Youth Policy Review

21/09/2020

In this week’s edition of Homo Economicus, We bring to you the First woman who received the Nobel Prize in Economics. Elinor is an American Political Economist who has made a remarkable contribution to the commons problem by developing renowned approaches and techniques. Her work still dwells in the heart of debates, reminding that communities can sustainably use the finite resources without any regulations.

14/09/2020

In this edition of HomoEconomicus, we bring you a name who created history by becoming the only Indian and the youngest citizen ever to become the Chief Economist at International Monetary Fund- Raghuram Rajan.

During his tenure he made several policies and was later appointed as the 23rd governor of RBI. Check out lastest post to know more!

13/09/2020

Presenting our Interview Series:

Dr. Viral V. Acharya is the C.V. Starr Professor of Economics in the Department of Finance at New York University Stern School of Business (NYU-Stern) and an Academic Advisor to the Federal Reserve Banks of New York and Philadelphia.
Viral was a Deputy Governor at the Reserve Bank of India (RBI) from 2017 to 2019, and was in charge of Monetary Policy, Financial Markets, Financial Stability, and Research. His speeches while at the RBI were released in July 2020 in the form of a book titled “Quest for Restoring Financial Stability in India”.

Click the link below to read Latika and Nicole's interview with Dr. Viral Acharya.


https://www.youthpolicyreview.com/post/interviewdracharya

13/09/2020

"Thrill, exuberance, joy and happiness are some among the many words that millions of Indians would use to describe the IPL season. Millions of dollars are spent in the purchasing of players and forming the perfect team."

Click the link below to read Kavan Shah talk about 'The IPL Auction: How is a Player Valued?' with great insights!


https://www.youthpolicyreview.com/post/the-ipl-auction-how-is-a-player-valued

Thrill, exuberance, joy and happiness are some among the many words that millions of Indians would use to describe the Indian Premier League (IPL) season. The IPL is a professional Twenty20 cricket league launched in 2008 by the Board of Control for Cricket in India (BCCI). The tournament is played....

13/09/2020

"Abraham Accords is a great example of how the people whose lives depend on the decisions of international governments are not even consulted or even considered. With Israel and UAE establishing a formal relationship, Palestine has now become a mere footnote in the Middle-East and Palestinians have been bound to suffer."

Click the link below to read Rishabh Ahuja talk about 'Did Anyone Ask the Palestinians?' with great insights!


https://www.youthpolicyreview.com/post/did-anyone-ask-the-palestinians

When Donald Trump became the President of the United States of America in 2016 he enlisted his Son-in-law Jared Kushner as his Senior Adviser and as the person responsible for leading peace talks in West Asia, or as Americans like to call it, the Middle-East. Kushner, a New York-based real estate ba...

13/09/2020

"JP Morgan Chase & Co. is a premier global destination for professional services in the field of finance and banking. With the ideology of 'The Right Relationship is Everything', the company has established itself as a leading player across the financial sector universally."

Click the link below to read Alisha Gragya talk about 'The Story of J.P. Morgan Chase & Co.' with great insights!


https://www.youthpolicyreview.com/post/the-story-of-j-p-morgan-chase-co

One of New York’s most awe-inspiring glass buildings is a premier destination for both corporate clients and professionals. A conspicuous and bold J.P. Morgan Chase and Co. stands head high on the building facing the metropolitan hub. On entering the company headquarters, what strikes one the most...

13/09/2020

"The peripheral location, geographical isolation, and land-locked nature of the NorthEast region have catered to great geopolitical significance in the domain of insurgency and under-development."

Click the link below to read Nandana talk about 'Looking East: Insurgency in North East' with great insights!


https://www.youthpolicyreview.com/post/looking-east-insurgency-in-north-east

Whilst India has been successful in keeping itself united for 74 years, the North East has fallen prey to instability and underdevelopment. Geographically India's insurgency heartland is inhabited by the sister states of Assam, Meghalaya, Arunachal Pradesh, Manipur, Mizoram, Nagaland, and Tripura, w...

24/08/2020

"Gold plays a critical role in the financial system of countries-specifically in foreign exchange management."

Click the link below to read Shreya Ahuja talk about 'Gold that Glitters is not Gold' with great insights!



https://www.youthpolicyreview.com/post/gold-that-glitters-is-not-gold

The Indian households have an affinity to physical Gold since time immemorial. The Indian household is the largest holder of the yellow metal globally with an estimated reserve of 24,000-25,000 tonnes accounting for 11% of total Gold reserves in the world as per 2019 report of the World Gold Council...

24/08/2020

"Sahukar, ‘Mahajan’, or, ‘Loan Shark’ have always been famous in rural India for providing flexible credit borrowing facilities."

Click the link below to read Pragya Modi talk about 'Of Money lenders & Rural India' with great insights!



https://www.youthpolicyreview.com/post/of-money-lenders-rural-india

Long before the banking system in India existed, the practice of providing rural credit was hitting waves. ‘Sahukar’, ‘Mahajan’, or, ‘Loan Shark’ have always been famous in rural India for providing flexible credit borrowing facilities. The practice is as vicious as it gets. From selling...

24/08/2020

In this article, the author throws light on the complex tryst of India with framing an all-inclusive language policy, and the effects of that history on the NEP 2020.

Click the link below to read Madhav Chadha talk about 'Flaws and Intersections: The Lines of Language Politics in India' with great insights!



https://www.youthpolicyreview.com/post/flaws-and-intersections-the-lines-of-language-politics-in-india

With its recent recommendations of imparting education in regional languages up to class fifth and changes in the Three Language Formula, the National Education Policy (NEP) has sparked off an age-old debate about linguistic chauvinism in India. NEP 2020 tinkers the three-language formula with three...

24/08/2020

"In the middle of the Amazon Rainforests of Brazil, South America, we find an industrial hub, home to a plethora of production units of MNCs and sky-high corporate towers, the 'Paris of the Tropics' or the 'Brazilian Silicon Valley'."

Click the link below to read Soumil Agarwal talk about 'The Brazilian Silicon Valley – A Case Study' with great insights!



https://www.youthpolicyreview.com/post/the-brazilian-silicon-valley-a-case-study

In the middle of the Amazon Rainforests of Brazil, South America, we find an industrial hub, home to a plethora of production units of MNCs and sky-high corporate towers, the “Paris of the Tropics” or the “Brazilian Silicon Valley”. This makes one wonder because, amidst this huge expanse of ...

24/08/2020

"There are various movies - with a range of different themes - that provide a very realistic and compelling depiction of the financial world."

Click the link below to read Kavan Shah talk about 'Think Finance Is Boring? Think Again.' with great insights!



https://www.youthpolicyreview.com/post/think-finance-is-boring-think-again

We can all picture the following scene: it is an early Monday morning at an investment banking firm; employees are yelling at their clients - shoving a stock down their throat - and colorful numbers seem to be running up and down the TV screens that adorn the office. There are papers all over the de...

24/08/2020

"Founded in the wake of the fall of the Ottoman Empire post World War One, the state of Lebanon was established and placed under the French mandate in 1920."

Click the link below to read Rishabh Ahuja talk about 'Geopolitical Ramifications of the Beirut Explosion' with great insights!


https://www.youthpolicyreview.com/post/geopolitical-ramifications-of-the-beirut-explosion

A debt crisis, ailing banking sector, and falling currency coupled with runaway inflation, burgeoning poverty, and unemployment with a refugee problem. Add to this, the strain of dealing with a pandemic and an incompetent and corrupt political class. This is what Lebanon, a country in West Asia, loo...

23/08/2020

"Europe is in an irrefutable turmoil laced with an anticipated 8.3% economy contraction."

Click the link below to read Sarthak Agarwal talk about 'COVID-19 and the 3 Es - Europe, EU, and its Economic Stimulus' with great insights!



https://www.youthpolicyreview.com/post/covid-19-and-the-3-es-europe-eu-and-its-economic-stimulus

Europe - the place that has it all, flickers with a unique charm. One might want to “take a chill pill in Ibiza”, stand and stare at the Alps, or simply wander in the streets of London. But, as with the rest of the world, a new normal lurks on the horizon leaving most nations reeling to restore ...

23/08/2020

"The first rule of sustainability is to align with natural forces, or at least try not to defy them.”

Click the link below to read Shruti Bhardwaj talk about 'The Circular Economy: A Full Circle of Sustainability' with great insights!



https://www.youthpolicyreview.com/post/the-circular-economy-a-full-circle-of-sustainability

"The first rule of sustainability is to align with natural forces, or at least try not to defy them.” -Paul Hawken. The first rule of business is to earn profit because without it, it will die. Henry Ford rightly pointed out that a business that runs solely for profit will also die because it has ...

23/08/2020

"All of us must have heard the saying – don’t put all your eggs in one basket. This wise thought applies to financial investments too!"

Click the link below to read Akarsh Garg talk about 'Don't Put All Your Eggs In One Basket' with great insights!



https://www.youthpolicyreview.com/post/don-t-put-all-your-eggs-in-one-basket

All of us must have heard the saying – don’t put all your eggs in one basket. This wise thought applies to financial investments too! In recent times, we have witnessed great market rallies that scripted a rag to riches story for many investors. In the quest for higher returns, we tend to undere...

19/08/2020

"Scottish economist Adam Smith stated several years ago that humans have unlimited wants, limited resources and alternative uses of those resources indicating towards the perpetual problem of scarcity."

Click the link below to read Shruti Bhardwaj talk about 'The Sharing Economy: A Questionable Trend' with great insights!



https://www.youthpolicyreview.com/post/the-sharing-economy-a-questionable-trend

Co-operation, lending, borrowing, co-creating, exchanging- all these terms lead us back to a common term ‘sharing’. Scottish economist Adam Smith stated several years ago that humans have unlimited wants, limited resources and alternative uses of those resources indicating towards the perpetual ...

19/08/2020

"The bank was making tremendous profits from its lending schemes and was consolidating its place as one of the largest private-sector lenders in the country; however, a crisis was in the making."

Click the link below to read Kavan Shah talk about 'The Yes Bank Crisis: What Can Be Learned?' with great insights!



https://www.youthpolicyreview.com/post/the-yes-bank-crisis-what-can-be-learned

Introduction: From 2004, the year of its inception, to 2015, Yes Bank was one of the busiest banks in India. Founded by Rana Kapoor and Ashok Kapur, the bank was among the top private-sector lenders in the nation and was growing in terms of assets and their returns. The bank was ranked number 1 bank...

19/08/2020

"Before the introduction of the Insolvency and Bankruptcy Code, 2016, India had a labyrinth of rules and laws for companies and individuals to follow when they were insolvent."

Click the link below to read Rishabh Ahuja talk about 'Insolvency and Bankruptcy Code (IBC)' with great insights!



https://www.youthpolicyreview.com/post/insolvency-and-bankruptcy-code-ibc

When India liberalized its economy in 1991, the goal was to ensure that the erstwhile License Raj is dismantled and competition among businesses is increased to boost innovation and efficiency in the economy. Barriers to entry and exit are one of the primary reasons for lack of competition in a mark...

19/08/2020

"Amidst lockdown, when major businesses worldwide are grappling to survive demand shocks, supply chain disruptions, the Ambanis' have shown that people hailing from Gujarat are blessed with incredible business acumen."

Click the link below to read Shreya Ahuja talk about 'Reliance De-Leveraging' with great insights!



https://www.youthpolicyreview.com/post/reliance-de-leveraging

Reliance Industries Ltd. embarked upon its ambitious dream to enter the telecommunication industry in 2010 when it acquired 96% stake in a small player - Infotel Broadband (IBSL). IBSL was a private equity company valued at INR 4800 crores and was the only company to gain broad-band spectrum in all....

19/08/2020

"Policy stability and continuing reforms by the government will act as major reassuring factors for Private Equity investors to invest in India."

Click the link below to read Akarsh Garg talk about 'Private Equity In India' with great insights!



https://www.youthpolicyreview.com/post/private-equity-in-india

After the Walmart – Flipkart deal, the Indian Private Equity (PE) market was buzzing with foreign investors keen to expand operations in India. Recent investments in Jio Platforms by global Private Equity players like KKR, Silver Lake etc. have renewed interest in how PE firms adapt to the Indian ...

18/08/2020

"When it comes to the domain of economics, the issue of global poverty has seen scholars lock horns over its possible solutions."

Click the link below to read Anura Pareek talk about 'Who Will Eradicate Global Poverty?' with great insights!



https://www.youthpolicyreview.com/post/who-will-eradicate-global-poverty

When it comes to the domain of economics, the issue of global poverty has seen scholars lock horns over its possible solutions. Of the varying range of solutions proposed, the most debated one, perhaps, is that of the effectiveness of financial aid and the contribution of affluent individuals in wel...

18/08/2020

"Institutional Investors usually have more advanced and reliable sources of information which ensures that they are ahead of the game and in a better position to analyze securities."

Click the link below to read Anmol Malik talk about 'The Rise Of The Noise Trader' with great insights!



https://www.youthpolicyreview.com/post/the-rise-of-the-noise-trader

With the advent of discount brokers like Zerodha & Upstox and a surge in internet access, thanks to Jio, it has led to an increase in the number of traders, especially from Tier 2 and Tier 3 cities like Ranchi, Chhattisgarh, Chandigarh etc. ICICI Securities has reported an increase of 50% year on ye...

18/08/2020

"The average demand for child po*******hy was 5 million per month in 100 cities, only on the public web, the figures from Virtual Private Network (VPN) and other dark web resources remain unknown."

Click the link below to read Vaidehi Tripathi talk about 'Child Po*******hy: The Dark Side of the Dark Web' with great insights!



https://www.youthpolicyreview.com/post/child-po*******hy-the-dark-side-of-the-dark-web

Trigger warning – r**e, sexual violence, child sexual harassment Globally p**n is a USD $97 billion industry. PornHub, the largest distributor, gets 115 million unique visits each day on an average and the uploaded content on the site adds up to the streaming time of over 170 years. The nationwide...

18/08/2020

"We have the tendency to ignore the present-day currency value to acquire goods and stick to the money’s value as it is."

Click the link below to read Bharathi Jayaraman talk about 'Money Illusion as a Behavioural Aspect' with great insights!



https://www.youthpolicyreview.com/post/money-illusion-as-a-behavioural-aspect

Ever heard your father fretting over the monthly income he earned can’t buy all the necessities at the end of the same month? Have you ever brooded over the snack, your mother bought you earlier and that you can’t get one, now? Thinking of ‘what a rupee can fetch today and a decade before’, ...

18/08/2020

"As a trader, one needs to take everything in account."

Click the link below to read Yukta Sharma talk about 'Stock Exchange and Exchange Rate' with great insights!



https://www.youthpolicyreview.com/post/stock-exchange-and-exchange-rate

The stock market alone is a vast concept and to understand the workings of the stock exchanges around the world, one needs to dive in deep. An interesting subject for many, it makes for a good hobby or an occupation as well. Owing to the numerous stock exchanges around the world which make up the gl...

18/08/2020

"The relationship shared between the adjacent countries is on the hinges of a precipice, sending away strong cautionary signals to India not to provoke Nepal further into the hands of a hostile, aggressive, and increasingly confident China."

Click the link below to read Nandana Bhattacharjee talk about 'Changing Dynamics Of India - Nepal Relations' with great insights!



https://www.youthpolicyreview.com/post/changing-dynamics-of-india-nepal-relations

India - Nepal bilateral ties have undergone drastic changes. Today, the two nations are experiencing strains in diplomatic relations and mutual coexistence, over issues of sovereignty. Moreover, the resolution of the KP Sharma Oli government in Nepal has intensified, as they passed the constitutiona...

17/08/2020

"The Washington Consensus is a model for nations with a privileged majority, starting from a point where all of a country’s population can fend for itself. On the other hand, the Beijing Consensus, while backing societal welfare in theory, barely follows through."

Click the link below to read Treesha Lall talk about 'The Path to Power: The Washington Consensus and the Beijing Consensus' with great insights!



https://www.youthpolicyreview.com/post/the-path-to-power-the-washington-consensus-and-the-beijing-consensus

For years, it was widely accepted that free markets, democratic governing and minimal state intervention were the only ways to attain economic prosperity. These were seen to maximize fortune for a large group of people, if not for the entire population of a country, propel growth at unprecedented le...

17/08/2020

"The historic Apple win where Apple successfully avoided paying $13 billion in taxes to Ireland’s government, substantiates the loopholes present in the system and how companies can unfairly save billions of dollars, if they play the part correctly."

Click the link below to read Pragya Modi talk about 'The Apple Tax Scandal' with great insights!



https://www.youthpolicyreview.com/post/the-apple-tax-scandal

Today, we will read about the ‘Double Irish Dutch Sandwich’ and how big giants such as Apple, Google etc. use it to avoid getting taxed heavily in the United States. The historic Apple win where Apple successfully avoided paying $13 billion in taxes to Ireland’s government, substantiates the l...

17/08/2020

"Given that the structure of an econometric model consists of optimal decision rules of economic agents, and that optimal decision rules vary systematically with changes in the structure of series relevant to the decision-maker, it follows that any change in policy will systematically alter the structure of econometric models."

Click the link below to read Kunal Panda talk about 'Investigating Risk: Rational Gluttony and Market Corrections' with great insights!



https://www.youthpolicyreview.com/post/investigating-risk-rational-gluttony-and-market-corrections

However, behavior and heuristics coupled with empirical evidence point out significant departures from standard normality assumptions of noi

17/08/2020

"The contract labor culture emerged from the early industrialization in colonial times."

Click the link below to read Aksh*ta talk about 'Analyzing the Suspension of Contract Labour (Regulation & Abolition) Act 1970, Uttar Pradesh' with great insights!



https://www.youthpolicyreview.com/post/analyzing-the-suspension-of-contract-labour-regulation-abolition-1970-uttar-pradesh

On 8th May 2020, the Uttar Pradesh (UP) government promulgated the Uttar Pradesh Temporary Exemption from Certain Labour Laws Ordinance 2020, for exemption from compliance of most labor laws, for a period of 3 years, on the grounds of incentivizing investment and recovery of economic activity in the...

17/08/2020

"Xu entered into this billion-pound project to establish the ABP RAD as the channel to reach the European and Asian market, and so, he was not disinclined about the shrinking Chinese investments."

Click the link below to read Bharathi Jayaraman talk about 'His Arms Akimbo, Xu onto His Next Plan?' with great insights!



https://www.youthpolicyreview.com/post/his-arms-akimbo-xu-onto-his-next-plan

Even since Xu Weiping visited London in 2008, he contrived a potential project in the docks near River Thames just like the Canary Wharf. Wh

17/08/2020

"People like to believe in the old age dictum – ‘spare the rod and spoil the child’, there is no proof of beaten and bruised children growing up into responsible citizens any more than those who were spared the rod and brought up in a loving and nurturing environment. A conversation is not substitutable for a rod. Corporal punishments cause children to seek revenge, harbor resentment, lose trust and respect for the teacher who physically punishes them, and may even lead them to seek violent means of retribution."

Click on the link below to read Vaidehi Tripathi talk about ‘Oppression in Second Homes: A Policy Perspective on Schools’ with great insights!



https://www.youthpolicyreview.com/post/oppression-in-second-homes-a-policy-perspective-on-schools

A school plays a very important role in molding a child’s developmental years. For many, it’s an escape from chaotic households, while for others, they are doors to endless opportunities. But recently, we have seen practices of corporal punishments, power distancing, and command - control method...

17/08/2020

“This is how Jordon Belfort launched Steve Madden in the market.”

Youth Policy Review brings to you our all new venture- FinFocus. Under FinFocus, we will introduce a commonly known term, or a jargon prevalent in Finance in a rather uncommon manner, so as to make the world of Finance both easily comprehensible and interesting for everyone.

To start with, do you want to become a part owner of a growing business? INVEST IN IPOs.

Until next time, stay FinFocused!

13/08/2020

"Similar to the 1986 oil market failure, 2014-16 was one of the largest declines since World War II driven by a supply glut."

Click the link below to read Bharathi J talk about 'The Oil Price War - An Overview' with great insights!



https://www.youthpolicyreview.com/post/the-oil-price-war-an-overview

With oil prices remaining stable for four continuous years from 2010 to mid-2014 at $ 110 per barrel in June 2014, they plummeted to $ 35 per barrel by February 2016. In early 2002 to 2012, quadrupling prices restrained demand significantly. The US imposed a ban on soaring oil imports. The US, with....

13/08/2020

"Alok Industries- the company that went from being bankrupt to producing one lakh PPE kits during a pandemic, all in three years. But how?"

Click the link below to read Iksha Gupta talk about 'Bankruptcy to Revival: The Tale of Alok Industries' with great insights!



https://www.youthpolicyreview.com/post/bankruptcy-to-revival-the-tale-of-alok-industries

Alok Industries- the company that went from being bankrupt to producing one lakh PPE kits during a pandemic, all in three years. But how? Starting from the start, the private limited company was co-founded by Mr. Surendra Jiwrajka in 1986. It is a Silvassa based fully integrated textile company with...

13/08/2020

“A significant debate in India lies over how Aadhaar has been based on its affirmation towards inclusion. Proprietary point out that marginalized fraction of our country, who were previously denied from individual legal identity, now have access to a national identity, e.g., tribal populations in remote areas, transgender individuals, poor migrants, and the homeless.”

Click the link below to read Nandana Bhattacharjee talk about 'Aadhaar: A Breach Of Data Security?' with great insights!



https://www.youthpolicyreview.com/post/aadhaar-a-breach-of-data-security

The creation of a national identity system in developing countries started in the wake of a lack of identity documents. The gap in the availability of official documents created problems like poverty cycle and societal exclusion limiting access to education, health, banking, and opportunities for pe...

13/08/2020

"Vision Fund invested in nearly 70 entities globally, while some investments bore fruit others became a drain of financial resources."

Click the link below to read Shreya Ahuja talk about 'The SoftBank’s Visionary Journey and The Vision Fund' with great insights!



https://www.youthpolicyreview.com/post/the-softbank-s-visionary-journey-and-the-vision-fund

In the mid-1980’s the demand for personal computers surged. There was an immense dearth of software suppliers in the then computer industry. The SoftBank promoter and an ingenious Masayoshi Son saw an opportunity to cater to the growing demand and innovative potential in the software business. He ...

13/08/2020

"China’s Luckin Coffee, Starbucks’ Chinese rival, has been in the news lately for all the wrong reasons."

Click the link below to read Alisha Gragya talk about 'How Luckin Coffee Lost Luck' with great insights!



https://www.youthpolicyreview.com/post/how-luckin-coffee-lost-luck

China’s Luckin Coffee, Starbucks’ Chinese rival, has been in the news lately for all the wrong reasons. After a skyrocket rise on the stock exchange, the NASDAQ- listed company has hit the rock bottom due to potential allegations of fabricated financial figures. Its fortunes tanked as the share ...

13/08/2020

"The motivation for Erdogan's political measure is his religious-nationalist doctrine, with Hagia Sophia as the latest victim."

Click the link below to read Nandana Bhattacharjee talk about 'Is Turkish President Erdogan Soliciting Historical Injustices to Obscure Policy Failures?' with great insights!



https://www.youthpolicyreview.com/post/is-turkish-president-erdogan-soliciting-historical-injustices-to-obscure-policy-failures

Turkish President Recep Tayyip Erdogan made a significant political move with the revocation of the stature of Hagia Sophia from a museum to a mosque. This event once again throws light on how less escapes the lens of political power dynamics, especially public spaces and monuments. For centuries mo...