In the World



Global companies in India

Global companies in India: what makes them salivate?

BANGALORE | By Srikanth Vasuraj | As U.S. president Barack Obama recently stated on Twitter, “India is not simply emerging. It has emerged”. Whilst China is considered the world’s largest market because of its population, India is still a preferred destination because of the size of its consumer market and ease of doing business.


Mexico

Mexico must cut oil dependency

BARCELONA | By CaixaBank research team | In order to be effective, pending reforms in Mexico should make public revenue less dependent on oil, such as by eliminating income tax deductions.




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Interbank tensions in China

BARCELONA | By CaixaBank research team | The credit provided by China’s financial system has grown at a very fast rate over the last few years, particularly in its so-called shadow banking system.



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Don’t always blame austerity

SAO PAULO | By Marcus Nunes | Some economists make the now conventional mistake of ascribing the 1937-38 recession to “austerity”. It was a classic monetary tightening (gold sterilization mostly) induced recession.