April 24, 2024   Academy | Blog  | Community  | Our Philosophy
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Analysis of Economic Survey & Budget 2021

The Economic Survey 2020-2021, authored by a team led by chief economic adviser (CEA) Krishnamurthy V Subramanian, focused on the state of different sectors of the economy, the effect of the coronavirus pandemic as well as reforms that need to be taken.

Neyawn,upsc2020and15 otherslike this
20.1k views

27 comments

Newspaper Revision and multiple revisions is the KEY TO SUCCESS . Sunya provides you current affairs from best sources in just 40 pages per month

SOURCES
1) The Hindu Newspaper
2) PIB
3) Vision
4) Insights
(all covered exhaustively in just 40 pages)

Find SAMPLE At:

1) Topic-wise Monthly : bit.ly/May2o20

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Much needed Notes for Revision, Newspaper and Comprehensive coverage!
3.1k views
@Rishabh k Bech liya product? Ab mat karna comment please. Thread is a place for vibrant discussion not some billboard.


AzadHindFauz,No 1and8 otherslike this
5.9k views
@MarcusA Aisa laga vision ka koi article padh  raha! :P
Well put though! :D


MarcusA,IamThat
6.2k views
Newspaper Revision and multiple revisions is the KEY TO SUCCESS . Sunya provides you current affairs from best sources in just 40 pages per month

SOURCES
1) The Hindu Newspaper
2) PIB
3) Vision
4) Insights
(all covered exhaustively in just 40 pages)

Find SAMPLE At:

1) Topic-wise Monthly : bit.ly/May2o20

2) Source-wise Monthly : bit.ly/May2020_ShortNotes

REGISTER yourself at :

Much needed Notes for Revision, Newspaper and Comprehensive coverage!
3.2k views

"Need for system design in healthcare


5.11 Given these market failures, a free market where individual consumers purchase services from providers on their own while paying at the point of service leads to severely sub-optimal outcomes including demand that can be influenced and induced by suppliers, over-seeking of hospitalization and under-seeking of primary care/public health when compared to economically optimal levels, and catastrophic out-of-pocket spending in part due to the low preference for health insurance. Therefore,most well-functioning health systems are structured as oligopolies purchasing from oligopsonys instead of individual consumers purchasing from individual providers. The structure of the market has substantial implications for long term trajectory of the health system. Countries with more fragmented health systems tend to have lower performance as reflected in higher costs, lower efficiency, and poor quality. Therefore, in addition to providing healthcare services and financing healthcare, a key role for the government is to actively shape the structure of the healthcare market."


Economic survey, chapter 5, page 154.

Doubts-

  1. Can someone please explain the underlines phrase?
  2. What does it mean by health systems structured as oligopolies purchasing from oligopsonies?
  3. Is there any such system existing anywhere in any country?
  4. Would not an oligopoly be determinantal to the interests of the free market by preventing new players to enter?
  5. Would this system not kill innovation?


Thanks in advance!

1.6k views
With the arrival of the holidays, the hospitality business begins to work as actively as possible. Therefore, the market in this area is constantly developing. I recommend you go here https://www.techblitz.org/how-to-create-a-contract-for-a-hotel/ and read a detailed guide on creating a contract for a hotel. Such a contract is necessary if you decide to delegate your hotel management responsibilities to someone. And using free templates from PandaDoc will save you from the need to seek help from a lawyer.   
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With the arrival of the holidays, the hospitality business begins to work as actively as possible. Therefore, the market in this area is constantly developing. I recommend you go herehttps://www.techblitz.org/how-to-create-a-contract-for-a-hotel/and read a detailed guide on creating a contract for a hotel. Such a contract is necessary if you decide to delegate your hotel management responsibilities to someone. And using free templates from PandaDoc will save you from the need to seek help from a lawyer.
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