Category: Opinion

Jeffrey Sachs at the European Parliament: A Call for Pragmatic Global Cooperation

1 March 20252 March 2025 Svetlana M No Comments

In a thought-provoking address to the European Parliament, economist Jeffrey Sachs presented a nuanced perspective on global geopolitics, economic development, and the need for a shift in international relations. His speech covered key themes such as multipolarity, economic justice, the importance of diplomacy, and the need for fairer global financial and trade systems. The Need…

News, Opinion

UK-India Free Trade Agreement: A Vital Imperative for Britain’s Economic Future

27 February 202528 February 2025 Perumal Koshy No Comments

The United Kingdom and India are on the verge of finalizing a long-negotiated Free Trade Agreement (FTA), a deal that could redefine their economic partnership. While both nations stand to gain, Britain—more than India—is in urgent need of this agreement. In a post-Brexit landscape marked by sluggish growth and deteriorating trade ties with the European…

FEATURED, Free Trade, Opinion, TOP STORIES, Trade

The Biggest Global Economic Shift in a Century is Happening NOW!

23 February 202525 February 2025 Perumal Koshy No Comments

The transatlantic alliance is no longer the pillar of global economic power. Once dominant, it now struggles with stagnation, while emerging economies reshape trade, finance, and diplomacy in a multipolar world. For decades, the world was defined by the economic and geopolitical dominance of the United States and Western Europe. Today, that order is unraveling….

FEATURED, Opinion, Politics, TOP STORIES

AI as the New Invisible Hand: Can Algorithms Create the Ultimate Free Market?

5 February 202511 February 2025 Perumal Koshy No Comments

For centuries, economic systems have depended on human decision-making, regulatory institutions, and ideological frameworks to manage resource allocation, production, and distribution. Capitalism uses market forces, socialism depends on planning, and mixed economies attempt a balance. But a new paradigm is emerging—AI-driven economic governance—where supercomputers and real-time data analytics play a central role in optimizing efficiency,…

AI, Data, FEATURED, Opinion, Technology, TOP STORIES

Breaking Bureaucracy: Technology-Driven Deregulation for the 21st Century

31 January 202531 January 2025 Perumal Koshy No Comments

Deregulation, tax reforms, and pro-business policies continue to shape economic discourse worldwide. While governments across developed and emerging economies have undertaken significant regulatory reforms—ranging from the UK’s post-Brexit adjustments to India’s ongoing business compliance simplifications—the conversation around bureaucratic inefficiencies, compliance costs, and regulatory bottlenecks remains critical. One of the most transformative levers of deregulation today…

FEATURED, Opinion, SMEs, Technology, TOP STORIES

Enterprise Development: Exploring the Fifth Wheel of Stakes?

16 January 202528 January 2025 Dr. Mathew P. M No Comments

This article critically evaluates the alignment of industrial policies with public aspirations and their impact on enterprise development. Dr. P.M. Mathew examines the limitations of traditional policy frameworks and the need for evidence-based approaches that engage diverse stakeholders, including governments, financial institutions, and civil society. By highlighting the importance of stakeholder collaboration, development communication, and…

FEATURED, Opinion, SMEs, TOP STORIES

Rethinking Work Hours: The Case for Balance in SME Growth Strategies?

25 November 202425 November 2024 P. KOSHY No Comments

Overwork is more than a health risk—it’s a threat to productivity and sustainability, especially for SMEs. Studies by the WHO and ILO reveal that working 55+ hours weekly significantly raises the risk of stroke and heart disease, with 745,000 deaths linked to prolonged hours in 2016 alone. For SMEs, whose success hinges on human capital, chronic overwork leads to cognitive decline, impaired creativity, and absenteeism. The productivity paradox is clear: longer hours diminish critical thinking and problem-solving, undermining the very qualities that drive innovation and growth.

FEATURED, Human Capital, Opinion, SMEs

Resilient Trade Amid Global Uncertainty: How Intra-BRICS Commerce is Shaping a New Economic Order

23 October 202424 October 2024 P. KOSHY 1 Comment

Intra-BRICS trade has emerged as a transformative force within the global economic landscape, embodying a shift towards greater regional integration and South-South cooperation. The strategic realignment of Brazil, Russia, India, China, and South Africa aims not only to diversify trade portfolios but also to mitigate dependencies on developed economies by fostering stronger intra-bloc economic collaboration….

FEATURED, Opinion, TOP STORIES

Digital Trade and Integration: Towards a BRICS+ Economic Zone

22 October 202424 October 2024 P. KOSHY No Comments

The Digital Economy Partnership Framework lays the groundwork for deeper integration that could lead to a larger economic union. Such a move would represent a significant step in advancing economic integration, enabling free movement of goods, services, capital, and digital innovation across member states. This integration would boost intra-bloc trade, attract foreign investment, and enhance…

Business, E-Commerce, FEATURED, Free Zone, Opinion, TOP STORIES

The Urgent Need for E-commerce Regulation to Protect Small Traders and MSMEs

16 September 202416 September 2024 P. KOSHY No Comments

The rapid rise of e-commerce has revolutionized the retail industry, offering consumers convenience and a wide range of products. However, this growth has come at a cost to India’s small traders and Micro, Small, and Medium Enterprises (MSMEs), who are struggling to compete against large online platforms that often engage in unfair practices. This has…

Business, E-Commerce, News, Opinion, SMEs