Inflation sometimes is also caused by structural bottlenecks and policies of the government and the central banks. Inflation is one of the most important concepts of the Economy and UPSC aspirants should prepare the topic in detail for Prelims as well as Mains exam...
Second, the relative bargaining power of capital in relation to labour will continue to radically favour capital. This has been the trend for the last two decades. In emerging economies, there will be a race to the bottom as far as sensible protections for labour go. Indonesia has, like Ind...