Sudip Bandyopadhyay’s Blog

The Asian countries learnt many valuable lessons from their financial crisis in 1998: do not liberalise the financial sector too quickly, borrow in moderation, save in earnest, take care of the real economy, invest in productivity, focus on education.  Hence, while America was busy creating a financial house of cards, Asians focused on their real [...]

In his recently released book  “The World is Curved – Hidden Dangers to the Global Economy” Mr. David M. Smick, the Editor and Founder of International Economy Magazine, focuses on international capital flows & says,  “Forget decoupling; the world is intimately connected”.  The title is a reference to Thomas Friedman’s 2005 bestseller The World is [...]