Make Sense of the world
Unique insight from 2,000+ contributors in 80+ Countries
The United Kingdom’s exit from the European single market on January 1 has sent trade in goods plummeting amid much confusion. By contrast, Brexit was carried out in an orderly manner in the financial sector, despite significant movement of trading...
There have been enough commentaries in the past week on the great GameStop affair to fill several editions of Encylopaedia Britannica and possibly Wikipedia as well. The Daily Devil’s Dictionary particularly appreciates an article penned by Alex Hern, the UK technology editor for The Guardian,...
A recent The Economist cover pictured the 46th US President Joe Biden in front of the White House with a cleaning mop. The lead, “Morning after in America,” projects that “The outlook for America looks grim, but that could quickly change.” The venerable publication proclaimed from its...
Since the outbreak of COVID-19, bad news has dogged India on the economic front. By the end of the 2020-21 financial year, which begins on April 1 and ends on March 31, the country’s GDP is estimated to shrink by 7.7%, the biggest contraction since 1952. In the first quarter of the 2020-21...
Markets remain abuzz with fintech applications that have the power to reengineer the financial services world and, significantly, even alter the financial inclusion landscape. Over the recent years, there have been several global adoptions of innovative technologies to fashion new business models...
It's time we all make peace with our planet — you and me, parents, professionals, leaders and the upcoming generation. All of us have to make 2021 the Year of Peace. Here's why: We’re at war with our planet. Even if we declare a truce today and start to live more sustainably, it will take...
In September, India passed three bills that immediately led to protests by farmers demanding to repeal the legislation. The new laws seek to remove the government’s minimum support price for produce that shielded India’s farmers from free-market forces for decades. In allowing the farmers to...
For years, India suffered from what came to be called the “Hindu rate of growth” — a result of Jawaharlal Nehru’s policy choices. India’s first prime minister had a fascination for the Soviet Union and championed socialism. In India, this socialist economic model was incongruously...
As the European Union is approaching the Brexit endgame, the risk of further fragmentation is looming over its already fractured capital markets. The future composition of Europe is not the only force at play. Regulatory divergence, reignition of a trade war between the United States and China,...
Most businesses perish not because of strong competition or adverse macroeconomic conditions but because of cracks within. One such failing is weak corporate governance. For publicly listed companies, this often translates to controlling shareholders or “promoters” pursuing policies and...
In Cambodia, more than 2 million of the country’s 10-million-strong adult workforce hold a microcredit loan. Each of those loans comes to an average of $3,320, or twice the per capita GDP of the country. While microcredit was once considered a useful tool, without a national social assistance...
