A Misleading Debate
Jan 10th 2019, Prabhat Patnaik

The government's desire to use RBIís reserve is based on the erroneous theoretical understanding. This faulty formulation results from the need to avoid upsetting global finance

The furore over farm debt
Jan 4th 2019, C.P. Chandrasekhar

Agrarian crisis is a direct result of the neo-liberal fiscal regime, which advocates tax incentives for finance, the corporate sector, and the rich in general, and tight control over government borrowing; all this has resulted in long-term neglect of agriculture. Now the measures to provide relief to farmers are being opposed by neo-liberal advocates on the grounds that it will violate fiscal prudence and yet not resolve the problem created by neo liberal fiscal regime in the first place.

Remittances as Saviour
Dec 18th 2018, C.P. Chandrasekhar and Jayati Ghosh
Remittances from non-resident Indian workers, especially in the Gulf, have helped to conceal the failure of liberalization to deliver the promised export boom.
The Emerging International Regime
Dec 10th 2018, Prabhat Patnaik
The world capitalist crisis of reduced aggregate demand and the protectionism of the U.S. has resulted in a reduced export demand for world economies. Third world countries face enlarged trade and current account deficits, to overcome these deficits, countries like India will have to take measures on their own level.
 
Are global oil prices the culprit for Indiaís burgeoning trade deficit?
Jan1, 2019 , C.P. Chandrasekhar & Jayati Ghosh
It is generally assumed that Indiaís trade deficit is determined by the state of global oil prices and their impact on the oil import bill. Is that really the case?
Criticism and Criticism
Dec 28th 2018, Prabhat Patnaik

The Modi government's demonetization move has been universally criticized, but there are significant differences between a neoliberal critique focused on the impact on GDP and the Left's assessment that looks at the impact on people.

Can the RBIís open Market Operations help the Rupee?
Oct 10th 2018, C.P. Chandrasekhar and Jayati Ghosh
The rupee's slide raises the question of whether India's central bank should intervene by selling dollars to prop up the currency. But past experience of such efforts has yielded mixed results, so other measures may be necessary.
Ayushman Bharat
Oct 1st 2018, Prabhat Patnaik
The Modi government's claim of ushering in the largest healthcare scheme in the world is completely vacuous. The chosen method of enlarging healthcare access to the poor is wrong both because of the route chosen (the insurance route which benefits insurance companies more than it benefits the patients) as well as because of the ridiculously paltry financial provision.
 


Professor C.P. Chandrasekhar on amalgamation of three banks
Sep 24th, 2018

In an attempt to resolve the Non Performing Assets crisis in the country, the government's projected solution in the form of bank mergers, like the recent Vijaya Bank, Dena Bank and Bank of Baroda merger, points out that the end game of this process is privatization.
A Memorial for Dr. Vineet Kohli, Assistant Professor at TISS and a Former CESP Student
Aug 13th 2018.
Job Opening at Economic Research Foundation
Jan 31st 2018.
 

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