Archive for November 28th, 2014

Economic development and the effectiveness of foreign aid: A historical perspective

November 28, 2014

Sebastian Edwards of UCLA updates the evidence on one of the controversial topics on development  — Does foreign aid work?

He says there are three schools of thought:

(more…)

Advertisements

Economics of taxi industry in India…too good to be true?

November 28, 2014

A superb article detailing how India’s taxi industry is changing. Mix of technology and huge VC interest is driving the taxi business. The only problem is one does not know whether the low fares are sustainable and too good to be true:

Will have to wait and see how all this pans out. Till then, the customers can enjoy the rides, a rarity on Indian roads..

Bank funding costs: what are they, what determines them and why do they matter?

November 28, 2014

BoE has an interesting article/primer in its latest quarterly article.

It uses colorful scales to show how banks manage their liabilities:

(more…)

Precisely the reasons why we should worry about Indian stock markets…

November 28, 2014

A sustained rally in stock markets and people are out giving all kinds of reasons for its sustenance. Even seasoned pros who have seen boom and bust make the same clamor just to keep the factor going. Dance till the music stops and make sure others dance with you as well.

Akash Praksah chips in to debunk two questions – Are India stocks over-owned? And are they too expensive? He points to how there is so much excitement around India and how this time is different. You know what to do when you start hearing these four words from many a faces.  Replace the article with India in 2007, US in late 1990s, Japan in late 1980s, US in late 1920s. The story is the same.

(more…)


%d bloggers like this: