A bank official counts discontinued rupee notes.
AP Photo/ Anupam Nath
India's recent move toward a cash-free society helped reveal just how important physical currency is to the informal economies that the poorest families depend upon.
Economists need to focus on the role white privilege plays in modern, growing economies.
Traditional economists cannot quantify or measure the effect of white male privilege in facilitating business dealings or obtaining employment in emerging market economies.
The Indian people felt a moral obligation to queue up and co-operate with the ‘notes ban’ policy.
Public co-operation is not proof of trust in government. The Indian people did not trust elected politicians to represent them against top-down policymaking that caused enormous difficulties.
Indians have turned to digital payment following demonetisation.
India is going digital.
Fistful of nothing.
India is engulfed in chaos after Prime Minister Narendra Modi introduced the wrong policy at the wrong time.
The Indian government recently demonetised 86% of its country’s cash – and kicked off a logistical nightmare.
Setting up a new economy is no easy task.
The removal of 500 and 1,000 rupee notes is pushing India to look for new ways to spend its money.
Cyrus Mistry, in happier times.
Inside the coup at the top of India's biggest company.
Most smartphones in India can’t even access 3G networks.
A new player is shaking up the Indian mobile market. But will it be enough?
Raghuram Rajan’s most important achievement was in sticking to the mandate of the Reserve Bank - inflation targeting.
Raghuram Rajan is not the first central bank governor to disappoint the government that appointed him.
Jat protesters block a national highway.
Young Indians have been left desperate by an era of jobless growth.
An Ethiopian girl sells barley seeds in northern Tigray. The sub-Saharan Africa seed industry remains largely informal.
The seed industry in sub-Saharan Africa suffers from many challenges. India, which has one of the biggest seed markets in the world, offers some lessons on how these challenges could be overcome.
Leader of The Greens, Richard Di Natale, speaking on ABC TV’s Q&A program.
Richard Di Natale, leader of The Greens, told the Q&A audience that India will no longer buying Australian coal but presenter Tony Jones said he thought that was wrong. We check the facts.
Some have accused Narendra Modi of leading a ‘directionless’ government, but his focus has been on tackling some of India’s biggest pain points.
Given the legacy issues Modi had to take on, his first year in office stands up to criticism.
The main strategy of Modi’s economic advisers in the first year has been to treat the Indian economy as the proverbial elephant in the room.
Xing Zhe CHINA OUT/EPA/AAP
Mindful of the short attention span of voters, Modi's economic advisers have been careful to avoid selling economic policy as the answer to India's problems.
Modi’s visible international engagement has been as much for domestic as international consumption.
Yonhap South Korea Out/EPA/AAP
Modi's first year in office saw him visit 19 countries, spending 52 days abroad. But his energy shown overseas has not been matched by the requisite zeal for domestic economic reform.
Indian finance minister Arun Jaitley’s budget managed high expectations with a weaker-than-usual budget situation.
Given its unambiguous mandate at the last election there were high expectations from the maiden budget of the government of Indian prime minister Narendra Modi. However, the fiscal parameters within which…
In China, there has been a shift away from traditional textile and clothing to computers and communications.
AAP/EPA/SHEPHERD ZHOU CHINA OUT
As Australia laments the decline of its manufacturing sector, China is actively taking steps to accelerate its move up the value chain. Historically a low-cost operating environment, China was once an…
Much too slow.
As a medical student in India in the early 1980s, the biggest problems I encountered were under-nutrition, sanitation, high burden of infectious diseases and woefully inadequate vaccination of children…
A weak rupee is just one of India’s woes.
The US debt crisis is over for now, but legislators have just kicked the can down the road. In this series on the US debt ceiling, academics from Australia, the UK and the US assess the lingering global…