 "Ajay Shah")
Ajay Shah
Ajay Shah
Page 6 - Ajay Shah
Global macro in 2022/2023
We are in new terrain, with four problems coming together
 "Global macro in 2022/2023")
Big firms versus intra-India variation
Each firm needs to choose how to respond to the enormous variation of locale within India
 "Big firms versus intra-India variation")
Root cause analysis for the power crisis
Electricity shortages come from government involvement in resource allocation
 "Root cause analysis for the power crisis")
Traversing across the hope and fear
Each Indian firm has to reconcile internal strength with three external threats
 "Traversing across the hope and fear")
Focus on CPI inflation
Exchange rate stabilisation will import high tradeables inflation into India
 "Focus on CPI inflation")
The NPS challenge
We need to hang in there, to create safety for pensioners and the Indian state
 "The NPS challenge")
Three problems for world economy
US monetary policy, China and Russia are three difficulties impacting the world economy, together
 "Three problems for world economy")
How damaging is freezing CB assets?
Not much. Just that the CB is not able to manipulate currency markets
 "How damaging is freezing CB assets?")
How to decarbonise
Central planning in decarbonisation will impose excessive costs upon society
 "How to decarbonise")
Climate justice and India's choice
As the fourth-largest source of emissions, India will be noticed if a strong climate transition does not commence
 "Climate justice and India's choice")
New hope in private investment?
Perhaps we've just experienced a turning point in private investment
 "New hope in private investment?")
Why is the IPO process so baroque?
The listing process in India is unfair to the people who are building new firms
 "Why is the IPO process so baroque?")
What good are BITs?
Payouts on account of BITs are like insurance payments that undergird foreign investment
 "What good are BITs?")
Success in exporting goods
Firms in India have much to gain by prioritising the export sector, either directly by exporting or by selling to exporting firms
 "Success in exporting goods")
Did central planning end in July 1991?
Government picking winners is alive and well
 "Did central planning end in July 1991?")
Let's step back from the NPA Scare
Regulators and agencies need to instil less fear in lenders, so that they are able to actively restructure debts
 "Let's step back from the NPA Scare")
How might lab-leak hypothesis matter?
Until the Chinese archives are opened, a decisive answer may not be obtained on whether the hypothesis is true or false
 "How might lab-leak hypothesis matter?")
Distant thunder in the world economy
We're in the happy period of global economy coming back to life, but we need to watch carefully the US inflation situation
 "Distant thunder in the world economy")
The way forward for firms
Indian firms need to prepare for export boom by vaccinating employees, their family members; and prioritise export market
 "The way forward for firms")
Winning the war through vaccines
To restore normalcy, the present vaccination rate of 3 million doses per day needs to go up by 3 to 4 times
