Thursday, August 18, 2011
Links for August 18, 2011
.
1. Nepal Rastra Bank's Governor, Dr Yubraj Khatiwada, advises the BFIs to regulate themselves.
This is very worrying to hear from the Governor. I agree, in general, about BFIs having to pay more heed in keeping their books and lending/borrowing practices balanced. But, asking the BFIs to "regulate" themselves is precisely the reason why de-regulated economies like the US and Europe suffered the financial crisis in 2007. The governor should be careful before dispensing such risky suggestions.
2. A nice article about inflationary expectations (using the US example)
3. Here's an excellent question: Is Nepal turning into a "constitutional anarchy"?
4. Surya Nepal shuts down its factory in Biratnagar that produces world famous brands--John Players and Springwood. Usually, I am a pro-union guy, but this incident shows how Nepalese tend to take the union concept to its extreme and hack our own legs.
5. 50,000th Bhutanese refugee leaves Nepal to settle overseas. Personally, I see a failure of Nepalese diplomats to talk with their Indian counterparts to solve this crisis. It's a shame. The Bhutanese should have been able to go back to where they belonged--in their own country, Bhutan. But, failure of Indian and Nepalese diplomats hurt these refugees for the last two decades.
6. ICRA to begin credit rating in Nepal
7. Nepal's credit rating. The world bank paper is here (PDF document).
1. Nepal Rastra Bank's Governor, Dr Yubraj Khatiwada, advises the BFIs to regulate themselves.
This is very worrying to hear from the Governor. I agree, in general, about BFIs having to pay more heed in keeping their books and lending/borrowing practices balanced. But, asking the BFIs to "regulate" themselves is precisely the reason why de-regulated economies like the US and Europe suffered the financial crisis in 2007. The governor should be careful before dispensing such risky suggestions.
2. A nice article about inflationary expectations (using the US example)
3. Here's an excellent question: Is Nepal turning into a "constitutional anarchy"?
4. Surya Nepal shuts down its factory in Biratnagar that produces world famous brands--John Players and Springwood. Usually, I am a pro-union guy, but this incident shows how Nepalese tend to take the union concept to its extreme and hack our own legs.
5. 50,000th Bhutanese refugee leaves Nepal to settle overseas. Personally, I see a failure of Nepalese diplomats to talk with their Indian counterparts to solve this crisis. It's a shame. The Bhutanese should have been able to go back to where they belonged--in their own country, Bhutan. But, failure of Indian and Nepalese diplomats hurt these refugees for the last two decades.
6. ICRA to begin credit rating in Nepal
7. Nepal's credit rating. The world bank paper is here (PDF document).
Labels: Bhutan, central bank of nepal, credit rating, inflation, nepal rastra bank, refugees
Wednesday, August 10, 2011
Links for August 10, 2011
.
1. The world's current credit rating. As the picture shows, Nepal is not rated.
2. How do you sell your country's centuries of history? Well, learn it from the corrupt Nepalese politicians and bureaucrats.
3. More Nepalese are traveling outside Nepal as tourists.
4. Nepalese government to guarantee jobs to the poor.
5. Phillips Curve shows the relationship between the inflation and unemployment rate in a country. It suggests that these two macroeconomic variables have an inverse relationship i.e. when inflation is low, unemployment is high, and vice versa. The graph showing this relationship is below:
Does this mean Phillips Curve fails in the Nepalese context? Because we are suffering from "high inflation" and "high unemployment" at the same time. I don't know. Maybe some other factors are at play.
1. The world's current credit rating. As the picture shows, Nepal is not rated.
2. How do you sell your country's centuries of history? Well, learn it from the corrupt Nepalese politicians and bureaucrats.
3. More Nepalese are traveling outside Nepal as tourists.
4. Nepalese government to guarantee jobs to the poor.
5. Phillips Curve shows the relationship between the inflation and unemployment rate in a country. It suggests that these two macroeconomic variables have an inverse relationship i.e. when inflation is low, unemployment is high, and vice versa. The graph showing this relationship is below:
Does this mean Phillips Curve fails in the Nepalese context? Because we are suffering from "high inflation" and "high unemployment" at the same time. I don't know. Maybe some other factors are at play.
Labels: corruption, credit rating, jobs, tourism, unemployment
Subscribe to Posts [Atom]
