Sri Lanka economy has a string of Chinese debts under the Rajapaksa family's rule, including for white elephant projects that have generated little to...
According to the Indian Ministry of Statistics and Programme Implementation, India's inflation rate was 5.5 percent in May 2019. This is a slight decrease...
Socialism vs. Capitalism
In economics, socialism and capitalism are opposing schools of thought, and their central arguments concern the role of government in the economy...
Communism is a philosophical, social, political, and economic ideology and movement aimed at establishing a communist society, i.e. a socioeconomic order based on the...
Capitalism is an economic system based on the private ownership and operation of means of production for profit. Capital accumulation, competitive markets, a price...
Happiness economics is the theoretical, qualitative, and quantitative study of happiness and quality of life, including positive and negative effects, well-being, life satisfaction, and...
Despite the pandemic, the Indian economy is expected to remain the fastest growing major economy, according to the Union Budget 2022-23, which prioritizes long-term...
The Indian government indicated in February 2021 that it may grant enterprises the flexibility of a four day work week while maintaining the standard...
From the agrarian crisis to privatisation, from demonetisation to the implementation of the Goods and Services Tax (GST), from stock markets reaching new highs...
Cryptocurrency is virtual or digital currency and is not issued by any central bank or authority. The word “cryptocurrency” refers to the encryption techniques...
The term “Indian economic liberalisation” refers to policy changes in the country’s economy. India’s economy was opened three decades ago after it was freed...
Environmental economics is the study of the financial consequences of environmental policy. Environmental economists do research to assess the economic implications of environmental policy,...
An economic system is a way for communities or governments to organize and distribute resources, services, and goods all over a geographical region or...
