2090 results found
Domestic climate of social peace and stability needed to turn the tide
The state of the Indian economy is intricately intertwined with the rest of the world.
Bangladesh was one of the few countries in the world to sustain a positive economic growth rate during the COVID-19 pandemic. Today, however, it is experiencing symptoms that could stall such impressive record: rising divergences in the government’s fiscal balance; the precarious Balance of Payments situation; rapidly declining foreign exchange reserves; demand-supply gaps in the energy markets; and inflationary tendencies. The exogenous shocks
The onset of the COVID-19 pandemic hastened the widespread adoption of digital technologies across the globe. The pace of digitalisation—from the micro levels of education and e- commerce to the macro levels of supply chains and production networks—has galvanised governments to advance digital regulations. The tightrope walk of creating policies that enable digital innovation and ensure regulations are in the larger public interest have led t
The geographical and socioeconomic characteristics of small island developing states (SIDS) expose them to unique challenges. Climate change, in particular, poses a severe threat to SIDS, with rising sea levels, ocean acidification, and changing precipitation patterns negatively affecting their ecosystems, economies, and communities. This brief assesses the challenges faced by SIDS in accessing traditional climate financing and analyses the effec
Saudi Arabia is seeking to anchor its economic diversification strategy in critical minerals, leveraging its vast reserves, foreign partnerships, and regional positioning to gain industrial clout and geopolitical leverage in the global energy transition.
The Indian Ocean is vital to the economies, security and livelihoods of its littoral states. However, the economic and sustainable development issues in the rim are particularly challenging since the countries, with diverse political systems, development status and agendas, are home to one- third of the world’s population that rely extensively on the marine resources for sustenance, thereby subjecting the ocean’s resources to pressures from p
Once a niche term, Blue Economy (BE) has matured into a popular concept in marine governance discussions in the Indo-Pacific region. As land resources reach their limits, governments in the region are keen to harness the ocean’s wealth for economic projects. Policymakers widely believe the blue paradigm allows marine activities to be earth-friendly and sustainable, and thereby guaranteeing a more equitable future. Recent developments, however,
Given the global importance of the Blue Economy, India’s G20 Presidency brings about the unique opportunity to prioritise the BE for the purpose for growth, green economy and social equity.
Blue economy’ is the integration of ocean economy development with values of social inclusion and environmental sustainability, along with dynamic and innovative business models. For India, however, blue economy extends beyond being merely an economic and environmental proposition. It presents India with an unprecedented opportunity to meet its national objectives, strengthen connectivity with neighbours, and exert influence in the surrounding
This paper undertakes an analysis of the gender-disaggregated data from the National Statistical Organisation’s Time-Use Survey 2019, and finds that Indian women spend eight times more hours on unpaid care work than men. The patterns are similar across educational qualification, and employment or marital status: women with higher education, or earn their own incomes, do not spend any less time on unpaid care work. Shifting mindsets and rebalanc
Several challenges and threats may hinder achieving two percent growth for the world economy. For instance, the plans of IMF and Central Bank to raise the interest rate are likely to result in wiping out efforts to achieve the target. Also the investment is witnessing lower volatility.
For digital economy to deliver on it's promise we need to avoid technological determinism and put people back at centre as the recipients of economic change
Abstract India is aiming for an eightfold increase in its share of the global space economy by 2047. The Indian ‘sunrise’ commercial space sector is benefiting from the government’s reforms, though gaps remain. The exact size of India’s domestic space economy is unknown, and the export promotion strategy for the space sector is unclear. This brief outlines three recommendations in parallel with the articulation of India’s National Sp
India’s vast coastline and rich marine biodiversity offer immense potential to advance a US$100-billion blue economy by 2030. A challenge to this potential is that India generates 6-8 million tonnes of underutilised marine biomass waste annually, comprising fish waste, shells, seaweed, and beach wrack. This paper explores a circular blue economy approach—with a waste-to-wealth model at its core—to convert marine biomass waste into high-valu
Utilising connections and collective action to accelerate social advantages, increasing youth inclusion and gender balance are crucial.
The human toll of the COVID-19 pandemic has been devastating. At the same time, measures to tackle the crisis have affected national economies and grounded global trade to a halt. Small Island Developing States (SIDS) such as the Seychelles are amongst the countries that have suffered some of the worst economic impacts of the outbreak. The current situation illustrates the global state of unpreparedness for a pandemic and points to similar inadeq
The gig economy is part of a crucial transformation occurring in India’s work landscape, and ride-hailing companies are examples of platforms on which “gigs” can be found. The Indian ride-hailing market was projected to grow by 15.5 percent until 2023; the COVID-19 pandemic, however, has disrupted the trajectory. The drivers of these companies—numbering approximately four million—are considered as “independent contractors” and thus
There is need to re-prioritise the expensive items in the services' wish list in a manner that will not strain the economy, without necessarily increasing the vulnerability of the country.
While pursuing growth of the sector, the environmental sustainability and social equity aspects must also be understood using science, technology, finance and innovation
Africa is facing a digital divide. Access to the internet and related digital services is low, and in most countries, the supporting regulatory framework is not in place; nor are the necessary data and logistics infrastructure. At the same time, there are various examples of e-commerce success stories across the continent; and the wide use of mobile phone technology has created many new opportunities for African entrepreneurs and consumers alike.
The trade deal provides the building blocks for future advances on investment, technologies and policies
ISRO should embrace a civilian identity and, aided by legislation, form partnerships with the industry and entrepreneurs.
The new undercurrent is targeting the notion of big business itself. India is angry, and rightfully so. But is there any problem being solved by targeting large corporates for accumulating wealth? It is not solving the investment drought or the fiscal deficit. It is also not solving the critical challenge of making Indian MSMEs globally competitive, or of creating jobs for the 12 million youth entering the workforce every year.
The agenda hosts Turkey has set for the G20 summit is undoubtedly overloaded. But, to achieve good results, it would make sense for global leaders to focus on the most pressing regional issues affecting the global economy in general and Asia in particular, before the next summit in China in 2016.
Despite the unprecedented growth of India’s gig economy and possible benefits to women service providers, little attention has been paid to the hurdles faced by women in pursuing gig work. Indeed, gig work has witnessed similar gendered division as has been evident in traditional work, and has not led to a direct increase in Female Labour Force Participation (FLPR) in India. This brief examines the existing literature on the problems faced by w
The G20 partnership with Africa on issues of e-commerce and the digital economy should be designed in a way that is informed by lessons from the past.
Prof. Arvind Panagariya of Columbia University argues that India has not actually emerged, as US President Barack Obama said during his visit to India, but it is in fact rising. He presented his assessment about India as a rising power during a discussion at ORF.
The Indian market has so far remained protected from the downside, with a rise of 20.1% over the past year, after Germany’s 32.4%, and the US’s 21.4%. Barring a slight overvaluation that may correct as the next quarter numbers deliver profits, there is little real risk to the India story.
