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Shankar Acharya: Exit policy and all that
November 12, 2009, 00:08 IST
Since the summer of 2009 the world economy has begun to climb out of the Great Recession of 2008-09, much sooner than most people believed possible in the grim months of autumn 2008.  Full Story
 
More Columns
A month to remember?
October 08, 2009, 00:59 IST
Everybody remembers September 2008.  Read
Policy continuity at the Reserve Bank
September 24, 2009, 00:59 IST
Two years have elapsed since the early stages of the global financial crisis led to the notorious run on the Northern Rock Bank in the UK and blew a big hole in the prevailing, three-pillar, monetary policy (new) orthodoxy of an independent central bank, charged with a single objective of an explicit inflation rate and a separate, single regulator for all financial institutions and instruments (see my article, “The New Orthodoxy crumbles” in Business Standard, October 25, 2007 for  Read
Growth and equity
September 10, 2009, 00:36 IST
Last week the CSO released its estimates for national income and growth for the quarter ending June 2009.  Read
A flawed Direct Taxes Code
August 27, 2009, 00:14 IST
Times are bad.  Read
G8 vs G20
August 13, 2009, 00:50 IST
The last few months have seen a flurry of summit meetings of world leaders in an impressive variety of groupings (G’s), including, notably, the G8 (+5+…) and the G20, which was elevated to a summit level gathering by US President George Bush in November 2008, following the global financial crisis.  Read
Fiscal stimulus or fiscal ruin?
July 09, 2009, 00:45 IST
Finance Minister Pranab Mukherjee’s maiden Budget for the freshly reelected UPA government disappoints in two major dimensions: it is timid on economic reforms and imprudent on fiscal management.  Read
The Leviathan returns
June 11, 2009, 00:24 IST
Government is back.  Read
Stability, security and stasis?
May 28, 2009, 00:30 IST
Less than a fortnight ago, when the election results were declared, the country was swept up in a flood of relief bordering on euphoria.  Read
Priorities for the new government
April 23, 2009, 00:24 IST
In less than a month a new government should be in place in India.  Read
Spring fever
April 09, 2009, 00:08 IST
Spring is in the air.  Read
A cloudy outlook
March 11, 2009, 00:21 IST
History never quite repeats itself.  Read
Global financial crisis - Asian view
February 12, 2009, 00:17 IST
The ongoing global financial and economic crisis has been gaining in momentum and virulence for well over a year.  Read
The non-fiscal stimulus
January 08, 2009, 00:20 IST
Within days of the “first” fiscal stimulus of December 7, 2008 there was mounting agitation for a second fiscal stimulus, fuelled by reports of a rapidly slowing economy and, perhaps,  Read
Tottering BRICs?
December 25, 2008, 00:17 IST
Remember “decoupling”?  Read
Crisis and Growth
December 11, 2008, 00:36 IST
The global financial and economic crisis keeps getting worse.  Read
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