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Meghnad Desai

Articles By Meghnad Desai

170 Articles

Column: Globalisation comes home

Ideally nation states should maximise global income while securing their nation’s share in it

Column: Globalisation comes home

Column: Budgeting under uncertainty

The UK Budget was presented on March 16 amid much fanfare. The Conservatives have a majority on their own for the first time since the 1992-1997 John Major-led government.

Column: Global transition on the cards

China, Eurozone, the US and the UK, all must create conditions for continued growth

Column: Global transition on the cards

Column: Does the budget matter?

India needs a body like the UK’s Office of Budget Responsibility

budget 2016, union budget 2016, arun jaitley, finance minister arun jaitlley, Tax exemption, budget tax sops

Column: Global crisis ahead?

The crisis of inflated asset values has been coming for some time. The Fed red hike just hastens it

US fed monetary policy

Column: What is the future for the young ?

Populist policies on higher education betray the youth and their potential.

Column: What is the future for the young ?

Column: 2016; Year of turbulence?

Collapsing commodity prices, mounting corporate-debt burden and falling equity prices form a lethal combination

Indian economy, economic growth rate

Column: Lot of noise, but clear signals

The government will have to rely on Executive powers to carry on governing

Column: Lot of noise, but clear signals

Column: Strong headwinds

The real risk is that GDP growth rate may fall back from the levels of the 2.5% it has reached in the US and the UK

Column: Strong headwinds

Column: Life and death in Paris

Paris may fail, but if countries “do their own thing”, we may yet have a future

Column: Life and death in Paris

Column: Modi has to lift India on to a new level

With Modi, India has a chance to get back to the basics of building prosperity by changing policy

Column: Modi has to lift India on to a new level

Column: India and China among the G-20

The motivations for the two countries behind wooing their G-20 peers or the G-7 nations are very different

india china g20

Column: The Angus Deaton phenomenon

His work illustrates how data-set-rich India benefits from microeconomics meeting econometrics

Column: The Angus Deaton phenomenon

Column: Can monetarists revive the global economy?

Central Banks, by funding development activity, can do what govts are unable or unwilling to do using fiscal policy.

Column: Can monetarists revive the global economy?

Column: Risk aversion is risky

By postponing the rate hike, the Fed has enhanced the dangers of another crash

Column: Risk aversion is risky

Column: Back to turbulence

The reaction of developed stock markets to the Chinese shock tells us the long bull run is a bubble overdue to burst

China Yuan -Brexit

Column: OROP nirvana

The ongoing and escalating ‘one rank, one pension’ (OROP) quarrel is a classic illustration of all the ills of misgovernance that plague India.

ONE RANK ONE PENSION

Column: Getting monetary policy right

The vital thing is to have first-rate outsiders in the MPC who can establish its reputation for rigorous work

rbi on npa

Column: Will the bubble burst?

Developed nations have most of the pull forces. If they lose momentum, they could drag the BRICS down with them

Column: Will the bubble burst?

Column: A tale of two austerities

Five years ago, the UK and Greece both undertook austerity programmes. The UK recovered, Greece hasn’t

Column: A tale of two austerities

Column: On the brink

Let us hope the eurozone offers a better life to the Greek people outside than inside the euro

Column: On the brink

Column: An underachieving economy

India suffers from an entrenched anti-capitalist attitude even today

Column: An underachieving economy

Column: The long and the short

The Modi govt must bring in radical reforms to revive manufacturing and move people away from the farm sector

Column: The long and the short

Column: British reject Keynes

The UK election results show that voters chose the party which would be tough on eliminating the deficit

Column: British reject Keynes

Column: Who will govern Britain after May 7?

Neither of the two main parties, in some fractured coalition, will guarantee sound policies

Column: Who will govern Britain after May 7?

Column: Grexodus is imminent

There is no other way for Greece to get its hands on the money to pay its current expenses

Column: Grexodus is imminent

Column: No easy passage

If legislation is stalled, if retrospective taxation is not reversed, then investors will hesitate in coming to India

Column: No easy passage
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