The writer is professor of economics, Royal Bank research professor and Johal Chair, University of British Columbia, Canada
RBI has been accommodative: Just compare the real interest rate with the ‘natural’ rate
Far from curbing black money and corruption, demonetisation has disrupted the economy.
Ill-thought-out assertions about the efficacy of monetary policy can unhinge private expectations of inflation.
Papa CJ started stand-up comedy in 2004 after his visit to the annual Fringe festival in Edinburgh. Since then, amongst various places, he has performed at the Sydney Opera House and also at gun-point in South Africa, he quips.