Notes and Study material for Exams
The Capital Account Deficit: A Deep Dive into the Dynamics of Global Finance The global economy operates on a complex web of interconnected financial flows. One crucial aspect of this intricate system is the capital account, which tracks the movement of financial assets between countries. When a country experiences a capital account deficit, it means … Read more
The Balance of Payments Surplus: A Sign of Strength or a Warning Signal? The balance of payments (BOP) is a record of all economic transactions between a country and the rest of the world over a specific period, typically a quarter or a year. It essentially tracks the flow of money into and out of … Read more
The Balance of Payments Deficit: A Comprehensive Guide The balance of payments (BOP) is a record of all economic transactions between a country and the rest of the world over a specific period, typically a quarter or a year. It essentially tracks the flow of money into and out of a country. A balance of … Read more
The Fixed Exchange Rate: A Balancing Act Between Stability and Flexibility The exchange rate, the price of one currency in terms of another, plays a crucial role in the global economy. It influences trade, investment, and the overall economic performance of nations. While floating exchange rates, determined by market forces, are the norm in today’s … Read more
The Dance of Supply and Demand: Understanding Floating Exchange Rates The global economy is a complex web of interconnected markets, and one of the most crucial elements in this web is the exchange rate. This seemingly simple number, representing the value of one currency against another, holds immense power, influencing trade, investment, and even the … Read more
Well and Tube Well Irrigation: A Vital Lifeline for Agriculture Agriculture, the backbone of many economies, relies heavily on irrigation to sustain crop production, especially in regions with limited rainfall. Well and tube well irrigation systems have emerged as crucial tools for ensuring water availability and enhancing agricultural productivity. This article delves into the intricacies … Read more
Green Box Subsidy A green box subsidy is a type of agricultural subsidy that is considered to be non-trade distorting. This means that it does not have a significant impact on agricultural production or trade. Green box subsidies are allowed under the Agreement on Agriculture of the World Trade Organization (WTO). General Services Research programs … Read more
The WTO and Agricultural Subsidies: A Complex Dance of Trade and Politics The World Trade Organization (WTO) plays a crucial role in regulating international trade, aiming to create a level playing field for all participating countries. However, the issue of agricultural subsidies has proven to be a contentious and complex area within the WTO framework, … Read more
What is an Export Subsidy? An export subsidy is a government policy that provides financial assistance to domestic firms that export their goods and services. This assistance can take many forms, such as direct payments, tax breaks, or government-provided insurance. The goal of export subsidies is to make it more profitable for domestic firms to … Read more