Over a year ago, when the Covid-19 pandemic which started in Wuhan, China, spread around the world, there were accusations targeted at China by the US and China retaliated with its own allegations. When all the accusations and counter-accusations had died down, countries began to close down their economies to focus on containing the spread… Continue reading Why Global Cooperation Is Fraying
I don’t know how many of us realize that we have already lived through a fifth of this century, mired in crises of one type or another. It all began with 9/11 in America which led to a series of ill-conceived wars in Asia. Then, we had the Great Recession from 2007-8 onwards from which… Continue reading Will the World Ever Rediscover Its Innovative Spirit?
With a new administration in place in the US, what should the world expect in terms of a future growth trajectory, both in economic as well as geo-political terms? As it is, the world is still reeling from the Covid-19 pandemic and that ought to be the first priority for every country, the US included.… Continue reading New Direction for Global Realignment
Boris Johnson has “got Brexit done” and it was hard to miss the photograph of him cheerfully grinning with a thumbs-up sign in newspapers even in India. Phew! What a relief, is what most Britons must be thinking. Surely, they are not feeling terribly ecstatic over Brexit. Especially not when the country is also grappling… Continue reading What next for Britain and Europe after Brexit?
That seems to be the state of the luxury industry, that has been badly hit by the coronavirus pandemic. When certain sectors of economies have been hit particularly hard by Covid-19, it is to be expected that the luxury industry too will be adversely impacted. That’s because the consumption of luxury goods is closely connected… Continue reading All Dressed Up and Nowhere to Go
Merely a decade ago, we were barely recovering from the 2008 Financial Crisis. Most of the world was still reeling from the domino effect it sent across the world through the global financial system. Even countries that were not part of the globalized world of finance were impacted through the effects it had on trade… Continue reading Crises Make Us Hope for Change
The recently concluded US elections have huge implications for the rest of the world. Not just because America is still the world's largest economy, but because it wields its economic and military power on the international stage, like no other country does. In that respect, it has enjoyed huge influence. In the past four years,… Continue reading Owl Wisdom Podcast: The Post-Trump Global Economy
Deserted city streets. Empty or shuttered shops and restaurants. Air travel pretty much grounded. And a raging pandemic in our midst. Seems to be a strange time to be reading a book that is about just the opposite. About a life we once knew, which makes the act of reading it now, a study in… Continue reading Of Open Cities in the Time of Lockdowns
Hello friends. This edition of The Owl Wisdom Podcast is prompted by the constant refrain that we all hear about returning to pre-Covid levels. Whether it is our day-to-day lives or the wider economy, the comparison is always with life before Covid. Here - as in a previous edition titled The Big Reset - I… Continue reading The Problem with Pre-Covid Levels: Owl Wisdom Podcast
In five months of the Covid-19 global pandemic, we have seen the world lurch from one worldview and set of decisions to another, as countries try to contain the crisis. However, the crisis is both a public health one and an economic one and the biggest decisions governments will have to make is how to… Continue reading Preventing Global Economic Doomsday: Owl Wisdom Podcast