When I switched my thesis from the effect of IMF loans on sub-Saharan Africa to the effect of stock exchanges on sub-Saharan Africa, I thought I was the bee’s knees. After all, who would come up with such a novel topic, or anything remotely related to this? Turns out Joseph Schumpeter, an Austrian economist, discussed
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I have always been very interested in development economics. Institutions such as the World Bank and the International Monetary Fund have bedazzled me, and to that extent I took up subjects such as Development Studies and Development Economics. As my degree comes to an end, and now that I have started looking for internships and
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I have been actively involved in student politics at the Faculty of Economics and Business for 2 years now, beginning in March 2015. Over the years, I have had different colleagues. I have had to work with members from other faculties, collaborate with them on projects, share insights and strategize about what is best for
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President Trump recently announced tariffs on metal and aluminum. Sticking to his major communication channel for all foreign policy, he announced it on Twitter and mentioned “Trade wars are easy to win!”. However, this policy has met been met with a lot of uncertainty, and experts from around the world are afraid of the ramifications.
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Stephen Colbert, Trevor Noah, Seth Meyers and Conan O’Brien are some of the top players in the competitive late-night comedy business. With Trump’s election, the material they have covered has become strongly political, with daily monologues about Trump’s antics. And they are not at fault. Trump indeed has provided fodder for jokes, case in point,
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Some things in life are accepted without any questions, and most  of these relate to social norms. We never wonder why exactly we shake hands when we greet someone. Or for that matter, child marriage was common and accepted, until recently. The point is, society is malleable, and every now and then, there are disruptive
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Often, when we find ourselves confused and going astray, we need a mentor to give us a helping hand. We need someone who can tell us what we should do, how do we overcome a certain problem, and most importantly: We need a friend with whom we can share our problems. This is why we
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The World Bank, one of the biggest Bretton Woods institutions, is the premier institute in global development finance. With 189 countries, it aims to be a ¨knowledge bank¨. Set up after World War II, its aim was to finance development in Europe, and combat the consequences of the large scale destruction in that period. Over
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Time and again, we see different news headlines talking about why aiding development in underdeveloped countries is paramount to betterment of the people. This begs the question, how exactly do we aid these countries? Do we spoon-feed them according to our ideologies? Or is it just monetary aid that they seek, with the government’s operational
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Deception. Cunningness. Manipulation. These divide the world into two kinds of people. The first half likes, and practices these skills. The second half is appalled by the very idea of misleading another person or an institution. The first half is called Machiavellian, whereas the second half is called innocent. So why is it that a
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Malcolm X once said “You can’t have capitalism without racism.” Exactly how much truth is there to the sentence? Is there a link between these two socio-economic concepts, even? Capitalism is an economic concept, which advocates for freedom of opportunities, whereas racism is a social idea which is based on prejudice. At the surface, they
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India has the highest number of domesticated bovine animals, approximately 294 million, making it the largest country in this regard. The husbandry of bovine animals has been the topic of multiple studies, many of which focus on the economic aspects of it. In a landmark study conducted in 1971, Alan Heston showed that there were
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Hi, I am Atma Jyoti, the newest addition to the wonderful team of Rostra. This article is in trying to connect the dots between Sherlock, con artists and economists. Before we jump in, a few words on Sherlock and Patrick Jane. We all know Sherlock. But Patrick Jane, for those who don’t know, is a
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