India: Reaganesque Tax Cuts Will Spur a Strong Economic Recovery
FM Nirmala Sitharaman announced a dramatic reduction in the corporate tax rate to 22% (from 30%) for any company willing to forego all exemptions....
517 Views
Fears of US-China Currency War and Flagging Global Growth Fuel Monetary Easing in EM
On 5 August, the Chinese currency finally broke the psychological threshold of 7 vs. USD. Later on the same day, the US State Department...
410 Views
Liquidity Unclogged, a Vision for Economic Transformation but Light on Fiscal Detail
FM Nirmala Sitharaman's debut Budget Speech skipped all mention of the fiscal deficit target, or the arithmetic of spending and expenditure. That...
456 Views
How US-China Trade War Impacts Monetary Policy in EM
The breakdown in trade talks between the US and China has cast a pall over global markets and darkened the outlook for global growth. The markets...
522 Views
The New Industrial Revolution Will Transform India over the Next Half-Decade
With the biggest electoral mandate that any government has had in the economic-reform era (since 1991), PM Modi is set to unleash Big Bang reforms...
638 Views