As large parts of the world economy remain engulfed in the most serious downturn witnessed since the 1930s, trade and currency rivalries have intensified and even threaten to take the shape of geo-political conflicts. Vineet Kohli, of the Tata Institute of Social Sciences, examines the debate over currency wars.
There is a fierce debate within economists regarding the nature of recovery of the Chinese economy from the financial crisis. Vineet Kohli contributes to this debate in the attached article.
"The recent crisis in global financial markets has clearly demonstrated the shortcomings of a deregulated financial regime." writes Vineet Kohli an Economist with Economic Research Foundation