Ecofunomics Journal 2023

Ecofunomics Journal 2023 – Socio-Cacophony: A Walk Down the Social Issues Lane

In the rhythm of our world, there exists a harmonious blend of diverse perspectives. Sometimes, the melodies align in perfect harmony, creating beautiful compositions of understanding and unity. Yet, there are moments when dissonance prevails, as individuals traverse the intricate notes of their differences or confront the trials and tribulations of life. “Socio-Cacophony” encapsulates this recognition, painting a vivid picture of the rich tapestry of our social reality, where the symphony of human experience is at once harmonious and discordant.

Dear reader, we invite you to embark on a shared journey with us—a stroll down the bustling lane of social issues, where each step reveals a new facet of the intricate mosaic that is our collective existence. As you peruse these pages, may “Ecofunomics” not only inform but also inspire, sparking conversations that transcend the boundaries of this publication and resonate within the thoughts and actions of all who engage with its content

Each article within these pages serves as a unique lens, focusing on a specific facet of the social symphony. Through insightful analysis, impassioned narratives, and rigorous research, the contributors to this journal illuminate the shadows cast by inequality, injustice, and the myriad challenges that communities face worldwide. We invite you to join us as we explore these complexities, seeking the paths to solutions, understanding, and change.

In the pages that follow, may we find guidance to navigate the complexities of our society, working together to create a future that is more peaceful, inclusive, and harmonious? Ecofunomics is not just a title; it’s a call to action, a reminder that the world’s social orchestra is in our hands, waiting for the music of change and progress to flow from our collective hearts and minds.

Details

Title:	Socio – Cacophony: A Walk Down the Social Issues Lane
Series:	Ecofunomics
Issue:	November 2023
Edited By:	Research & Publishing Department,
	Ecofunomics LLP
Website:	http://www.ecofunomics.com
Email ID:	contact@ecofunomics.com
Contact No:	+91 -7482028953
Publisher:	Ecofunomics LLP
Printed by:	Ecofunomics LLP
Address:	Ecofunomics LLP, 4 A Classic Apartment, New Baradwari, P.O. Sakchi, Jamshedpur, JH – 831001
Edition Details:	1st Edition
Date of Publish:	November 2023
ISBN:	978-81-956003-1-1
ISSN (Online):	2583-780X (Online)

Authors

Ms. Aaroohi Dudeja, American Express, India

Ms. Ankita Singh, Sivanath Sastri College, India

Ms. Anwesha Podder, Sivanath Sastri College, India

Ms. Jyoti Prasad, Ecofunomics LLP, India

Mr. Manash Roy Pradhani, Indian Institute of Foreign Trade, India

Ms. Prerna Pardasani, TERI School of Advanced Studies, India

Ms. Rituparna Dey, Indian Institute of Foreign Trade, India

Prof. Sajal Lahiri, Southern Illinois University Carbondale, U.S.A.

Prof. Sanchita De, University of Engineering & Management, India

Ms. Shreya Roy, PhD, Indian Institute of Foreign Trade, India

Ms. Sneha Roy, McKinsey & Company, U.S.A.

Mr. Sumon Banerjee, Ecofunomics LLP, India

Insights from Our Editorial Board

Ecofunomics is a thoughtfully curated journal dedicated to addressing a wide array of pressing social issues. Social and economic policies are intertwined; they can alleviate or worsen problems like poverty and inequality. Striking a balance between economic growth and social equity is crucial for a stable society. Economists stress the need for policymakers to showcase this delicate equilibrium.

Prof. Bibek Ray Chaudhuri, Indian Institute of Foreign Trade

Chief Editor, Ecofunomics

The ‘Socio-Cacophony’ journal explores diverse social concerns. As a finance professional, I believe that growing inequality triggers financial instability, and widens the wealth gap. Unequal access to education, healthcare, and housing deepens societal divisions. Reforms are imperative for sustainable economic advancement.

Prof. Kavita Wadhwa, Indian Institute of Foreign Trade

Associate Editor (Management)

The annual journal Ecofunomics is taking a proactive stance in addressing social issues with its latest issue ‘Socio-cacophony’. Discrimination remains an alarming global social issue, mirroring the inequities in international trade. Unjust trade policies often disadvantage developing nations, perpetuating economic discrimination. Fairtrade practices can address this disparity, fostering equality and challenging discrimination in both economic and social spheres. Collective efforts are crucial to dismantle these interconnected issues.

Prof. Atreyee Sinha Chakraborty, Gokhale Institute of Politics and Economics

Associate Editor (Economics)

This is a thoughtfully curated set of articles addressing several realms of social impacts, including the latest disruption caused by generative AI. It sheds light on genAI’s potential to revolutionize industries as well as break down existing structures. Policymakers and industry leaders must consider the potential impact and take steps to mitigate negative effects through education and ethical regulations.

Ms. Sneha Roy (Data Scientist), McKinsey & Company, Boston

Executive Editor

This journal explores several crucial aspects that social inequalities magnify. One among them is the potential socioeconomic impact of biases in data. Biased data used for analysis or modeling can perpetuate existing inequalities and discrimination, leading to unfair outcomes for certain groups of people in areas such as employment, healthcare, and criminal justice. This collection of articles brings awareness to the crucial need to identify and address these biases to create a more just and equitable society.

Mr. Ritwik Sinha (Analyst), Plymouth Rock Assurance

Executive Editor

The mounting rise in inequality and imbalance created in the political, economic, educational, and even environmental space is the root cause of social paralysis. The journal on Socio-cacophony is a reflection of the ongoing unrest scenario through which the entire world is passing. It reiterates the efficacy of the policies undertaken to dispel darkness.

Prof. Sudipta De, Sivanath Sastri College (Calcutta University)

Assistant Editor (Economics)

‘Socio-Cacophony’ paints a vibrant depiction of the world’s elaborate social challenges. It condenses the blend of cacophonous societal issues such as inequality, discrimination, and injustice. In this symbolic lane, economic disparities and gender biases resound, creating a conflicting description. Yet, within this disagreement, there is a symphony of resilience led by activists and change-makers. They exert to harmonize society’s diverse voices and build a more inclusive world. “Socio-Cacophony” wishes us to confront these issues and contribute our part to transform disharmony into a harmonious future.

Prof. Smruti Patre, Symbiosis Institute of Business Management

Assistant Editor (Management)