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Friday, December 18, 2015

The quality of politicians and economic growth

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The quality of growth depends on the quality of politicians you elect!  That’s the main point of a working paper by Prakash, Rockmore and...
Friday, December 11, 2015

For Japan, raising inflation target and increasing wages by 5-10 percent may be better

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While some countries are grappling with high inflation, Japan (and in relative terms the developed countries) are struggling with persiste...
Monday, November 16, 2015

Earthquake and Blockade: A wrecked Nepalese economy

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Earthquake and economy The catastrophic 7.8 magnitude earthquake on 25 April and subsequent aftershocks (two of them very strong) cripp...
Friday, October 30, 2015

Poverty in Nepal and South Asia based on $1.90 a day poverty line

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The World Bank recently updated its global poverty line , which is now re-estimated at $1.90 a day, up from $1.25 a day earlier. Accordingl...
Saturday, October 17, 2015

Deaton vs Friedman: Is income more volatile than consumption?

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Angus Deaton was awarded the 2015 Nobel Prize in economics  for his "analysis of consumption, poverty and welfare."   Here you c...
Saturday, September 26, 2015

The 17 Sustainable Development Goals (SDGs)

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Here is the list of the 17 SDGs agreed this week at the UN. There are many targets within each group. SDGs are the set of long term global ...

Migration, remittances and balance of payments post April 25 earthquake in Nepal

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This is adapted from Macroeconomic Update, August 2015, Vol.3, No.2 (executive summary here , and FY2016 growth and inflation outlook here ...