DSpace Collection:https://ir.iimcal.ac.in:8443/jspui/handle/123456789/41922024-03-29T07:50:36Z2024-03-29T07:50:36ZThe Growth-Inflation Dilemma: Who is the Real Culprit ?Goel, Rajithttps://ir.iimcal.ac.in:8443/jspui/handle/123456789/42102022-11-29T11:23:16Z2015-03-01T00:00:00ZTitle: The Growth-Inflation Dilemma: Who is the Real Culprit ?
Authors: Goel, Rajit
Abstract: The global financial crisis affected virtually every
economy in the world, and India was no
exception. But India recovered from the crisis
much sooner than even other emerging
economies. In the crisis year of 2008/09, growth
dropped to 3.9 per cent, but it recovered
reasonably well thereafter. In fact, in the two
years after the crisis, 2008/09 and 2009/10, growth
averaged 9.0 per cent which compares favourably
with the average growth of 9.5 per cent in the
three years before the crisis. However in 2012/13,
growth dropped to 4.7 per cent, a poor return for
an economy with great expectations
Description: Biosketch: Rajit Goel is a student of PGPEX batch 8 with over
five years of global experience in the mining
industry.2015-03-01T00:00:00ZLoans for Developing India, Gains for Japan?Mathur, Vaibhavhttps://ir.iimcal.ac.in:8443/jspui/handle/123456789/42092022-11-29T11:23:16Z2015-03-01T00:00:00ZTitle: Loans for Developing India, Gains for Japan?
Authors: Mathur, Vaibhav
Abstract: Is it just good karma for developed nations to give
aid to developing countries? Or is it actually good
for their own development too? It is interesting to
note that 95% of the United States’ top trading
partners were, at one time, US aid or loan
recipients. Today, 45 percent of all U.S. exports go
to developing countries which also happen to be
the largest beneficiaries of American loans.
In this article I explore the benefit the aid giver
receives from giving loans. While the article is
primarily set in the context of Japan’s loans to
India, the same can be said for many other similar
transactions. Also by no way do I intend to
demean the loans that Japan gives to India nor do
I intend to attribute any
ulterior motives for these. It is
an undeniable fact that some
of the best development work
in India has happened due to
Japanese loans.
Description: Biosketch: Vaibhav Mathur is a student of PGPEX batch 8 with
six years of experience in the development sector
and consulting industries2015-03-01T00:00:00ZFault Lines: A Book Review by Professor Menahem PrywesPrywes, Manahemhttps://ir.iimcal.ac.in:8443/jspui/handle/123456789/42082022-11-29T11:23:15Z2015-03-01T00:00:00ZTitle: Fault Lines: A Book Review by Professor Menahem Prywes
Authors: Prywes, Manahem
Abstract: Raghuram Rajan taught
for many years at the
University of Chicago’s
School of Business. He
served as Chief Economist
of the IMF, and is now
Governor of the Reserve
Bank of India. His book is
one of what must be
hundreds written on the
global financial crisis of
2007-2009 but deserves
to be
read for delving beneath the
superficial explanations for
the crisis: such as greed,
f r a u d , a n d b a n k e r s ’
excessive salaries - although
these played a role.
Description: Biosketch: Professor Manahem Prywes is a former World Bank
Economist, with over 25 years experience working in
post-conflict countries leading teams in delivering
effective social programs. He teaches the
"Globalisation and Developing Countries" course in
his capacity as a visiting faculty at IIM Calcutta.2015-03-01T00:00:00ZEditor’s deskFakih, FahdUpadhya, Raghvendrahttps://ir.iimcal.ac.in:8443/jspui/handle/123456789/42072022-11-29T11:23:15Z2015-03-01T00:00:00ZTitle: Editor’s desk
Authors: Fakih, Fahd; Upadhya, Raghvendra
Abstract: We are honoured to present an article by Professor
Menahem Prywes (visiting faculty to PGPEX and former
World Bank economist) on his opinions on Raghuram
Rajan’s bestseller Fault Lines. Other articles include an
article on the growth-inflation dilemma analysing India’s
need for productive investment; an article on Japanese
loans to India trying to uncover the gamut of motives
that developed countries have in providing loans to
developing countries; and an article on honking that
takes an interesting look at the problem in India and
suggests some solutions using the field of behavioural
economics.2015-03-01T00:00:00Z