Author: Amol Mohite
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How Israel Built Its Defence Economy with Innovation and Self-Reliance?
When people think about a country’s defence sector, they usually picture soldiers, fighter jets, missiles, and military operations. However, defence is not only about protecting national borders. It is also an important part of a country’s economy. The field of defence economics examines how governments invest in defence, develop domestic industries, encourage technological innovation, create…
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Lessons from the 2008’s Global Financial Crisis
The Global Financial Crisis (GFC) of 2008 was the most severe financial shock since the Great Depression. It emerged from the collapse of the U.S. subprime mortgage market, where excessive lending, high leverage, and complex financial instruments such as mortgage-backed securities (MBS) and collateralized debt obligations (CDOs) concealed underlying risks. The bankruptcy of Lehman Brothers…
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Japan’s Social Security and Long-Term Care Policy: A PESTEL Perspective
Japan’s story of ageing is not just demographic it is deeply political, economic, and social. With life expectancy among the highest in the world and nearly 29.4% of its citizens aged 65 or above, Japan has become a “super-ageing society.” According to Arai & Ouchi (2015), this transformation defines every aspect of its social policy.…