Demystifying negative interest rate policy

When the US Federal Reserve Chairman talks, central bankers and financial market watchers around the world listen -- be he/she the former chair or the current chair. This week they both spoke within a span of two days from two different continents."You're seeing it [negative interest] pretty much throughout the...

Idea Economy: Generating and translating ideas into economic value

Nobel Laureate Paul Romer has popularised the idea that economic outputs are a function of ideas and objects. Objects comprise of raw material, labour, energy, land etc. Ideas form the recipe of mixing ingredients. By improving ideas or adding more objects, we could expand economic value creation. As developing countries...