The eastern and western half of Europe have a huge gap in the socio-economic sphere. East European countries are plagued by the lack of a social security contract leading to high social inequalities, strong social disintegration, egotistic individualism and extensive destitution and poverty. There has been minuscule progress in addressing
Author: Somya Garg
Somya is currently pursuing an undergraduate degree in economics from Shri Ram College of Commerce, University of Delhi. She takes a lively interest in reading books and behavioural theories. She is planning to acquire a master’s degree in Economics.
NORDIC ECONOMIC MODEL – IS THE GRASS GREENER ON THE OTHER SIDE?
At the time when the world’s richest 1% own 44% of the wealth and the lowest 56.6% people own less than 2% of the global wealth (source), many of the scholars, economists, politicians and policymakers are looking for ways to remedy the situation. In this backdrop, the Scandinavian countries of
INDIA’S DHARAVI THRIVING INFORMAL ECONOMY: A SLUM OF OPPORTUNITIES
Dharavi, one of the world’s biggest slums, lies right in the middle of India’s financial capital. It provides shelter to more than a million people and sprawls over 590 acres. It is home to a large number of thriving micro industries that produce top quality leather goods, wax printed goods,
IS CHINA GETTING AWAY WITH FELONY?
In the 41st session of the United Nations Human Rights Council (UNHRC), 22 countries (mostly western) condemned China’s mass detention of the Uyghur and other ethnic Muslim minority groups. Unpredictably, just a few days later, 37 countries (mostly from Asia and Africa) responded with a letter to the United Nations praising China’s
RESTORATION OF PROTECTIONIST POLICIES IN INDIA
India always had an exasperating tie-in with low tariffs, quotas and restrictions. During 1960-85, it had sky-high tariffs but apparently the policies failed extensively. After it borrowed funds from the IMF in 1991 due to the economic crisis, it was obliged to follow the liberalisation policy and thus the regime
QUALITY EDUCATION IN INDIA: A DISTANT DREAM?
In September 2015, at the United Nations General Assembly Meeting, governments around the world committed themselves to the 17 Sustainable Development Goals (SDGs) to balance the social, economic and ecological dimensions of sustainable development. The SDGs are an extension of the Millennium Development Goals (MDGs) which expired at the end