The recent study of the International Monetary Fund (IMF) came one with a finding that that the major economic theory -- ‘trickle-down theory’ does not work. Although the IMF has not given a conclusion on its findings but the facts which emerged from the research are still very important.
The study showed that the increase in the earning of rich has not shown increase in the overall economic growth rate while the increase in the income of poor leads to its increment.
In this episode of Sarokaar we talked about the current stage of world economy; the on-going investigations of the different causes of economic inequality and try to find out whether there is any economic theory which can claim to eliminate the economic inequality.​
Guests: Nitin Desai (Former Chief Economic Advisor, GOI & Senior Economist) ; Arun Kumar (Professor, CESP/SSS, JNU) ; Anjali Bhardwaj (Secretary, National Campaign for Peoples’ Right to Information (NCPRI)) ; Subhomoy Bhattacharjee (Executive Editor, The Indian Express) ; Tapan Kumar Sen (MP, CPI-M)
Anchor: Amrita Rai