Some EM Economies Are Adding Fiscal Stimuli to Monetary Easing. Turkey Will Have to Halt Rate Cuts
The global economy is slowing, and the IMF has called on policymakers to supplement monetary policy easing with fiscal stimuli. Depending on their...
526 Views
Cox & Kings Fiasco: India’s Credit Ratings Agencies Are Unfit and Unaccountable
The appalling record of incompetence, and likely worse, by India’s credit rating agencies (CRAs) continues to lengthen. The latest instance is the...
745 Views
Central Bank Independence Quietly Buried, Without a Murmur from Credit Rating Agencies
The resignation of Viral Acharya, deputy governor, Reserve Bank of India (RBI) six months before his term was to end, was preceded by the...
561 Views
The New Industrial Revolution Will Transform India over the Next Half-Decade
With the biggest electoral mandate that any government has had in the economic-reform era (since 1991), PM Modi is set to unleash Big Bang reforms...
783 Views
Landslide Triumph for Modi Prepares the Ground for Economic Transformation
Prime Minister Narendra Modi has been re-elected in a landslide victory, with his BJP party leading in 300 constituencies (up from 282 in 2014) in...
841 Views