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The impossible quartet?

From: Buisness-standard By A V Rajwade Recommended by: business-standard Nobel Laureate Robert Mundell had coined the expression “impossible trinity” in the 1960s (when cross-border capital flows were far smaller compared with
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A V Rajwade: Fiscal austerity and accounting

From: Buisness-standard By A V Rajwade Recommended by: business-standard A couple of weeks back (The Other Side, August 18), I had discussed how some economists in the International Monetary Fund (IMF) are now discovering the ill-
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A V Rajwade: The problem with inflation targeting

From: Buisness-standard By A V Rajwade Recommended by: business-standard It is likely that the Indian Financial Code may get enacted in the coming Budget session of Parliament. One major issue policy-makers in Delhi may need to be