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Blog Post
November 27, 2013
New uncertainties come to the fore now that the global economy, after six years of turmoil, is showing signs of a return to a more normal situation, where real interest rates in the United States turn positive and commodity prices stabilize at a somewhat lower level, due to a cooling of red-hot dema...
Blog Post
October 07, 2013
Emerging market currencies have seen a lot of action over the last few months. India’s rupee has fallen 20% against the dollar, the Indonesian rupiah and the Brazilian real are floundering after falling 15%, and Turkey’s lire has slipped 10%. I invited CGD senior fellows Liliana Rojas-Su...
Blog Post
September 04, 2013
This blog was originally posted on March 7, 2011.
Regulators at the Bank for International Settlements (BIS) in Basel, Switzerland, are hard at work designing regulatory standards to avoid future financial meltdowns like the global financial crisis of 2008. Joining them for two months is Lilia...
Blog Post
September 03, 2013
It’s been a tough few months for emerging-market currencies. The top slider, India’s rupee, has fallen 20 percent against the US dollar. The Indonesian rupiah and the Brazilian real have fallen about 15 percent; Turkey’s lira is down about 10. As the currencies fall, so d...
Blog Post
July 09, 2013
This post originally appeared in the Business Standard.
This United Progressive Alliance (UPA) government is heading into the tenth and possibly last year of office, a tenure whose crowning achievement might well be the Food Security Bill. One may fault this government for incompetence, corrup...
Blog Post
July 03, 2013
Today is a special day for all researchers and practitioners of economics, especially development and international economics. The new (version 8) of the Penn World Tables (PWT) has been released. The PWT revolutionized, actually by making possible, research on economic development, especially to an...