That the oil age shall not be over because of the exiguity of oil just as the stone-age didn’t end due to the shortage of stones is a phrase which is being used as an opening line, of late, for many of the editorials and articles sprinkled along the vast expanses of World Wide Web. The recent seismic shifts in …
Read More »Political Economy in a Changing World Where the world goes in 2016?
The year 2015 assumed significance from many events; some were positive while some augured ill for the future. But this is far from a simple method to state the condition or group different happenings. When the deal between the P5+1 and Iran was struck, there were jubilations in Iran but Israel and Saudi Arabia could see insidious clouds covering their …
Read More »The Trans-pacific Partnership: The Biggest Trade Deal Ever
President Obama recently came closest to securing the biggest legacy any US president can ever hope for. The United States, Japan and other ten countries, on 5th October 2015, concluded negotiations on the Trans-Pacific Partnership (TPP) — the biggest regional free trade deal in history. If approved, it will set new terms for nearly $28 trillion in trade and investment …
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