Author Archives: Paavan Chhabra
Healy Highlight – South Africa company registration
South Africa is one of the most sophisticated and promising emerging markets. With its world-class research and development and an impeccable financial infrastructure, South Africa is the economic powerhouse of the African continent with a GDP of R2.3 trillion (US$309bn), or 30% of total African GDP. According to the...
Hong Kong: Global Hub of the Future
As a global hub, Hong Kong has a pretty impressive resume. Global business surveys have given the following recognitions to Hong Kong: 1. For the 18th year in a row, Hong Kong was named the freest economy in the world 2. Hong Kong is the third largest receiver of foreign...
India’s economic problems
In 2003, Jim O’Neill, a global economist at Goldman Sachs proposed a term BRIC for four emerging markets – Brazil, Russia, India and China. O’Neill believed that these countries possessed immense potential which would ultimately materialize and result in them becoming the most dominant economies by 2050. For India...
Japan’s struggles with Deflation
Japan’s current struggles to rid the economy of deflation are nothing new. As a matter of fact, Japanese governments have been trying to solve this problem for more than two decades now; and unfortunately, they have always fallen short. Consequently, the issue of deflation still haunts the economy and...
Ineffectiveness of India’s Special Economic Zones
In 2005, the Indian Parliament gave its blessings to the Special Economic Zones (SEZ) Act. The idea was to try and emulate the success of the Chinese model which offered investors an operating environment with free market policies like tax holidays and no import duties. Chinese SEZs, consequently, evolved...