Liberal opinion holds that the international monetary and financial system is a device for promoting…
Bad Bank Proposal for India T Sabri Oncu
The author’s bad bank proposal for India would be capitalised with zero coupon perpetual bonds the government would issue and would give the country some breathing time so that she can attack and tackle all her other problems.
Bad_Bank_Proposal (Download the full text in PDF format)
(This article was originally published in the Economic & Political Weekly, Vol. 52, Issue No. 10, 11 Mar, 2017.)