The BJP's Election Manifesto
Apr 17th 2014, Jayati Ghosh
One of the most dangerous aspects of the BJP's vision for India is that it envisages the enforcement of an aggressively pro-big business agenda.
Big Business and Mr. Modi
Apr 16th 2014, C.P. Chandrasekhar
If India is not to be handed over to big business and a rabidly communal fringe, it is best to keep Narendra Modi out of the Prime Minister's office.
Pre-election Euphoria?
Apr 15th 2014, C.P. Chandrasekhar
The recent surge in the SENSEX despite sagging performance of the overall economy reflects selective speculation by international finance which makes it more volatile.
Nirmal Kumar Chandra
Apr 15th 2014, Prabhat Patnaik
Totally free of any malice and devoid of any pettiness, Nirmal Kumar Chandra was the sort of person one often reads about in fiction but scarcely meets in real life.
The Compleat Economist - Nirmal Kumar Chandra (1936-2014)
Apr 15th 2014, Ashok Mitra
In a tribute to Nirmal Kumar Chandra, the author says that the least that can be said, and that should be enough, is that Nirmal Kumar Chandra was the Compleat Economist.
Financial Strains in the “New” China
Apr 9th 2014, C.P. Chandrasekhar
Growing corporate debt and recent reporting of default raise questions on an impending crisis as the financial liberalisation process creates greater volatility in China.
Seasons of Migration to the North
Apr 9th 2014, Jayati Ghosh
The dismal condition of the migrant workers, depicted by a recent study, raises a question on the argument that migration in India is no longer distress-driven but demand-led.
The Next Internet Bust?
Mar 18th 2014, C.P. Chandrasekhar
Excess liquidity as part of the crisis solution may well be setting up the next IT bubble with investors speculating on start-ups even without definite revenue roadmaps.
Rajan's Target: Inflation or the poor?
Mar 18th 2014, Rohit
The RBI Governor's call for inflation targets to be set by the parliament is not a demand for providing relief to the poor, but a gesture to assure global finance capital.
The Uncertain World of Software Services
Mar 18th 2014, C.P. Chandrasekhar
Although RBI's survey points to a revival of India's exports, so long as global conditions remain uncertain there can be little certainty about its export performance.
Crony Capitalism in the Age of State Capture
Mar 10th 2014, C.P. Chandrasekhar
The illegal nexus between the state and big business for the benefit of both has strengthened under the neoliberal policy regime in India.
The Sources of Bank Vulnerability
Mar 5th 2014, C.P. Chandrasekhar
Higher NPAs in the public sector banks of India is a consequence of the liberalisation agenda pursued by the government rather than the failure of the bank managers.
Workers Dying in Qatar
Feb 24th 2014, Jayati Ghosh
Recognising the rights of migrant workers in Qatar is obviously crucial; but it is equally important to recognise the rights of workers in India.
No Method in this Confusion
Feb 21st 2014, C.P. Chandrasekhar
The new RBI Governor struggles to maintain stability in the face of the threat of a US tapering even as other countries face turmoil in the absence of control on capital flows.
Public Banks and the Burden of Private Infrastructure Investment
Feb 21st 2014, Jayati Ghosh
The pushing through of private infrastructure projects without due regard to regulatory requirements is unjust, socially disruptive and exposes the economy to financial risks.
Cleaning Up the Old Economy
Feb 12th 2014, C.P. Chandrasekhar
While RBI argues that its recent move aims at preventing counterfeit of currency notes, this can serve as an easy way of converting large volumes of black money into white.
What about the Aam Aurat?
Feb 12th 2014, Jayati Ghosh
The increasing evidence of patriarchal attitudes towards women among the AAP leaders is the most compelling reason for the growing wariness about the party among many people.
Cheap Labour and Competitiveness
Feb 7th 2014, C.P. Chandrasekhar
The author analyses the merits of the argument of China having reached the Lewis turning point, which is predicted to make way for new suppliers in the world market.
The Industrial Growth Conundrum
Feb 7th 2014, C.P. Chandrasekhar
The variations in manufacturing growth estimates by IIP, NAS and ASI triggered reports of an upward revision in 2011-12 GDP growth estimate, but the reasons are not obvious.
Search for Recovery
Feb 7th 2014, C.P. Chandrasekhar
Although every significant country of the world is still in the midst of growth deceleration, forecasters confidently hold out hopes of a recovery.
India's Proposed FTAs with EFTA and the EU: Complicating a myopic policy regime
Jan 31st 2014, Smitha Francis
India should put on hold the signing of further bilateral and regional trade agreements and strive for a trade policy compatible with a strategic industrial policy.
The Geography of Global Manufacturing
Jan 27th 2014, C.P. Chandrasekhar
The US's cries on the looming threat from China seem to be just propaganda to pre-empt any challenge to existing imperial power.
Understanding the "Mango People"
Dec 31st 2013, Jayati Ghosh
People's aspiration for alternative, symbolised by AAP's success, creates progressive political possibilities if the left can see the changing realities and think creatively.
The "Remaking" of Indian Banking
Nov 29th 2013, C.P. Chandrasekhar
There is little innovation in the nature of the financial reform that the present RBI governor recommends. These are all proposals that have been unveiled in the past.
Democracy, Neoliberalism and Inclusiveness
Nov 26th 2013, C.P. Chandrasekhar
A strategy of inclusive development is required instead of the rhetorical ''inclusive growth'' propagated by two main political parties in the run-up of next general election.
Goliath's Nasty Ways: Chevron and the people of the Amazon
Nov 14th 2013, Jayati Ghosh
In the Ecuador environment damage case, Chevron’s act of influencing the verdict in a counter-suit filed in the US shows the universal lack of accountability in global firms.
On Vinod Raina
Nov 1st 2013, Jayati Ghosh
In spite of having the choice of living a comfortable academic life, Vinod Raina dedicated his entire life to people's education and various other people's rights movements.
A New Growth Consensus?
Oct 28th 2013, C.P. Chandrasekhar
Recent measures by the RBI and the government emulate the path of fuelling growth by easy credit for specific sectors but that path is fraught with the risk of bank fragility.
On the Economics Nobel Prize
Oct 19th 2013, Jayati Ghosh
The Global Financial Crisis notwithstanding, the Economics Nobel Prize shows that the power of finance remains undiminished.
Shutting Out the Progressive Agenda
Oct 17th 2013, C.P. Chandrasekhar
The US shut down reflects the extent to which finance capital controlled Right is ready to go to prevent any progressive social sector agenda even in the post crisis scenario.
Is there a Flight of Capital from India?
Oct 10th 2013, C.P. Chandrasekhar
Capital flight from India aggravated the overall position of rupee, but the country's balance of payments position is the fundamental weakness which needs to be addressed.
Is the Party Over?
Oct 3rd 2013, Rohit
The article analyses the reasons behind the poor performance of the Indian economy in the recent past and suggests measures for way out of the current crisis.
Class War at the Capital
Sep 19th 2013, Prabhat Patnaik
Indian State's treatment of workers under neoliberalism is not a normal "class war," but a "class war" in which the ruling classes are fast moving in the direction of fascism.
Open Access vs Academic Power
Sep 18th 2013, C.P. Chandrasekhar
While open access helps democratise the distribution of peer-reviewed research, it is not clear whether this would rid the system of journal branding and journal hierarchies.
Making Growth Deliver Exports – Not the other way around
Sep 18th 2013, Jayati Ghosh
With the North reducing import dependency, the neo-liberal export led growth model must be replaced by raising domestic demand and industrialisation in the South.
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