Subir Gokarn
 "Subir Gokarn")
Subir Gokarn
Page 4 - Subir Gokarn
Subir Gokarn: The state of the state
If we can't live with our state, we can't live without it either
Subir Gokarn: An evolving multilateralism
The value of institutions is not in what they think is right but in what they know is wrong
Subir Gokarn: The guar gum example
The growth in guar gum exports may hold important lessons for Indian agriculture
Subir Gokarn: Slow burn
Climatic trends, even if distant, have significant implications for India
Subir Gokarn: The taper that didn't
The episode holds lessons for both domestic policy and international co-ordination
Subir Gokarn: Public sector - Act V?
Couldn't live with the public sector, but can't live without it either
Taper tribulations
Tapering impacts are short-term, only fundamentals will determine the path beyond it
Fighting without fighting
To enhance dollar inflows, regardless of source, the same things will need to be done
From where did poverty go?
Poverty reduction should be widespread, sustainable and aligned with other objectives
 "From where did poverty go?")
The assignment problem
Even in stress situations, policy instruments and targets must be appropriately matched
 "The assignment problem")
Rollback repercussions
The Fed's tapering heightens risks, but these can be responded to
 "Rollback repercussions")
A long haul
The wide current account deficit is structural in nature and only structural responses will work
 "A long haul")
When role models fail
The steady erosion of role models could have wider social consequences
Where's the coal?
The binding constraint has shifted from power generation to coal availability
 "Where's the coal?")
Balance sheet reforms
An effective, transparent mechanism for transferring public assets to the private sector is long overdue
 "Balance sheet reforms")
Pathways to obsolescence
Chinese manufacturing and Indian software face similar trajectories and risks
 "Pathways to obsolescence")
Economic stress and political outcomes
Electoral outcomes in times of economic difficulty provide no guarantee of resolution
 "Economic stress and political outcomes")
Capital flow conundrums
Recent two-way movements have highlighted the complexity of managing the capital account
Subir Gokarn: From bottleneck to bottleneck
Alternating periods of fast and slow growth may well be the reality
Subir Gokarn: The impossible trinity?
The Budget tried to please politicians, rating agencies and reformists, and let them all down - slightly
