Archive for December 17th, 2014

Financial inclusion in Sri Lanka..

December 17, 2014

Nice paper on fin inclusion in SL by Saman Kelegama and Ganga Tilakaratna.

Without much hype, SL has made rapid strides in financial inclusion in South Asian region. About 68% of households have banking accounts highest penetration in the region:

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Has Indian PM avoided the Time Magazine curse?

December 17, 2014

Ruchir Sharma has this interesting article.

He says Indian PM has actually won by not being nominated for Time Magazine Person of the Year:

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Is giving gifts during Christmas a bad economic idea?

December 17, 2014

Kevin Albertson of Manchester Metropolitan University revisits the idea of gifting during x-mas.

Economists (the mainstream ones) think that gifting leads to dead weight loss.Better to give people cash instead:

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