The policy trilemma of international economics is the inability to simultaneously accomplish three objectives: monetary autonomy, exchange rate stability and…
When I was a young boy, my parents took me to see the great magician, PC Sorcar, Sr. I remember…
After two decades of rise as an emerging economic giant, China is now attracting attention as a wielder of ?soft…
Managing creativity and collaboration among fellow human beings is a fundamental challenge of management practice
Indians? adaptability comes from a society with a permanent overlay of a foreign language and culture, together with an unparalleled…
A rate cut will not affect long-run growth, but it will help keep the economy humming for the short term
Last weekend I took part in a conference at Harvard University, comparing governance and economic reform in the ?giants?, China…
A decade ago, I remember, I would read dire assessments about the dead-end, low-level nature of India?s export-oriented software jobs.
While stock markets and high finance may seem to be a far cry from rural credit, principles that govern the…
Finance Minister P Chidambaram has reiterated the government?s intention to ?make financial services the next growth engine for India,? including…
In his new book, and in subsequent interviews, Alan Greenspan has provided a lucid analysis of the driving forces of…
The problem of the big international credit rating agencies represents an opportunity for Indian agencies to make lemonade out of…
Analysis of interest rate differentials subject to arbitrage indicates India?s de facto financial integration is greater than what is measured…
With the Reserve Bank of India recently receiving criticism from all sides for its management of inflation and exchange rates,…
The danger of not acting sensibly is that the RBI, and the economy, could fall off the tightrope. That would…
The Congress-led UPA government, despite being shackled by coalition partners and internal disagreements, has sponsored two important reports on financial…
On May 24, PM Manmohan Singh delivered a landmark speech at the Annual Summit of the CII in New Delhi.…
My column last month on inflation and monetary policy provoked more response than usual, no doubt because of the heatedness…
