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Category Archives: Global Economy

Declining GDP and Shattering Household Income. What Does GDP Drop Mean for a COMMON MAN?

Let us define a COMMON MANby linking the famous cartoon of RK Laxman. The above picture (courtesy: RK)is a clear caricature of a COMMON MAN.  Do not ask how many cars he got and how well he has been employed.  He used to go on foot years back but later moved to bicycle and of late he uses public transport or two-wheeler.  If somebody offers coffee or tea, he takes it with a big sense of gratitude.  He never snatches anybody’s livelihood.  His income is meager, and he can be an agriculturist, Read more [...]

Donald Trump and the Global Economy – Quick Overview of the Proposed Policies as Outlined by the President elect?

Donald Trump was elected as the 45th US President on November 8, 2016, and is stated to take office as the President of the United States on January 20, 2016.  The new US President elect Donald Trump has proposed many new policies for running the government, which have generated curiosity among the global investors.  Experts suggest that these policies may prove to be costly, and not just to the US but to the overall global economy.  Most importantly, the global trade scenario is expected to drastically Read more [...]