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Mostly Economics

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Mostly Economics

20.11.2024

A new concern for democracy: What if Trump keeps his promises? | Mostly Economics

Kaushik Basu raises an interesting point: In most democracies, the primary concern after an election is that the winners will fail to deliver on their campaign promises. The 2024 US presidential election is one of those rare instances where there is a palpable fear that the newly elected leader will actually follow through.

Mostly Economics

21.11.2024

A Suite of Approaches for Estimating Equilibrium Exchange Rates for India | Mostly Economics

Michael Debabrata Patra, Dhirendra Gajbhiye, Harendra Behera, Sujata Kundu and Rajas Saroy in RBI Bulletin Nov-24 : This article provides a comprehensive examination of India's equilibrium exchange rate through various approaches such as behavioural equilibrium exchange rate (BEER), permanent equilibrium exchange rate (PEER) and fundamental equilibrium exchange rate (FEER). It highlights the role of relative…

Mostly Economics

21.11.2024

From ding dong to bleep bleep: promoting innovative retail payments markets in a fragmented world | Mostly Economics

Olaf Sleijpen of Netherlands Central Bank in this speech discusses the changing payment world: Some 35 years ago, when I was a student traveling through Europe on my summer holidays, I took traveler cheques with me. Everybody in the room knows what a cheque is? Although you had to purchase them for a fee, they…

Mostly Economics

21.11.2024

A bribery case of an Indian company bribing in India but investigated in US Courts? | Mostly Economics

U.S. Attorney's Office, Eastern District of New York has issued a damning charge against an Indian Billionaire Businessman and seven other Senior Business Executives. The charges are of bribing government officials to get business contracts. Securities Exchange COmmission, the US securities market regulator has also issued its own charge.  One would imagine that the executives…

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