Piecing together disparate data for economic and market insights
As private investment and consumption settle at far lower levels than earlier anticipated, the government’s role in the economy over the next two years or so would need to be much larger than it has been in the last three decades.Written by Neelkanth Mishra | Updated: July 29, 2020 8:58:37 am (This was published in … Read more
Improving efficiency in producing and converting edible calories when demand weakens could throw new social challengesNeelkanth Mishra | Last Updated at July 1, 2020 00:14 IST (This was published in the Business Standard: link) Will food be the channel through which unprecedented monetary intervention may drive inflation? Will the earth run out of land and … Read more
Will the strategy of society instead of the State controlling the virus be tested by rising deaths?Neelkanth Mishra | Last Updated at June 3, 2020 00:04 IST (This was published in the Business Standard: link) “Countries would be assessed on State capacity,” said a New York-based investor who specialises in trading on macroeconomic trends. This … Read more
We believe a continued focus on reforms and on sustaining India’s growth potential will be critical in preventing macroeconomic instability.Written by Neelkanth Mishra | Updated: May 15, 2020 9:52:41 am (This was published in the Indian Express: link) The battle against the virus is likely to last several more months, implying prolonged curtailment of economic … Read more
It may be better for governments to bear the losses upfront than after the damage is doneNeelkanth Mishra | Last Updated at May 5, 2020 23:53 IST (This was published in the Business Standard: link) It now looks clear that we must learn to live with coronavirus, as the active case count is unlikely to … Read more
To minimise economic damage during the lockdown, focus on cash flows, promise of growthNeelkanth Mishra | Last Updated at March 31, 2020 23:49 IST (This was published in the Business Standard: link) “I have seen power blackouts as enemy bombers flew overhead, have stood in long queues to collect kerosene, and have lived through food … Read more
Some observers are also concerned about what high deficits would do to India’s credit ratings. It remains to be seen how agencies respond to globally large fiscal deficits monetised by central banks; India may not be an outlier here.Written by Neelkanth Mishra | Updated: March 28, 2020 10:49:41 am (This was published in the Indian … Read more
Global financial market stress driving market volatility; economic impact of coronavirus and drop in oil prices remain uncertainNeelkanth Mishra | Last Updated at March 15, 2020 23:06 IST (This was published in the Business Standard: link) Global markets are in turmoil. Some volatility is normal: Existential issues generally crop up every year or two, causing … Read more
The narrower stock-market indices may stay disconnected from prospects of the Indian economyNeelkanth Mishra | Last Updated at February 12, 2020 22:23 IST (This was published in the Business Standard: link) The stock market is widely believed to be a forward-looking indicator of the economy. While one may struggle to find an individual who has … Read more
Neelkanth Mishra in TOI Edit Page | February 7, 2020, 7:42 AM IST (This was published in the Times of India: link) The distress caused to farmers due to low food prices is now well-documented: As the terms of trade turned against farmers, an important channel of transfer of wealth from the rich to the … Read more