Economists have long recognized the special role of Government Debt (and the market where it trades) in the economy of a country.
Continuing our analysis of International Unemployment Support schemes, we now discuss designs in three South American countries: Argentina, Chile and Brazil.
In July 2012, RBI set up the Expert Committee under the Chairmanship of Dr.Prakash Bakshi, Chairman, NABARD, to examine the Three-Tier Short Term Cooperative Credit Structure (STCCS) in India.
Continuing our blog series on Municipal Finance in India, in this two-part series we review the Report on Indian Urban Infrastructure and Services (2011).
The absence of secondary markets for corporate bonds in India is arguably the single most important reason for this market not seeing the kind of growth one would expect.
I was recently made aware of a fascinating speech2 on this topic given by Mr. V. K. Sharma (ED, RBI) in Mumbai on November 8th, 2012.
