The coordinated fiscal stimulus across the G20 economies should improve upon the 2008-2009 experience through focussing more on the composition of fiscal spending with greater priority accorded to human capital development, most notably healthcare. Apart from targeting short-term exigencies, the stimulus should also address longer term vulnerabilities, including the undersupply of healthcare services on a […]
India is one of the world’s fastest growing large economies, sometimes being touted as a potential economic and geopolitical counterweight to China. Recently, however, its growth fell to its slowest pace in six years. So what’s causing this slowdown, and how can it be reversed? CNBC’s Tom Chitty explains.
A century ago, Argentina was one of the 10 richest countries in the world. Since then, however, a long series of economic crises have made it the only nation in modern history to regress to developing country status. CNBC’s Sam Meredith explains what is behind its boom and bust cycle.