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Author: C. P. Chandrasekhar

Home C. P. Chandrasekhar
This author has written 417 articles

Federal Fracture: A nation in crisis

  • February 22, 2024
  • C. P. Chandrasekhar
  • Economy and Society, Political Economy
  • 0 Comments

Indian federalism is on the verge of breakdown. Ministers from opposition-ruled States have taken to the streets in New Delhi to protest against discrimination by the Centre. And the Prime Minister, who leads the use of a divisive majoritarian agenda…

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Maldives: Debt and dependence

  • February 20, 2024
  • C. P. Chandrasekhar and Jayati Ghosh
  • Finance, World Economy
  • 0 Comments

As the distance between Maldives and India widens, with the latter being asked to withdraw its uniformed personnel stationed in the former, questions are being asked about how Maldives will manage without India’s help on the economic and regional security…

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Distress and Displacement in Times of War

  • February 9, 2024
  • C. P. Chandrasekhar
  • Political Economy, World Economy
  • 0 Comments

Recruitment drives held over the last week of January, in Lucknow in Uttar Pradesh and Rohtak in Haryana, for Indian workers to undertake construction and caregiver jobs in Israel have captured global attention. Thousands of job aspirants, who had either…

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The Mystery about Investment

  • February 6, 2024
  • Jayati Ghosh and C. P. Chandrasekhar
  • Finance, Macroeconomics
  • 0 Comments

One persistent macroeconomic concern in the Indian economy over the past decade has been the continuing decline or stagnation in investment rates. The decline began after 2010, that is before the tenure of the Modi government, but it continued thereafter.…

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The IMF and the Argentinian Right

  • January 25, 2024
  • C. P. Chandrasekhar
  • Economy and Society, World Economy
  • 0 Comments

On January 10, the IMF announced its decision to release $4.7 billion out of a $57 billion bailout package sanctioned in 2018 to perennially debt-distressed Argentina, then under a right-wing government headed by Mauricio Macrio. That surprised some. Going by…

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World Economy: Out of control

  • January 23, 2024
  • C. P. Chandrasekhar and Jayati Ghosh
  • Macroeconomics, World Economy
  • 0 Comments

Early in 2024, the World Bank in its flagship report Global Economic Prospects, put out a message of gloom. This year could end marking “a wretched milestone: the weakest global growth performance of any half-decade since the 1990s”. Between 2021, when…

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The Unpaid Workers who are Described as “Employed”

  • January 9, 2024
  • Jayati Ghosh and C. P. Chandrasekhar
  • Economy and Society, Employment
  • 0 Comments

There has been much excitement recently at the supposedly significant recent increase in work participation rates in India, which is being heralded as a sign of the success of the current government’s economic policies. How significant is this increase in…

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Another COP-out

  • December 26, 2023
  • C. P. Chandrasekhar and Jayati Ghosh
  • Finance, World Economy
  • 0 Comments

Following the COP28 Summit, there is an attempt to establish that the conference was a significant step forward in the effort to address the causes and consequences of climate change. However, a reading of the actual outcome only illustrates how…

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The Unbalanced World Economy

  • December 12, 2023
  • Jayati Ghosh and C. P. Chandrasekhar
  • Finance, World Economy
  • 0 Comments

Current account imbalances have been blamed in the past for creating external vulnerabilities that can lead to financial crises. In the run-up to the Global Financial Crisis (GFC) of 2008, for example, the large current account deficits of the US—matched…

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The Climate Finance Shortfall

  • November 28, 2023
  • C. P. Chandrasekhar and Jayati Ghosh
  • Finance, World Economy
  • 0 Comments

The world’s leaders and their representatives meet in Dubai in December to revisit the climate challenge. Information to facilitate those discussions is not wanting. A plethora of reports, from official and private sources, covering diverse issues have been released in…

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