New Delhi, Sept. 17 -- A persistent trope in much of the economic development literature is that significant catch-up by lower income countries necessarily requires additional foreign savings to add t... Read More
New Delhi, Sept. 1 -- The US government, the world's media declares, is mired in debt with the volume of debt crossing a record $4 trillion level. But that absolute number is not what matters. As coun... Read More
New Delhi, Aug. 18 -- When the US and Israel launched the ongoing war on Iran, and Iran responded by effectively closing the Strait of Hormuz, concerns in the rest of the global economy focused on two... Read More
New Delhi, Aug. 4 -- In early June, the Ministry of Finance and Reserve Bank of India (RBI) announced a set of unusual measures to stabilise the rupee. Instead of resorting to 'open market interventio... Read More
New Delhi, July 21 -- It is well-known that ensuring some stability and desired level of the exchange rate is critical for macroeconomic strategy for development, especially in low and middle income c... Read More
New Delhi, July 7 -- At the end of June, India's National Statistical Office released figures on the Index of Industrial Production (IIP) for the month of May. The headlines were reassuring. Month-on-... Read More
New Delhi, June 23 -- One of the widely remarked features of the world economy - and most countries within it - has been the decline of labour income shares in national income since the 1980s. This ha... Read More