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The Report’s conclusion of 9 % growth in UPA-I (2004/5-2008/9) maybe, in reality, close to 6 % per annum. More needs to be researched by all of us before jumping to conclusions.
The world is on course for good growth, low inflation, lower taxation and increased income support for the needy. And yes – declining global inequality.
A forthcoming book explains that inflation, which haunted the world in the Seventies and the Eighties, is now only a windmill to be tilted at
One logical way for the MPC to change course and lower rates is by being Keynesian at the June 7 meeting — the facts have changed, so we have changed our mind
The inflation forecast is the most important aspect of the most crucial economic decision that the RBI makes — it needs to be more in tune with reality.The Indian economy has likely gone through a mega structural-break experience via demonetisation....
PM Modi has nothing to gain and everything to lose by pursuing a divisive social agenda. He has to worry both about the enemy within, and the one outside, his development tent.
Budget 2017-18 is probably the most brilliant economic and political document since the path-breaking budget of 1991
A new era of globalization, which began in the 1980s, brought about a significant decline in costs of transportation, communication, and production; considerably improved inter-country competitiveness; and broke down trade and cultural barriers among countries. The concept of a sovereign...
This article takes as given the accuracy of opinion polls. It offers instead a suggestion towards improving forecasts of elections where traditional assumptions may not be valid. What is offered is a consistent, and ex-ante correction, to polling data. This...
Not only lockdowns were not effective, but that, in a large majority of cases, lockdowns were counter-productive i.e. led to more infections, and deaths than would have been the case with no lockdowns.