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Economist recounts boom-to-gloom experience of Argentina -Joyjit Ghosh

-The Telegraph Kaushik Basu credits country’s intellectual influx and links its downfall to the practice of hyper-nationalism by junta in 1930s Calcutta: The pursuit of hawkish nationalism is detrimental to the Growth of a country’s economy, Kaushik Basu, C. Marks Professor of international studies and professor of economics at Cornell University, said at Para in Purulia on Thursday. “We cannot be hyper-nationalistic…,” Basu said while delivering a lecture on “India’s economy and the...

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70 per cent of 10-year-olds in 'learning poverty', unable to read and understand a simple text

-Press release by UNICEF dated 23 June, 2022 COVID-19 worsens global learning crisis, risking $21 trillion in lifetime earnings WASHINGTON: As a result of the worst shock to education and learning in recorded history, learning poverty has increased by a third in low- and middle-income countries, with an estimated 70 per cent of 10-year-olds unable to understand a simple written text, according to a new report published today by the World Bank,...

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Are we choosing the right solutions for reducing GHG emissions from the transport sector?

The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption.   Due to economic Growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...

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India better placed to avoid risk of stagflation: RBI officials

-The Hindu Domestic economic activity is gaining strength, write authors of Bulletin article India’s economy is better placed than many other countries to avoid the risk of potential stagflation, Reserve Bank of India (RBI) officials headed by Deputy Governor Michael D. Patra wrote in an article in the June edition of the RBI Bulletin. “Global economic conditions continued to deteriorate as ratcheting up of commodity prices and financial market volatility have led to...

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Do We Know What has Happened to Poverty since 2011-12? -Himanshu

-The India Forum The government's lack of respect for national surveys on consumption has meant that the door has been opened to preparation of unofficial estimates on poverty made on questionable assumptions. Two such recent estimates highlight the need to resume collection of data to get a true picture of poverty The government of India does not seem to be interested in knowing how many poor there are in the country. The missing...

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