Economic Policy
248 Threads
Summary of the Union Budget 2024-2025 🔰India’s inflation continues to be low, stable and moving towards the 4% target 🔰PM’s package of 5 schemes and initiatives with an outlay of...
Thread: #BudgetSession2024 In this Budget, #Modi Sarkar has focused on employment, skilling, MSMEs & the middle class. Not going to speak much on #Budget prov. for Infra & other...
India’s biggest economic blunder in 21st century. Read on to understand how arbitrary political decisions can stall the economic growth of country without commoners even realisin...
In this morning’s. U.K. financial services newsletter, Politico’s @JamesFitzJourno previews Rachel Reeves’ expected National Wealth Fund announcement later today. The idea comes al...
fascinating liberal account of Bidenomics as postneoliberalism. from 'neoliberalism as unleashing Big Finance' to 'when you do neoliberalism you dont lose to capital, you lose to...
Government investment in health has declined from ✔️High of 2.14% GDP in 2003 ✔️Low of 1.89% GDP in 2017 ✔️1.98% GDP in 2023 Malaysia’s Investment in Health is insufficient @KKMPu...
I have been thinking about renewable energy and how the US lost its lead. My view is that China has an ideological advantage over the United States because Marxism sees the fall in...
Farage's target of zero net migration relies on the idea that there is a large pool of low-skilled British workers ready and willing to be deployed into crucial sectors to replace...
As a populist, I would call worker wages not keeping up with the value of what they produce to be moral and philosophical, and not mere mechanics. I'm not focused on GDP or shareh...
Finance Bill 2024 is out: · There's a clear effort in the bill to lean more towards Appropriations in Aid than we have seen in preceding Finance Bills · Medium-term Revenue Strate...
Is the BJP MANIFESTO a DISASTER? A study 🧵 https://t.co/xkFYgf9ZB2
There's a mistaken belief that South Korea's industrial policy succeeded because it took an export-oriented approach rather than import substitution. An FT piece cites Hyundai as...
Thread: CONgress Menifesto promises REDISTRIBUTION OF WEALTH! It's puppy Sam Pitroda has exposed hidden agenda of reintroducing INHERITANCE TAX! Today I'm writing this post witho...
China's annual migrant worker survey is out, and, as ever, it's a banger. Just a few of the hits: 1. Migrant employment in the construction sector fell by 6.5 million in 2023, the...
"PM @narendramodi's vision is to make everyone create wealth for themselves. If people can earn on their own, save on their own, buy property, that itself lifts them to the next le...
The UAE & Qatar could make every citizen a millionaire overnight How? By selling their assets abroad & distributing the proceeds equally But Abu Dhabi, Doha & their neighbours in...
“Modi’s biggest macroeconomic priority hasn’t been to juice growth or wages. Instead, he has focused on controlling inflation.. his government..did push through legislation early o...
Shortly after Chinese automotive giant BYD begins construction of Brazil's first electric car factory, neofascist Argentine Pres. Javier Milei announces plans to meet with Elon Mus...
Ben gurion told a joke. Israel was in an economic depression and the Knesset met to find a solution. After an hour of fighting and yelling nobody had any ideas. Then, from the bac...
34 years ago today, riots broke out across the UK against Prime Minister Margaret Thatcher’s outrageous poll tax which forced people to pay a flat tax to fund local services irresp...
1/12 "The new elite project is industrial policy, with a focus on creating national champions," Raghuram Rajan says, adding that "countries will have to relearn the lesson that gov...
The Bank of Japan just raised interest rates for the first time in 17 years. Here are the implications for global markets. 1/ https://t.co/qwGU8YXMYo
1/8 Good FT article: "Beijing has ordered a dozen highly indebted areas, many of them less-developed and far from the coast, to curb infrastructure spending as it tries to unwind a...
‘Terms of Trade favour Rich Nations’ #WTO #AbuDhabi With the reference price for calculation of #Subsidy fixed at the 1986-88 level. #India pitched for a solution but no progress...