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Macroeconomic Policy

C.P. Chandrasekhar
Wednesday 16 November, 2016
C.P. Chandrasekhar, Professor, Centre for Economic Studies and Planning, JNU talks to World Business Report from the BBC World Service about how the shock announcement by the Modi government is creating unnecessary problems for the ordinary people across the country.
Prabhat Patnaik
Wednesday 16 November, 2016
Prabhat Patnaik, Professor Emeritus at the Centre for Economic Studies and Planning, JNU, speaks on the withdrawal of the 500 and 1000 rupee notes by the Modi government and associated measures, and the impact of the measures on the economy and people.
Prabhat Patnaik
Tuesday 15 November, 2016
In its attempt of moving towards a cashless economy, when the government is forcing people to do so through the demonetisation exercise it is an act of sheer authoritarianism that is no less reprehensible than an attack on people’s civil liberties.
Jayati Ghosh
Tuesday 15 November, 2016
The November 8 announcement by the Prime Minister is an ill-conceived and even more poorly executed move that appears to be an attempt by the government to display a lot of sound and fury, but signifying very little.
Prabhat Patnaik
Thursday 10 November, 2016
The argument, that the demonetization of 500 and 1000 rupee notes constitutes an attack on “black money”, is based on an utter lack of understanding of the nature of “black money,” a conception of it that is staggering in its simple-mindedness.
C.P. Chandrasekhar
Monday 12 September, 2016
The new measures announced by the RBI aim at making the conservative institutional investors more bond-savvy and the bond market an important source for long term capital but in the process household savings would be exposed to increased risk.
C.P. Chandrasekhar
Tuesday 06 September, 2016
The interest rate that is seen as being the principal instrument for macroeconomic management is proving to be a blunt tool when combatting inflation or promoting growth.
C.P. Chandrasekhar, Jayati Ghosh
Friday 02 September, 2016
The return of inflation, even if moderate, at a time when India is experiencing a normal monsoon and after a long period of inflation-targeted monetary policy is surprising.
C.P. Chandrasekhar
Wednesday 03 August, 2016
Adventurous lending followed by wilful default that has become more common in recent years, is linked to the change in banking practices and the pursuit of quick profits after liberalization.
C.P. Chandrasekhar, Jayati Ghosh
Tuesday 02 August, 2016
After having retreated from retail lending in the years since 2005-06, banks burdened by NPAs in areas like infrastructure seem to be returning to the retail market. How far can this go?
 

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