Located at the heart of Northern Eurasia, the Eurasian Economic Union (EAEU) is a Russian-led economic bloc of five countries, which includes Russia, Belarus, Armenia, Kyrgyzstan and Kazakhstan, as member…
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Located at the heart of Northern Eurasia, the Eurasian Economic Union (EAEU) is a Russian-led economic bloc of five countries, which includes Russia, Belarus, Armenia, Kyrgyzstan and Kazakhstan, as member…
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Warfare requires a lot of monetary expenditure, it has a direct relationship with money, and brings about positive trends in the economic graphs. Military spending in various sectors leads to…
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The current industrial development is dubbed as Industry 4.0 or 4th Industrial Revolution. Starting with steam and water power (First Industrial Revolution), we have moved on to a digital revolution…
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Ray Dalio, the founder of Bridgewater Associates once claimed, “A bad year in China is going to be a great year in any other country”. Though the statement itself is…
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Zheng He, an eminent 15th century Chinese explorer, set foot on the northern coasts of Kenya a long time before Columbus discovered the United States. There are records of trade…
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Fiscal prudence, an ever pertinent concept in economics, becomes even more paramount when used for the government budgeting. However, the fiscal prudence in general is mostly trumped by populism, especially…
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Executive Summary Saudi Arabia has a highly oil-dependent economy with trembling growth rates since last few years. It is finding a way to spur a recovery. Vision 2030 has been…
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It was in May 2017 that the Pakistani Prime Minister Mr. Nawaz Sharif attended the Beijing conference on the One Belt One Road (OBOR) initiative. Beijing aims to implement its…
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Study of political arrangements of countries across the globe reveals that most of the central governments generate more revenues than regional/provincial governments. This disparity calls for establishment of revenue distribution…
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The dawn of 21st century introduced a new dynamic in power politics and relationships in the globe. Nations fractured, insurgencies grown, societies faltered, and faiths challenged. The genesis of this…