Democracy is based on winning the popular vote and maintaining an image that will keep the public content. As a result, it might hinder politicians and lawmakers from creating policies that would be good for economic growth but unappealing to the voter bank.Continue Reading

On October 2, 2020 India and South Africa proposed a temporary waiver on coronavirus vaccine patent rights in a meeting of the World Trade Organization. With over 100 co-signatories (mostly developing countries), the so-called “TRIPS Vaccine Waiver” has raised questions about intellectual property and access ethics during a pandemic.Continue Reading

As economies across the world have come crashing down due to the coronavirus, Indian consumers are suffering from suppressed wages, mass lay-offs, and reduced economic activity. Yet, while the entire country’s economy has been turned upside down, one sector of the market has silently exploded: Instant loan suppliers, lending money to Indian workers who desperately need the funds to pay off critical bills. These lenders, however, charge gigantic interest rates which enable them to profit off of the backs of economically insecure workers. Continue Reading

In the past decade, impact investing has seen an exponential increase in emerging markets such as India, China, Philippines, and Vietnam – regardless of the risks involved. In this article, our Economic columnist attempts to identify the true driver of impact investment – a commercial opportunity for returns; or a Gen Zer’s guilty conscience? Continue Reading