Teaching macro economics needs course correction

Following the ‘Great Recession’ of 2007-09 in the mature economies abroad, there’s much talk of proactive change in the offing. While the Obama administration continues to mull ov.. Read full story

A matter of degree, not kind

It is notable that 175 years after Macaulay's minute on education, which led to monumental changes in pedagogy and learning here, things remain very much in a state of flux.
Now, in calling f.. Read full story

Growth, innovation and change

The centre of gravity of the global economy is unmistakenly shifting east, certainly in terms of sheer economic growth. And the debt-ridden turbulence in Europe and structural rigidities in the mature.. Read full story

State of mind: The ballot is still caste in the 21st century

A recent occasional publication of the India International Centre is a paper on the perverse phenomena of discrimination in the country, despite proactive legislation and requisite laws to the cont.. Read full story

Avoid a high-cost gas economy

In the judgement in favour of Reliance Industries Ltd in the gas dispute with Reliance Natural Resources Ltd, the Supreme Court, it seems, has based its interpretation as per the letter of the law. Read full story

Simplified options led to financial crisis

Now that there is relative stability following the global financial crisis of 2008, the mavens have been thinking loud and analysing what exactly went wrong.
The Institute for New Economic Think.. Read full story

Revamp financial regulation

It is useless to close the gates against ideas; they overlap them, noted the visionary contemplating change across borders. That was then, in financially far-more-sedate times.
.. Read full story

RBI must aim for a fine balance

It is better to err on the side of daring than the side of caution, noted the futurologist, anticipating scenarios and events. That was then, in economically more predictable, less uncertain times, gl.. Read full story

GST, according to Kautilya

Book V of Kautilya's Arthashastra deals with what in today's parlance is termed tax policy, complete with attendant rates of levy. What's suggested is a panoply of rates for different goods and servic.. Read full story

Now's the time to control systemic risk

A problem is a chance for you to do your best, noted the jazz legend, proffering a practical solution for all time. The recent financial crisis has focused policy attention on systemic risk and h.. Read full story