Given the global financial turmoil, India faces three possible outcomes – slow global growth, a borderline recession, and a financial crunch resulting in serious recession. I put the chances of slow growth at 65%, of borderline recession at 25%, and […]
India\’s high savings rate and forex reserves will weather global economic troubles Read More »
Given the global financial turmoil, India faces three possible outcomes – slow global growth, a borderline recession, and a financial crunch resulting in serious recession. I put the chances of slow growth at 65%, of borderline recession at 25%, and
India\’s high savings rate and forex reserves will weather global economic troubles Read More »
When Bill Clinton ran for US President in 1992, his campaign theme was \”It\’s the economy, stupid.\” His opponent, George H W Bush, sought to focus the election on his crushing victory over Saddam Hussein in the 1991 Gulf War.
Financial crisis? It\’s the politics, stupid! Read More »
When Bill Clinton ran for US President in 1992, his campaign theme was \”It\’s the economy, stupid.\” His opponent, George H W Bush, sought to focus the election on his crushing victory over Saddam Hussein in the 1991 Gulf War.
Financial crisis? It\’s the politics, stupid! Read More »
The world economy is reeling under the burden of rising government debt in OECD countries. I predict that the main way out will eventually be inflation. Huge monetary stimuli in many countries have already created the potential for inflation. And,
Inflation is the most likely way out of rising OECD debt problem Read More »
For centuries, dalits have been at the bottom of the income and social ladders, despised and exploited. Independent India aimed to improve their lot through job reservations, but with very limited results. Nevertheless, empowerment through democracy and economic opportunities created
The unexpected rise of dalit millionaires Read More »
Last week, at the release of another book on the rise of Maoism, “Hello Bastar,” author Rahul Pandita described the terrible exploitation of tribals by petty officials and forest contractors. He condemned Salwa Judum, the anti-Maoist vigilante force, and said
Growth data shows gaps in Maoist narrative Read More »
RBI Governor D Subbarao has recently expressed dismay that data on prices and industrial production are simply not reliable enough to form a good basis for policy. The inflation rate is frequently revised upward by as much as 100 basis
India\’s statistical system should be improved to form a good basis for policy Read More »
RBI Governor D Subbarao has recently expressed dismay that data on prices and industrial production are simply not reliable enough to form a good basis for policy. The inflation rate is frequently revised upward by as much as 100 basis
India\’s statistical system should be improved to form a good basis for policy Read More »
Dear Justices Nijjar and Reddy, Many of us welcome your decision in the Supreme Court case on black money, castigating the government for its inaction and setting up an independent special investigative team. This approach needs to be institutionalized: i
Neo-illiberalism is India’s bane Read More »
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