Gita Gopinath said there are transition costs whenever a reform is put in place and social safety net should be provided to ensure vulnerable farmers aren't harmed.
IMF's chief economist Gita Gopinath talks about how countries can handle the consequences to economies, environment, and health systems. Read the full interview here.
Speaking at the digital Off The Cuff, Gita Gopinath also said there was a lot of uncertainty around DGP forecasts, which are being revised based on ground realities. Read the full text here.
IMF Chief Economist Gita Gopinath says India is spending around 1% of its GDP to combat the economic impact of Covid-19, but emerging markets on average are spending 2.5%.
Economists say it’s still too early to tell how bad the economic damage from COVID-19 will be, but it will be large. They suggest bringing on fiscal firepower.
When Israelis pushed out Arabs in 1948, they didn’t think that embittered refugees would turn into a permanent threat to their new state. This was a catastrophic miscalculation.
ISKP, a sub-continental branch of the Islamic State, is said to have vowed to extend operations in Kashmir, on encouragement from Pakistan’s security establishment.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
Maybe
What does the IMF Chief Economist know? Nothing of course.
Our expert Shri Pappu Ji knows best what is good for the farmers.