Should we be worried about how technology is changing the human condition?

Synopsis: Fears about algorithms designed for addiction, advances in AI are grounded in recent revelations about corporate greed and government surveillance. Why expecting the social media corporates to self-regulate themselves is an absurd idea? Inaction of social media corporates: Social media corporates are well aware of the moral uncertainty towards the consequences of their products… Continue reading Should we be worried about how technology is changing the human condition?

Explained: The Ease of Doing Business rankings controversy 

Synopsis: Recommendations to improve the ranking methodology employed by now scrapped Ease of Doing Business index report.  Introduction  Few days ago, the executive board of the International Monetary Fund (IMF) backed its Managing Director, Kristalina Georgieva, stating full confidence in her. The purpose was to end the long and increased questioning about Georgieva’s role in manipulating… Continue reading Explained: The Ease of Doing Business rankings controversy 

Taxing multinationals

Synopsis: Global agreement on taxing multinational corporations and way forward for India Introduction After several years of negotiations, 136 countries, representing over 90 per cent of global output, finalised the agreement last week to tax multinational corporations. Since almost all members of the OECD’s framework on base erosion and profit shifting have agreed, tax avoidance… Continue reading Taxing multinationals

Lessons from the death of the ease of doing business index

Synopsis: This article explains issues and problems associated with the Ease of Doing Business report, why it gained so much importance, and should we reform the index or bring a new one in its place? Introduction The Ease of Doing Business Index (EoDB) is dead. The flagship product created by the World Bank came under… Continue reading Lessons from the death of the ease of doing business index