Category Archives: Economy

China’s lack of growth drivers is a bigger risk than inflation: Michael Pettis

(This interview with Michael Pettis, professor at Peking University’s Guanghua School of Management, a specialist in Chinese financial markets, was published in DNA edition dated January 10, 2011.) China’s headline inflation numbers have had global financial markets bracing for tightening measures … Continue reading

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‘Zombie ideas that caused the near-meltdown of financial markets are still driving policy’

(This interview, with John Quiggin, professor of economics at the University of Queensland in St Lucia and author of Zombie Economics: How Dead Ideas Still Walk Among Us, was published in DNA edition dated January 3, 2011.) The arresting cover … Continue reading

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Stephen Roach takes the ‘baseball bat’ to Paul Krugman

(This article was published in DNA edition dated December 10, 2010.) Venky Vembu The intellectual war of words between economists Stephen Roach and Paul Krugman is the stuff of legends. They disagree – vehemently – on the fundamentals underlying the … Continue reading

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Think Asia is out of the woods? Think again

(This article was published in DNA edition dated December 10, 2010.) Venky Vembu Ever since Stephen Roach, arguably one of the world’s most influential economists, moved back to the US in July after “three fantastic years” in Hong Kong as … Continue reading

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Flash News: ‘No-panty’ Yana shows India is booming

Venky Vembu In the Vanities No one wears panities —- Ogden Nash, Theatrical Reflection   In the early 1990s, when the Indian economy was opening up to the world, foreign consumer brands, in the first flush of excitement, came tripping … Continue reading

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‘China can’t win a trade war; it will be massacred’

(This interview with economist and fund manager Richard Duncan, on the prospects of a trade war, and its implications, was published in DNA edition dated November 29, 2010.) Venky Vembu In his first book, The Dollar Crisis, published in 2005, … Continue reading

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Behind China’s ‘bamboo curtain’ is an amoebic God

(This review of two books on China was published in DNA edition dated November 28, 2010.) Venky Vembu Prince Charles, whose own personality is far from sparkling, once described Chinese leaders as “appalling old waxworks”. The validity of that judgment … Continue reading

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