The development of any poor and backward economy can be brought by promoting its agri. sector. It is evident from the following arguments: (1) Availability Of Food: In case of UDCs the production of food stuff plays an important role. As a result of land reforms or...
Henry Leveson-Gower The conformity in economics teaching in many ways is the most damaging aspect of our current economics discipline. Thousands of graduates all round the world enter work each year with the impression that there is only one way of thinking about organising our economies....
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...
Economics is the study of scarcity. When everything is so abundantly available that we get all we want, we do not need to worry about what, how and for whom it should be produced. In the Sahara there is no need to worry about the...
Do you live indoors? Use transportation powered by gasoline? How about buy food, you do that right? And not to get awkward or anything, but you do wear clothes from time to time, right . . . right? Tweet this! "The rules of the economic game have...
भारत में निर्धनता और बेराज़गारी निर्धनता गरीबी रेखा या निर्धनता रेखा (poverty line) आय के उस स्तर को कहते हैं जिससे कम आमदनी होने पे इंसान अपनी भौतिक ज़रूरतों को पूरा करने में असमर्थ होता है। गरीबी रेखा अलग अलग देशों में अलग अलग होती है। उदहारण के...
Keynesian vs Classical models and policies Readers Question: Could you give a summary of Keynesian and Classical views? Summary Classical economics emphasises the fact that free markets lead to an efficient outcome and are self-regulating. In macroeconomics, classical economics assumes the long run aggregate supply curve is...
ब्लूमबर्ग की रिपोर्ट के अनुसार भारत बेरोजगारी दर में एशिया में शीर्ष पर आदित्य इसी साल फरवरी महीने में भारत के सबसे बड़े सार्वजनिक क्षेत्र रेलवे द्वारा 89,409 पदों के लिए रिक्तियाँ निकाली गयीं, जिसके लिए 2.8 करोड़ से भी अधिक आवेदन प्राप्त किये गये। मतलब हर...