Partha Pal

May 16, 2024 | thehindubusinessline.com | Partha Pal |Partha Pratim Ray |Parthapratim Pal

Is there something wrong with trends in Indian saving? For a country that is among one of the fastest growing big economies in the world, can the trend in savings rate (i.e., the ratio of savings to GDP at current market prices) be non-increasing? Lately, there have been opinions and counter-opinions on the underlying numbers. While we do not believe in the dictum of Ronald H.

Aug 23, 2023 | thehindubusinessline.com | Partha Pal |Partha Pratim Ray |Parthapratim Pal

The reorientation of economic prowess across the world results from various forces such as history, technological innovation, market capture, labour migration, or country dynamism. Are we currently looking at a reorientation of economic power? If we measure the GDP of various countries at PPP (purchasing power parity), an interesting pattern emerges over the period 1980-2019 (i.e., the pre-Covid years).

Jul 31, 2023 | thehindubusinessline.com | Partha Pal |Partha Pratim Ray |Parthapratim Pal

Notwithstanding the criticality of climate-related concerns in recent times, such concerns, by and large, remained outside the domain of core macroeconomic issues. In other words, global warming and climate change issues tended to elude key macroeconomic concerns, like growth, inflation, interest rates, or exchange rates. In this context, RBI’s Report on Currency and Finance, 2022-23 assumes importance.