, consisting of both national and centralized policies. This unique divide poses challenges for economic management, particularly during times of crisis such as debt crises, energy restrictions with Russia, and the tumultuous Brexit process. While the EU’s free movement of…
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IMF’s Outlook for Global Economic Growth
Introduction In a world grappling with economic uncertainties, the International Monetary Fund (IMF) has provided a cautiously optimistic projection for global economic growth. As per the IMF’s updated outlook, the world economy is anticipated to maintain a stable growth rate of 3.1% in 2023 and 2024. This positive trend can…
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WTO: A Tale of Challenges and Unresolved Issues
Introduction The recent WTO negotiations held in Abu Dhabi were eagerly anticipated as a platform for major reforms in global trade policies. However, despite prolonged talks, negotiators were unable to reach agreements on significant aspects of trade, including e-commerce, dispute settlement, and agricultural policies. This critical article will delve into…
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Soft Landing of Global Economy – IMF
The International Monetary Fund (IMF) has recently provided a positive outlook for the global economy, suggesting a potential “soft landing” scenario. This scenario entails a gradual slowdown in inflation without triggering a significant economic downturn or recession. While this projection offers hope, it is important to analyze the indicators, headwinds,…
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Soft Landing of Global Economy – IMF
The International Monetary Fund (IMF) has recently provided a positive outlook for the global economy, suggesting a potential “soft landing” scenario. This scenario entails a gradual slowdown in inflation without triggering a significant economic downturn or recession. While this projection offers hope, it is important to analyze the indicators, headwinds,…
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The Future of Global Trade: WTO’s 13th Ministerial Conference
Introduction:The World Trade Organization’s (WTO) 13th Ministerial Conference (MC13) is set against the backdrop of a challenging geopolitical and economic environment, characterized by rising trade tensions and concerns over food security. As one of the largest and fastest-growing economies, India has a crucial role to play in shaping the outcomes…