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Sunday, April 11, 2021

Josh Felman

Josh Felman is former IMF Resident Representative to India.

A post-Covid fiscal framework for India
Wed, Apr 07, 2021

Government should plan to gradually improve its primary balance. This would protect against the risk of the growth-interest differential turning unfavourable.

Plotting the economic revival: Exceptional situation calls for creative solutions
Mon, May 11, 2020

Exceptional situation calls for creative solutions — new set of procedures that utilise much of existing IBC framework, reformed IBC, bad banks for stressed assets in power and real estate sectors.

With Covid-19 crisis dealing sharp blow to struggling financial sector, revival calls for new approach
Sat, May 09, 2020

Aravind Subramanian writes: Now, following the Covid-19 shock, red ink will be blotting balance sheets across the economy.

A solution: Two bad banks for the Four Balance Sheet problem
Fri, Dec 20, 2019

Indicators of exports, imports, and real government revenues are in negative territory, or close to it. Clearly, this is not an ordinary slowdown. It is India’s Great Slowdown.

Serious questions confront policymakers. Yet data are not reliable enough for them to be answered
Tue, Dec 10, 2019

Running an economy, especially one that is in a predicament such as India’s today, is infinitely more complicated and the data demands are hence commensurately greater. A Data Big Bang effort along the lines proposed here would make that difficult task less challenging.