Welcome to the Growth Blog

The Growth Blog is a forum for you - the policy maker, the academic, the student, and the interested citizen of the world - to agree, disagree, or simply to engage current practitioners on policies and issues critical to development. This platform was inspired by the series of meetings that the Commission on Growth and Development held around the world over the course of the last two years. Of the many lessons that emerged in the deliberations, the one that stands out is that inclusive growth requires inclusive thinking, and inclusive discussion.

 

Ajay Shah's blog

Questioning Reserve Requirements

Submitted by Ajay Shah on Wed, 05/06/2009 - 10:10.

After the conclusion of the Growth Commission workshop on the financial crisis, I wrote the following piece in the Financial Express on how India used its reserves in the financial crisis. I examine whether or not using reserves as a tool to provide insurance is effective. I look forward to your comments.  

How India is Being Affected by the Financial Crisis

Submitted by Ajay Shah on Wed, 05/06/2009 - 10:05.

Read a recent piece in the Financial Express that I coauthored with Ila Patnaik about how India's economy is dealing with the financial crisis, the need for sustained private sector investment and the need for the incoming government to pursue broad economic reforms. I look forward to your feedback!

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