Ila Patnaik now has a blog, an RSS feed and a twitter feed. The blog will also email out updates to you. Her stock of materials is on her home page on the w...
Monday, 27 August 2012
Monday, 20 August 2012
The widget illusion
Posted on 18:59 by Unknown
The Economist runs a discussion forum titled The Economist By Invitation. In this, they recently setup a discussion about an opinion piece by Dani Rodrik about the future of manufacturing-led growth in emerging markets. I wrote a response there which is reproduced here.The role of manufacturesI agree with a small element of Dani Rodrik's argument, but mostlyfor different reasons. Rodrik says:Except for a handful of small countries that benefited from natural-resource bonanzas, all of the successful economies of the last...
Posted in China, currency regime, education, GDP growth, infrastructure, labour market, socialism, the firm, trade
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Saturday, 18 August 2012
Interesting readings
Posted on 20:47 by Unknown
Ila Patnaik in the Indian Express on the role of the Ministry of Finance in India's growth. Pratap Bhanu Mehta in the Indian Express on India's cabinet reshuffle. Anil Padmanabhan in the Mint about how things have changed at MoF after Chidambaram got back.Bibek Debroy on a major problem that afflicts India today: Human capital obsolescence. Now that I'm safely past that age, I know the right answer for leadership positions: the right age is 40.Theodore Dalrymple in the Wall Street Journal likes India's...
Friday, 17 August 2012
Call for papers: IGIDR Emerging Markets Finance Conference, December 2012
Posted on 19:22 by Unknown
EMF 2012, Call for pap...
Monday, 6 August 2012
White label ATMs
Posted on 07:02 by Unknown
by Harsh Vardhan.On 20 June, RBI issued guidelines that permitted White Label ATMs (WLA) to be operated in India. These guidelines could make a very significant change in the banking business - one that would go a long way in improving penetration of banking. This was a move that was long overdue. We can now look forward to very rapid expansion of the ATM networks along with many new services being offered at them.ATMs arrived in the US in the late 1970s and in India somewhere in the 1990s, when some foreign banks set up a few in Mumbai and...
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