Sudip Bandyopadhyay’s Blog

What is the future for credit ratings agencies and how should they be treated under the new system of financial market regulation evolving internationally? These questions have been hotly debated in recent months and a consensus is now emerging. The European Union is close to finalizing legislation to register and regulate ratings firms for the [...]

“To believe that there is no way out of the present crisis for capitalism is an error” said Mr. Vladimir Lenin exactly 90 years ago, in March 1919, faced with another economic crisis, While discussing the dire straits of capitalism, he made the aforesaid comment and was  unwilling to write an epitaph of capitalism. That [...]

After the co-ordinated rate cuts by the major economies, in October, the Chinese cut interest rates in a show of solidarity. Now the rest of the world is talking about fiscal stimulus, and China is charging ahead. The State Council has announced a vast fiscal stimulus programme to pull China through the coming grim years. [...]