Cheap money does not mean more capital flows

Cross-border capital flows do not just get driven by interest rates; plumbing and savings patterns may matter moreNeelkanth Mishra | Last Updated at November 30, 2020 23:38 IST (This was published in the Business Standard: link) Portfolio equity inflows into emerging markets (EMs) picked up strongly in November as the US election uncertainty lifted, and … Read more

Money Talk

Piketty starts with a denunciation of economic theory and its inclination to theorise without any data.Written by Neelkanth Mishra | May 10, 2014 4:37:07 am Book: Capital in the Twenty-First CenturyAuthor: Thomas PikettyPublisher: Harvard Business PublishingPages: 696 pagesPrice: Rs 1495 (This book review was published in the Indian Express: link) Rising income inequality has been … Read more