Paradoxical Performance – Indian Power Sector in need of interventions

Abstract The Indian Power Sector responded positively to the policy reforms initiated in 1991 in the economic and industrial sectoral domains. The opening up of the power sector witnessed immediate interest and caused almost a gold rush kind of situation. Though the enthusiastic entry happened in tranches that are separated by settling period, overall the Read More …

Bank Recapitalisation: Bail-out or Bail-in

Author Sashi Sivramkrishna Abstract Using sectoral T-accounts, this paper analyzes the implications of bank bail-outs and bank bail-ins. Contrary to popular opinion, bank bail-outs do not utilize taxpayers’ money. Moreover, bank bail-outs funded through recapitalization bonds or deficit financing and bail-ins have similar net effects on sectoral balance sheets. There are, however, questions of moral Read More …

Potential GDP Growth for China and India: What Growth Rate is Sustainable

Author Paul Kutasovic New York Institute Of Technology Abstract In this manuscript, we determine the sources of historic growth for the economies of India and China. Next, we estimate potential GDP growth for each country. The study concludes that India is more favorably positioned for long-term growth than China with a higher steady state growth Read More …