29562902274_daf9fb5c4d_k Courtesy: IMF/ Flickr
18 April 2017

IMF spring meetings: projecting a pickup

The IMF spring meetings on April 21-23 will take place amidst good news of the global economy moving into a better position. But the underlying fundamentals are still weak both in advanced countries and emerging markets, with the risks considerable. Economic policy makers must recognise and address the challenges with global consensus and multilateral actions

Secretary_Kerry_Holds_Bilateral_Meeting_With_Ukrainian_President_Poroshenko_at_NATO_Summit_in_Wales_(15138223502) Courtesy: Wikipedia
18 November 2015

Will the IMF bend for Ukraine?

The IMF will soon consider an important change to its policy on lending that may help continue its bailout programme to Ukraine, even if Ukraine defaults on a loan from Russia that matures in December 2015. If it does make the change, the IMF could be staking its credibility to favour the West’s political agenda

AIIB Courtesy: file photo/Xinhua
1 April 2015

The new multilateral financial architecture

The announcement that major European powers will join the AIIB as founding members means the bank is now clearly accepted as a tangible game changer in the multilateral financial architecture. The formidable intentions of AIIB and the new transnational corridors project are both a challenge and an opportunity for India

Lagarde 2 Courtesy: IMF
19 March 2015

IMF, RBI and interest rates

The IMF’s 2014 review has some good GDP news but its reservations on interest rates bears closer attention. It can take 32 months for the effects of a an interest rate cut to be felt. What does this mean for the Indian economy?

raghuram rajan_right Courtesy: Dhiraj Singh/getty
6 May 2014

Decoding RBI’s policy on foreign debt

The RBI’s two-pronged strategy to protect the economy from tapering-led volatility discourages unproductive external borrowings and prods foreign portfolio debt investors to think long-term. There's another vexed issue: the IMF has sounded a cautionary note on the rising number of foreign currency debt laden Indian firms

EOH2 Courtesy: Alex Jensen
20 March 2014

Rethinking material progress

At a recent conference on the ‘Economics of Happiness’ in Bangalore, opponents of globalisation outlined a vision of an economic system rooted in community, localisation and fairness. However, convincing everyone to think beyond GDP growth and look at harmonious “intelligent growth” will be a challenge