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C.P. Chandrasekhar
Monday 15 October, 2012
Like the developed countries, South Korea is experiencing an unsustainable build up in household debt. This is no exception, rather a widespread trend in that region.
C.P. Chandrasekhar, Jayati Ghosh
Monday 15 October, 2012
While growth slows down in India, the only index faring well is the Sensex. The short term speculators armed with central bank's cheap credit and easy money policies have helped it remain high though volatile.
Sergio Cesaratto, Giancarlo Bergamini
Tuesday 11 September, 2012
ECB's decision of unlimited support to short term bonds to countries, which forego control of their public finances, found acclaim in Italy, but this can be counterproductive.
C.P. Chandrasekhar, Jayati Ghosh
Wednesday 05 September, 2012
Recent Asian experience suggests that financial proliferation adversely affects the real economy more from the demand side through the debt-financed household expenditure.
Syed Akmal Hussain
Sunday 19 August, 2012
Chronic problem of Pakistan's aid dependency is in its economic structure of low domestic savings rates and limited capacity to earn foreign exchange revenues via exports.
Jayati Ghosh
Wednesday 08 August, 2012
Contrary to mainstream arguments, financial sector growth beyond a point is actually detrimental for economic growth as small scale industries find it hard to access credit.
C.P. Chandrasekhar, Jayati Ghosh
Wednesday 08 August, 2012
The intensified crisis in Europe threatens to trigger a second global downturn in five years, and Asian countries, which weathered the last crisis well, seem less resilient.
Jayati Ghosh
Thursday 12 July, 2012
Even as open unemployment in Spain has hit nearly a quarter of its labour force under the economic decline, resolution of the crisis seems unlikely anytime soon.
Jayati Ghosh
Tuesday 26 June, 2012
India probably would be better off without the destabilising influence of the external credit rating agencies’ downgrading of India's rating outlook as a sovereign borrower.
Rainer Kattel, Ringa Raudla
Monday 11 June, 2012
Debunking the austerity belief, this note argues that the recent Baltic recovery has unique features unrelated to domestic austerity and they are not replicable elsewhere.
 

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