Finanomics – Economics of Patents

Scientists opening a briefcase in the lab

In last week's edition of Finanomics, I wrote about the need for the waiver of patents for vaccines as well as other covid-related innovations, as that could help end the covid-19 pandemic sooner. Since the last week's post went up the United States Trade Representative (USTR) Katherine Tai, announced that the Biden administration was now willing to support a temporary waiver of TRIPS (Trade-Related...

Riding Piggyback to Power: Decoding the Puducherry Verdict

Riding Piggyback to Power: Decoding the Puducherry Verdict

On 2 May, 2021, the election results to the Puducherry Assembly were declared, which saw the N. Rangasamy led- All India N.R. Congress (AINRC) emerge as the party with the most number of seats.  The AINRC had fought the election under the National Democratic Alliance (NDA) banner along with the Bharatiya Janata Party (BJP) and the All India Anna Dravida Munnetra Kazhagam (AIADMK). The...

Finanomics – Passports and Unicorns

Vaccine Passports Something New The pandemic has enabled ideas and solutions that we would have never imagined in a world without Covid-19. Mandatory isolation, quarantine, lockdown, curfews or stay at home orders, tracking applications (like Arogya Setu), covid bubbles (in IPL and NBA) and travel bubbles between countries - are some of the new solutions and ideas, we have seen being applied. With the...

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