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How bad can inflation be? Lessons from Turkey
Turkey is an emerging market. It has seen two decades of broad economic growth and an expanding middle class. It has traditionally been considered one of the most open and advanced Muslim democracies.…
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NPAs, Monetary Policy and Transmission and its Fiscal Implications
By: Arjun Tandon, Christ university, Bangalore The Reserve Bank of India is scrutinised for many things, but mainly for poor monetary transmission. The policy rates, when changed, do not affect lending or deposit…
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Coronavirus was just the beginning: New Challenges for India
Wasn’t it obvious to observe long queues and violations of social distancing in-front of the wine shops as soon as they re-open? Most of us resort to different means of escape when the…
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High retail and wholesale inflation: Reasons and Possible actions by the policymakers
The news about high retail and wholesale inflation is hitting the headlines of every newspaper for various reasons. The obvious one is that it has a high impact on the cost of living.…