Archive for July 2nd, 2012

Comparing Balance Sheets: RBI with Select Central Banks

July 2, 2012

Blogging has been weak. The reason has been this study which I was trying to do.

I have tried to compare RBI balance sheet with balance sheet of some select central banks. The comparison is pre-crisis and post-crisis.

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Two schools of thought on European integration

July 2, 2012

An optimistic note on European crisis. It is by C . Fred Bergsten and Jacob Funk Kirkegaard of PIIE.

I liked this bit from the note. It begins with little history on the EMU and says:

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Economics of Political Unwillingness…

July 2, 2012

I just stumbled upon this paper written in 2000 by Ajit Karnik of Mumbai University. It was just an amazing reading.

The paper given  an eco perspective to political unwillingness. In the process, we also understand  why certain political decisions are made. We also get some amazing literature to read on the subject. It also helps us understand a bit about why UPA won elections in 2009.

The paper looks at why most policies are inefficient. Political unwillingness seems to be a critical reason as per the author.

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