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About 13 results for "vivek dehejia"

The kool-aid of negative rates

The kool-aid of negative rates

Negative nominal interest rates penalize ordinary savers while enriching (at least temporarily) those who invest in bubble-prone assets I have in these pages criticized on more than one occasion the unconventional monetary policies (UMPs) of ..., 5 days ago

Leave Pakistan's MFN status intact

India can legitimately claim the moral high ground in fulfilling WTO obligations while Pakistan does not In the midst of rising tensions in the wake of the Uri attack, some in India are calling for the withdrawal by India of the most favoured nation ...
 Livemint.com2 weeks ago

Jagdish Bhagwati and trade issues today

Trade liberalization in the context of an emerging economy must be premised on the relationship of openness to economic growth I had the pleasure recently of participating in a conference at Columbia University in New York, organized by my great ...
 Livemint.com2 weeks ago

Central bankers need new tools

Far from being a stabilizer, the system of flexible exchange rates has led to increased global volatility India's new monetary policy regime has finally taken institutional shape, with the inaugural meeting of the recently constituted Monetary ...
 Livemint.com3 weeks ago

No exit: unconventional monetary policies

Leaders of the major advanced economy central banks—the Fed, the ECB and the BoJ—must feel like the characters in Sartre's existentialist drama In the classic 1944 stage play by Jean-Paul Sartre, Huis Clos, which is usually rendered as No Exit ...
 Livemint.com1 month ago

Arvind Panagariya is right: MCI must go

Under the new Bill, input-based evaluation of medical colleges will switch over to output-based evaluation Those critics who have lamented the absence of the big bang or shock therapy variety of reforms from the Bharatiya Janata Party-led government ...
 Livemint.com1 month ago

India's growing federal fault lines

Inter-state disparities may set up a struggle between centrifugal and centripetal forces In the year 1960, the per capita gross domestic product (GDP) of Maharashtra, then India's richest state, was twice that of Bihar, the poorest. By the year ...
 Livemint.com1 month ago

Globalization paradoxes, redux

Only a concerted intellectual effort to resuscitate the conception of globalism is likely to tip the balance in favour of globalization itself I had asked recently in this column , Is globalism dead? (1 August). By this I was referring to a retreat ...
 Livemint.com1 month ago

The gap between rich and poor States

India is the only large country that is experiencing an economic divergence among its States. Real freedom lies in economic freedom, said Tamil Nadu Chief Minister Jayalalithaa, in her Independence Day speech this year. The subtle reference here ...
 The Hindu1 month ago

Coraggio, governor Patel!

Urjit Patel's economics and central banking credentials are as mainstream and orthodox as one could imagine The recent announcement of the appointment of Urjit Patel to succeed Raghuram Rajan as governor of the Reserve Bank of India (RBI) is welcome ...
 Livemint.com2 months ago
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