Carmen Reinhart

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World Bank appoints Indian national Indermit Gill as chief economist

After Kaushik Basu, Gill will be the second Indian to serve as chief economist at the World Bank. Asit Ranjan Misra reports. Photograph: Kind courtesy, Brookings Institution The World Bank has......

Why the rising value of the dollar is bad news for America

Abheek Barua & Bidisha Ganguly explain why the US treasury should intervene if the overvalued greenback continues to rise. Illustration: Dominic Xavier/Rediff.com If there's one thing that could......

Economic crisis: Will it end in 2009?

2008 has been described as a tale of two halves. In the first half, roughly speaking, investors believed that the financial crisis and its economic fallout would remain US-centric. Non-dollar......

Multiple crisis and what lies ahead for the global economy

The world economy is in worse shape than since the United States tremors initially rolled across the globe in 2008, says Ashoka Mody. Pedestrians walk towards the (L-R) Irish, Greek, Spanish and......