Tracking the Developments in the Economy – Part II
The recent rate cut by the Fed marks the reversal of monetary tightening, which followed the ultra-loose monetary policy adopted by the fed after the outbreak of Covid. Between March’22…
US China Trade War – Understanding the Dynamics
The continued hike in tariffs across goods imported from China has shown US government’s seriousness to curb the excessive trade advantage enjoyed by China, accentuated by security concerns in the…
Understanding De-dollarization
The agreements among various national in the recent past to shift bilateral trade from dollar to local currencies is a important step towards de-dollarization. The move is part of global…
Understanding NEER and REER
Most of the global currencies recorded significant depreciation in their currencies against the dollar since the Fed started raising interest rate in March’22. Over last ten years, some of them…
The Progress Against Global Tax Evasion
Global tax evasion remains a challenge as per a report by EU tax observatory, an EU funded research body. The good news is that these evasions have come down significantly…
Purchasing Power Parity (PPP) – An Overview
Purchasing Power Parity (PPP) is an important economic concept, requiring significant efforts to arrive at an authentic value. World Bank carries out an extensive exercise, called International Comparison Program (ICP),…
Global Trade – An Overview…
Global trade stood at $31.5 trillion in 2023, decline of about 2% over previous year as per the WTO (World Trade Organization) report. While the figure may look like a…
Understanding Greece Debt Crisis…
Greece debt crisis had divided Euro area and IMF and Greece defaulting on its debt 2015. The crisis began in 2009, causing erosion of as much as 25% of GDP…
Understanding Hyperinflation – Economy of Zimbabwe..
Zimbabwe witnessed unprecedented increase in prices during 2007-09 which could be reined-in only after abandonment of its currency. Like in all earlier episodes, this bout of hyperinflation, was also caused…