While I was still contemplating buying Amitav Ghosh’s newest book, The Nutmeg’s Curse, my father had already ordered it from Amazon India. Well, I’m not complaining. I greatly admire his writing, having owned and read several of his books, before I lost almost all of my books to termites at my parents’ flat in Goa.… Continue reading The Nutmeg’s Curse, of Colonisation and Capitalism
Minouche Shafik’s new book, What We Owe Each Other: A New Social Contract seems perfectly timed, with the world teetering between the 2008 financial crisis and a global pandemic. The book is not written for the general reader, but I think that they too might like it. They would like it for her astute observations… Continue reading A New Social Contract for a New Kind of Economy
Going by the past record of UN Climate Conferences, the latest one that concluded in Glasgow a few days ago was no different. It was a repeat of the same old discussions, the same sticking points, the same contentious issues, and finally the usual watered-down statement that is palatable to all. That is because it’s… Continue reading Why COP26 Is a Missed Opportunity
As countries report their September 2021 quarter GDP growth rates, the world will be eagerly watching to read and parse the news and data. So far, China has reported a much lower than expected GDP growth at 4.9% over the previous year. I am not sure how much of that is due to the government’s… Continue reading The Global Economy In a SWOT, Wot?
The last time I wrote about Europe’s economy, it was in the context of global economic recovery, jobs and employment and how many people who had been furloughed were back to full-time work. Now that we know that the European economy has grown healthily in the second quarter of 2021, we must remember that it… Continue reading Europe’s Economic Recovery Could Be Hit by Own Goal
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
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