Sudip Bandyopadhyay’s Blog

At the G20summit this month it was agreed that global growth will require sound new global regulation of financial markets.  But what would it take to achieve such regulation?  We argue that nothing less than a new global architecture for the regulation of banking and finance is required to ensure success.  Such architecture comprises three [...]

The small but smart mouse usually outwits the large but dim cat in the endless game of chase between Tom and Jerry.  Occasionally, though, Tom’s energy and determination allow him to win, but the victories in the cartoons are usually only fleeting.  Tom rarely makes a long-term plan, and his reactive strategy allows Jerry to [...]

It seems only yesterday that scarcity was the story. Energy and commodity prices were heading into the stratosphere. The oil was running out, food shortages loomed, Russia was resurgent and China was marching into Africa amid a scramble for dwindling resources.
Now? Prices everywhere are falling as recession bites. Investment banks have disappeared; and the global [...]

Sherman McCoy, the fictional 1980s “Master of the Universe” Wall Street bond trader, had his sights set on a deal that could earn him $ 1.7m in commission payments, money he needed to pay off the mortgage on a lavish Park Avenue apartment.  “The only real problem was the complexity of the whole thing,” readers [...]

It is hardly surprising that even the brashest of boom towns is vulnerable in a financial crisis now tipping into a recession. But it did come as a bit of a surprise to Dubai.  It is, admittedly, a paradox that liquidity should be an issue in a region awash in surplus cash. But modern Dubai, [...]