News Source: Business World
| 3 months ago
Central banks should set lending quotas, slash interest rates and reduce banks’ reserve requirements to enable the private sector to participate in the governments’ economic pump-priming efforts, a fund manager said last Tuesday. Mark Mobius,...
News Source: Business World
| 3 months ago
Governments should be careful in choosing where to provide a stimulus or they may end up accumulating debts they cannot handle, an economist yesterday said...Rajan, an economic adviser of Indian Prime Minister Manmohan Singh, said governments should...