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Rebalancing a Lopsided Global Economy
(Brookings India, 2018-05-30)
The growth in global current account imbalances has produced a lopsided global economy, characterised by large lenders and large borrowers, large savers and large consumers, and large exporters and large importers. For many years, the G-20 has committed ...
Indian Financial Sector: Structure, Trends, and Turns
(Brookings India, 2016-09-30)
This paper traces the story of Indian financial sector over the period 1950-2015. In identifying the trends and turns of Indian financial sector, the paper adopts a three period classification viz., (a) the 1950s and 1960s, which exhibited some elements ...