Browsing: Challenges

    Whitening black money, government steps to mitigate adverse outcomes and challenges

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    The whitening black money scheme — the process of legalizing undisclosed income or assets by paying taxes on them that help individuals and businesses avoid legal consequences — brings money into the formal economy. For instance, the whitening black money scheme brought billions of US dollars to the formal economy in India in 2016. Consequently, different countries

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    A commentary on social change and diversifying political agenda issues in politically troubled countries

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    Changes come in a variety of ways. Legal reforms, policy changes and providing diverse opportunities lead to changes in society. Changes in economic, social and other terms can also come through many other means including the diversification of political agenda issues of the opposition political parties, which play crucial roles, in many countries. Diversifying agenda

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    Budget deficits, government steps and challenges 

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    Different countries approve national budgets. But there are budget deficits, which result in different negative outcomes many times including increased debt and high inflation as governments often resort to printing more money to cover their expenses, in many countries, though their impacts depend on the economic condition of the country and other factors. According to

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