Sabyasachi Kar, Discover and Read the Best of Twitter Threads by @Sabya_K

Sabyasachi Kar

Sabya_K

1/Thread.A lot of useful discussions going on about pricing of vaccines. Some thoughts on this.There are 2 issues here. The first, how much should the vaccine producers charge for the

Thread.There's some discussion on Indian #EconTwitter about our high forex reserves and what to do WITH it.I think that's looking at the issue from the wrong end. The question should

1/10 Thread.This piece by @CafeEconomics deals with a very important aspect of economic growth in countries like India.While we fuss so much about the growth numbers here, what really drives

Thread: Does Covid-19 crisis need Modern Monetary Theory (MMT) approach?It has now become clear that the Indian govt. will run a large fiscal deficit in 20-21. For funding this, some

Excellent podcast. Agree mostly with Ajay. Adding a few points here that are complementary to his approach.1. The private vs. public sector is a false debate that we have indulged

1/6 Thread. @BIS_org suggests that during this crisis, banks should provide support only to illiquid firms and not to insolvent ones. Is this suggestion useful in developing countries?Some thoughts:This sounds

Govt. postpones monetization of deficits. My thoughts:1. The govt. doesn't seem to be budgeting for its Covid-related expenditures right now. Instead, expenditures will be made as per need. If expenditures

Thread.The reverse migration of labourers from Delhi after the lockdown in India, clearly caught the government on the wrong foot. I find that the Lucas critique of macro policies in