News Of Manipulation Of World Bank s Doing Business Report Shocking: Kaushik Basu outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
Three warnings for emerging economies
Jun 28,2021 - Last updated at Jun 28,2021
ITHACA The World Bank’s Global Economic Prospects (GEP) report, published twice a year, is the most important source for evaluating the current and future outlook for emerging markets and developing economies (EMDEs). The recently released June edition is especially significant because of the warnings it contains.
Someone reading this report too quickly could easily miss the bad news, because, as with all publications by international organisations, it comes sugarcoated. That is the responsible thing for the World Bank to do: Avoid causing alarm. But policymakers should heed the important cautionary messages buried in the text.
Three warnings for emerging economies jordantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jordantimes.com Daily Mail and Mail on Sunday newspapers.
For a post-nationalist Biden
Dec 31,2020 - Last updated at Dec 31,2020
ITHACA – The first step in establishing an authoritarian culture in a country is to train its citizens to misread statistics. This is actually not hard to do; the rest is smooth sailing. Luckily for the United States, President Donald Trump will leave the White House in January before the curriculum could be completed.
To be sure, the Trump administration’s handling of the statistics and science of the COVID-19 pandemic severely harmed people’s health and the economy. But President-elect Joe Biden is expected to reverse many of Trump’s follies and foibles and boost the economy, starting with helping those on the bottom rungs of the income ladder, who have been hit hardest by the pandemic.
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New Delhi: Kaushik Basu, one of Indiaâs top economists, has been critical of the three new farm laws passed by the Modi government, calling them âflawedâ and âdetrimental to farmersâ.
But turns out, Basu, as Indiaâs Chief Economic Advisor in the UPA government, had favoured similar if not the same reforms.
Over the last few days, Basu has trashed the reforms on Twitter and also in a newspaper article.
“Our agriculture regulation needs change but the new laws will end up serving corporate interests more than farmers,” he said in a tweet.
Iâve now studied Indiaâs new farm bills & realize they are flawed & will be detrimental to farmers. Our agriculture regulation needs change but the new laws will end up serving corporate interests more than farmers. Hats off to the sensibility & moral strength of Indiaâs farmers.