In reaching an apt conclusion to the debate, it is important to understand the scenario that has been projected by this question. First, this displacement of labour is by way of automation. The process of automation, in such early years, is not capable of mirroring the creative, interactive and managerial capabilities that humans possess, therefore …
Author Archives: rishivarghese
What is the state of the World Trade Organization?
The World Trade Organization, formed as a globalist incentive at the Bretton Woods conference of 1944, has already been held crippled to the isolationistic approaches of America during the times of the League of Nations. In modern day, it is yet again at the mercy of decaying international relations. America is currently embroiled in a …
Continue reading “What is the state of the World Trade Organization?”
A Brief on the Bond Market(inspired by N.Ferguson)
There are a plethora of ways in which someone can save and make money. And frankly, there are many things one would want to save up for. Whether it is through stocks and dividends, or simply saving in banks, nothing can be of safer investment than into the bond market. It is partly due to that …
Continue reading “A Brief on the Bond Market(inspired by N.Ferguson)”
Have China’s opened gates to trade been beneficial?
Chinese Progression Most of China’s increased share of global trade has occurred after a period of reform in 1978. In this paper, I plan to summarise China’s trade liberalisation efforts during the reform period prior to the WTO. To an extent, it is evident that China transformed from what is still widely assumed to be …
Continue reading “Have China’s opened gates to trade been beneficial?”
Does politics really ruin economics?
In reaching a well-defined verdict to this question it is fundamental to clarify that, in all cases, politics will affect economics. Nevertheless, several debates exist within the focus of this question. Do politicians trigger economic constraint? Is politics required to assume the role of ‘an invisible hand’ to allocate resources in an economy? Does politics …
Assessing a defined strategy for predictions, in Economics
It was the American economist Arthur Bloomfield that once said, ‘a substantial measure of direct control over private capital movement, especially of the so-called hot-money varieties, will be desirable for most countries not only in the years ahead but also in the long run.’ In this article I would like to assess the principle having …
Continue reading “Assessing a defined strategy for predictions, in Economics”
Indian Growth in a Brief Complex
By Rishi Varghese Following a prolonged period of slow and non-liberalistic growth with low levels industrialization and lagging productive capital, the last two decades have proven to be prosperous for the developing economy since India has virtually doubled in economy size between 1980 and 2001. In terms of GDP on a purchasing power parity (PPP) …
Welcome to Economic Relate.
“You don’t start out writing good stuff. You start out writing crap and thinking it’s good stuff, and then gradually you get better at it. That’s why I say one of the most valuable traits is persistence.” ― Octavia E. Butler Welcome to my new blog. My name is Rishi, and despite a profound hatred …
Economics Relate 