JEMTEC

  The G20 is a grouping of the twenty largest economies in the world, including both developed and developing nations. Argentina, Australia, Brazil, Canada, China, EU, France, Germany, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, United Kingdom, and the United States make up the G20. Together, the G20 nations account for around 90% of the world's GDP, 80% of its commerce, and two thirds of its population. Traditional concerns like trade facilitation, trade aid, global value chains, and the contribution of trade to employment have given way to new opportunities and problems like excess capacity, rising participation of MSMEs and women in global value chains, trade in services, supply chain security, and corresponding connections between trade and digitalization, health, and the environment. Following covid, inclusive, sustainable, and resilient trade are prioritized. The result documents under the Indonesian leadership once again acknowledge the int...

  Economy and employment are key indicators to measure the growth of any country. India being a developing country is trying to emerge with a mission to become 5 trillion GDP. India has taken various economic and employment reforms to improve the GDP, but at ground level impacts are not in favor.In this article we will discuss how unstable policies are impacting the economy and pushing the millions in poverty and unemployment.    Currently country is passing through stagflation which means slow economic growth and relatively high unemployment. The last time stagflation happened in the United States was in the 1970s. Inflation and economic stagnation, two concurrent factors that can cause wide-ranging economic unrest, are the source of the moniker. Stagflation is a state of the economy where prices are rising, the currency is depreciating, and there is no genuine employment growth. Once it occurs, stagnation is difficult to stop since standard economic techniques have li...