Financialisation
- Recently, Chief Economic Adviser (CEA) to the Government of India cautioned that financialisation, that is, the dominance of the role of financial markets in public policy, might distort macroeconomic outcomes.
- Financialization is the increase in size and importance of a country's financial sector relative to its overall economy.
- It is a process whereby financial markets, financial institutions, and financial elites gain greater influence over economic policy and economic outcomes.
- It represents the shift from traditional industrial or productive activities (like manufacturing) to financial activities that involve the trading, management, and speculation of financial assets.
- It impacts both the macroeconomy and the microeconomy by changing ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
News Snippets
- 1 Threatened Freshwater Species of Western Ghats
- 2 State Disaster Response Fund (SDRF)
- 3 Industrial Clusters
- 4 Sanchar Sathi Mobile App
- 5 Shikari Devi Wildlife Sanctuary's Designated as Eco-Sensitive Zones
- 6 Indore and Udaipur Achieve Wetland City Accreditation
- 7 BHARATPOL Portal
- 8 State and Union Territory Microsites under the e-Shram Initiative
- 9 Enhanced Certificate of Origin (eCoO) 2.0 System
- 10 Internet Governance Internship & Capacity
