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Monthly Archives: September 2015

Home 2015 September

Europe’s Refugee “Crisis”

  • September 30, 2015
  • Jayati Ghosh
  • Political Economy, World Economy
  • 0 Comments

If you read or watched or listened only to the mainstream media in the North, you could be forgiven for believing that the current influx of refugees into countries of Europe is not just an important concern, but actually even…

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The Retreat of the Emerging Markets

  • September 16, 2015
  • Jayati Ghosh
  • Political Economy, World Economy
  • 0 Comments

What a difference a year makes. Even until just a year ago, the “emerging market economies” were being lauded as the hope of global capitalism. They were supposedly able to “decouple” themselves from the financial crises and stagnation of advanced…

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Giving Water Workers their Due

  • September 11, 2015
  • Jayati Ghosh
  • Economy and Society
  • 0 Comments

It is hardly necessary to state how essential water is for our survival and quality of existence, for economic activity, and so on. Indeed, this has now become a policy issue of some import. It is not just that drinking…

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The Devaluation of the Yuan

  • September 8, 2015
  • Prabhat Patnaik
  • Finance, World Economy
  • 0 Comments

The Chinese central bank’s decision last week to let the yuan depreciate in three stages by almost 4 percent against the U.S. dollar, was officially explained as a move towards greater market determination of its exchange rate. Though this explanation…

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“De-Linking” and Domestic Reaction

  • September 7, 2015
  • Prabhat Patnaik
  • Political Economy, World Economy
  • 0 Comments

There is a strong view in certain Left circles, especially in certain European Left circles, that any de-linking from global capitalism conduces to a promotion of domestic reaction. Of course, even in Europe this is not necessarily the dominant view…

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Educational Matters

  • September 4, 2015
  • Prabhat Patnaik
  • Economy and Society, Services
  • 0 Comments

I don’t know about the sciences, but in the social sciences in the old days every undergraduate student in Oxford and Cambridge was required to write two essays per week which were then discussed with the tutors. It was hard…

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