Articles
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2 weeks ago |
livemint.com | Niranjan Rajadhyaksha
The World Bank categorizes countries into four groups—low income, lower middle-income, upper middle-income and high income. India is currently a lower middle-income country. The third stage is now within reach. The fourth is still in the distant future. Every April, the International Monetary Fund (IMF) publishes its economic forecasts for all member countries five years out into the future.
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4 weeks ago |
livemint.com | Niranjan Rajadhyaksha
It is worth going back to that note two weeks later, over which Trump has shifted course after a sharp reaction in financial markets saw US bond yields rise while the dollar lost value. There are two statements in the USTR note that make for interesting reading a fortnight later.
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1 month ago |
livemint.com | Niranjan Rajadhyaksha
The Reserve Bank of India (RBI) had held monetary policy too tight through much of the past three quarters, at a time when low core inflation was signalling weak demand conditions in the Indian economy, while high food prices were stoking fears that these could spill over into other parts of the economy. It was a policy paradox.
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1 month ago |
livemint.com | Niranjan Rajadhyaksha
The new Economic Survey written by officials in the finance ministry made a compelling case on how a surfeit of outdated regulations hold back the growth of firms, especially smaller enterprises that drive job creation. It also identifies what can be done to fix the problem.
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2 months ago |
livemint.com | Niranjan Rajadhyaksha
This idea has been successfully adapted in the economics of international trade through the gravity model. Countries tend to trade more with those that are close to them in terms of distance. And the size of economies has a big role to play in determining the volume of trade between two countries. As with the laws of physics, bilateral trade strengthens on the basis of economic size while it wanes based on distance.
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