-Counterview.net Economic, legal, diplomatic and civil society experts – including Joseph Stiglitz, a Nobel Prize-winning economist, and former Vice President and Chief Economist of the World Bank – have urged the United States Supreme Court to go back to the case Budha Ismail Jam, et al v. IFC , (Tata Mundra case) concerning immunity from the suit for the World Bank Group and foreign nations. They said, the immunity decision in the...

The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...

-The Telegraph The Nobel laureate economist described 'India as a poster child of what not to do' Nobel laureate economist Joseph Stiglitz made a strong case for spending money to combat the long-term economic damage of the pandemic, saying that India would be well advised to focus on containing the contagion as the economic aftermath cannot be tackled without tackling the pandemic. Bracketing India with Brazil and the United States for its “utter...

-National Herald Agriculture, food and trade policy expert Devinder Sharma writes: “My understanding is that only agriculture can reboot the economy, sustain millions of livelihoods, and reduce global warming.” At a time when Nobel laureate Joseph Stiglitz says that neo-liberalism is ‘dead and buried’, and the world as a result is increasingly grappling with the gigantic problems of rising unemployment, gnawing inequality and climatic change reaching a tripping point, agriculture alone has...

-The Hindu Business Line India’s manufacturing needs higher investment in education and R&D to become self-reliant and technologically competent The share of manufacturing in India’s GDP has stagnated at 16 per cent since 1991, despite economic reforms. No country ever became a manufacturing force without (a) a design capability; and (b) an institutional system that incentivises and sustains innovations. India needs a system to develop human and technical capabilities at both the...