De-dollarisation predicts the fall of the hegemony of the US, but no alternative currency currently exists. There are some keywords that are periodically tossed around to indicate a looming crisis. De-dollarisation is the latest one that predicts the crumbling of the United States (US) global hegemony as the world moves on from the dollar....
Silicon Valley Bank failure is a text-book case of an asset liability mismatch. It’s roots are in poor risk management practices that zero interest rate decade in the US triggered. Like an episode of a fast-paced crime thriller, the story of the 16th largest bank of America, Silicon Valley Bank (SVB), moved from a...
This article is part of the series 30 Years After: Review and Renew the Reforms Agenda. At the heart of the complex web of bits and bytes that is the modern financial system is the ability to exchange and transfer capital (money) between various participants in an economy. Borrowers, lenders, investors and entrepreneurs form the...
Indians like to complain about things in India. But over the last 10-15 years big changes have happened in services both public and private