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Home / Tag Archives: Speech / Interviews (page 23)

Tag Archives: Speech / Interviews

When the definitive history of demonetisation is documented, RBI’s valiant defence of financial stability hopefully gets its due?

It is like when the kings force war onto its people and then saying look how well I defended you. RBI Executive Director and MPC member Michael Patra in this speech reviews one year of RBI’s Monetary Policy Committee and comments: As the MPC set about its first meeting, the accommodative cycle of monetary policy in India that commenced in January 2015 was maturing, with the policy rate having been reduced by a cumulative 150 basis points already. Yet, the ground underneath was moving....

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Economics of prison in Australia…

This blog has written about economic of prison in US. Here is a discussion and interview (mp3 format) on the economics of prison in Australia: There are more than 41,000 daily full-time prisoners in Australia, according to the latest ABS data. Many of them are in private prisons – almost 20% of the prison population according to a 2014 Productivity Commission report. But we don’t really know whether private prisons are more cost effective or produce better results. Private prison...

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President of India’s interesting speech on 60th anniversary of Karnataka’s Vidhan Souda…

In this environment of chaotic and acerbic political mudslinging across political parties, this speech is a welcome change (HT: qfint). The President of India speaks on the occassion of the controversial 60th anniversary of Karnataka’s Vidhan Souda (seat of legislative assembly of the State). He talks about the 4 Ds that make the 5th D – Democracy (hope all political party members read it): It is not just the 60th birthday of this building that we are marking. This is also the diamond...

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GST discussion: Public Finance view vs Legal view

Interesting set of views/interviews on GST on ideas4india.com (or explainers as the forum calls it) . GST Explainer: Introduction (Ashok Kotwal) GST Explainer: A public finance expert’s view (Kavita Rao) GST Explainer: A legal scholar’s view (Arvind Datar) I think this is how we should learn the subject as well from different perspectives.. div{float:left;margin-right:10px;} div.wpmrec2x div.u > div:nth-child(3n){margin-right:0px;} ]]> Advertisements...

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History explains why Cameroon is at war with itself over language and culture

One had just blogged about how French is taught in South Africa without the usual colonial hangover. However in Cameroon, the battles over Francophone and Anglophone continue like the Anglo-French battles of yesteryears. In this interview, Prof. Verkijika G. Fanso of University of Yaounde explains: Why is there such animosity between French-speaking and English-speaking Cameroonians? The animosity is actually between English-speaking Cameroonians and the government led and dominated by...

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“Most things that are urgent are not important. And most things that are important are not urgent”

The earlier times were something. Even government officials said something worth pondering on. Mr Frank Elderson, Executive Director of the Netherlands Bank in this speech quotes American President Eisenhower: I’m sure we’ve all been in this situation. You’ve got something really important to do, but it never makes it to the top of the agenda. Instead, there’s always something more urgent that comes along and takes up all your time. Something you need to deal with right away. Which means...

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Economic Policy and the Need for Humility

Nice and much needed speech by Yves Mersch of ECB: If it did nothing else, the financial crisis served to remind us all of a few home truths. The economy is a profoundly complex setting. It is bound and shaped by history as well as by cultural and legal norms. If it can at all be conceived of as a model, such a model would have many moving parts and shifting parameters and volatilities. But even then, deep uncertainty inevitably remains – uncertainty about the underlying mechanisms and...

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Opportune time for collaboration in blockchain technology between Andhra Pradesh and Singapore ….

As banks in India struggle with NPAs etc, other country banks are looking at opportunities here. In this interesting speech, Ravi Menon of  Monetary Authority of Singapore pitches for collaboration between S’pore and Andhra Pradesh. More importantly, how banks of Singapore could provide blockchain technology solutions for the new AP State: I am delighted to be here in Andhra Pradesh – the land of the Tiruppati temple, Carnatic music, Kuchipudi dance, and of course, the charming sea town...

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Geofinance: the impact of geography on the geometry of finance….

Interesting speech by Sam Woods of Bank of England: Supervisors of the world’s leading international financial centre have always had to juggle domestic and global risks. In between them, however, is a dynamic which is fundamental to retail and wholesale finance in the modern economy. It is a dynamic at play in the cliff-edge risks from Brexit and the differences of view between countries over Basel 3 finalisation. I am thinking of the impact of borders, location and distance on the...

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Learning about GST and SME issues….

Here is a superb interview Anil Bhardwaj, Secretary General of Federation of Indian Micro and Small and Medium Enterprise. He explains how GST has hit the SME sector. More importantly,  he also tells you how these units actually function, the several constraints and challenges. This is something which most of us neither understand nor care to understand. Most of the articles dubs the SME sector as unorganised (which has come to mean corrupt of late) failing to realise that it forms 90%...

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