Japan is an island country of East Asia located in the northwest Pacific Ocean. Being a part of the Ring of Fire, the country is prone to earthquakes and volcanic eruptions. It comprises an archipelago of 6852 islands with Tokyo as the capital. It is quite surprising to see that
Tag: Economy
ECONOMIC INEQUALITY: THE UNLIKELY OBSTACLE FOR ASEAN
In the last few years, The Association of Southeast Asian Nations (ASEAN) has become an economic entity that most other countries want access to. ASEAN comprises of ten countries in the southeast region of Asia, namely Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, Brunei, Cambodia, Myanmar and Laos. These ASEAN nations
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
UK’S ECONOMIC TURBULENCE AND WHAT THE FUTURE LOOKS LIKE
The last few months have presented some of the most difficult challenges mankind has ever faced. Throughout the course of time, there have been numerous events that have tested the resolve of humans, and we have more often than not emerged victorious in the face of such arduous difficulties. However,
THE CITY-STATE’S PATH TOWARDS A SMART NATION: SINGAPORE
The city-state of Singapore obtained its formal independence in 1965. Its condition during that period looked completely different from the state that it is enjoying now. Back then, the country was flooded with problems. There was an alarming unemployment rate with the majority of the population under poverty, lack of
INVESTMENT OPPORTUNITIES IN AFRICA: AN OVERVIEW
Africa’s slow progress can be a cause of concern for prospective investors. However, investing in the emerging sectors will long-term benefits to those willing to wait. Strong demographics, rising sectors and abundant resources are some of the long-term growth opportunities. Strive Masiyiwa, chairman of the pan-African company Econet Group, remarked:
INDIA’S GROWING PHARMACEUTICAL SECTOR AND IT’S FUTURE
India is the largest manufacturer of drugs worldwide. According to IBEF, the Indian pharmaceutical sector supplies over 50% of global demand for various vaccines. The government has taken some initiatives to promote the pharmaceutical sector in India. Government hopes, for example, to create a nearly Rs 1 lakh crore fund
CHINA’S POSITION IN THE GLOBAL ECONOMY: THE IMPACTS OF CURRENT TENSION ON TRADE AND WORLD ECONOMY
China is a country located in East Asia with a population of around 1.4 billion, making it the world’s most populous country. It is the third-largest country in terms of area. China’s landscape is vast and diverse. It emerged as one of the first civilisations in the fertile basin of the
INDIAN FOREIGN POLICY REPORT – EDITION #2
The year has been scarred by one of the most significant events of the century. The COVID-19 virus has disrupted more lives than the two World Wars combined. Despite the severity of the disease and the grave threat that it poses, India has faced the virus on a war footing,
HOW IS THE CORONAVIRUS ECONOMY MORE CATASTROPHIC FOR INDIAN WOMEN?
The coronavirus has created a global health crisis, which is claiming human lives, with over 590,000 death as of 17th July 2020 and causing distress worldwide. Adding to that, the IMF has declared a global economic recession, stating it could be as bad or even worse than the recession in 2007 –