The Policy Monitor
India will be voting to choose its 15th prime minister in the Lok Sabha Elections this year. April-May 2019 will observe the integration of politics and financial markets so much so that the market will be clinging to every bit of news flow and reacting to it. The investors are […]
When Indian story is compared with the China story, a major source of optimism is India’s rapidly growing middle class which offers immense opportunities to the players who are facing the challenge of dwindling demand in China or who completely missed the China train. Still, a lot of people doubt […]
The ongoing tussle between the government and the RBI regarding various issues has seen a new turn with the resignation of Urjit Patel as the RBI chief and paving the way for the appointment of Shaktikanta Das, a former economic affairs secretary at the Finance Ministry, for the top job. […]
A crime has been committed. Place: Kolkata Time: 08:00 hrs. One November morning, you are about leave for school or work. You leave the house and start walking towards the main road. You notice something in the air- it is a little foggy, you wonder. The […]
To anyone vaguely in-touch with the social affairs currently, the words ‘dissent’, ‘protest’, ‘opposition’ and the likes would seem oddly familiar. Activism, it seems, has joined the ranks of hot topics like religion and politics that dominate tea-time discussions. As you glanced through the morning newspaper the other day, did […]
Historically, world trade has grown much faster than global production, thus facilitating the growth of the world economy. However, in the recent period, with the start of a skulking trade war by USA with its business rivals and allies, the growth of world trade has slowed to a level lower […]
Poverty is both the cause and consequence of deep rooted socio- economic problems. Eradicating poverty remains a global challenge and demands a comprehensive and collective approach that recognises the multi-faceted and multidimensional nature of the issue. The United Nations deemed that the first Sustainable Development Goal (SGD1) is to end […]
On the eve of the 10th anniversary of the slump of Lehman brothers that set off the 2008 global financial crisis, India’s leading infrastructure development and finance company, IL&FS defaulted on its payment obligations to its borrowers triggering a shock wave in the Indian markets. IL&FS – The Stakeholders IL&FS […]
Consider a market for second hand cars where the sellers are usually more informed about the quality of the car and its various features than the buyers. The car can either be a “lemon” (bad quality second-hand cars) or a “peach” (good quality second-hand cars) and assume that the buyer […]
“The boom, not the slump, is the right time for austerity.” – John Maynard Keynes Should fiscal policymakers try to reduce government debt? As with many of the debates surrounding Macroeconomics, there is no consensus among the different economists regarding this question. The proponents of reducing government debt argue that […]