Introduction Globalization refers to the process of increasing interconnectivity and interdependence among countries and regions through the exchange of goods, services, technology, and culture. Over the last few decades, globalization has become a driving force behind many economic, social, and political changes. While it has contributed to global economic growth and poverty reduction, it has…
Introduction Globalization is one of the most significant forces shaping the modern world economy. It refers to the increasing interconnectedness and interdependence of economies across the globe, driven by trade, investment, technology, and the movement of labor. In India, globalization gained momentum after the 1991 economic liberalization, which opened the country’s markets to foreign investment,…
Introduction Biotechnology is one of the most transformative fields of modern science, driving economic growth and business development worldwide. From pharmaceuticals to agriculture and industrial applications, biotechnology plays a pivotal role in shaping industries, improving productivity, and fostering innovation. In this article, we will explore how biotechnology contributes to economic growth and the ways businesses…
Introduction Innovation is the cornerstone of modern economic development and plays a critical role in shaping the trajectory of societal well-being. It encompasses the creation and application of new ideas, technologies, methods, and processes that drive productivity, competitiveness, and social transformation. In today’s rapidly evolving world, innovation is not just a buzzword but an imperative…
Introduction The COVID-19 pandemic, which emerged in late 2019, caused an unprecedented global crisis, affecting health, societies, and economies worldwide. While the immediate concern was the health emergency, the pandemic also led to one of the most severe economic downturns in modern history. Nations across the globe faced economic contractions, business closures, job losses, and…
Introduction Globalization and liberalization have significantly transformed the Indian economy, driving economic growth, enhancing trade, and improving technological capabilities. India’s economic liberalization, which began in 1991, marked a shift from a protectionist economy to an open and market-driven system. These reforms integrated India into the global economy, leading to increased foreign trade, capital inflows, and…
In the modern world, economic development is intricately linked with social justice. As economies strive to foster equitable growth and provide opportunities for all, financial inclusion emerges as a fundamental building block for achieving both social justice and sustainable development. Financial inclusion refers to the process of ensuring that individuals, particularly those from marginalized or…
Globalization has transformed the world into an interconnected web of economic, political, and social relations. While it has led to unprecedented economic growth, cultural exchange, and technological advancement, it has also intensified global challenges such as economic inequality, political conflicts, environmental degradation, and human rights violations. In such a scenario, international ethics has become the…
The economic crisis in Sri Lanka has been one of the most significant financial and political upheavals in recent history. The small island nation faced a catastrophic collapse of its economy in 2022, leading to widespread protests, food shortages, and a political crisis. While the immediate impacts were most keenly felt within Sri Lanka, the…
Biodiversity and Its Importance Biodiversity, short for “biological diversity,” refers to the variety of life forms on Earth. It encompasses all living organisms, including plants, animals, fungi, and microorganisms, as well as the ecosystems they form and the genetic diversity within species. Biodiversity is not limited to a single area or ecosystem; it spans from…