Category Archives: Economics

United States: Comment On The March 20 Federal Open Market Committee (FOMC) Statement

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa In this article we reiterate our case for industrial policy during periods when structural unemployment is high as now. We had published a seminal technical paper in these pages on April 12, 2012 … Continue reading

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Posted in Economics, Monetary Policy, North America and Caribbean, Transformations LLC | Tagged | 1 Comment

Cyprus

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa     The small island country, Republic of Cyprus, in the Eastern Mediterranean Sea, east of Greece, south of Turkey, west of Syria, Lebanon, northwest of Israel and north of Egypt is about … Continue reading

Posted in Economics, European Union, Financial Regulation, Transformations LLC | Tagged | 1 Comment

Manufactured Crises And Change

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa President Obama has denounced brinkmanship in Washington. He does not think manufacturing crises to change the way of things is wise. He is correct because he knows that his presidency is an accidental … Continue reading

Posted in Economics, Fiscal Policy, Monetary Policy, North America and Caribbean, Transformations LLC | Tagged , , | 1 Comment

Dow Jones Industrial Average (DJIA)

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa The Dow Jones Industrial Average (DJIA) index of 30 stocks closed at an all-time high of 14253.77. Below is a comparison of key economic indicators of 2007 and 2013: US economy is structurally … Continue reading

Posted in Economics, North America and Caribbean | Tagged | 3 Comments

India: Economic Outlook

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa Indian economy is slowing. 2012 has not been the best year for agriculture – the largest of the 3 economic sectors and industrial output is also declining. Slowdowns in United States and Europe have … Continue reading

Posted in Economics, Fiscal Policy, Monetary Policy, South Asia: India, Pakistan, Bangladesh, Nepal, Bhutan, Burma and Sri Lanka, Transformations LLC | Tagged | 1 Comment

United States: Economic Outlook

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa (Since I wrote this article BEA revised 2012 Quarter IV GDP to +0.4% on March 28th from -0.1% on January 30th. Still, effectively, within margin of statistical error, US economy is at a standstill.) … Continue reading

Posted in Economics, Finance, Fiscal Policy, Monetary Policy, North America and Caribbean, Transformations LLC | Tagged , , , | 1 Comment

United States: Comment On The 2013 State Of The Union

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa President Obama delivered his State of the Union address to the joint session of the United States Congress on February 12, 2013. He laid out his policy agenda for his second term in office … Continue reading

Posted in Economics, Fiscal Policy, Foreign Policy, Government, Health Care, Mexico and Central America, Migration, Monetary Policy, National Security and Defense, North America and Caribbean, Politics, Russia and Eastern Europe, Sociology, Terrorism, Transformations LLC, Turkey, Middle East, North Africa and Central Asia | Tagged , | Leave a comment

US And India Solar Trade Wars. Whither Local-Global?

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa United States has filed a dispute against India in the World Trade Organization (WTO) contending that US solar exports to India will be hurt by the domestic content requirement in Indian solar procurements. Acquiring … Continue reading

Posted in Economics, Energy Policy, North America and Caribbean, South Asia: India, Pakistan, Bangladesh, Nepal, Bhutan, Burma and Sri Lanka, Transformations LLC | Tagged , , | Leave a comment

How Central Bank Independence Has Become A Political Moral Hazard

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa The 1951 Treasury-Federal Reserve Accord had formally established central bank independence in the United States to prevent political meddling by either the Congress or the Executive Branch in the setting of interest rates … Continue reading

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Obama’s Second Inaugural

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa President Barack Hussein Obama has been inaugurated once again. He wants to reset the national conversation away from the economy. He wants his second term to be about building a better society which … Continue reading

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