Going back and forth on ECB policies may be costly as this may signal that India is ambivalent about capital account convertibility.

Jaimini Bhagwati: Why have stop-go ECB policies?

Business Standard

We need to make renewed efforts at promoting a higher degree of specialisation within government.


Jaimini Bhagwati: Generalists vs specialists

Does the ministry of corporate affairs have the mandate or the staff to regulate companies?


Jaimini Bhagwati: Independent directors & corporate governance

One way to contain egregious risk taking could be to stagger and cap annual bonuses. 


Jaimini Bhagwati: Are top bankers highly overpaid?

The average quality of education in science and technology is relatively low in India 


Jaimini Bhagwati: `It is technology, stupid`

As US economic growth remains at current levels or dips, developing country firms could be affected adversely. 


Jaimini Bhagwati: Credit cycle downturn ahead?

To strike at the roots that feed corruption in India we need to move quickly on poll campaign finance reform.


Jaimini Bhagwati: Why bother about corruption?

The bias in favour of OECD countries is better understood if we think of the IMF and the World Bank as conservative financial firms. 


Jaimini Bhagwati: IMF & World Bank: In a time warp?

Is the allocation of Indian foreign currency asset management to the RBI conducive to a satisfactory rate of return? 


Jaimini Bhagwati: Return on FCA

The Centre needs to increase its issuance of inflation-linked bonds in a phased manner.


Jaimini Bhagwati: Nominal and real interest rates

We need to try out IPO auctions, on an experimental basis, as a way of improving price discovery.


Jaimini Bhagwati: Why bother about IPO pricing?

The efficacy of surveillance and follow-up legal action needs to be reviewed by the regulators. 


Jaimini Bhagwati: Market integrity & Indian equity markets

The best way to deal with capital inflows is to promote additional use of FX for onshore projects 


Jaimini Bhagwati: Capital inflows & participatory notes

It is time for regulators to pool efforts to standardise valuation and risk assessment methodologies used by credit rating agencies.


Jaimini Bhagwati: Tighten regulation of rating agencies

The High-Powered Expert Committee report sounds impatient on various issues like capital account convertibility. 


Jaimini Bhagwati: IFC - The right path?

Given the circumstances, it is difficult to pursue sound exchange rate management policies.


Jaimini Bhagwati: Exchange rates & currency derivatives

It is surprising that some are so sure about the policies that could have been followed after 1947.


Jaimini Bhagwati: 1947-64: An age of short-sightedness?

Setting up an Asian Investment Bank will reduce "aid" from affluent countries.


Jaimini Bhagwat: How about an Asian Investment Bank?

Policies to hedge against the exposure to disruptions in supplies and sustained high prices should be complemented by financial strategies. 


Jaimini Bhagwati: Strategic oil reserves and other options

&nbsp;About 40 per cent of OECD countries have adopted accrual based budgeting. 
&nbsp;It would be a reform move towards greater transparency if, in addition to cash based numbers, the Indian Budget were to be presented on an accrual basis to account for contingent liabilities.

Jaimini Bhagwati: Accrual based budgeting

P>Let us not overstate the importance of inflation targeting in ensuring high growth.

Jaimini Bhagwati

Jaimini Bhagwati

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