The Gold Standard  

I have a lot of sympathy for what Chinese regulators have done with respect to the sale of derivatives by Western financial institutions to Chinese investors (companies, individuals, funds, etc.).  The article makes a veiled reference to the implications that it would have for the internationalisation of the Chinese currency. But, that is best ignored.
The [...]

On a day when India learnt that the Central Government challenged the order of the a bench of the Delhi High Court ordering proper pension payment to Mr. E. Sreedharan , it is good to read Martin Wolf’s piece in FT on what should India do to become affluent by 2039. It puts the progress India [...]