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Pakistan: Who needs a crisis?
29 August, 2018, C.P. Chandrasekhar
As Pakistan’s new Prime Minister, Imran Khan faces the current balance of payments, its important to look at Pakistan’s debt history, especially in light of its association with China’s Belt and Road Initiative. With IMF’s support to Pakistan in the past, it is to be seen how a proxy stand-off between a retreating power and a rising one plays out.
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.
Ashok Mitra, the Marxist Economist Who Was a Fierce Critic of the Government
02 May, 2018, Paranjoy Guha Thakurta
On the morning of May Day, former finance minister of West Bengal, member of parliament, prolific writer, bureaucrat, economist and Marxist thinker Ashok Mitra passed away in a Kolkata nursing home. He was born in 1928 and had turned 90 on April 10 this year. He was not just an academic, an administrator, a politician and an activist, but also a writer of amazing eloquence and insight in both Bengali and English.
A Quiet Scholar
06 February, 2017, Prabhat Patnaik
Amitava Bose, as described by the author, was not only the finest macro-economist in the country, but among the best anywhere in the world and a true gentleman.
The IMF in Pakistan
18 February, 2016, C.P. Chandrasekhar
While presenting a positive picture of the Pakistan economy the IMF conceals the fact that Pakistan's role as an on-and-off strategic partner of the US has undermined its ability to find an independently funded growth strategy.
Inequality in South Asia
25 July, 2012, Jayati Ghosh
The increase in income and consumption inequalities in the South Asian countries during their period of globalisation compared with other highly globally integrated countries such as those in Latin America suggest that South Asian governments have much to learn from the proactive policies for equity elsewhere in the world.
Food Price Transmission in South Asia
14 June, 2011, C.P. Chandrasekhar & Jayati Ghosh
The recent increase in global food prices has once again set off alarm signals in developing countries, especially in South Asia, where food inflation has been a major problem for some years now. Evidence from South Asian countries corroborates the fact that domestic factors do play a role in the international transmission; while rising global prices put upward pressure on domestic prices in a much rapid manner, its downward movements are less rapidly or effectively transmitted and often do not have any such impact.
The Transmission of Global Food Prices
22 March, 2011, C.P. Chandrasekhar & Jayati Ghosh
Clearly, we are back in another phase of sharply rising global food prices, which is wreaking further devastation on populations in developing countries that have already been ravaged by several years of rising prices and falling employment chances.
Fiscal Policy and Global Growth
27 July, 2010, C.P. Chandrasekhar & Jayati Ghosh
Barely three years since the Great Recession first affected the world economy, the focus of global attention has shifted from the crisis and its origins to the legacy left by the stimulus measures adopted by governments in response to it.
The Crisis and Employment in Asia
15 February, 2010, C.P. Chandrasekhar & Jayati Ghosh
Ever since the global financial and economic crisis broke, the International Labour Organisation (ILO) has been regularly tracking its impact on the level and quality of employment. In January 2009, the ILO (International Labour Office 2009) indicated that, under alternate scenarios, global unemployment could increase by between 18 million or 51 million people worldwide from 2007 to 2009.
The G20 Summit
24 April, 2009, Jayati Ghosh
All expectations about the G20 Summit to revive the global economy and set a new financial infrastructure were in vain as it did not produce any extraordinary response currently needed to pull the economy. The communiqué that was released mentioned nothing on the fiscal front and had no clear commitment to a co-ordinated fiscal stimulus except only a promise of $850 billion to crisis-hit poor countries.
Whose Security?
10 December, 2008, Jayati Ghosh
Following the Mumbai terrorist attacks, the Indian elite has suddenly realised that they cannot insulate themselves from the general loss of physical security, which has been the fate of the average less-privileged Indian for some time now. There are thus calls for the privatisation of security that may actually make things worse.
Making the Poor Pay for Health
28 September, 2006, Jayati Ghosh
The inadequate level of public health spending, which has been a constant and unfortunate feature of Indian development in the past half century, has deteriorated further. If India is to achieve even a small part of the potential that our leaders are so proud of declaring, government health expenditure to be substantially increased from the current abysmally low levels
Protecting Foreign Investors
18 April, 2006, C.P. Chandrasekhar & Jayati Ghosh
Bilateral investment treaties (BITs) are among the better kept secrets of the internal economic regime in the recent past. Increasingly, other international agreements signed by governments are subject to much discussion and public debate both at the negotiation stage and during implementation. In India,
Indo-US Economic Relations: More Give and Less Take?
25 August, 2005, C.P. Chandrasekhar
Despite the presence of a group of high-profile chief executives and the launch of an Indo-US CEOs Forum, strategic rather than economic issues hogged the limelight during Indian Prime Minister Manmohan Singhs visit to the US.
Budget 2004-05 : Farmers are the new untouchables
12 July, 2004, Devinder Sharma
For the BJP-led National Democratic Alliance, and now the Congress-led United Progressive Alliance, farmers have become the new untouchables. If the two Budgets presented in 2004 are any indication first the interim Budget by the outgoing Finance Minister Mr. Jaswant Singh, and then the Budget 2004-05 presented by his successor Mr. P. Chidambaram agriculture has become a burden on an ungrateful nation.
India Shines through Verdict 2004
15 May, 2004, C. Rammanohar Reddy
Verdict 2004 is surely as momentous as the defeat of Indira Gandhi and the Emergency in 1977. There have been more decisive outcomes, in terms of yielding a clear majority in Parliament, like Indira Gandhi's triumph in 1971 and Rajiv Gandhi's landslide victory in 1984, but no election other than 1977 has arguably articulated the voice of the Indian people as clearly as 2004. The message is unequivocal: India firmly rejects the economic, social and political agenda of the Bharatiya Janata Party-led National Democratic Alliance Government.
Pleasure and Pain in Pakistan
19 April, 2004, Jayati Ghosh
The current economic recovery in Pakistan, which comes after the dismal decade of the 1990s, is based on increased foreign exchange inflows into the economy associated with the particular strategic choices made by the Musharraf regime. Domestically, the impetus to growth and employment generation still remain limited.
The Post-War Afghan Economy
07 July, 2003,
On 22 December 2001, following the defeat of the Taliban by a coalition of US and Northern Alliance forces, an interim administration under Hamid Karzai mandated from above by the Bonn peace agreement took charge of Afghanistan.
The Dubious New Alliance
31 May, 2003, Jayati Ghosh
There was a time when India was seen, internationally, as an originator and major force in the non-aligned movement, a leader of the developing world, and generally a bulwark against imperialism. Much has changed since then.

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