Dr. Kaushik Sridhar

economic growth

ESG – What does it mean?

Reading Time: 3 minutes First published on Pro Bono News What does it mean? ESG refers to the environmental, social, and governance practices of an investment that may have a material impact on the performance of that investment. The integration of ESG factors is used to enhance traditional financial analysis by identifying potential risks and opportunities beyond technical valuations. …

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“Lives or Livelihoods” – The social cost of COVID-19

Reading Time: 4 minutes Theodore Roosevelt once said, “The more you know about the past, the better prepared you are for the future.” The Coronavirus (COVID-19) pandemic has created a moral crisis for policy-makers struggling to choose between “lives” and “livelihoods”, “mortality or poverty” i.e. between mitigating the public health fallout and averting an economic depression. This article is …

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Money Makes the World Go Round, or Does It?

Reading Time: 2 minutes Comparing rates of happiness across countries can be tricky, given cultural, economic and social differences that testing may not capture. However, while some “outliers” defy the idea that wealthier nations are happier – Nigeria is very happy; Japan, not so much – other factors, such as age, marriage and jobs, regularly show up in happiness …

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Is Money the Root of Happiness?

Reading Time: 2 minutes Economics may be a great science for understanding numbers, but it does a poor job of predicting wellbeing. “When income exceeds a certain threshold, it no longer brings more happiness,” according to the “Easterlin paradox.” Within a country, the rich are generally happier than the poor, but that’s not true over time or in comparisons …

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A Thirsty World!

Reading Time: 2 minutes The global appetite for energy is immense – and growing. Each day, the world consumes “85 million barrels of oil, 240 billion cubic feet of natural gas, 14 million tons of coal and 500,000 pounds of uranium.” The numbers are growing. Given China’s awakening economy, soon mankind’s thirst for oil will surpass 1,000 barrels a …

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