Economy

Financial Sector Reforms

The following are subtopics of financial sector reforms: Banking sector reforms Insurance sector reforms Non-banking financial companies (NBFCs) reforms Payments and settlement systems reforms Financial literacy and inclusion reforms Regulatory reforms Supervisory reforms Corporate governance reforms Anti-MoneyMoney laundering and combating the financing of terrorism (AML/CFT) reforms Financial stability reforms Financial InfrastructureInfrastructure reforms Financial technology (FinTech) … Read more

Washington Consensus

The Washington Consensus: A Neoliberal Blueprint for Development? The Washington Consensus, a term coined in the early 1990s, refers to a set of ten economic policy recommendations that emerged from the International Monetary Fund (IMF), the World Bank, and the US Treasury Department. These recommendations, largely based on neoliberal principles, aimed to guide developing countries … Read more

LPG Reforms

The following are the subtopics of LPG Reforms: Pricing Reforms: These reforms aim to make the prices of petroleum products more market-based. This will help to reduce subsidies and improve efficiency in the oil and gas sector. Distribution Reforms: These reforms aim to improve the efficiency of the petroleum products distribution system. This will help … Read more

New Economic Policy (NEP) -1991

The New Economic Policy (NEP) of 1991: A Turning Point for India The year 1991 marked a watershed moment in India’s economic history. Facing a severe economic crisis, the country embarked on a path of liberalization and globalization with the introduction of the New Economic Policy (NEP). This policy shift, driven by a confluence of … Read more

Globalization

Here is a list of subtopics on GlobalizationGlobalization without any description: Globalization of trade Globalization of finance Globalization of production Globalization of services Globalization of technology Globalization of culture Globalization of education Globalization of health Globalization of the EnvironmentEnvironment Globalization of politics Globalization of governance Globalization of law Globalization of ethics Globalization of religion Globalization … Read more

Privatization

Privatization: A Global Phenomenon with Diverse Impacts Privatization, the transfer of ownership and control of assets from the public sector to the private sector, has been a prominent feature of economic policy in many countries over the past several decades. This shift from government-controlled entities to private businesses has been driven by a range of … Read more

Economic Reforms 1991

The 1991 Economic Reforms: A Turning Point for India The year 1991 marked a pivotal moment in India’s economic history. Facing a severe balance of payments crisis and a stagnant economy, the country embarked on a series of radical economic reforms that fundamentally transformed its economic landscape. These reforms, collectively known as the “1991 Economic … Read more

Liberalization

The Unfolding Tapestry of Liberalization: A Global Perspective Liberalization, a term often associated with economic reform, encompasses a broader spectrum of societal transformations. It signifies a shift towards openness, freedom, and individual agency, impacting various aspects of life, from trade and finance to social norms and political structures. This article delves into the multifaceted nature … Read more

Economic Crisis of 1991

The Economic Crisis of 1991: A Turning Point in India’s History The year 1991 marked a watershed moment in India’s economic history. The country, once a beacon of socialist ideals, found itself teetering on the brink of an unprecedented economic crisis. This period, often referred to as the “Balance of Payments Crisis,” was a culmination … Read more

Inclusive Growth

Inclusive Growth: A Path Towards Shared Prosperity The concept of “growth” has long been a cornerstone of economic policy, often measured by metrics like GDP growth. However, in recent years, a growing awareness has emerged that simply focusing on aggregate economic expansion is insufficient. The need for inclusive growth, a model that prioritizes equitable distribution … Read more

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