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
International
Measurement of unemployment in India
Measuring the Unemployed: A Deep Dive into India’s Labor Landscape India, a nation teeming with a youthful population, faces a complex and evolving challenge in accurately measuring unemployment. While the official unemployment rate provides a snapshot of the situation, it often fails to capture the nuances of the Indian labor market. This article delves into … Read more
Challenge of Building Democracy
India’s democratic journey began in 1947, following the country’s independence from British rule. As the world’s largest democracy, India’s democratic experiment is unique due to its scale, diversity, and historical context. The process of building a democracy in independent India was fraught with numerous challenges, ranging from managing a deeply divided society to creating a … Read more
Human Rights
Human Rights are commonly understood as inalienable Fundamental Rights “to which a person is inherently entitled simply because she or he is a human being,” and which are “inherent in all human beings” regardless of their nation, location, language, religion, ethnic origin or any other status. The history of human rights can be traced to past documents, … Read more
Remittances
Remittances: A Lifeline for Developing Economies and a Catalyst for Global Growth Remittances, the transfer of money by migrants to their families and communities in their home countries, have become a vital source of income for developing economies. This article delves into the multifaceted world of remittances, exploring their impact on individuals, communities, and the … Read more
India Russia
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> India’s relations with Russia India-Russia relationship has evolved into an equal PARTNERSHIP. The deep roots of this relationship go back to the early 20th century when India was under British rule and the Czars ruled Russia. The Russian Revolution of 1905 inspired Indian freedom fighters. Mahatma … Read more
G7
The G7 is a group of seven major industrialized democracies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The G7 was founded in 1975 as the G6, with the addition of Canada in 1976. The G7 meets annually to discuss economic and political issues of common interest. The G7 has been … Read more
BASEL Norms
The Basel Norms: A Foundation for Global Financial Stability The global financial system is a complex and interconnected web, vulnerable to shocks and crises. To mitigate these risks and ensure the stability of the system, international regulatory frameworks have been developed. Among these, the Basel Norms stand out as a cornerstone, shaping the way banks … Read more
Indian Council for Cultural Relations
The Indian Council for Cultural Relations: A Global Ambassador for Indian Culture The Indian Council for Cultural Relations (ICCR), established in 1950, stands as a testament to India’s commitment to fostering cultural exchange and understanding on a global scale. As a premier cultural organization, the ICCR plays a pivotal role in promoting India’s rich heritage, … Read more