More
on Fiscal Balances, Financial Markets and Power
September 17th 2025, C.P. Chandrasekhar
and Jayati Ghosh
The
response of international financial markets to changes
in fiscal stance across different categories of economies
tells us more about the role of power than any other
“economic” variable.
* This article was originally published in the Business
Line on September 16, 2025.
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