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- Russia: calls for lower rates go unheeded…for now
- What are the odds of Brazil’s industrial output reaching market expectations?
- Brazilian government growth forecast reflects wishful thinking
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- Brazil: Is the rise in FDI caused by disguised portfolio investment?
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Author Archives: Danny Richards
India’s policy troubles
Foreign investors in India have had few reasons to cheer in the recent past given the slowing economy, corruption scandals, and general government ineffectiveness. However, there was momentary joy last week, when the government announced that it had decided to … Continue reading
Posted in Economics, India, Investment, Statistics
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More negative news for India
It came as no surprise to us that one of the big three international credit ratings agencies, Standard & Poor’s, announced last week that it had revised the outlook for India’s long-term sovereign debt from stable to negative. The agency … Continue reading
Posted in Debt, Economics, India, Uncategorized
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India’s policy surprise
The Reserve Bank of India (RBI) cut its main policy interest rates for the first time in three years at its most recent quarterly monetary policy review on 17 April. Although the RBI has been under intense pressure to ease … Continue reading
Posted in Economics, India, Inflation
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India’s economic troubles – not quite déjà vu
The governor of the Reserve Bank of India, Duvvuri Subbarao, has joined the growing debate on the precarious state of India’s economy and how the current situation compares with that in 1991, when the government was forced to devalue the … Continue reading
Posted in Economics, India
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India: A number too sweet
What should we make of the latest industrial production data published by India’s Central Statistics Office? On 12 April, when releasing the February data for the index of industrial production (IIP), the office announced that the January numbers had been … Continue reading
Posted in Economics, India, Industrial Production, Manufacturing, Uncategorized
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