Archive for March 31st, 2011

India’s Goods and Services Tax – A Primer

March 31, 2011

This is the title of my new paper. Comments/Suggestions are welcome.

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Impact of credit ratings on European Debt crisis

March 31, 2011

A new paper from IMF economists look at the impact of credit rating calls on European economies:

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Financial Inclusion: Demand- Supply perspective

March 31, 2011

This is the title of another superb speech from Subir Gokarn, Deputy Governor of RBI. He keeps coming up with some really useful speeches on Indian economy. The speeches are a good mix of economic research and analysis.

In this speech he gives a nice demand-supply perspective on financial inclusion. There is always a question – Is lack of financial inclusion a supply problem (not enough banks etc) or a demand problem (people do not want these services)? The speech does not answer that definitely. But it does show there could be a certain demand for some financial products which help manage medical and wedding planning costs. Hence the focus of the speech is to use demand and supply of financial inclusion to design better financial products.

He sums up the key messages from his analysis:

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