Category Archives: World Economy


Asian Development bank defines Microfinance as the provision of a broad range of financial services such as deposits, loans, payment services, money transfers, and insurance to poor and low-income households. In short, Microfinance is providing basic financial services such as Read more…


In recent years, the term ‘Neo-liberalism’ has become a catchphrase and is often used in political debates. The meaning of the word itself has evolved over the years. The basic tenet on which the idea of ‘neo-liberalism’ is based is Read more…


GDP is the total value of all goods and services produced in the economy in a given period of time. You may read: GDP Demystified for a better understanding of GDP. If we use current prices of goods and services to calculate GDP, we Read more…


Derivatives meaning A derivative is a financial instrument that derives its value/ price from the value of another asset, known as an underlying asset. The common underlying assets are stocks, bonds, commodities, currencies, interest rates etc. The basic types of derivatives are forward, futures, Read more…


There are different types of foreign investment. Foreign investors can invest in India either through Foreign Direct Investment (FDI) or Foreign Institutional Investment (FII). Types of Foreign Investment 1) Foreign Direct Investment (FDI) Foreign direct investment (FDI) is when a Read more…


The 2017 Nobel prize in Economic Science has been awarded to Richard H. Thaler. He was a Professor of Economics at the University of Chicago. Thaler has been recognised for his ‘contributions to Behavioural Economics.’ Economists make simplified assumptions about the Read more…


What is Bitcoin? Bitcoin refers to two things. Bitcoin is a digital currency. It is also an online payment system in which bitcoins are used. The idea behind the Bitcoin technology was introduced by an unknown person, under the pseudonym Read more…

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