Posts

Showing posts with the label gdp

World ----- Agenda 30 and Thinking Beyond Mere Economic Growth. By- Mohit Singh.

Image
Dangers Of Focussing Only On Economic Growth, Which Can Be Harmful To Humans And Environment As Well.  Recent Report By UNESCAP, Survey 2019: Recently a report, 'Survey 2019' was  published by UNESCAP (United Nations Economic and Social Commission for Asia and Pacific) and the theme of the report was 'Ambitions Beyond Growth'. The main aim of Survey 2019 is to focus on ways and methods to make ambitious Agenda 2030 or Agenda 30 of  SDGs (Sustainable Development Goals) successful.  Steps to be Taken: An additional annual investment of $1.5 trillion will be allocated in developing countries of Asia Pacific region, so that they can achieve the set goals of Agenda 2030 of SDGs. In the report, UNESCAP has further added that the developing countries of Asia Pacific region should expand their policies beyond the focus of mere economic growth. The fundamental reason for this is, the countries facing high levels of inequality, unemployment and most importantly e...

Pakistan Gets a Lifeline from IMF. Analysis By- MOHIT SINGH

Image
Finally IMF (International Monetary Fund) delivers $6 Billion Bailout to Pakistan, Approximately 42,000 Crore Indian Rupees.  So before I start I would like to explain one very simple thing regarding "Bailout". When it comes to Bailout then people generally misinterpret it as "Simply Loan", but this is completely wrong. A loan can be taken by anyone, a person or a country which may be financially stable for further development. But when this receiving of money gets this tag "Bailout" then the meaning itself changes. A "Bailout" is giving financial assistance or loan to a "FAILING STATE". So any Loan given to a failing state is termed as Bailout. So, every bailout can be a loan but every loan is not bailout. IMF At a Glance : International Monetary Fund is an international organization which is headquartered in Washington D.C which consists of total 189 countries of which our Lovely India is also a part. IMF was established in orde...