Search

Bangladesh was one of the few countries in the world to sustain a positive economic growth rate during the COVID-19 pandemic. Today, however, it is experiencing symptoms that could stall such impressive record: rising divergences in the government’s fiscal balance; the precarious Balance of Payments situation; rapidly declining foreign exchange reserves; demand-supply gaps in the energy markets; and inflationary tendencies. The exogenous shocks

The onset of the COVID-19 pandemic hastened the widespread adoption of digitaltechnologies across the globe. The pace of digitalisation—from the micro levels ofeducation and e-commerce to the macro levels of supply chains and productionnetworks—has galvanised governments to advance digital regulations. Thetightrope walk of creating policies that enable digital innovation and ensureregulations are in the larger public interest have led to inte

The geographical and socioeconomic characteristics of small island developing states (SIDS) expose them to unique challenges. Climate change, in particular, poses a severe threat to SIDS, with rising sea levels, ocean acidification, and changing precipitation patterns negatively affecting their ecosystems, economies, and communities. This brief assesses the challenges faced by SIDS in accessing traditional climate financing and analyses the effec

The Indian Ocean is vital to the economies, security and livelihoods of its littoral states. However, the economic and sustainable development issues in the rim are particularly challenging since the countries, with diverse political systems, development status and agendas, are home to one- third of the world’s population that rely extensively on the marine resources for sustenance, thereby subjecting the ocean’s resources to pressures from p

Once a niche term, Blue Economy (BE) has matured into a popular concept in marine governance discussions in the Indo-Pacific region. As land resources reach their limits, governments in the region are keen to harness the ocean’s wealth for economic projects. Policymakers widely believe the blue paradigm allows marine activities to be earth-friendly and sustainable, and thereby guaranteeing a more equitable future. Recent developments, however,

Given the global importance of the Blue Economy, India’s G20 Presidency brings about the unique opportunity to prioritise the BE for the purpose for growth, green economy and social equity.

Blue economy’ is the integration of ocean economy development with values of social inclusion and environmental sustainability, along with dynamic and innovative business models. For India, however, blue economy extends beyond being merely an economic and environmental proposition. It presents India with an unprecedented opportunity to meet its national objectives, strengthen connectivity with neighbours, and exert influence in the surrounding

This paper undertakes an analysis of the gender-disaggregated data from the National Statistical Organisation’s Time-Use Survey 2019, and finds that Indian women spend eight times more hours on unpaid care work than men. The patterns are similar across educational qualification, and employment or marital status: women with higher education, or earn their own incomes, do not spend any less time on unpaid care work. Shifting mindsets and rebalanc

Several challenges and threats may hinder achieving two percent growth for the world economy. For instance, the plans of IMF and Central Bank to raise the interest rate are likely to result in wiping out efforts to achieve the target. Also the investment is witnessing lower volatility.

For digital economy to deliver on it's promise we need to avoid technological determinism and put people back at centre as the recipients of economic change

Utilising connections and collective action to accelerate social advantages, increasing youth inclusion and gender balance are crucial.

The human toll of the COVID-19 pandemic has been devastating. At the same time, measures to tackle the crisis have affected national economies and grounded global trade to a halt. Small Island Developing States (SIDS) such as the Seychelles are amongst the countries that have suffered some of the worst economic impacts of the outbreak. The current situation illustrates the global state of unpreparedness for a pandemic and points to similar inadeq

The gig economy is part of a crucial transformation occurring in India’s work landscape, and ride-hailing companies are examples of platforms on which “gigs” can be found. The Indian ride-hailing market was projected to grow by 15.5 percent until 2023; the COVID-19 pandemic, however, has disrupted the trajectory. The drivers of these companies—numbering approximately four million—are considered as “independent contractors” and thus

There is need to re-prioritise the expensive items in the services' wish list in a manner that will not strain the economy, without necessarily increasing the vulnerability of the country.

While pursuing growth of the sector, the environmental sustainability and social equity aspects must also be understood using science, technology, finance and innovation

Africa is facing a digital divide. Access to the internet and related digital services is low, and in most countries, the supporting regulatory framework is not in place; nor are the necessary data and logistics infrastructure. At the same time, there are various examples of e-commerce success stories across the continent; and the wide use of mobile phone technology has created many new opportunities for African entrepreneurs and consumers alike.

ISRO should embrace a civilian identity and, aided by legislation, form partnerships with the industry and entrepreneurs.

The new undercurrent is targeting the notion of big business itself. India is angry, and rightfully so. But is there any problem being solved by targeting large corporates for accumulating wealth? It is not solving the investment drought or the fiscal deficit. It is also not solving the critical challenge of making Indian MSMEs globally competitive, or of creating jobs for the 12 million youth entering the workforce every year.

The agenda hosts Turkey has set for the G20 summit is undoubtedly overloaded. But, to achieve good results, it would make sense for global leaders to focus on the most pressing regional issues affecting the global economy in general and Asia in particular, before the next summit in China in 2016.

Despite the unprecedented growth of India’s gig economy and possible benefits to women service providers, little attention has been paid to the hurdles faced by women in pursuing gig work. Indeed, gig work has witnessed similar gendered division as has been evident in traditional work, and has not led to a direct increase in Female Labour Force Participation (FLPR) in India. This brief examines the existing literature on the problems faced by w

The G20 partnership with Africa on issues of e-commerce and the digital economy should be designed in a way that is informed by lessons from the past.

Prof. Arvind Panagariya of Columbia University argues that India has not actually emerged, as US President Barack Obama said during his visit to India, but it is in fact rising. He presented his assessment about India as a rising power during a discussion at ORF.

The Indian market has so far remained protected from the downside, with a rise of 20.1% over the past year, after Germany’s 32.4%, and the US’s 21.4%. Barring a slight overvaluation that may correct as the next quarter numbers deliver profits, there is little real risk to the India story.

Mismanagement at home and increasing protectionism abroad have ensured that India has dropped out of that group of fast-growing emerging economies

Author and economic analyst M.R. Venkatesh says the controversies and court cases relating to the 2-G scam might have impeded FDI inflow. It shows that even agreements made with the Government in India are not fool-proof, he argues.

The virus is only going to make a growth slowdown caused by declining investment even worse.

The problem is that no political economy sensitive plan to implement these reforms has emerged.

The challenges that Japan and India face are largely complementary and thus hold promise for enhancing ties. A robust India-Japan partnership will support and promote India's increasingly assertive and strong role as well as Japan's leading position in the east Asian region.

In the backdrop of President George Bush's forthcoming visit next month and India's closer integration with the global economy, we need to start paying greater attention to the US economy, which has effectively functioned as the sole engine powering the global economy for the past decade and a half.

To check non-tariff barriers in the south Asian region, India being the largest economy in the region must take the lead, but other partners must extend cooperation and come together on a common platform.

This brief explores four scenarios of climate action for India using a systems dynamics model called the Energy Policy Simulator for India. It investigates policy trade-offs and co-benefits and estimates the costs of climate action. It finds that deep decarbonisation in the Indian economy is possible while also boosting jobs and GDP and avoiding millions of premature deaths due to harmful air pollution. The low-carbon transition will require mass

The best news in years is that India’s government finally seems to recognize the scale of the problems it faces.