Showing of 1-25 result
-
27-Aug-2018 | Michael Walton
Can India transit from billionaire raj and escape a crony populist trap?
India's real risk is not that crony populism would fail, but that it would succeed, consolidating a path that is fundamentally a trap, both in terms of social inequalities and long-term growth
-
10-Jan-2017 | Ashoka Mody & Michael Walton
Note ban and the allure of authoritarian populism
Modi believes that demonetisation will confiscate ill-gotten wealth and distribute it to the poor
-
05-Aug-2014 | Ashoka Mody & Michael Walton
Ashoka Mody & Michael Walton: Modi has promises to keep
He channelled the cry for change into an electoral platform. But the government has neither the mental model nor the political courage to effect real change
-
09-Aug-2013 | Ashoka Mody & Michael Walton
A bet with no upside
A strong rupee policy will deepen the very vulnerabilities it is trying to ward off
-
06-May-2013 | Ashoka Mody & Michael Walton
What type of crisis for India?
Orderly rupee depreciation, a lower fiscal deficit and credible stress tests for banks are essential to stave off crisis