Archive for February 3rd, 2011

How Fed’s Asset Purchases helped?

February 3, 2011

In this short note, FRBSF economists say the Fed’s asset purchases were very useful.

They summarise their paper on the same topic:

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RBI’s balance sheet declined when other central banks’ balance sheets surged…

February 3, 2011

RBI Governor Subbarao in this speech explains how RBI balance sheet (B/S) was different from the other central banks in the crisis.

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Charter cities starts with Honduras

February 3, 2011

It was just a matter of time. With economists like Paul Romer at helm and massive appeal of the concept, charter cities was an idea just about to happen. In the blog, previous posts showed talks were on with some governments to launch the concept.

In a recent post Prof Romer says Honduras has passed amendments in its  constitution to create charter cities:

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State of global affairs

February 3, 2011

A friend emailed me a superb insight. It explains the state of global affairs in just a few lines:

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