Thursday, August 18, 2011
Links for August 18, 2011
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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
Comments:
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So you are a pro-union guy?? I guess there are lots of things that unions have done in Nepal that you can be proud of...If you look at any and i mean ANY of the major labor issues this country has faced so far it has nothing to do with genuine labor issues and it's always some political party or its sister organizations unsatisfied by the extorted amount! I don't this is the only extreme case ....almost every major incidents regarding labor has been an extreme case...I find it sad that even knowledgeable people have attitude that business are there to EXPLOIT people and nothing else as if the people were better off without the businesses and industries ...as if the government sector has done even one-tenth of what private sector has done to lift people off poverty......
P.S. I apologize if my views are extreme!
P.S. I apologize if my views are extreme!
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