Subordinate financialisation in developing economies

Rapid financial globalisation is due not only to financial innovations, but also to choices made by national policymakers, often with naïve expectations, trusting promoters' promises of steady net inflows of financial resources.Rapid financialisation has involved fund or asset investment managers operating internationally, managing assets for transnational institutional and retail investors...

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Economics of India's mission to the moon

The USA created a headline story in the sixties by sending humans to the moon. However, Russia (then USSR), Japan, China, and the European Space Agency made visits to the moon via probes. India's Chandrayaan-2 was on a mission to place India in this elite space club. Despite its failure,...

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