CAN THE RED DRAGON’S BELT AND ROAD INITIATIVE (BRI) IMPROVE THE DEVELOPING WORLD?

By Saloni Gala and Diva Sheth | Edited by Aman Kayal and Ruth D’souza The pioneering One Belt, One Road Initiative (OBOR) aims to boost intercontinental and strengthen regional cooperation among countries in Asia, Europe and Africa. In order to promote international trade and open up new markets, the OBOR policy envisions a maritime Silk…

IS DIGITAL TRANSFORMATION A PATHWAY TOWARDS ECONOMIC DEVELOPMENT?

By Ishan Binod and Alancia Menezes | Edited by Ikshita Jain and Khushi Shah For: “We went from being the Flintstones to the Jetsons in 9 months” -Dan Schulman, Paypal Commenting on his company’s digital transformation during the Covid-19 pandemic. The economies of the world have been subjected to a multitude of changes over the…

Consumption Binge: A facade

Written by Ruth D’Souza and Ayushi Ghosh | Edited by Drishti Rana and Ashna Ranade For: Although the word binge is often seen in a negative light, being portrayed as a sign of over indulgence of excess, the consumption binge doesn’t necessarily work the same way for the economy. A simple calculation of consumption is…

Technology and Globalisation is destined to drive up Inequality

By Shania D’Souza and Kushi Naidu | Edited by Drishti Rana and Kripa Jalan FOR Globalization and Technology go hand in hand when it comes to inequality.  Let’s delve into this, by breaking it down into 2 areas – Rising inequality and Unequal Skills.  So, why is inequality increasing? One of the problems of increasing…

Climate Change Necessitates Interplanetary Expansion

By Aashni Rebello and Abhinav Nath Jha | Edited by Nisha Gokhale and Samarth Khanduri Many people have the wrong impression that inter-planetary expansion is an expensive ‘escape’ from earth’s problems. In reality, it is a way of diversifying human footprint and a long-term means of survival. Space exploration can aid us in solving some…

Fat tax can make a nation Healthier

By Nikita Monis and Atiyah Krishnan | Edited by Kripa Jalan and Ashna Ranade Proposition (by Nikita Monis) The fast-food industry has grown tremendously in the last decade and so has the consumption of it, but have you ever wondered what impact do these fast foods have on our bodies? It is observed that junk…

Will the Indian Economy reach Upper-Middle Income Status by 2038?

For the Motion – Ayushi Ghosh When in conversation about our country’s economy, one is often met with clicking tongues and disappointed nods. Amidst rising fuel prices, falling GDP growth rates and the economic setbacks that came with the pandemic, the future of our economy seems bleak to the ordinary man. There may, however, be…

Farm Laws: A Viable Decision?

For Indian Agricultural Acts 2020 – Krisha Gandhi The controversial farm laws have been a cause of indignation and discord among many since their introduction in September. People have largely split into two opposing factions, with each citing their own reasons for standing in solidarity or disagreement with the laws. The matter has received too…

Should Governments Fight a Recession With Spending Hikes Or Tax Cuts?

For Spending Hikes – Mehak Singh A recession implies significant decline in overall economic activity, usually due to a drastic drop in spending and has widespread effects such as unemployment, lower wages, and lost opportunities. So how exactly should the government wrap its head around these mammoth issues? The very nature of recessions suggests that…