ScienceGuy

In the circle of family and friends, there has been a lot of discussion about India's poor COVID management. Although I do not disagree with them, the situation could have been managed in a better fashion given the late onset of COVID relative to the rest of the world.

The novel corona-virus continues to puzzle researchers around the world, thereby raising risks to magnanimous scales. However, the good news is that the human efforts are matching its levels as well. One such research was performed by Dr. Daniel Jacobson’s group who utilized worlds second fastest supercomputer at Oak Ridge National Lab in Tennesse and studied around 2.5 billion genetic combinations.

Dollar currency paradigm means that dollar matters a lot in global trade. So suppose, India and Brazil are involved in a bilateral trade whereby India buys oil from Brazil while Brazil buys pharmaceutical drugs from India.

Generally, some of the developed countries (mainly the US) claim that it is the developing world responsible for the current state of emissions and they should be the one held responsible and not the developed countries.

Interestingly in my MSc. essay, I had observed that the direct impact of oil prices are negative on CPI but positive on WPI.

I have been asked several times if my chemical engineering study was useful at all in economies. As I always used to answer, the concepts are omnipresent.

- Summarised from Asian Development Bank's authors A. Abiad, M. Arao, E. Lavina, R. Platitas, J. Pagaduan, C. Jabagat's chapter in  COVID in developing economies