China’s economic malaise is weighing heavily on East Asia as a whole, one of the world’s key economic engines. But reforms in one sector could work wonders, the World Bank says. East Asia has been...
The Turkish lira has plumbed new depths after the reelection of President Recep Tayyip Erdogan, and inflation remains stubbornly high. Will the Turkish ruler change his unorthodox economic policies now? Since Recep Tayyip Erdogan first came to...
Three decades after China enshrined the goal of a “socialist market economy” in its constitution, the era of “reform and opening up” appears to have ended, say experts. Thirty years ago, on March 29, 1993, China formally...
In the context of the discussion on the Indian economic slowdown, a significantly different perspective can be offered based on the thesis of an ongoing disruption in the structure of the global economy (deglobalization), coupled...
No excuse is ever required to admire the lustrous romanticism of the poet John Keats and here we are in Autumn (only in high Northern latitudes, of course!). Confusing metaphorical mists may be swirling around...
When international ratings agencies like Moody’s or Fitch downgrade countries, the economies of these nations suffer. African governments have had enough and are retaliating against what they call ‘subjective’ ratings. Namibian Finance Minister Calle...
United States Dec 2017 Monetary Policy Linkage to India’s monetary policy and its aftermath on the budget 2018-19.: United States had in December Monetary Policy, 2017 increased the Fed rate from 1/4 to 1/2 percent as...
News of the defection of two more Republican Senators doomed the Senate attempt to replace and repeal America’s national health care. The failure to replace the system dubbed Obamacare, despite the Republican majority in both...
A few months back there was a World Bank Report, inter alia, highlighting that India slipped to the 142nd position in the ranking of 189 countries in respect of ‘Ease of Doing Business’ which prompted...
Previous year has altered the political picture in striking ways. The most conspicuous change is in prime ministers: reclusive, modest, uncommunicative Manmohan Singh has given way to vocal, expressive, dramatic Narendra Modi. A less noticed change...
Before it relinquished power the UPA government had reigned in the fiscal deficit and the current account deficit. This was a major achievement of the former Finance Minister. After coming to power the BJP government...
