Open-Economy and Closed Economy
closed-economy: Here is a list of subtopics related to open-economy and closed-economy: Open economy Trade Comparative advantage Absolute advantage Terms of trade Capital flows InvestmentInvestment
Notes and Study material for Exams
closed-economy: Here is a list of subtopics related to open-economy and closed-economy: Open economy Trade Comparative advantage Absolute advantage Terms of trade Capital flows InvestmentInvestment
The Sovereign Debt Crisis: A Recurring Threat to Global Stability The specter of a sovereign debt crisis, where a nation struggles to repay its financial obligations, has haunted global economies for centuries. While the specific triggers and consequences may vary, the underlying dynamics remain eerily similar: unsustainable borrowing, economic vulnerabilities, and a loss of confidence … Read more
Article 167–Duties of Chief Minister The Chief Minister is the head of the executive branch of the government of a state in India. The Chief Minister is appointed by the Governor of the state, and is usually the leader of the party or coalition that has the most seats in the Legislative Assembly of the … Read more
The Impact of Climate Change: A Global Crisis Unfolding Climate change, a defining issue of our time, is no longer a distant threat but a tangible reality impacting every corner of the globe. Driven by human activities, primarily the burning of fossil fuels, this phenomenon is causing a cascade of environmental and societal disruptions, threatening … Read more
Introduction to alkaloids (nicotine and cocaine) Alkaloids, any of a class of naturally occurring organic nitrogen-containing bases. Alkaloids have diverse and important physiological effects on humans and other animals. Well-known alkaloids include morphine, strychnine, quinine, ephedrine, and nicotine. Alkaloids are found primarily in Plants and are especially common in certain families of flowering … Read more
UNEP is the principal UN body in the field of the Environment, assisting governments to address global, regional and national environmental challenges. Its mandate was reinforced at the United Nations Conference on Sustainable Development (Rio+20) and through the Rio+20 outcome document “The Future Want” . As a follow up to the Rio+20 Conference, UNEP has … Read more
The Doha Development Agenda (DDA) is a set of negotiations within the World Trade Organization (WTO) that began in November 2001. The DDA aims to improve the trading system for developing countries, and to address issues such as agricultural subsidies, market access, and Intellectual Property Rights. The DDA is divided into 21 areas of negotiation, … Read more
Basic element of INFRASTRUCTURE is somewhat different from other forms of infrastructure because of existence of network externalities, a phenomenon that increases the value of services with the increasing number of users. Thus the impact of telecommunication infrastructure on economic development is more pronounced as compared to other traditional infrastructure. A modem network contributes to … Read more