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C.P. Chandrasekhar
Wednesday 04 July, 2018
The financial crisis and a subsequent period of recession affecting the majority population in economies points to the fact that neoliberal economic policy might have lost its legitimacy. On the contrast, a change in mood with Brexit and Trump's victory might not be subsequent setbacks with a new aggression on part of the neoliberal elite. Today, across the world, big business is attempting to influence economic decision-making in ways that can save the neoliberal project from collapse.
C.P. Chandrasekhar
Thursday 30 March, 2017
The failure of the macroeconomic stance of shifting away from fiscal policy to an almost exclusive reliance on monetary policy has led to the phenomenon of negative rates in countries other than the United States, and the first sign of even a partial recovery in that country has been enough to set off a reversal.
C.P. Chandrasekhar
Friday 25 November, 2016
This article explains how the growing dependence on foreign finance capital has distorted India’s growth. Due to the accumulated presence of foreign capital in the country since liberalisation, it is turning moribund and losing sovereignty
Utsa Patnaik
Thursday 17 November, 2016
With the severe loss of purchasing power following the sudden decision of demonetisation, the country is being driven into an artificially created recession and the level of economic activity is declining.
Prabhat Patnaik
Thursday 21 April, 2016
Even the unconventional measure of charging negative interest rates, as the author says, is unlikely to end the recession because capitalism today is in a deep structural crisis.
C.P. Chandrasekhar,Jayati Ghosh
Tuesday 15 March, 2016
With interest rates and bond yields turning negative in many developed countries, the efficacy of monetary policy as a countercyclical instrument is in question.
C.P. Chandrasekhar
Friday 31 October, 2014
So long as the power held by finance capital remains unchallenged, the IMF may be forced to periodically revise downwards its growth estimates for some time to come.
C.P. Chandrasekhar
Friday 07 February, 2014
Although every significant country of the world is still in the midst of growth deceleration, forecasters confidently hold out hopes of a recovery.
Jan Kregel
Monday 09 December, 2013
Prof. Jan Kregel argues that most derivative packages mask the actual risk involved in an investment and increase the difficulty in assessing the final return on funds provided.
Prabhat Patnaik
Monday 20 May, 2013
The current global recession has not witnessed price fall like the Great Depression because globalisation has altered the dynamics of the components determining prices.
 

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