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Works of Raghuram Rajan- Saving capitalism from capitalists
Capitalism enterprise along with strong political foundation is the growth driver of an economy. Financial markets being the hub for exchange of funds contribute significantly to the economy but their role is often not as easy to understand. Capitalism encourages innovation, entrepreneurship, creative destruction where old ideas are replaced by new fresh ideas leading a way towards greater economic freedom. […]
The BRICS Bank- Is it the solution?
The term BRIC(S), was coined by Jim O’Neill to mark the emerging economies of Brazil, India, Russia, China and South Africa. These economies are expected to be the dominant force of world trade and economic supremacy in the coming two decades and together presently control more than 20% of the world GDP. This share is expected to more than double […]
