Economic Crisis - An Awkward Corner

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Wednesday, April 01, 2009 3:03 PM

Burn, Baby Burn --- And Save The World Economy

The latest fashionable idea that has grabbed the attention of desperate policy makers is cash for clunkers --- or the proposal that governments in recession-hit countries should pay consumers to trade it their old vehicles and buy new, fuel-efficient...
Posted by Niranjan Rajadhyaksha | 4 comment(s)
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Friday, February 20, 2009 2:49 PM

And Now: Balance Sheet Recessions

The pace at which economic activity is shrinking around the world despite huge government interventions has experts worried and puzzled. Just as there is a new respect for unconventional policy measures --- from zero interest rates to bank nationalizations...
Posted by Niranjan Rajadhyaksha | 2 comment(s)
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Wednesday, January 21, 2009 7:33 PM

Message From IMF: The End Of The Tunnel Is Not In Sight

It's hard to get into a conversation on the economy these days without bumping into the comforting new consensus that growth will pick up from the fourth quarter of this calender year. And then IMF managing director Dominique Strauss-Kahn tells us...
Posted by Niranjan Rajadhyaksha | 3 comment(s)
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Tuesday, January 06, 2009 6:09 PM

The Raghuram Rajan Fan Club

Raghuram Rajan is widely regarded as a Very Smart Guy. He once co-authored a book called Saving Capitalism From The Capitalists . His new theme seems to be: Saving Finance From Financiers. Rajan was attacked and ridiculed by many of the world's best...
Posted by Niranjan Rajadhyaksha | 10 comment(s)
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Friday, November 14, 2008 7:17 PM

Reverse Migration: Chinese Abandon Cities. And Indians?

The sharp economic slowdown in China has led to factory closures and layoffs. (Note to the CPM: what does that tell you about the state of labour rights in the workers' paradise?) The New York Times has a very good story on this. One part of the story...
Posted by Niranjan Rajadhyaksha | 11 comment(s)
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