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The Covid-19 pandemic notified by the WHO in January 2020 was the first challenge of the third decade that hit global growth. Two years later, as the global economy was recovering from the pandemic-induced output contraction, the Russia-Ukraine conflict broke out in February 2022, triggering a swing in commodity prices and, thus, accelerating existing inflationary pressures. This posed the second challenge. Soon after, the third challenge emerged when nations undertook monetary tightening to rein in inflation causing growth to weaken. Monetary tightening also drove capital flows to safe-haven US markets, contributed to rising sovereign bond yields, and depreciation of most currencies against the US dollar. The consequent increase in borrowing costs also stressed high levels of public and private debt, threatening the financial system. Faced with the prospects of global stagflation, nations, feeling compelled to protect their respective economic space, slowed cross-border trade, which posed the fourth challenge to growth.
Economic threshold level is always:
Economics is the study of the administration of scarce resources and the determinants of employment and income.” Definition of Economics was given by:...
Among the options given below, which of the following fishes possess electric organ?
What was the full form of the DPAP programme
Which of the following plant species is used to produce soft rot resistance through protoplasm fusion?
Which of the following is/are not Green House Gases?
1. Nitrous oxide
2. Ozone
3. Sulphur dioxide
Select t...
Among the following options, which weed is categorized as a total root parasite, meaning it relies entirely on its host plant's roots for nutrients and ...
In bryophytes, when gametophytes produce sporophyte without fusion of gametes it is called as
According to Planning commission, Indian region is divided into how many agro climatic zones?
Yellow rust is in wheat crop can be controlled by spraying of which one of the following using 200litres of water as soon as yellow rust is noticed ...