gdp Courtesy: Sova News
9 June 2017

Deciphering India’s GDP math

Provisional data on India’s GDP for the fourth quarter of 2016-17, released at the end of last month, suggests that the economy is not shining, a condition that has been in the making much prior to the government’s demonetisation exercise: it’s private capital formation that is absent. This must rouse the policy makers to action.

PAKISTAN-CHINA-DIPLOMACY Courtesy: AFP
18 May 2017

Pakistan: riding high

The Indian government must be commended for staying away from the Belt & Road Forum in Beijing this week on the basis of principled objections. However, the forum has robust global participation – 30 heads of state attended the meeting, as did the chiefs of the UN, World Bank and International Monetary Fund (IMF). India was the only country in the world that was invited, but refused to participate

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

Indian Trade Route Courtesy: Gateway House
4 April 2017

Diversifying India’s trade destinations

India’s global economic engagement, especially with the developing world, has increased in the last two decades, but trade with South Asia has remained low. It holds the potential for building greater productivity and more inclusive growth in India and the region

g20 baden baden Courtesy: The Telegraph
4 April 2017

Dark clouds over free trade in G20

President Trump’s “America First” rhetoric has eroded support for the commitments that leaders made at previous G20 summits regarding trade: rejecting protectionism and strengthening the multilateral trading system. What implications does this have for global trade? Will the more moderate voices in the administration get heard?

financial-chart-backgrounds-wallpapers Courtesy: Northernminer
14 February 2017

Global taxation and the perversion of capital flows

In the wake of trade-based globalisation followed by financial globalisation, a large volume of capital began moving from developing to advanced countries. This has resulted in relatively poor developing countries effectively becoming net creditors to the rest of the world. Reversing this massive outflow of capital requires governments to strengthen governance in all its dimensions and have closer international collaboration to tighten the regulatory oversight of tax havens for greater transparency

RBI Courtesy: India.com
14 February 2017

Retreat of globalisation: central banks in the crosshairs

Central banks play a critical role in forging the country’s international economic relations. Now, with the rule-based order being reset and new regimes getting established, they are better positioned to influence the playing field. It is, therefore, critical to strengthen the Reserve Bank of India so it can drive an agenda closer to the interests of emerging countries. This will also be a test of India’s future leadership capabilities