Covid-19 has laid bare the vulnerabilities of global supply chain, upending the long-established business models of corporations and governments across the globe that took decades to develop. As nations are grappling with containing an invisible pathogen, everything from lithium mines in Chile to semi-conductor makers of China's...
With many countries beginning to emerge from lockdown in the wake of the coronavirus pandemic attention has turned to the economic recovery.
The potential shape of that recovery - U-shaped, W-shaped, V-shaped or even 'square root shaped' - has split economists and strategists. All 50...
Use of cloud collaboration tools increased by up to 600%, with the education sector seeing the most growth as more students are required to adopt distance learning practices.
The work-from-home (WFH) regime has triggered a 630% increase in external attacks on cloud accounts, with...
Bangladesh expects a bigger inflow of foreign direct investment in the days to come as different nations plan to relocate their factories to countries like Bangladesh to bring down cost amid a cash crunch caused by the pandemic, said Commerce Minister Tipu Munshi yesterday. In 2019, the...
The International Monetary Fund said that the global economic outlook has worsened since its latest forecast three weeks ago and the world can expect more waves of financial-market turbulence. Developing nations’ external financing needs probably will be far above the $2.5 trillion that the IMF has previously projected, Chief...
Google defines “globalization” as follows-
Globalization is a process by which businesses or other organizations develop influence or start operating on an international scale.
People have been trading across continents for centuries. The concept of globalization is nothing new. From time...
Foreign direct investment (FDI) in developing countries has a bad reputation. In some discussions, it is presented as tantamount to postcolonial exploitation of raw materials and cheap labour. However, recent data shows that FDI in developing countries increasingly flows to medium and high-skilled manufacturing sectors, involving elevated...
Negative oil prices, ships dawdling at sea with unwanted cargoes, and traders getting creative about where to stash oil. The next chapter in the oil crisis is now inevitable: great swathes of the petroleum industry are about to start shutting down. The economic impact of the coronavirus has ripped through...
The world economy, already "sluggish" before the coronavirus outbreak, is now bound to suffer a "severe recession" in 2020, IMF chief Kristalina Georgieva has warned and said the current crisis posed "daunting challenges" for policymakers in many emerging markets and developing economies. Addressing the Development Committee Meeting...