SEARCH

Did you mean: post

Showing 1-4 of 4 results

  • OPINION

    Central banks can't solve all woes

    News, Satyajit Das, Published on 25/02/2019

    » In the short time since December 2018, central banks have collectively injected as much as US$500 billion (15.6 trillion baht) of liquidity to stabilise economic conditions. The US Federal Reserve has put interest rate increases on hold and is contemplating a halt to its balance-sheet reduction plan. Other central banks have taken similar actions, fuelling a new phase of the "everything bubble" as markets careen from December's indiscriminate selling to January's indiscriminate buying.

  • OPINION

    Is an emerging-market crisis near?

    News, Satyajit Das, Published on 05/09/2018

    » Emerging-market stresses have been building since at least 2013. Investors may have forgotten the effect of the "taper tantrum" on the so-called Fragile Five -- Brazil, India, Indonesia, Turkey and South Africa -- a term coined by Morgan Stanley to describe their vulnerability to capital outflows. Monetary accommodation, lower current-account deficits and growth disguised the underlying challenges, attracting more capital to those markets.

  • OPINION

    Virtual cash not a global panacea

    News, Satyajit Das, Published on 23/05/2017

    » Even now, after the chaos caused by India's decision last November to eliminate nearly 90% of its banknotes, few people would argue with the policy's underlying assumption: Going cashless is, if handled well, a good thing. Yet the fact is, most arguments in favour of demonetisation don't stand up to scrutiny. And those that do should raise other concerns.

  • OPINION

    Don't count on innovation to overcome stagnation

    News, Satyajit Das, Published on 30/05/2017

    » Innovation, everybody hopes, will rescue the world from economic stagnation. I'm not so sure.

Your recent history

  • Recently searched

    • Recently viewed links

      Did you find what you were looking for? Have you got some comments for us?