Economics and Finance

The RBI’s Monetary Policy and Fiscal Policy

Monetary Policy A combination of stubborn inflationary pressures, weaker than expected monsoons and burgeoning twin fiscal and current account deficits have contributed to the RBI’s restraint in monetary policy easing. The RBI in its latest mid-quarter monetary policy review kept key rates unchanged, stating that the primary focus of monetary policy remains fighting inflation. The … Continue reading

Economics and Finance

Extending the mandate of International Monetary Fund from ‘Surveillance’ to ‘Surveillance and Enforcement’.

The macroeconomic imbalances have created a wide gap between developed and the developing nations in terms of trade deficit. As the demand in the countries running deficit is raising and those with surplus is falling further, trade scenario with a sustainable demand-supply structure seems like a far-shot. In an attempt to over stimulate growth rate; … Continue reading

Economics and Finance

Designing a global model for post crisis recovery

The fact that crisis has differentially affected the developed and the emerging economies has resulted in economies recovering at different pace and lack of coordination in fiscal and monetary policies of different countries. A common opinion that was coined after the crisis was that there is a dire need to strengthen regulatory oversight on the … Continue reading