Posts Tagged ‘Business Standard’

India’s fiscal and monetary policy – studies in contrast

10.27.09 | Author: V Anantha Nageswaran | Posted in Economic and Public Policy, India, Monetary Policy | No Comments »
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Business Standard writes a good editorial on the need for fiscal deficit consolidation in India. It is a timely reminder:
The deterioration in fiscal parameters in 2008-09 and 2009-10 has been on account of both the fiscal stimulus and pre-election populism…..If during the downturn monetary policy had to accommodate the needs of fiscal policy, in months [...]

Arms-length delivery

07.25.09 | Author: V Anantha Nageswaran | Posted in Uncategorized | 2 Comments »
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‘Business Standard’ newspaper carried an excerpt from the speech of Mr. Bimal Jalan on July 15th. I happened to see it today. The difference between outsiders and insiders turned outsiders giving policy suggestions is evident in the precision and the specific nature of the suggestions made. The former runs a higher risk of being arm-chair. [...]