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A word that means stacked inequity on one side and stacked privilege on the other was coined by Peter Atwater, a lecturer at Virginia-based William and Mary University but the word has now garnered a negative meaning. The term remains a myth in the Indian context. The economy should persist as the fastest-growing economy on paper and data.
Xi Jinping’s plan to provide infrastructure to the world backfires
Kolkata, Jan 9: Notwithstanding India witnessing a sharp recovery post pandemic on most counts, critiques are still quoting a K-shaped recovery for India, according to Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India. According to Peter Atwatera, a lecturer at Virginia-based William and Mary University, who popularized the term, a “K-shaped recovery” could be described as “stacked inequity on one side and stacked privilege on the other. He said though it is true that the strong […]
A new report by US-based AidData tears China’s enormous Belt and Road Initiative to pieces. The project has mired hundreds of nations in debt, much of which is hidden even from host countries, and the project is increasingly unpopular.