Worlds leading economies

The Confederation of British Industry, or CBI, is urging Britain's Chancellor of the Exchequer Rishi Sunak not to increase corporation tax in his Budget in March, and has called for immediate financial help to see the economy through the current lockdown and an extension to the furlough and business loans programs. … [Read more...] about Sunak considers raising corporation tax

 The 15 executive actions amount to an attempt to rewind the last four years of federal policies with striking speed. Only two recent Presidents signed executive actions on their first day in office — and each signed just one. But Mr. Biden, facing the debilitating coronavirus pandemic, a damaged economy and a riven electorate, is intent on demonstrating a sense of urgency and competence that he argues has been missing under his Republican predecessor. … [Read more...] about On Day One, Joe Biden targets Trump policies on climate, coronavirus

It pointed out that necessity-driven entrepreneurs lack productive and innovative activities which could transform their businesses. In comparison, opportunity-motivated entrepreneurs are more likely to operate in profitable sectors and are expected to add about 17 more jobs in the next five years. … [Read more...] about Roundup: Bridging education gaps can uplift African women entrepreneurs — UN report

It is important to understand that as long as the Government Accounting Standards Advisory Board does not correct this error in the standards for public sector accounting and reporting for mineral wealth, politicians and voters will advocate increasing extraction. This will lead to every bit of mineral being extracted if there are no moral or legal safeguards against such wanton loot. It is essential that as a nation we change our paradigm (https://bit.ly/2LIEJNd) to understand minerals as a “shared inheritance”, not a source of “windfall revenue”. … [Read more...] about Mining in India equals selling the family gold

by Anurag KumarHealth spending is largely viewed as a cost. This is true of Governments and individuals alike. Finance Ministries thinks of health as a social sector expenditure. Individuals avoid paying for health till it becomes absolutely necessary and unavoidable.It would be wise for both, Governments, and individuals to consider health as an investment instead. Individual ‘investment’ in self-care and preventive health yield returns by lowering need for, and spending on curative care. Government investment in health has a strong multiplier effect throughout the economy in addition to enhancing the population’s well-being.The 2021 budget presents an opportunity to mark a departure from the chronic, low public spending on health. Policymakers should take the Covid-19 pandemic as a cue to move health expenditure to a higher orbit. Beyond the immediate need to fund Covid-19 vaccination, it is also a critical juncture where the role and impact of public health funding … [Read more...] about Investing in health is good economics