A V Rajwade

At present, two models to limit excessive inequality exist: The social democracies in Europe and the Chinese model of democracy within the ruling communist party but no adult franchise

Before our political masters talk of a sovereign wealth fund, we need a far better balance between external assets and liabilities

Trump's economic policy objectives have given new life to the issues raised by the economist

It's not monetary policy determining inflation and employment rates; it's the other way around

It's not just crony capitalism and dishonest businessmen who are responsible for NPAs in PSBs

Adherence to a fiscal deficit target without full reform of govt accounts may not be sufficient

Paper discusses issues relating to sovereign debt defaults irrespective of the currency of the debt

Trump's anti-globalisation agenda is worrying for the developing world

Despite her conviction, Lagarde has brought about policy changes at the organisation

Despite its continued appreciation, the currency seems undervalued

A liberal capital account reduces growth, increases income inequality and creates a dilemma for monetary policymakers. Yet we persist with it

A virtuous cycle has to take take off if electronic transactions as a medium of exchange is to soar in India following demonetisation

Given the unprecedented nature and scale of the demonetisation move, only in retrospect could the implementation have been better

Are independent central banks more a part of neoliberalism, of a laissez-faire ideology, not a way to improve the economy?

What the US election result will do is help the right-wing political parties in Europe, some of which are facing elections shortly

How relevant to the real world is economics dominated by mathematical formulae and abstract models?

IMF's macroeconomic theories are not in sync with situations on the ground

The only way in which the exchange rate will ensure a balance in the external account and optimise consumption is direct intervention by the central bank

A review of IMF's stance on market-determined exchange rates is needed

An economy pays a heavy price in terms of output loss, higher unemployment