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1991 Déjà vu MM Singh back on the hot seat
20 Years back our current Prime minister and then the Finance minister, explained and addressed the need of urgency to implement the economic reforms. Now he is both the PM and FM of this country....
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Emerging Economies and Currencies
The combined output of emerging-market economies now accounts for more than half of world GDP and energy consumption. The emerging countries also hold 70% of the world’s foreign-exchange reserves. As a...
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Currencies war
So wrote the great economic iconoclast John Maynard Keynes in an essay titled “The Great Slump of 1930,” published in December of that year. Thirteen months had passed since the crash of 1929; the...
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