6th April 2017 So I came across this article and was fascinated to learn that there is an interest in learning the efficiency from the German system and trying to reason potential glocaliztion of the German framework. The article can be read at http://m.thehindubusinessline.com/opinion/creating-globally-competitive-smes-in-india/article9606529.ece This article has left me...: I am fascinated by Germany, and for … Continue reading Small & Medium Enterprises (SMEs)
1st March 2017 On 17th February, 2017, a New York Times article titled “Popular Domestic Programs Face Ax under First Trump Budget” reported that the White House budget office has drafted a hit list of programs that President Trump could eliminate, an effort of the Trump’s administration to reorder the government and increase spending on … Continue reading US Export Import Bank and Climate Financing under the Trump Administration
24th Feb, 2017. There is a very interesting blog-post by Rob Howse (@howserob) on International Economic Law and Policy Blog on how India should hold firm against the European efforts to undermine its new model Bilateral Investment Treaty (http://worldtradelaw.typepad.com/ielpblog/2017/02/india-should-hold-firm-against-the-european-efforts-to-undermine-its-new-model-bilateral-investment-.html). The column is all praise for India's model BIT and very contemporary especially when there is pressure … Continue reading India, EU and the New Bilateral Investment Treaty
17th January 2017. In a first of its kind, Theresa May, the President of the United Kingdom, has revealed her first #Brexit plan. I am left a bit speechless in all honesty because I am yet not sure if I understand what they are trying to do. After listening to the 45 mins speech, I … Continue reading Theresa May-UK-and the First Brexit plan revelation.
http://voxeu.org/article/us-tariffs-are-arbitrary-and-regressive-tax#.WHfEcJwBV8I.twitter The article is interesting in the sense that it is one of the few research that speak about the transmission of trade policy to the consumers, a question that monetary economist face all the time and trade policy seems to miss it. The article talks about a very interesting issue = how is trade … Continue reading Interesting article!
17th July, 2015 As reported in the China Monetary Policy Report Quarter Four of 2010, the financial system in China is witnessing a changing landscape where the share of direct financing has grown remarkably, and the off-balance-sheet businesses of commercial banks has become an alternative to the lending business. Acknowledging the same, Hu Xiaolian (Deputy … Continue reading Aggregate financing of the Chinese real economy
28th August, 2015 With a noble cause to further financial inclusion , the Reserve Bank of India (RBI) gave 11 enterprises licenses to set up payment banks. These 11 enterprises include 1. Aditya Birla Nuvo Limited; 2. Airtel M Commerce Services Limited; 3. Cholamandalam Distribution Services Limited; 4. Department of Post; 5. Fino PayTech Limited; … Continue reading Payments Bank License – Financial Inclusion or an Insurance for “Too Big to Fail” ?