 "Best of BS Opinion: Emerging resilience, occupation hazards & more")
Rolling back pandemic-era policy accommodations and a sharp increase in the policy rate by the US Federal Reserve since March 2022 intensified fears of “taper tantrum 2.0” across emerging-market economies. However, emerging markets, including India, have shown remarkable resilience, underlining the criticality of strong domestic fundamentals in safeguarding economies from adverse economic shocks, the top edit says. Read it here
In other views:
Rathin Roy argues that given the growing economic disparities between north and peninsular India, the upcoming 16th Finance Commission should not be a business-as-usual, technocratic exercise. Read it here
Arunabha Ghosh and Sumit Prasad say COP28 in Dubai must hold up a mirror to climate pledges and promises by various countries. Read it here
The second edit explains why Israel’s plan for indefinite occupation of Gaza will not bring peace to the region. Read it here
QUOTE OF THE DAY
‘If you do not have anything against Mahua and it is the subject of investigation, then why has an expulsion been recommended?’
Trinamool Congress’ Abhishek Banerjee