Page 3 - Economists

India's rise as high-income developed country 'not guaranteed': Gill

Gill noted that there were only 34 countries which transitioned from a middle-income to a high-income country in the period between 1990-2023, he says

Coalition govt is good for India, says economist Jagdish Bhagwati

Bhagwati spoke on a wide range of issues, including trade protectionism, India's ambition to become a developed country, the middle-income trap, the demographic dividend

UK economy grew more slowly than thought but outlook is improving

Prime Minister Keir Starmer, whose Labour Party won power in July, is seeking to speed up economic growth

Fed's Powell set to speak as economists fret about a policy mistake

Powell is scheduled to address the association at 12:55 p.m

Economists bullish on India, cautious optimism for global recovery: Survey

A majority of chief economists have shown a cautious optimism about the global economy with India's robust performance making South Asia the best performer worldwide, a survey showed on Wednesday. "Easing inflation and strong global commerce are fuelling cautious optimism for recovery but elevated debt levels are becoming a growing concern in both advanced and developing economies," the World Economic Forum said in its latest Chief Economists Outlook. The report, based on a survey of leading chief economists from across the world, highlighted that debt levels and fiscal challenges are placing significant pressure on economies worldwide leaving them vulnerable to future crises. A growing concern is a potential fiscal squeeze, where rising debt-servicing costs limit governments to invest in essential sectors such as infrastructure, education and healthcare. In developing economies, 39 per cent of economists expect an increase in defaults over the next year, the WEF said. Regionwise,

Economists call on MoSPI to reduce time lag for release of GDP data

Nilesh Shah, Member, EAC-PM, MD Kotak Mahindra Asset Management Company Ltd suggested that MoSPI should look for avenues of improvement to ensure data accuracy and reduce time lag of release

Economists urge China to ramp up housing rescue package to propel growth

The years-long real estate slump that's wiped out an estimated $18 trillion in wealth from households has been the single biggest challenge faced by the Chinese economy

The Wharton-INSEAD Duo's Epic Quest of building the BlackRock for Investments in India

Taponeel Mukherjee and Poornima Vardhan are Indexing away Indian Investment Landscape using 75,000 hours of research & 12,000 primary data points.

Who has won the inflation debate - Team Transitory or Team Permanent?

The rift between those who said inflation was transient and those who thought it permanent partly reflected differences over what caused prices to rise in the first place

Budget 2024 is an economists' Budget, says Citigroup MD Samiran Chakraborty

Focus of Budget 2024 is not restricted to railways, defence and infra, but expands to manufacturing and employment to aid human capital growth, said Citigroup MD at 'Budget with BS: The Fine Print'

China's leaders vow to step up policy support for boosting economy

"Macro policies should be strengthened persistently and become more forceful," the Poliburo added, according to the official Xinhua news agency

Budget 2024: Need to think big and do big as incremental approach won't do

The government's lethargic approach of responding to every challenge through a "scheme" is getting tiring

India will be superpower by 2047, but not high-income economy: Martin Wolf

He added that India's size gives It the resources to diversify and upgrade the economy overtime and can become a magnet for FDI

'Humbling moment': Economist NK Singh receives LSE Honorary Fellowship

The awarding of an Honorary Fellowship acknowledges and celebrates those who have made an exceptional contribution to LSE and its global community

Who is Bolivia's President Arce? Former economist who survived coup attempt

Arce, a former economist known for keeping a low personal profile, was at one time Morales' protege and crafted the economic plan for Morales' successful 2005 presidential run

Budget 2024: Boost jobs, stick to fiscal goals, economists advise FM

Economists discussed measures for capacity-driven growth that should be sustainable and the need to push private sector investment and consumption to sustain the growth momentum

The value of a human life

Economics and science have created injustices that legal systems cannot solve. Two looming problems are climate change and ageing societies

Tax burden in UK highest since 1949; election pledges won't bring relief

Election pledges not to raise tax have been common since 1997, when Tony Blair promised not to raise income tax or VAT

Rising India food costs likely snapped inflation downturn in May: Report

The Reuters poll of 50 economists conducted June 5-10 predicted consumer price inflation (CPI) is expected to have picked up to 4.89 per cent last month from April's 4.83 per cent.

Family and factory economics

Transitioning away from industrial norms, the 21st-century economy must prioritise work within families