Great discussion though the professors voice is not as clear as the interviewer. His voice echoes a lot. Hope we get better acoustics in next interviews.
India needs Highest quality Macro And micro Economists at the higest level of Finance ministry. Assign highest priority to building infrastructure which to certain being done but is not enough. Perhaps get private sector involved in this. Amend or remove laws and judicial actions that impedes accelerated progress in infrastructure development. Deng Chou Ping got all overseas Chinese involved in developing china’s massive infrastructure development.
A lot of smart people seem to have fallen for this idiotic concept of 'middle income trap' . There is no such thing. If you keep your debt low and invest in productive capacity you will keep growing. I know Rathin Roy is very popular in some circles and he keeps talking about middle/low income traps, but it is a bogus concept.
"Invest in productive capacity." That is difficult with low interest rates for years on end. People are led into more risky investments when safer options no longer exist.
#rootcause #for #recession #karma #comesback #stoplootingworld 🌍🌍🌍🌍🌍
Great discussion though the professors voice is not as clear as the interviewer. His voice echoes a lot. Hope we get better acoustics in next interviews.
We will do better! Thank you!
India needs Highest quality Macro And micro Economists at the higest level of Finance ministry. Assign highest priority to building infrastructure which to certain being done but is not enough. Perhaps get private sector involved in this. Amend or remove laws and judicial actions that impedes accelerated progress in infrastructure development. Deng Chou Ping got all overseas Chinese involved in developing china’s massive infrastructure development.
Dengist 🔥
The time stamps are useless
We can find solutions... if we band togeather and work the problem........ if you don't have money work out trades there is always a way....
This is how sex work is justified. Amazing concept for a nation's economic sucess
A lot of smart people seem to have fallen for this idiotic concept of 'middle income trap' . There is no such thing. If you keep your debt low and invest in productive capacity you will keep growing. I know Rathin Roy is very popular in some circles and he keeps talking about middle/low income traps, but it is a bogus concept.
What if I told you debt is one source/condition to invest
So there seems to be more to it than minimize debt maximize production
Tell that to China!
"Invest in productive capacity."
That is difficult with low interest rates for years on end. People are led into more risky investments when safer options no longer exist.
@@jj3682 I mean public investment. The UK government should borrow to build the infrastructure to support new housing ,
hahah, professor cut :D:D:D nhu ong ma la professor thi tui la thuong de ne :D:D:D
tuyen truyen danh lua thien ha ma thoi.
Wrong to relate crisis to brexit