Page 7 - Economists
A major recession in developed countries is unlikely: AIIB chief economist
We will have inflation at an elevated level for some time, says AIIB chief economist Erik Berglof
 "A major recession in developed countries is unlikely: AIIB chief economist")
EIU Liveability Index: Bengaluru ranks 146th, worst place to live in India
Economist Intelligence Unit on June 24 released its Global Livability Index 2022, which ranks cities across the world on their 'livability' quotient
 "EIU Liveability Index: Bengaluru ranks 146th, worst place to live in India")
Colombian Prez-elect confirms economist Jose Ocampo as Finance Minister
"Jose Antonio Ocampo will be our Finance Minister. Let's build a productive economy and an economy for life," President-elect Gustavo Petro posted on Twitter on Thursday
 "Colombian Prez-elect confirms economist Jose Ocampo as Finance Minister")
Work sought under MGNREGS in June still higher than before Covid
According to economists and policymakers, this reflects the continued lure of MGNREGS among rural manual casual labour despite a near resumption of economic activity, both in rural and urban areas
 "Work sought under MGNREGS in June still higher than before Covid")
Most economists see 50-bp repo rate hike: Business Standard policy poll
FY23 inflation projection may go above 6%; liquidity steps anticipated
 "Most economists see 50-bp repo rate hike: Business Standard policy poll")
WEF Chief Economists Outlook warns consequences from economy fragmentation
The World Economic Forum's Chief Economists Outlook report on Monday warned of dire human consequences from the fragmentation of the global economy
 "WEF Chief Economists Outlook warns consequences from economy fragmentation")
Economists warn of major food crisis in Afghanistan, says IPC Report
As unemployment and poverty take over the families of Afghanistan, economists warned of a major economic crisis in the country, if necessary steps are not taken on an immediate basis
 "Economists warn of major food crisis in Afghanistan, says IPC Report")
Economists expect higher rate hikes after RBI's hike to tame inflation
Most economists are now forecasting a cumulative 125-150 basis points of rate hikes over the next 12 months, compared with about 50 basis points expected three months ago
 "Economists expect higher rate hikes after RBI's hike to tame inflation")
BS policy poll: RBI likely to hike inflation forecast, say economists
Most respondents see status quo on repo, reverse repo and stance
 "BS policy poll: RBI likely to hike inflation forecast, say economists")
Budget 2022-23: Avoid sharp fiscal correction, economists tell FM
According to the source, almost all economists recommended the government not to be too aggressive with their fiscal stance
 "Budget 2022-23: Avoid sharp fiscal correction, economists tell FM")
IMF says chief economist Gopinath to replace Okamoto as no. 2 official
The IMF named its chief economist Gita Gopinath to become its second-ranking official, replacing First Deputy Managing Director Geoffrey Okamoto
 "IMF says chief economist Gopinath to replace Okamoto as no. 2 official")
Gita Gopinath to become IMF's first deputy managing director next year
IMF's First Deputy Managing Director Geoffrey Okamoto will resign next year, and Chief Economist Gita Gopinath will replace him, the fund announced on Thursday."The IMF said today that First Deputy Managing Director (FDMD) Geoffrey Okamoto will leave the Fund early next year and that Gita Gopinath, currently the IMF's Chief Economist, is proposed to be the Fund's new First Deputy Managing Director," the press release said.Although Gopinath had been scheduled to return to her academic position at Harvard University in January next year, she decided to stay and accepted the new position, according to the release."In particular, the FDMD will take the lead on surveillance and related policies, oversee research and flagship publications and help foster the highest quality standards for Fund publications," the release noted.Gopinath will start in her new role on January 21, 2022.
 "Gita Gopinath to become IMF's first deputy managing director next year")
Economists write to PM seeking higher fund allocation for MGNREGA
The economists who sent this letter included Jean Dreze, Prabhat Pattnaik, Mahendra Dev, Pronab Sen and Himanshu, among others
 "Economists write to PM seeking higher fund allocation for MGNREGA")
Privatisation, growth should remain Budget focus, says EAC-PM
It also said the clear road map of privatisation and growth orientation of FY22 Budget should be maintained in FY23 as well
 "Privatisation, growth should remain Budget focus, says EAC-PM")
On yesterday's greats
After Mansoor Ali Khan Pataudi passed away, Suresh Menon persuaded lots of people to write about him
Need to devise new formula for states' borrowings: SBI Economists
States are increasingly borrowing higher by making ambitious GSDP projections and hence, there is a need for a new formula to define the loan caps, economists at largest lender SBI said on Tuesday.
 "Need to devise new formula for states' borrowings: SBI Economists")
The chirping economist
'Their comments pertain to government policy. Some praise it, others criticise it', says the author
An economist's selective notes
Kaushik Basu offers an engaging account of his days at North Block and World Bank but steers clear of controversial issues
 "An economist's selective notes")
Amartya Sen's memoir, Home in the World, presents the peripatetic thinker
The Nobel Prize-winning economist has combined pure memoir with chapters on fundamental philosophical, political or economic issues
 "Amartya Sen's memoir, Home in the World, presents the peripatetic thinker")
 "How passive income has become an integral part of everyone's life: Rohit Khosla")