Author Archives: nehanarain

The Big Mac Index

GDP seems to have many flaws, whether it be in our calculations of the figure or our interpretations of it. GDP is used as a measure to estimate the economic welfare in a country; however, if the calculation of this … Continue reading

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The Onion Crisis in India

A good example to demonstrate the forces of demand and supply and the implications of rising prices:  The onion seems to be a “wakeup” call for the Indian economy- the rapid rise in onion prices seems to suggest slow economic … Continue reading

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Shanghai free-trade zone launched

Over the past couple of years, China’s growth has been exponential and China’s GDP is expected to surpass USA’s GDP in the forthcoming years. Shanghai’s new free-trade zone only supports this prediction as the easing of trade regulations in this … Continue reading

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