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The IMF Programme Interregnum

The IMF programme interregnum

Completion of the fourth quarterly review by the IMF has been delayed now for more than a month. What are the reasons for the delay? Is it due to the…

Harsh, Though Denied Realities

Harsh, though denied realities

Last week, a report released by the Organisation for Economic Co-operation & Development (OECD) disclosed that, globally, the rich-poor gap is now as wide as it was in the 1820s.…

Worrying Complacency

Worrying complacency

Funding large budget deficits in pure rupee terms is a relatively easier proposition. Lenders can be repaid by printing money. What it would do to the buying power of these…

WEF: Some Forum It Is!

WEF: some forum it is!

Every year plutocrats get together at the World Economic Forum (WEF) in Davos to review the developing economic trends and explain how financial markets, trade, employment, governance and environmental pollution…