9 Matching Annotations
  1. Dec 2023
    1. the GS2 transition was more painful than GS1, and so very likely, the GS3 transition will be harder
      • for: GS3, Global System Three transition, mutual coordination economics

      • paraphrase

        • GS3 will be more difficult than GS2
        • social contract needs to be updated to include
          • new relation with nature and non-human beings
          • stronger multilateral relasionships to protect the planet
        • In Michel's view, a cosmolocal coordination will be required
        • The alternative is coercive eco-fascism to prevent massive ecological damage while we continue to overconsume planetary resources
        • definition: mutual coordination economics
          • an economic system that maximizes freedom of choice within earth system boundaries with minimal coercion
          • it is a new synthesis of markets, states and commons via decentralized p2p networks
  2. Feb 2022
    1. The FAO’s Global Forest Resources Assessment 2020 reports that since 1990, India’s naturally regenerating forests increased only marginally by 6,700 sq.km. while, over the same period, plantations increased by 75,500 sq.km. About 92% of India’s so-called ‘forest cover increase’ between 1990 and 2020 has thus been via plantations.

      Actual Indian Forest cover data 2021 by GFRA 2020

      ... contradiction between GFRA and ISFR

    2. India’s forest cover really increasing
  3. Jan 2022
    1. India’s GDP growth rate will be 9.2% in FY22. In FY21 it was 7.3%.

      GDP2022 & GDP2021 Growth rate

    2. upcoming Union Budget for 2022-23 should maintain an accommodative fiscal stance in order to support the sustainability of the economic growth process and also for financing human development

      R? accommodative fiscal stance

    3. fiscal deficit as a percentage of GDP rose to 9.5% in 2021–22 (revised estimates)

      GDP2021 Fiscal Deficit

    4. RBI has not yet formally announced any “normalization” procedure, though absorption of excess liquidity was attempted by increasing the cut-off yield rate of variable rate reverse repo (VRRR) to 3.99%, and curtailing the government securities acquisition programme

      Variable Reverse Repo-rate

    1. an accident in which there is a collision with terrain, water, or obstacle during the course of a flight, without indication of loss of control.

      Controlled Flight into Terrain CFIT