ECONnect

On Feb 24, 2022, Russia launched a full-scale invasion in Ukraine and was met with stiff resistance from both the Ukrainian people and the world at large. In this episode, we discuss the history of tensions between the two countries and the repercussions that Russia faces for its actions.

The simultaneous increase in price levels and decrease in economic output is called stagflation. This episode explains the meaning, causes and effects of stagflation by looking at the USA as an example.

Many countries have faced severe hyperinflation in the past. This episode explains the meaning, causes and effects of hyperinflation by looking at Zimbabwe as an example.

The Covid-19 pandemic has resulted in record inflation around the world. Inflation hurts consumers, producers, and nations. However, it is a well-known sign of economic growth.

Racism is a social evil, but a harsh reality of today’s world. However, its impact is also felt on the economy of nations. Why does it continue to exist?

The Department of Consumer Affairs has proposed changes to the Consumer Protection (E-Commerce) Rules, 2020. These proposed amendments have not been received well by the business community.

The 47th G7 summit was held in Cornwall, UK, from 11th to 13th June, 2021. A variety of topics were discussed and agreed upon by the seven member countries.

Fuel prices in India are reaching record high levels which is hurting the common man, business firms and ultimately the country’s economy.

A major issue in the mobilisation of labour in India is the increased involvement of women in the labour force. The lack of demand and supply of female workers is a huge drain on our economy and has several causes that are rooted deeply in societal norms.