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meghnad desai The Indian Express Group

meghnad desai-

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Financial Express

  • column-the-difficulty-of-being-right

    Monday 11 Feb '13The revised GDP growth estimates for 2012-13 should not cause any surprise.

  • column-davos-delirium

    Monday 28 Jan '13There is an unseasonable as well as an unreasonable burst of confidence in the financial markets.

  • column-weak-economies-hesitant-governments

    Monday 14 Jan '13Two things that India and China have in common. That may yet change, but don’t hold your breath.

  • column-a-year-to-forget

    Monday 31 Dec '12Football, as they say, is a game of two halves. The year that has just ended was a year with a dismal first three quarters and a better last quarter.

  • column-multiple-equilibria

    Monday 17 Dec '12The global economy is poised in a delicate state. It is in some sort of transition but it is difficult to say what sort of equilibrium it will end up in.

  • column-cash-and-carry-on

    Monday 03 Dec '12Radical ideas used to be a monopoly of the Left. Indeed, the words ‘radical’ or ‘progressive’ and Left used to be interchangeable. The Left was egalitarian and dynamic.

  • column-crony-state-capitalism

    Monday 19 Nov '12At the recent Chinese Communist Party Congress in Beijing, Hu Jintao duly denounced corruption.

  • column-a-cliff-hanger

    Monday 05 Nov '12If Obama wins, Republicans will stymie him. If Romney wins, Senate will do the same. A deadlock means a double-dip recession.

  • column-markets-without-money

    Monday 22 Oct '12In awarding the Nobel Prize to Alvin Roth and Lloyd Shapley, the Nobel Prize Committee for Economics asserted a truth very often forgotten.

  • column-pigouvian-legacies

    Monday 08 Oct '12Through the Pigouvian hatch, a slew of bad policies get justified on the grounds of market failure.

  • column-monetary-counterrevolution

    Monday 24 Sep '12Neither fiscal nor monetary policy seems to be available for the revival. Fiscal can’t be implemented, monetary doesn’t work.

  • column-the-failure-of-success

    Monday 10 Sep '12The Washington Post has joined the international chorus of disappointment with Manmohan Singh.

  • column-comptrollers-and-counterfactuals

    Monday 27 Aug '12The CAG has attempted to estimate a potential loss, once for 2G and then for the coal block allocations.

  • column-it-s-chid-s-play

    Monday 13 Aug '12The finance minister is the man who can turn UPA’s fortunes around in tandem with PM Manmohan Singh.

  • column-g-tterd-mmerung

    Monday 30 Jul '12Till the Keynesians accept we’re in a Hayekian world, a disastrous consequence (Götterdämmerung) is likely.

  • column-the-missing-link

    Monday 16 Jul '12If China is to become the largest economy, it’ll have to find extra source of labour or innovations that raise labour productivity.

  • column-last-chance-saloon-for-upa

    Monday 02 Jul '12Everyone is telling the Prime Minister what to do when he adds the finance ministry to his portfolio. He does not need any technical advice.

  • column-time-running-out-for-the-euro

    Monday 21 May '12Half a millennium after Vasco da Gama and Christopher Columbus, the pendulum may be swinging back eastwards.

  • benign-neglect

    Monday 07 May '12During the Reagan presidency while George Schultz was in charge of the economy, the dollar was creating problems for the rest of the world.