Global Economic Challenges
The modern day global economy is a highly interconnected one. With the increased connectivity the challenges before the global economy has achieved an altogether new dimension. On one hand is the positive impact of instant access to the global information...
Agflation in the Global Economy
The persistent rise in world agricultural prices, which is a major contributing factor in inflation, is known as Agflation.The period 1974-2005 witnessed a continual fall in agricultural prices. World food prices have risen by 75%. Agricultural production is subject to...
Climate Change
Climate change describes a long term variation in the climatic conditions not excluding precipitation and average temperature. Natural internal processes may result in climate change. It may be the outcome of external influences. Consistent anthropogenic variations in atmospheric compositions and...
Role of International Organizations in Global Economy
International organizations provide a common platform wherein representatives from different parts of the world can discuss and evolve solutions for contemporary issues. In common parlance, it is well known as intergovernmental organizations. The World trade Organization, European Union and Council...
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