The new chief economic advisor, V Anantha Nageswaran, has been writing commentaries on topical economic developments. Thus his views on various issues can be collaged to gauge his economic thoughts. Here are his commentaries on a few key issues:
Demonetisation
"Demonetisation will cost more than slow growth (September 5, 2017, Mint)"
"Judgment on epochal policy decisions cannot be rendered instantaneously or in real-time. Bank nationalisation is an example. At the end of the first two decades, its scorecard was positive, on balance. At the end of five decades, it is mixed to negative. Historians will record that the opposite is true of demonetisation
(November