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IB Economists Contributor's Guidelines 


At IB Economists, we believe in exploring unique and quality articles received by our viewers. The explorations widely focus on the world economic and financial issues. Through this forum, we aim at voicing everybody's views and be able to evaluate and scrutinize the decisions and policies enforced amongst the entire world. Our vision is to provide opportunities and explore the rising economists, policymakers, entrepreneurs, investment bankers, financial analysts, and others who aim to explore the career in the fields mentioned above.

 

Imagine our world's organizations and institutions run more effectively, productivity and efficiency are enhanced, unemployment is discarded, corruption is eradicated, leaders make wiser decisions, governments and policy markets enforce fair and just laws. If this were to be possible, it is salient to voice out every person's views.


IB Economists cover a wide range of fields, including economic, finance, business, and econometrics. You can also become a contributor by submitting your opinions, articles, and views upon any issues or situations they wish to explore. The contributors are also allowed to comment on news articles, write blogs, research papers, or write upon any desired topic candidly and IB Economists will provide you with space to voice your opinion.


4 Qualities we look at:


  1. Interest: The contributors to IB Economists must portray their attention towards the field via the article. We at IB Economists wish to promote candidates who are highly interested in the field and area of study.

  2. Expertise: All the contributors at IB Economists must attain the sufficient and right knowledge towards the article written. Since at IB Economists, we are non-negotiable towards the quality of work.

  3. Originality: The articles submitted by the contributors must be original and unique. This enhances the quality of the article and also helps make the articles more attractive to the viewers.

  4. Writing: The writing style of the contributors must be anticipating and persuasive to be able to attract the viewer's attention and thus helping the articles gain more significance. 



The articles submitted must range from anywhere from 500 to 4000 words, depending on the writing format chosen. The articles will be evaluated by our editors and will be rigorously checked to ensure the final result of the article maintains sufficient quality standards. Nonetheless, the articles will be edited by the editors and the publisher of the article. The contributor of the article will be accredited for their work. IB Economists will get back to the contributor within a span of 4 weeks, informing them if their article is accepted.


To feature your article, mail us at economistsib@gmail.com.

You will also be required to answer the questions below and email it along with the article.


  1. Title of your submission

  2. Your Name

  3. Your Affiliation (Student, professor, etc.)

  4. Email Address

  5. What is the central focus of your article?

  6. What is new and unique about your article?

  7. What is the source of authority (Either your own or others)?

  8. What are the research methods you have undergone to collect the information?


Please try and keep the answers concise and to the point.

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E - Vehicles get assistance by Delhi government

  The Delhi government has announced an incentive on the purchase of electric vehicles, upto Rs. 30,000 on two wheelers and Rs. 150,000 on four wheelers. The incentive will come in the form of a subsidy which will allow producers to produce at lower costs and therefore are likely to reduce prices for consumers. This will funded by the pollution cess and road tax on fuels. India has very few electric vehicles due to high tariffs on importing electric vehicles and also lack of domestic production. Although Two wheelers have become famous in the country due to previous central government initiatives such as FAME, these initiatives have not been  very effective.  E- Vehicles are beneficial for the environment since they reduce the greenhouse emissions and are also considered to be on average low cost. One of the reasons for a lot of companies to not produce in India was the high cost and less availability of spare parts. This assistance gives the producer an incentive to manufacture in Ind
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Privatization of Indian Railways

The Ministry of Railways has announced that it would be moving towards the privatization of 109 railway routes. The Indian railways are the world's fourth-largest network. The government plans an Rs. 30,000 Crore investment from the private sector.  According to the ministry, the objective of this is to modernize the railway, reduce traveling time, create jobs, and enhance safety along with better experience. The department also stated that the private trains would be equivalent or faster than the already existing trains on the same route.  The private sector will also be responsible for the maintenance and operating of these costs and will have to pay haulage and energy charges to the Indian Railways, and the driver and guard will be from the Indian Railways. The Indian Railways has been a burden on the government due to its losses. The affordable prices of the railways, limit the revenue generated by the government, and privatizing the railway could help ease this bu
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PRICE WAR IN THE OIL INDUSTRY

On 8th March 2020 there was a price war between Saudi Arabia and Russia, which consequently caused 31% price drop (From $31.02 to $20 per barrel). The factor which led to the price war between the two countries is the drop in quantity demand for oil barrels due to the widespread of Coronavirus, subsequently Russia refused to agree with  OPEC to stabilise/fix a price, clearly indicating a non-collusive oligopoly. The price war has caused the oil prices to drastically fall, and has also led to reduction in the world oil supply, which can have drastic effects on the economy because oil is an essential resource for the world, as oil is used for transportation, energy production, cooking and more, without these activities an economy will have major problems in functioning, for instance visualise an economy sustaining without electricity; communicating with other without electricity would become impossible, which can result in an economy down turn. Nonetheless, the reduction
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UK terminates Tampon Tax: A significant and necessary step

Tampons are products used by women during their menstrual cycle. This good could be classified as need, making it essential for survival and something that all women should have access to. UK officially left the European Union on 31st December 2020, and with this its obligation for a 5% tax on tampons was also forgone, the UK could now choose to tax this good according to its will, since the EU did not allow the tampon tax of 5% to be reduced or abolished, however since BREXIT is now complete the Boris led government has made the decision to take a step which was long needed.  The tampon tax raises the price of the good, making it expensive for consumers, and in some cases may also make it unaffordable for poor consumers, which should not be the case since making tampons inaccessible can have multiple adverse effects. Woman who cannot afford these products during their cycle, may feel stressed and depressed, they are less likely to go to work and if they do, they are more likely to be
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RBI INTERVENES AGAINST COVID-19

On Friday, March 27, India’s Central Bank, The Reserve Bank of India reduced the Repo Rate and Reverse Repo Rate in order to tackle the economic slowdown India is facing due to the  coronavirus. India has been under a total lock down and only essential services are open to consumers, this has led to production of a lot of goods and services being put at a standstill since workers cannot travel to their workplace, leading to a shortage of goods and services  forcing many retailers to sell goods at higher prices. The repo rate is the rate at which the commercial banks borrow money from the central bank. The reverse repo rate is the rate at which the central banks borrow money from the commercial  banks, commercial banks may park their excess money there. Both the repo and reverse repo rate are a part of the monetary policy which controls the interest rate and money supply in the  country.  The new repo rate is set at 4.40% and this has been the lowest in the history
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What Does Boycott China Mean for the poor in India?

Throughout May, the situation between India and China at their border. In June, 20 Indian soldiers were killed in a clash at the Galwan valley which led to an escalation in tensions between the two economic and military powerhouses. This sparked anger among the Indians and many, including politicians called for a boycott of Chinese Imports. However, what is not known is if India can live without Chinese goods. China is India’s largest trading partner and India runs a trade deficit with China, which means the value of goods imported from China is more than the goods exported from India to China. The problem with boycotting Chinese goods is that the goods imported from China are to a large extent goods which are cheap but to an extent quality goods, such as mobile phones. Although goods from European and American competitors tend to be better than the Chinese, they are expensive and only a small proportion of Indians can afford them. Therefore, those who are rich are less likely to use g
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On Thursday, 9th April, the Supreme Court of India asked the government to ensure that testing for the coronavirus should be made free by all private labs. The reason for this being that private labs are charging nearly Rs.4500, which many Indian may not be able to afford. Government labs which do the tests for free can do around 15,000 tests a day. By taking this decision the supreme court is making the tests widely available and reducing the chances of spreading the virus. This was an important step because the poor people are more likely to get Coronavirus since they live closely and they should be able to afford these tests. Since these tests become free it will lead to India getting rid of Coronavirus faster which is good for the economy. However, the private labs may not be able to bear the cost of providing everyone with free tests and may have to shut down. Hence the government will have provided them with some other source of support. The court also announced that the g
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