Capitalist Trap for Scientific Advances
Mar 18th 2024, Prabhat Patnaik
There is a paradox at the core of the efflorescence of science that has occurred over the last millennium. In essence this efflorescence has the potential to increase human freedom immensely.
Subtle War at the WTO
Mar 7th 2024, C.P. Chandrasekhar
At the time of writing, the 13th ministerial meet of the World Trade Organisation (WTO) is under way in Abu Dhabi. Among the many issues that are being discussed are two of concern for less developed countries generally and India in particular.
Making Sense of the Latest Consumption Survey
Mar 5th 2024. C.P. Chandrasekhar and Jayati Ghosh
Even though the latest consumption survey is not comparable with earlier surveys, and the full data have not yet been released, some preliminary results point to significant inequality in consumption.
Maldives: Debt and dependence
Feb 20th 2024. C.P. Chandrasekhar and Jayati Ghosh
Maldives is vulnerable to debt distress as the IMF suggests, but that is not a problem to be resolved only by the Maldives government but by an international community that has aggravated the island nation's vulnerability.
Young Scholars Conference Political Economy of Contemporary South
Asia
October 13-14, 2023 | Berkeley, United States
Jun 14th 2023.
Our key theme is the political economy of contemporary South Asia. At the core of these transformations are the fraught and so-called "truncated transition," where South Asian societies are not making the transition from farm to factory, but the rise of informal economies, industrial clusters, in-between agrarian-urban and peri-urban spaces force us to rethink familiar transition narratives and to eschew them in favour of more grounded theories.
Budget 2023-24

Budget 2023-24: Neither growth nor welfare friendly

Feb 8th 2023, C.P. Chandrasekhar

If we ignore the hype that accompanies and follows the presentation of the Centre's annual budget, there are principally two strands in it that have attracted attention.

Budget 2023-24: Ignoring the economy's basic problem

Feb 6th 2023, Prabhat Patnaik

The most outstanding feature of the Indian economy today is the sluggish increase in real consumption expenditure. Between 2019-20 and 2022-23 for instance the per capita real consumption expenditure has grown by less than 5 per cent which is less than the rate of growth of the gross domestic product.

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