For decades now, India has operated on a set of fundamental assumptions. These assumptions are wrong and yet the country…
Canada hosted this year?s G-20 and as a follow-up it had a conference for Speakers of Second Chambers?or of unicameral…
During the passage of the Nuclear Liability Bill, the Prime Minister pointed out that India had to retain the option…
The publication by NCAER of its new income survey has shown unsurprising results…
David Cameron came to sell things and borrow capital. This is more or less what Sir Thomas Roe came to…
The IMF has upgraded the emerging economies? growth forecasts and downgraded the developed countries?.
The ?real world?, as we economists call it, is very schizophrenic about economics and its practitioners. It tells us we…
He is only 39 years old. His mannerisms have come in for much criticism as his mouth curls up in…
Fifteen years ago the fashion in British financial circles used to be self-regulation by each segment of the market-insurers, building…
There is an outrage in the euro zone countries about the financial markets. No one likes the bearer of bad…
There was an Asian crisis in 1997. It started with the Thai Baht being pegged to the dollar, which gave…
Britain is waiting for a new Prime Minister. It is an unusual feeling. Normally, as soon as the results are…
The 1930s Great Depression changed the nature of capitalism by bringing in New Deal-type policies and establishing US…
The US Securities and Exchange Commission has just opened a case for fraud against Goldman Sachs. The case….
When I was a student in the 1950s, exchange rates were not a topic of debate. The IMF and the…
The success of the two new bids for the Indian Premier League has astonished everyone. To be bid Rs 3,000…
One of the longer run consequences of the financial crisis has been the reversal of roles between the North and…
The deep recession of 2008-09 is almost over for the developed countries.
