Problems Facing Indian Economy
May 1, 2019
Since 1991, the Indian economy has pursued free market liberalisation, greater openness in trade and increase investment in infrastructure. This
Since 1991, the Indian economy has pursued free market liberalisation, greater openness in trade and increase investment in infrastructure. This
Increasing the rates of economic growth has long been the holy grail of conventional economics and politics. To a large
In summary, to reduce poverty, government policies could include: Means-tested welfare benefits to the poorest in society; for example, unemployment benefit,
Tejvan Pettinger Readers question: What is a ‘dual economy’? A dual economy refers to the existence of two distinct types
Tejvan Pettinger What do we mean by balanced economic growth? Also, is it important for an economy to promote a
Tejvan Pettinger Definition of balanced growth: Balanced growth refers to a specific type of economic growth that is sustainable in
After the first European recession in 2009, the EU is heading back into another recession only three years later. But,
Tejvan Pettinger The Life-cycle hypothesis was developed by Franco Modigliani in 1957. The theory states that individuals seek to smooth
Readers Question: Could you give a summary of Keynesian and Classical views? Summary Classical economics emphasises the fact that free
Tejvan Pettinger Government intervention in the labour market to reduce inequality and market failure can take various forms. Minimum wages/living
