Post Tagged with: "COVID Economic Crisis"

Crisis Management: Post Pandemic – With a System of Justice (Part – III)

Crisis Management: Post Pandemic – With a System of Justice (Part – III)

In previous article (Crisis Management Part (II)), (Read Part I) I have started discussing the concept “Interest Free Loan” which will be an important alternative Banking Principle to be discussed and implemented in a country whose GDP is -23.9% due to lockdown and the downfall of its economy was in discussion from couple of years. Interest Free Loan is the[Read More…]

by October 1, 2020 Life/Philosophy
Arun Kumar, Economist and author

Economy May Not Recover Back to Where It was in January 2020: Prof. Arun Kumar

Interview with Prof. Arun Kumar by Mohd. Nuashad Khan       What’s your take on the free fall of the GDP? Is it because of the pandemic or something else? I am surprised that the decline in GDP in Q1 is given as 23.9 per cent. It should have been much more because the unorganised sector which is 45 per cent[Read More…]

by September 21, 2020 India
The virus may kill, but your problems are man-made

The virus may kill, but your problems are man-made

The COVID-19 virus gets the blame for almost every problem we are facing today. We are too focused on the temporary immediate problem caused by the virus and don’t pay any attention to deeper and more dangerous systemic problems. It is a natural human tendency to pay more attention to acute problems that appear suddenly than slow-developing problems that develop[Read More…]

by July 14, 2020 World
Co Dependence Day

Co Dependence Day

They’ll be shooting off the fireworks, eating and drinking like ‘ Ants at a picnic’ and sending ‘ Social Distancing’ out the window. Why not? It’s July 4th once again, a time to celebrate. Celebrate what? This pandemic is showing its teeth once again, the economy that Trump needs to be vibrant (for his biggest ‘ Deal’) going down the[Read More…]

by July 4, 2020 World
Large majority of Americans say U.S is a mess, finds new poll

Large majority of Americans say U.S is a mess, finds new poll

A new Yahoo News/YouGov poll shows that no matter how polarized they might be politically, Americans finally seem to agree on something: that everything about America is getting worse. In his 1989 farewell address, President Ronald Reagan famously described the United States as a “shining city on a hill” — a beacon of hope and a model for the rest[Read More…]

by July 3, 2020 World
Impact of COVID-19 on the International Economy

Impact of COVID-19 on the International Economy

The World Health Organization (WHO) first announced COVID-19 as a world health crisis in January 2020. Since the virus was first diagnosed in Wuhan, China, it has been actively discovered in over 190 countries.[1] In early March, the point of convergence of infections transferred from China to Europe, especially Italy and Spain, but by April 2020, the virus was all[Read More…]

by June 17, 2020 World
The Great Depression, Coronavirus Style

The Great Depression, Coronavirus Style

Many economists believe that a recession is already underway. So do millions of Americans struggling with bills and job losses. While the ghosts of the 2008 financial crisis that sent inequality soaring to new heights in this country are still with us, it’s become abundantly clear that the economic disaster brought on by the Covid-19 pandemic has already left the initial shock[Read More…]

by May 29, 2020 World