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Tag Archives: International Monetary Fund

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Recession in North, but emerging Asia is expanding – The Economist

Recession

  Anybody could have guessed this. It is unimaginable that entire world will go through a recession simultaneously. Not everyone can be losers for too long. There should be winners somewhere. For example, what would the US firms that find their human resources costs, logically do? They outsource to Bangalore. So the BPO industry in […]

Regulation must stay one step ahead of innovation: Chidambaram

India’s finance minister Palaniappan Chidambaram said Monday in Washington, “Regulation must stay one step ahead of innovation”.  He said the developed countries’ financial authorities are not keeping up with the new and complex financial market instruments that lay behind recent credit market turmoil.  “Thanks to the present crisis which originated in the advanced economies … […]

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