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Neo-Keynesianism The following article is from The Great Soviet Encyclopedia(1979). It might be outdated or ideologically biased. Neo-Keynesianism a bourgeois theory of state-monopoly regulation of the capitalist economy. Neo-Keynesianism is a modification of Keynesian economics to suit the historical conditions that took shape after World War II. Among the...

Definition of Economics:

It is necessary to define the subject which we want to study. Definition of a subject facilitates the understanding of its meaning, nature, characteristics and limitations. There­fore, it is necessary to begin the study of economics with its definition.

Jomo Kwame Sundaram After US President Donald Trump withdrew from Obama’s Trans-Pacific Partnership (TPP), involving twelve countries on the Pacific rim, on his first day in office, Japan, Australia and their closest allies proposed and promoted the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) to draw the...

C. P. Chandrasekhar As election 2019 approaches, the Modi government, damaged by agrarian distress, is also being challenged by evidence that its record on employment generation has been extremely poor. To recall, in its campaign during the 2014 election which brought it back to power, the...