Ashima Goyal

Debt and its dangers

Generous debt restructuring is necessary for its efficacy, but the dominance of the Paris Club of advanced economy lenders has diminished due to a rise in the share of private creditors

Handling external shocks

Following the US Fed's monetary policy lead is not in the interest of emerging economies

Budget: Continuity & coherence

With some tweaking and good implementation, we can find a safe passage despite global turbulence

GDP measurement and the slowdown

Although there are some structural issues, the economy is slowing largely due to cyclical factors

Ashima Goyal: The policy balancing act

Flexibly targeting inflation is consistent with a demand stimulus

Ashima Goyal: How G20 can make a real difference

Three focus areas that can help the G20 recover energy, now that its initial success has run out of steam

Ashima Goyal: Rate-cutting consistent with reducing inflation

Inflation targeting regimes require rates to rise with expected inflation. A rise in rates matching inflation keeps real interest rates positive and prevents cycles of rising inflation