India is now the world’s 5th largest economy

Data from the IMF shows India has risen to become the world’s fifth largest economy, when ranked by nominal GDP.India, in this ranking, has leapfrogged France and the UK.Despite its growth, challenges remain, from sustainability to infrastructure. India became the world’s fifth largest economy last year, according to data from the IMF’s October World Economic … Continue reading India is now the world’s 5th largest economy

Deputy Minister: Identification of new export markets in spotlight

By Aygul Salmanova Expansion of export opportunities for non-oil products in Azerbaijan and identification of new export markets are at the center of attention, Deputy Minister of Economy Sahil Babayev told Azernews. Babayev noted that a number of measures are carried out in order to increase the volume of some "Made in Azerbaijan" products and … Continue reading Deputy Minister: Identification of new export markets in spotlight

Dhaka finds itself at crossroads of global, internal affairs

By Khalid Ibn Muneer With changing scenarios across the global spectrum, Bangladesh is increasingly becoming a field of cold confrontation between the East and the West. The competition to spread influence in the region has received new impetus since the beginning of the Rohingya crisis. The Western world is trying to re-establish its influence over Dhaka, … Continue reading Dhaka finds itself at crossroads of global, internal affairs

Nikkei’s 2017 rally papers over missing link: wage growth

Little is afoot in Tokyo to create the sustainable domestic demand-led growth that has eluded the Japanese economy for two-plus decades By William Pesek   If we can discern a “Trump Doctrine” one year in, it’s that a surging stock market absolves all manner of sins. As Russia probes heat up, indictments fly and Donald … Continue reading Nikkei’s 2017 rally papers over missing link: wage growth

Three cheers for Vietnamese privatisation

There is plenty of empirical evidence that privatization is good for corporate efficiency, something even the Vietnamese government acknowledges

The government is floating significant stakes in select state-owned enterprises, including profitable brewers, in a long promised divestment drive By Peter Janssen On December 18, Vietnam kicked off an auction for a 53.6% stake in Saigon Alcohol and Beer Beverages Corporation (Sabeco), brewer of the popular Saigon Beer and 333 Beer brands which claim about … Continue reading Three cheers for Vietnamese privatisation