Since the 1990s, the world economy has been so used to growing along with China, that it’s almost impossible to imagine a world without the Chinese growth engine. That’s because the Chinese economy liberalized in the 1980s and began to trade and do business freely with the rest of the world. They became a member… Continue reading Growth Pangs Sans China
Emerging out of the Covid-19 pandemic, global economic recovery is proving to be a tricky business, requiring a delicate balancing act by governments and central banks. This is because most of the world has racked up huge amounts of debt, while trying to stimulate their economies, in addition to the debt they already had. Western… Continue reading World Caught Between Soaring Inflation and Debt
In this article, the second of the three Es that I referred to at the start of the year, I write about the Indian economy in the light of the Indian budget that was presented recently. The much-anticipated Indian Union Budget of 2022 has come and gone without any fanfare, nor any major controversy. This… Continue reading Murphy’s Law of Budget-Making in India
The last thing the world needs, as it struggles to control the pandemic and revive economies, is another war or attack on another country’s sovereignty. Yet, for the past couple of months all one has been reading and hearing in the media – particularly international media – is about geopolitical tensions coming to a boil.… Continue reading Geopolitical Tensions, a Red Herring
It’s been a while since I wrote on the Indian economy and since our second quarter GDP news was released just a fortnight ago, I thought it might make sense to consider this news as well as other issues looming on the horizon. Which is why this piece is not so much about the Q2… Continue reading The Three Es of India to Look Out For in 2022
Hello readers. In what is the last of my Ovid in the Time of Covid blog posts, I wish to focus on looking ahead at the time of change. The Covid-19 pandemic is still in our midst, and despite the efforts of the medical and scientific community, it is mutating and spreading ever faster. The… Continue reading Ovid in the Time of Covid: Time of Change
During the past couple of years that the pandemic has raged around the world, we have seen how some have risen to fight the virus with all that they had at their disposal, while others cowered and dithered over what to do next. It was imperative that the world tackled the pandemic head-on and yet,… Continue reading Ovid in The Time of Covid: Heroism
As the Covid pandemic rages on, albeit at a lower level of transmission, we can never be sure that it will go away. In fact, there seems to be a growing acceptance around the world now that Covid-19 will be in our midst for a long time and we need to be fully vaccinated against… Continue reading Ovid in the Time of Covid: Vulnerability
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
Even as parts of the world emerge from lockdowns imposed in the wake of the second and third waves of the coronavirus, it appears that yet another variant and wave could threaten to send us scurrying back indoors. Between trying to get back to life as we knew it and severe restrictions, we are having… Continue reading Ovid in the Time of Covid: Locked Down
Peripatetic Perch 