In memory of Paul Volcker, a titan among central bankers -- my latest Mint column

https://www.livemint.com/opinion/columns/in-memory-of-paul-volcker-a-titan-among-central-bankers-11577628167832.html

My latest Mint column analyses the controversial Citizenship Amendment Bill.

https://www.livemint.com/opinion/columns/more-heat-than-light-on-the-citizenship-amendment-bill-11576419093457.html

I speak to @Ullekh @curbset @Openthemag about the reforms trajectory ahead for the Modi government. In particular, I push back against the notion that reforms and political agendas are necessarily or logically at odds.

https://openthemagazine.com/cover-stories/the-nosedive/

Is the Modi government about to grasp the nettle of reforms? My latest Mint column.

https://www.livemint.com/opinion/columns/opinion-is-the-modi-government-about-to-grasp-the-nettle-of-reforms-11575223346762.html

My latest piece considers the future of multilateralism in a world dominated by preferential trade agreements.

https://www.livemint.com/opinion/columns/maybe-multilateral-trade-ideals-will-return-after-this-interlude-11573998053925.html

I speak to the Wall Street Journal about India's economic slowdown.

https://www.wsj.com/articles/indias-divided-economyand-a-manufacturing-slumpslow-its-rise-11573394400?mod=searchresults&page=1&pos=1

My latest Mint column, an extra, rebuts critics excoriating India for staying out of RCEP.

https://www.livemint.com/opinion/columns/opinion-despite-the-davos-view-india-s-right-to-stay-out-of-rcep-11573116157427.html

My latest Mint column expressed scepticism about the RCEP trade agreement currently under debate.

https://www.livemint.com/opinion/columns/the-trojan-horse-of-a-trade-pact-that-india-should-guard-against-11572788673795.html

My latest Mint column: emocracy is much more fragile than we believe. The cloak of democratic legitimacy can paradoxically lead more readily to an authoritarian outcome than an openly autocratic form of rule.

https://www.livemint.com/opinion/columns/the-flawed-westminster-model-of-parliamentary-democracy-11571587516984.html

I speak to the South China Morning Post on the controversy over cultural appropriation, a propos the earlier Trudeau and more recent Kate & Will visits to Asia.

https://www.scmp.com/news/asia/diplomacy/article/3033260/why-are-prince-william-and-kate-middleton-praised-pakistani

After today's Nobel economics win by Banerjee-Duflo-Kremer, here's a replug of a 2016 long piece by me critiquing the application of randomized controlled trials (RCTs) to economics and public policy.

https://www.livemint.com/Sundayapp/IM5bHpfFjniYIONzr1qJWJ/The-experimental-turn-in-economics.html

My latest Mint column looks at the mess around India's banking sector, as exemplified by the ongoing PMC Bank crisis.

https://www.livemint.com/opinion/columns/opinion-the-crisis-at-pmc-bank-is-only-the-tip-of-the-iceberg-11570180385054.html

I speak to the Wall Street Journal on India's current economic slowdown.

https://www.wsj.com/articles/indias-holiday-e-commerce-sales-to-test-severity-of-shopping-slump-11569780090

I speak to the South China Morning Post on competitive monetary easing by the world'a major central banks.

https://www.scmp.com/week-asia/economics/article/3029707/fed-fallacy-why-asia-follows-us-interest-rate-cut-its-own-risk

In a special "In the Margins", Pravin Krishna & I make the case that India should leverage the US-China trade war to its advantage, and the challenges that it faces in trying to do so.

https://www.livemint.com/opinion/columns/opinion-india-should-take-advantage-of-the-us-china-trade-war-1568964803219.html

In a special "In the Margins" this Monday, Rupa Subramanya and I argue that the ailing Indian automobile sector shouldn't be mollycoddled but rather subject to the rigours of competition.

https://www.livemint.com/opinion/columns/opinion-india-must-not-mollycoddle-its-automobile-industry-1567968466561.html

I speak to the Financial Times about India's proposal to issue sovereign bonds in foreign currency.

https://www.ft.com/content/73c69d12-c57e-11e9-a8e9-296ca66511c9

I speak to the FT about the RBI's large transfer of funds to the government.

https://www.ft.com/content/552a238e-c820-11e9-a1f4-3669401ba76f

My latest Mint column look at the premiership of Canadian PM Justin Trudeau, a liberal icon high on style and low on substance, who has finally fallen from grace.

https://www.livemint.com/opinion/columns/opinion-justin-trudeau-the-liberal-icon-who-has-fallen-from-grace-1566839100228.html

I analyse the revocation of article 370 in India in light of diverse experiences in inter-war Europe.

https://www.livemint.com/opinion/columns/opinion-special-status-debate-uniquely-indian-not-really-read-history-1565548451213.html

Quoted in two pieces in the FT this week, (1) on large Canadian and Australian pension funds investing heavily in India,, and (2) today's rate cut by the Indian central bank.

https://www.ft.com/content/aa3d35c2-b84a-11e9-8a88-aa6628ac896c

https://www.ft.com/content/99249abe-b8db-11e9-8a88-aa6628ac896c

An extra piece arguing against the government's stated intention to issue sovereign debt in foreign exchange.

https://www.livemint.com/opinion/columns/opinion-sovereign-borrowing-in-dollars-could-prove-addictive-1564670292025.html

My latest Mint column is my annual bulletin from the Santa Colomba Conference.

https://www.livemint.com/opinion/columns/opinion-a-santa-colomba-tradition-and-a-global-economy-at-a-crossroads-1564135601642.html

A Hindustan Times news story cites my recent piece with Rupa Subramanya, critiquing the $5 trillion GDP goal, in the context of remarks by Prime Minister Modi calling out "professional pessimists".

https://www.hindustantimes.com/india-news/professional-pessimists-criticising-budget-pm-modi/story-Jfp49pPJyWvcqXYJX0LBvL.html

I speak to the Wall Street Journal on the recent Union Budget in India.

https://www.wsj.com/articles/india-hopes-to-snap-out-of-slump-with-more-spending-11562327813?mod=searchresults&page=1&pos=1

Writing in Mint, Rupa Subramanya & I take on the Modi government's goal, derived from IMF projections, that India should become a US$5 trillion economy by 2024.

https://www.livemint.com/opinion/online-views/opinion-the-5-trillion-economy-goal-is-a-dangerous-distraction-for-india-1562255725260.html

I speak to the FT on the looming shadow banking crisis in India.

https://www.ft.com/content/4400e274-9638-11e9-8cfb-30c211dcd229?shareType=nongift

Pravin Krishna & I investigate the economics and the political economy of the current India - US trade dispute on GSP.

https://www.livemint.com/opinion/columns/opinion-trump-s-trade-tantrums-and-a-delicate-balancing-act-for-india-1560606234430.html

Why inflation targeting in India has been a rip-roaring success -- my latest Mint column.

https://www.livemint.com/opinion/columns/opinion-why-inflation-targeting-in-the-country-is-a-rip-roaring-success-1559497362263.html

I speak to the Wall Street Journal on Modi's economic model and what we may expect in his second term.

https://www.wsj.com/articles/indias-re-elected-ruling-party-sticks-to-gradual-actions-on-economy-11559214000?mod=searchresults&page=1&pos=1

I speak to the FT on prospects for a new economic reform push under the re-elected Modi government. (Spoiler alert: not very high.)

https://www.ft.com/content/3dc5cb98-815e-11e9-b592-5fe435b57a3b

I am quoted here in the Wall Street Journal and the Washington Post on Modi's likely re-election victory and his record to date.

https://www.wsj.com/articles/india-waits-to-see-which-modi-will-reign-with-polls-pointing-to-re-election-11558542361

https://www.washingtonpost.com/world/2019/05/23/indias-modi-has-been-bellwether-global-populism/?utm_term=.f917adb45ac5

My latest Mint column comments on the disappointing five years of economic policy under Modi, and the huge missed opportunity to fundamentally transform the economy.

https://www.livemint.com/opinion/columns/opinion-the-big-opportunity-that-modi-missed-to-reform-the-economy-1558281898228.html

In my Mint column of 6 May 2019, co-written this week with Rupa Subramanya, and now on line, we argue that RBI's forex swaps represent the central bank playing with fire, and we explain why we believe they are doing this.

https://www.livemint.com/opinion/columns/opinion-why-the-reserve-bank-is-playing-with-fire-with-currency-swaps-1556873601761.html

I speak to Simon Mundy of the Financial Times on PM Modi's outreach to Bollywood to burnish his image in this election campaign.

https://www.ft.com/content/7df1ae4e-6778-11e9-9adc-98bf1d35a056

My latest Mint column argues that India needs more creative destruction, less regulation -- in other words, let Jet Airways go bankrupt.

https://www.livemint.com/opinion/columns/opinion-more-creative-destruction-and-less-regulation-would-help-india-1555868941592.html

My latest Mint column agues that the Congress manifesto has much to commend it, in its blend of reformist economics and the pursuit of social justice.

https://www.livemint.com/opinion/columns/opinion-there-is-much-to-commend-in-the-congress-poll-manifesto-1554660759164.html

I comment on India's space ambitions in a BBC video explainer on the subject.

https://www.bbc.co.uk/news/world-47706047

My tribute page to my dear friend and co-author, "James Woodburn Dean (1941-2019), Rebel with a Cause:

https://sites.google.com/site/vdehejia/home

My latest Mint column takes on rising Indian trade protectionism, for which you cannot blame US Pres. Donald J. Trump.

https://www.livemint.com/opinion/columns/opinion-don-t-blame-donald-trump-for-indian-protectionism-1553451332297.html

My appreciation of my friend and co-author, the late James Dean, in today's Mint.

https://www.livemint.com/opinion/columns/opinion-in-memory-of-james-woodburn-dean-a-rebel-with-a-cause-1552239819952.html

I speak to Reuters on the recent India-Pakistan stand-off and what it may mean for Indian PM Modi's electoral prospects.

https://ca.reuters.com/article/topNews/idCAKCN1QP10X-OCATP

Lecture by James Dean on globalisation.

The video and text of this 2006 lecture by my late friend, James Dean, is available here:

https://sites.google.com/site/vdehejia/home

My latest Mint column dissects and finds wanting the notion that "printing currency" is a good way to finance the budget deficit.

https://www.livemint.com/opinion/columns/opinion-printing-currency-isn-t-a-good-way-to-finance-deficit-1551031095931.html

My latest Mint column interrogates the analogy of PM Narendra Modi with the Peronist former President of Argentina, Cristina Fernandez de Kirchner.

https://www.livemint.com/opinion/columns/opinion-narendra-modi-the-peronist-prime-minister-of-india-1549809864395.html

I speak to the BBC about the Congress proposal for a minimum income guarantee for the poor.

https://www.bbc.com/news/world-asia-india-47038421

My latest Mint column argues that coalition governments may not do much good but they could do much less harm than a strong single party majority.

https://www.livemint.com/opinion/columns/opinion-don-t-despair-at-the-prospect-of-a-coalition-govt-1548610785603.html

Rupa Subramanya's debut piece in The Washington Post dissents the Modi governments economic policy record and finds it sorely lacking in sound economics and replete with voodoo economics.

https://www.washingtonpost.com/opinions/2019/01/15/modi-has-failed-reform-indias-economy-populist-tricks-are-all-he-has-left/?

My research on convergence among Indian states, joint with Praveen Chakravarty, is cited in the Harvard Economics Review.

http://harvardecon.org/?p=3818

My latest Mint column (January 14, 2019) argues the case for why the RBI needs de jure independence.

https://www.livemint.com/Opinion/3eCw86Zi0I5MkVDzL4mW7N/Opinion--Why-the-Reserve-Bank-of-India-needs-de-jure-indepe.html