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For starters, what is globalisation ? And is there a metrics that can help us measure the level of globalisation ? The standard acceptable definition of Globalisation is that, it is a process that has enabled interconnectivity, thereby increasing trade and exchange of ideas as well as cultural experience among other things. Globalisation, as a
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How to best capture, assess or measure the overall economic activities of a modern nation state is an extremely challenging and complex task. The way, we assess and estimate economic data needs an update, as the existing tools aren’t able to capture the full picture,creating gaps. Also, what specific set of economic data is more
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The QE along with the ultra low rates, as a loose monetary policy did what it had to do, during the crisis and also in the immediate aftermath, but the temporary measure also made the market somewhat irrational, and then came a time when markets got addicted to it, and kept on going higher regardless
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The average daily cost of a prisoner to the US tax payer is roughly around US$ 65 per day, and then there are additional costs related to reoffenders costing the tax payers billions annually. For example, the cost of reoffending to the UK tax payer is estimated to roughly around £ 13 billion annually. And
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In the immediate aftermath, by agreeing to buy Euro 60 billion worth of public and private securities on a monthly basis until September 2016, under its recently launched quantitative easing ( QE ) program, the European central bank (ECB) has quite clearly distorted the market. Also the initiative has given once in a life time