Piecing together disparate data for economic and market insights
thetessellatum The persistent gap between credit and deposit growth has perplexed many. Could it be due to shortfalls in money injection by the RBI?Neelkanth Mishra | Jun 05 2023 | 8:54 PM IST This appeared in the Business Standard on 6 June 2023 (link). Over the past year, deposit growth in the Indian banking system has … Read more
Continuing fiscal laxity in the US means monetary policy must do more of the inflation fighting, increasing risks of financial accidents Neelkanth Mishra | Last Updated : May 08 2023 | 10:16 PM IST This appeared in the Business Standard on 9 May 2023 (link). Volatility in stock prices of US banks has persisted, even … Read more
Recent evidence of a sharp slowdown in house construction in major markets poses downside risks to global growthNeelkanth Mishra | Apr 10 2023 | 10:31 PM IST This appeared in the Business Standard on April 11, 2023 (link). An important and potent channel of monetary policy transmission is the housing market. Weakness in housing demand … Read more
The failure of SVB was due to idiosyncratic reasons, but shows how higher rates can expose fault lines in unforeseen placesNeelkanth Mishra | Last Updated at March 13, 2023 22:54 IST This appeared in the Business Standard on March 14, 2023 (link). Over the past several months, as interest-rate expectations have risen rapidly, we have … Read more
Ageing populations are likely to slow capital formation in North Asia, hurting global growth Neelkanth Mishra | Published in the Business Standard on February 06, 2023 (link) In Tessellatum in the last three months, we have discussed three of the major implications of Asia’s ageing: That demographic shift in 10 major Asian economies (the A-10: … Read more
As the resilience of the domestic economy gets tested by global headwinds, deft fiscal manoeuvres may be necessary Updated: February 2, 2023 07:40 IST | Neelkanth Mishra This appeared in the Indian Express on February 2, 2023 (link) As the state’s footprint on the economy has shrunk over the past three decades, the relevance of … Read more
Neelkanth Mishra | Last Updated at January 9, 2023 22:55 IST This appeared in the Business Standard on 10 January 2023 (link). In Tessellatum, over the last two months we have discussed two of the major implications of Asia’s ageing: That the demographic shift in 10 major Asian economies (the A-10: China, India, Indonesia, Japan, … Read more
While the economy may be slowing, it is growing above consensus estimates Neelkanth Mishra | December 31, 2022 11:56 IST This appeared in the Indian Express on 31 December, 2022 (link) Restrictions imposed on activities were fully eased only around March this year. But, they had mostly been lifted by September 2021. We can now … Read more
Neelkanth Mishra | Last Updated at December 12, 2022 22:51 IST This was published in the Business Standard on December 13, 2022 (link). In the Tessellatum last month, we discussed the first major finding from our project assessing the impact of Asia’s ageing on the global supply of workers and savings, and on global economic … Read more
Thailand and China are at risk of growing old before they grow rich; India must grow its GDP at 8-9 per cent or more to avoid that fate Neelkanth Mishra | Last Updated at November 15, 2022 00:31 IST This appeared in the Business Standard on 15 November 2022 (link). As several large economies in … Read more