Expert Zone

India Markets Weekahead – An opportunity for investors

By Ambareesh Baliga
August 11, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Indian markets were down for a third consecutive week with the Nifty closing 2 percent lower at 5565 on weak economic signals and disappointing corporate results.

Why India slowed

By Raghuram Rajan
May 1, 2013

This piece comes from Project Syndicate. The opinions expressed are the author’s own

Is finance too competitive?

By Raghuram Rajan
November 15, 2012

The opinions expressed are his own

Many economists are advocating for regulation that would make banking “boring” and uncompetitive once again. After a crisis, it is not uncommon to hear calls to limit competition. During the Great Depression, the head of the United States National Recovery Administration argued that employers were being forced to lay off workers as a result of “the murderous doctrine of savage and wolfish competition, [of] dog-eat-dog and devil take the hindmost.” He appealed for a more collusive business environment, with the profits made from consumers to be shared between employers and workers.

What money can buy

By Raghuram Rajan
August 9, 2012

By Raghuram Rajan
The opinions expressed are his own

In an interesting recent book, What Money Can’t Buy: The Moral Limits of the Market, the Harvard philosopher Michael Sandel points to the range of things that money can buy in modern societies and gently tries to stoke our outrage at the market’s growing dominance. Is he right that we should be alarmed?

Is inequality inhibiting growth?

By Raghuram Rajan
July 11, 2012

By Raghuram Rajan
The opinions expressed are his own

To understand how to achieve a sustained recovery from the Great Recession, we need to understand its causes. And identifying causes means starting with the evidence.