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C.P. Chandrasekhar, Jayati Ghosh
Tuesday 12 July, 2016
Recognizing bad assets and writing them off may not resolve the banking problem, since the new financial order requires banks to lend to those who seem more prone to default.
C.P. Chandrasekhar, Jayati Ghosh
Tuesday 07 June, 2016
As interested observers focus on the bad loans, accumulating in the books of India’s commercial banks, the implications it has for lending behaviour and growth are less explored.
C.P. Chandrasekhar, Jayati Ghosh
Tuesday 31 May, 2016
While it was presumed the developing world, especially the more prominent emerging markets, were less prone to price deflation, data from China and India show trends of declining producer prices.
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
Wednesday 30 March, 2016
Substantial accumulation of bad debt in the domestic banking systems of India and China seems to be proving too heavy a burden to bear when the good times are disappearing.
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 19 February, 2016
While presenting a positive picture of the Pakistan economy the IMF conceals the fact that Pakistan’s role as an on-and-off strategic partner of the US has undermined its ability to find an independently funded growth strategy.
T. Sabri Oncu
Monday 15 February, 2016
Even as some insist that the global economy is in "secular stagnation" the facts suggest that we may be entering the "worst" depression in history.
C.P. Chandrasekhar, Jayati Ghosh
Tuesday 19 January, 2016
While much concern being expressed about the weakening rupee, it is not the past record that is the problem; rather, its likely direction in the near future is a cause for worry.
C.P. Chandrasekhar
Monday 04 January, 2016
The decision to privatise IDBI Bank is the beginning of a larger process of denationalisation of banking in India that would lead to exclusionary banking structure most unsuited to India’s development needs.



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