The Other Side

The future of the euro

Poll outcomes in France, Germany could have a bearing on the common currency

Updated On: 12 Apr 2017 | 10:52 PM IST

A V Rajwade: The nagging bad debt problem

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

Updated On: 15 Mar 2017 | 10:40 PM IST

A V Rajwade: Mathematical models in economics

Results of such models are only as reliable as the assumptions on which the models are based

Updated On: 08 Mar 2017 | 10:40 PM IST

A V Rajwade: The spectre of a currency war

Such a war would hurt global growth and that of India as well

Updated On: 01 Mar 2017 | 10:40 PM IST

A V Rajwade: The 'illusion' of independence

The world over, there are several limitations to central bank autonomy

Updated On: 15 Feb 2017 | 10:40 PM IST

A V Rajwade: Cover the full ground

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

Updated On: 08 Feb 2017 | 10:39 PM IST

A V Rajwade: Law of unintended consequences

This law coupled with Trump's trade protectionist policy may see China emerge as new economic leader

Updated On: 25 Jan 2017 | 10:40 PM IST

A V Rajwade: Not on an equal footing

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

Updated On: 18 Jan 2017 | 10:40 PM IST

A V Rajwade: Financial stability, capital flows and rupee

Research say fast growing economies have relied on domestic savings to finance domestic investments

Updated On: 11 Jan 2017 | 10:40 PM IST

A V Rajwade: IMF's agent of change

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

Updated On: 28 Dec 2016 | 10:40 PM IST

A V Rajwade: Gauging the yuan's value

Despite its continued appreciation, the currency seems undervalued

Updated On: 21 Dec 2016 | 10:35 PM IST

A V Rajwade: The two prices of money

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

Updated On: 14 Dec 2016 | 10:40 PM IST

A V Rajwade: Awaiting a feedback loop

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

Updated On: 07 Dec 2016 | 10:35 PM IST

A V Rajwade: Achievement, with some chinks

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

Updated On: 30 Nov 2016 | 11:00 PM IST

A V Rajwade: Independent central banks

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

Updated On: 23 Nov 2016 | 10:40 PM IST

A V Rajwade: The maths-economics duel

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

Updated On: 09 Nov 2016 | 10:46 PM IST

A V Rajwade: The gap between theory and reality

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

Updated On: 02 Nov 2016 | 11:55 PM IST

A V Rajwade: Going against the grain

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

Updated On: 26 Oct 2016 | 11:13 PM IST

A V Rajwade: IMF and globalisation

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

Updated On: 19 Oct 2016 | 9:49 PM IST

A V Rajwade: The cons of inflation targeting

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

Updated On: 12 Oct 2016 | 9:49 PM IST