Category: Policy
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Two Titans, Two Troubles: Untangling the Economic Woes of the US and EU
In an increasingly interconnected and globalized world, the economic troubles of two powerhouses – the United States and the European Union – serve as an ominous reminder of the challenges facing the global economy. The World Bank’s recent Outlook report sheds light on the unique obstacles these economic giants face,…
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Inflation in European Economies
Introduction: Inflation is a complex economic phenomenon that impacts households and economies worldwide. It refers to a general rise in prices of goods and services over time, causing money to lose its purchasing power. Soaring prices for essentials like food and energy can squeeze household budgets, particularly in developing economies.…
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Navigating Uncertainty: The Conference Board’s US Recession Forecast and its Implications
Introduction: Forecasting economic trends is both an art and a science, subject to a multitude of variables and uncertainties. The recent prediction by The Conference Board of a brief recession looming over the US economy in 2024 has sparked considerable discussion and concern in financial circles. In order to gain…
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Inflation, Tensions, and Deglobalization
The international economic landscape is constantly evolving. In the past week, three prominent trends have dominated headlines and are shaping the global economy: a global growth slowdown, rising trade tensions, and the possibility of deglobalization. Firstly, the global growth slowdown has become a major concern for the International Monetary Fund…
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Unlocking Investment Potential: The Vital Role of the Rule of Law and Collaboration in Fostering a Conducive Business Environment
Introduction: The role of the rule of law in creating a conducive environment for private investment cannot be overstated. In this reflection, we explore how the rule of law fosters regulatory policy, clarity, and trust, which are essential elements in attracting both domestic and international investors. We also consider the…
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Kerala’s Draft Export Promotion Policy Some Silent Features
The policy is a draft document that aims to boost the exports of Kerala by providing financial and institutional support to exporters, identifying high-growth potential areas, and creating district-wise export plans¹. The policy also proposes incentives such as capital investment subsidy, export infrastructure support, and export turnover-based incentive for eligible…
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PLI Scheme and The Future of Semiconductor Industry in India
The Production Linked Incentive (PLI) scheme of India is a policy initiative that aims to boost domestic manufacturing and exports of electronic products. The scheme offers a financial incentive of 3% to 5% on incremental sales (over base year) of goods manufactured in India for a period of four years¹.…
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Revitalizing India’s Manufacturing Sector: Evolution and Challenges of Industrial Policy
India’s industrial policy plays a crucial role in shaping the country’s manufacturing sector, ultimately contributing to its economic growth and development. It is a set of standards and measures implemented by the government to influence the ownership, structure, and performance of industries. The main objectives of India’s industrial policy are…
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