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The only remedy is to have a wider cross-section of well-meaning, educated Indians enter electoral politics
Four elements of financial sector reforms can ensure a sustainable return on equity
If India can fast utilise currency flows for long-term projects, the regulatory regime could be more liberal
It is not in our interest for the rupeee to rise against the dollar in which our exports are invoiced
A Carnegie paper estimates India's GDP will grow at 5.9% p.a. till 2050, compared to China's 5.6%
We have a window of opportunity to enact an improved version of the Glass-Steagall Act
About 10 million US residential mortgages are underwater. This may lead to defaults
Low sovereign ratings could be costing India around $2 bn in annual interest outflows
India's efforts at reforming global finance should focus on technical aspects of capital adequacy
Policymakers need to broaden the scope of financial application
Ways to better manage and restrict default risk
With reforms hard to come by, having competent people man discrete projects may be the best option
Only ready access to hard currency credit will dissuade Asian countries from stockpiling FX
Regulatory overhaul won't work without a cut in compensation packages
India should devise alternative investment avenues for its hard currency reserves
DEREGULATE AND PERISH? - II