Total Posts : 4 posts
Pakistan’s economy is in a tail-spin. We have discussed the impending doom for the Pakistani [https://www.drishtikone.com/terror-hub-pakistans-economic-doom/] economy since 2018. Only its shenanigans and the ability to sell any snake oil to other countries has managed to keep it from fully collapsing. Things are about to
India has followed a different strategy than many other nations in terms of the response to COVID-19. It has been of quick and complete lockdown. Which makes sense for such a large country with that dense a population. If the COVID-19 had gotten out of control, there was enough reason
Global debt has reached a record $182 trillion (2017). Per Vitor Gasper, Fiscal Affairs Department Director (IMF) – India’s debt amongst the lowest in the world – 125% of GDP vs 247% of GDP (China) – including private and public debt. India’s private debt has fallen unlike other economies. Source: Economic
If equality, respect and inclusiveness are on the agenda, the economies will fare better, it’s now a proven fact, Christine Lagarde, Managing Director at IMF, said at the WEF meet.