Archive for April 24th, 2012

Interview of Nitish Kumar – Bihar game changer

April 24, 2012

A superb interview of Nitish Kumar. Many interesting things are covered like India’s federal structure, current strains between centre and state relations, China’s growth story, whether he would like to stay in China etc.

Sample this on China succeeding despite not really knowing English:

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IMF reversal on intervention in forex market – it seems fine now..

April 24, 2012

Another interesting twist from IMF econs. So far they strongly advised central banks to just look at inflation and interest rates. Now they seem to be ok with EME (emerging economies) central banks to also monitor exchange rate developments using exchange rate intervention as a tool:

EMEs are different from developed:

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Why NY needs to move beyond Wall Street?

April 24, 2012

A super column from super economist Ed Galesar. He says Finance-heavy New York must recapture its economic diversity.

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