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C.P. Chandrasekhar,Jayati Ghosh
Tuesday 30 January, 2018
Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable.
C.P. Chandrasekhar,Jayati Ghosh
Thursday 14 September, 2017
A brief decline in portfolio inflows into equity markets has raised the question whether foreign investment flows into India have peaked. The evidence of investments in debt markets suggest otherwise. That, however, need not be all good news.
Jayati Ghosh
Tuesday 27 June, 2017
Imperialism, explains the renowned economist – whether explicit or implicit – is about the struggle to control economic territories such as markets, workers and natural resources. From explicit colonial control, imperialism has today evolved into forms of “inter-imperialist rivalries” wherein instead of a “free market”, the state exercises its control to further the interest of capitalists, rather than common people.
C.P. Chandrasekhar,Jayati Ghosh
Tuesday 23 May, 2017
As the US reduces its role as engine of global demand, there are no signs that other economies will be able to pick up the slack. The mercantilist approach exemplified by Germany is creating net global slowdown.
C.P. Chandrasekhar,Jayati Ghosh
Tuesday 25 April, 2017
Despite the government’s efforts to digitise the Indian economy forcibly, non-cash forms of payment appear to have declined as more currency has been made available to the public. This points to major flaws in the government’s coercive approach and the underlying rationale for cashlessness.
C.P. Chandrasekhar,Jayati Ghosh
Tuesday 11 April, 2017
After four decades of financial reform China’s banking sector is still dominated by publicly owned institutions. But continuity in ownership does not mean that banking behaviour does not change.
C.P. Chandrasekhar,Jayati Ghosh
Tuesday 14 February, 2017
Post-Trump expectations of a shift back from an easy monetary policy with low interest rates to reliance on a fiscal stimulus for growth are reversing trends in global bond markets.
C.P. Chandrasekhar,Jayati Ghosh
Tuesday 17 January, 2017
Banks strapped with stressed assets are holding back on lending, dampening in the process the principal stimulus to growth in recent years. And there are no alternative routes to growth in sight.
Jayati Ghosh
Tuesday 22 November, 2016
It is becoming evident by the day that the primary purpose of the surprise announcement by the Prime Minister was political rather than economic, and that this political purpose was specifically directed towards ensuring the fortunes of the ruling party vis-à-vis its rivals.
Jayati Ghosh
Thursday 17 November, 2016
Following the sudden withdrawal of the 500 and 1000 rupee notes, it is the poor and the middle classes, hugely reliant on currency for daily activities, who are being battered while the rich are relatively unscathed.
 

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