Howdy Economics: Recent Episodes

Rahul Trivedi

So, this is going to be a news podcast where I will be decluttering important events related to politics and economics that greatly impact society directly or indirectly. I am going to cover one or two topics in a single episode.

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In this episode, I am going to talk about how Biden’s presidency is going to impact the India-US relationship. Trump and Modi got along fine because of their shared ideological affinity towards right-wing nationalism and China as their common threat but with Biden, things are going to be different for India and Modi. Listen to this episode and find out more about how Biden's presidency is going to impact the US-India relationship. 

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For the past few months, we have been hearing a lot about making India self-reliant, and the buzzword word “atmanirbharta” has been misused without appropriate context. So, my aim for today will be to shake off the political appeal given to the term and talk about its implications for India in a macroeconomic sense. To explain what is possibly wrong with Modi's atmanirbhar Bharat I will draw some insights from a policy paper published by Arvind Subramanian and Shoumitro Chatterjee.

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From time to time unemployment numbers make headlines in India but most of the time these numbers fade away from the public's eye and no one tries to understand the underlying significance of the matter. So, in this episode, I am going to talk about India’s unemployment issue in a way that you can make sense of it. I am going to examine the past and present conditions of unemployment, employment, and the Labour force participation rate (LFPR) in India because in emerging economies like India Unemployment number alone fail to paint the whole picture. Finally, at the end of the episode, I will talk about the agendas proposed by McKinsey to achieve higher employment growth in India over the next decade.          

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In this episode, I am going to talk about India’s worst quarterly GDP since the country was liberalized in 1991. We are also going to look at how four engines of economic growth are impacted due to the demand shock created by COVID-19. Later in the episode, I am going to briefly talk about sector-wise performance and some of the possible solutions proposed by economists for long term sustainable growth.

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National Education Policy has made headlines on 30th July and it has received both criticism and adulation from various stakeholders ever since it was unveiled by the ministry of education. In this episode, I have briefly talked about the 66-page long document released by the Ministry of education. The critical question we tried to answer wasn't whether one agrees with the policy but it was about how the ideas laid down are going to manifest into reality? I kept the content of the episode limited to primary education for this episode.

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This episode is going to a comprehensive episode about where the world is at the vaccine front. Now I am also going to talk about different types of vaccines and stages of vaccine trial before it comes into the market for public use later in the episode. 

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In this episode, we are going to understand the current Facebook ad boycott and what exactly led to this situation where there was no option available except putting moral pressure on advertisers to pull back their bucks from Facebook. We are also going to look at how this boycott is going to affect Facebook financially and as a brand in the long run.

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Why the US dollar is the dominant currency in the world? What effects Covid-19 pandemic is having on the dollar? Can any other currency replace the status of the dollar or if we more specifically say can china’s Yuan or Euro for that matter replace US dollars as a dominant currency? In this episode, I have tried to explain different factors affecting the mighty dollar's status and COVID-19 is one of them. Tune in to know more about those factors and how they are affecting the dollar.

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I have been noticing something in marketing world from the last couple of months, although I am not a marketer or an insider I have an affinity towards the developments and trends that are happening in the area especially after the lockdown and the thing that got my attention is how these brands, these everyday brands are coping up with Covid-19 situation. Two things have fundamentally changed during the lockdown: first, consumer buying behavior and second their media consummation habit. I have briefly talked about both in this episode. Tune in to listen.   Click on the link below to know more about the media consumption habit during COVID in each generation.

https://www.weforum.org/agenda/2020/04/covid19-media-consumption-generation-pandemic-entertainment/

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This episode is about India’s distorted response to black lives matter and what is fundamentally wrong with that. Why it is very convenient for many Indians to tweet #blacklivesmatter but they can't see the pain of their own people. Are they really just hypocrites or there is something more to it. Tune in know more about the topic.  

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Hongkong, which is an island city in china has been completely rocked by pro-democracy protests for a long time. But you would ask why this is happening? What is the exact issue there? What Beijing wants from it now and how this is all started? In this episode, I have simplified the whole situation by providing the historical context of the matter for you so you can understand it as an outsider.

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In this episode, I have talked about the nationalist movement of boycotting Chinese products from India. I have also talked about a few reasons that are responsible for this movement and the recent outrage.  

listen to the whole episode if you are interested in knowing facts about how much we import from china and if is it economically viable for us to just stop buying from china on a whim.   

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At this critical juncture, we are facing a very difficult question. Should we print more money or should we rely on existing money in the system to support government borrowing? 

This episode is an inquiry into the question itself and our struggle in answering it. This episode is a result of my extensive research and I am really hoping that you like it and understand it.  

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What is a stimulus package?

A stimulus package is a package of economic measures put together by a government to stimulate a sluggish economy.

So, as part of those economic measures FM has introduced a stimulus package of 20 lakh crore which will be used to save the country from a full-blown economic crisis.

Indian economy had been experiencing slowdown even before COVID hit the country. We had seen seven successive quarters of declining GDP growth because of lower consummation demand. Consumer spending in India declined for the first time in more than 40 years in 2017.

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Hello listeners, My name is Rahul Trivedi. I am very excited about my new podcast and what I am going to talk about in it. It's great to have you on my podcast. In this introductory part, I have talked about the objectives of the podcast.