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A singular person
03 May, 2018, Jayati Ghosh
First Person Singular”, a new collection of Ashok Mitra’s essays, is not just a book; it is a conversation with an accomplished raconteur, one who is always able to situate his voice in the wider social, economic and political context.
Ashok Mitra
03 May, 2018, Prabhat Patnaik
A man of great wisdom, and generosity, scrupulously adhering to principles and willing to fight for them, but without any malice towards anyone, Ashok Mitra was a pillar of support for the Left.
The Emerging Left in the Emerging World
12 June, 2012, Jayati Ghosh
In this article, the author reviews several features of emerging left movements in Latin America, Africa and developing Asia that suggest a move away from some traditional ideas associated with socialist theory and practice even as there are two important areas of continuity with the leftist thinking of the past.
K.N. Raj: Outstanding economist, institution builder, beacon for young people
15 February, 2010, C. Rammanohar Reddy
The years after independence saw a number of outstanding young men and women throw their hearts and bodies into building a new India. K.N. Raj was a giant of that generation. Professor Raj was many things: an outstanding economist, an excellent teacher, a builder of institutions, a beacon for young people and, not least, someone who could think well ahead of his time.
Sovereign Default in the Core?
22 December, 2009, C.P. Chandrasekhar
The possibility of sovereign default flagged in by Dubai World together with the changed distribution of sovereign debt globally has created a new context: it is not governments of poor developing countries that are now the principal source of danger, but the metropolitan centres of capitalism.
Prospect of an Industrial Recession
04 November, 2008, C.P. Chandrasekhar & Jayati Ghosh
Expectations are that India would experience an industrial slowdown triggered by the effects of the financial turmoil on the real economy. The most up to date evidence on the growth of the manufacturing sector is the movement of the Index of Industrial Production (IIP), which is a lead indicator of trends in registered manufacturing.
The Potential Fall-out of Basel II
03 March, 2007, C.P. Chandrasekhar & Jayati Ghosh
The point to note is that using external (or at a later stage, internally generated) ratings to decide the appropriate risk-weights to assesses capital adequacy, inevitably requires providing banks with a greater degree of flexibility in deciding their lending patterns based on pure profit considerations. This makes it difficult to simultaneously implement a banking policy that seeks to direct a proportion of lending to specified sectors taking into account growth and equity objectives.

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