Similar austerity-centric and overall neoclassical economics-based structural adjustment conditionalities were provided ...

Explore the connection between neoclassical economics and neoliberalism, focusing on the shared principles of free markets, lower taxes, and reduced regulation.

Global geopolitical and geoeconomic tensions are intensifying as nations compete for economic dominance and political ...

Structural adjustment programmes underlying firstly IMF, and then later on World Bank were fundamentally based on two models – the ‘Polak model’ and the ‘Swan-Salter model’ – developed during the ...

For much of the last half-century, the study of global exchange rates has been treated as a branch of physics. In the hallowed halls of neoclassical ...

A childhood job at a racetrack taught Kevin Warsh more than he realized about how to amass power. If he’s confirmed as Fed chair, he’ll have to place his riskiest bet yet.

IMF is of the view that India’s national account statistics are based on the outdated base year of 2011-12, which makes the GDP estimates unrepresentative of today’s economy. However, the IMF has ...

Come any Budget (or crisis), the discussion veers towards favouring and opposing Keynesian stimulus, multipliers, and animal ...

This development reinforced India’s global economic standing. Subsequently, policy attention shifted towards the introduction of a range of business-friendly reforms aimed at mobilising private ...

Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private ...

Discover how Oliver Williamson, a Nobel laureate, transformed economic thought with Transaction Cost Economics and influenced policy beyond traditional markets.

THERE APPEARS to be a broad consensus across the different sectors of our society that fiscal deficits are to be avoided.