The Global Trends and Prospects report by UNCTAD says the travails of the world economy will linger as the world reels under a financial turbulence. #worldeconomy #recession Read more »
The crisis in the banking sector has aggravated the situation for the US economy and the #federalreserve that are struggling to avert a full-fledged #globalrecession. #fed #creditsuisse #svb Read more »
The indicators point to a global recession in 2023, but its severity will depend on several factors such as the covid situation in China. Read more »
Inflation is likely to be more persistent post-recession -- the economies are likely to face higher than target inflation in years to come. Read more »
Some large economies such as China and India may manage to avoid a hard landing, while some others like the US may escape with a mild recession. Read more »
A slump in metal prices simply means that businesses closely related with the industry such as home appliances, automobiles and construction have taken a hit. Read more »
Net fiscal impact of the Rs 21 lakh crore economic package is likely to be between 0.75% and 1% of the GDP. Read more »
India faces a peculiar situation -- businesses are not borrowing because of a demand slump, the middle class is borrowing because their incomes have shrunk. Read more »
The new world order: The post-coronavirus world will witness a rise in authoritarianism, protectionist economic policies, and mounting social tension, says Pushparaj Deshpande. Read more »
Santosh Mehrotra interview Part II: A series of policy mishaps ensured that India’s small scale industries did not scale up to face influx of Chinese goods. Read more »