IFSA Network
Our Chapters’ Publications
BNPL and Contemporary Consumer Finance
INTRODUCTION Microcredit is defined as a relatively small loan, primarily given out to low-income customers to meet short term expenses. It often serves as a quick and reliable source of credit as it doesn't require any prerequisites like credit ratings. It has...
Navigating GST 2.0: Implications, Impact, and the Road Ahead
INTRODUCTION TO GST The Goods and Services Tax is an indirect tax that has replaced many indirect taxes in India, such as the excise duty, VAT, service tax, etc. It is levied on the supply of goods and services and is a comprehensive, multi-stage, destination-based...
The Economics of Bollywood and the Rise of Entertainment Finance
Bollywood is often celebrated for its songs, stars, and spectacles, but behind the glitter lies a story of economics, finance, and survival. Fuelled by unregulated funds and high-risk borrowing, India's film industry functioned in the background for many years. It...
The Effectiveness of Microfinance Institutions in Alleviating Poverty
Abstract Microfinance institutions (MFIs) have been championed since the 1970s as a tool to help poor households by providing small loans, savings, and other services. This review examines whether microfinance actually lifts people out of poverty. We survey the...
One Big Beautiful Bill: Navigating Growth, Debt, and Global Market Ripples
Macroeconomic Outlook And Debt Sustainability Short term (1-2 years) effects The short-term effects of this bill on a macroeconomic perspective will yield positive result but much of the growth may be inflationary along with some productivity growth, and it will...
“The Dollar Dilemma”: How a BRICS currency may affect the global dollar influence.
Why the Dollar: Context and History The history of the U.S. dollar’s dominance has undergone significant evolution over the past several decades. In 1971, President Richard Nixon ended the dollar’s gold convertibility, marking the end of the Bretton Woods system and...