Wednesday, September 06, 2006

What comes next in the global business cycle

In recent weeks, disturbing news has been emanating out of the US in terms of difficulties on the housing market. In today's Business Standard I try to describe what is going on, and speculate about implications for India.

Coincidentally, today's BS also has me offering one side of a debate on fiscal consolidation with T. C. A. Srinivasa Raghavan on the other side (link to full debate on BS website).

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