Reserve Bank of India deserves share of credit for
economic stability
Country has come long way since it was a 'fragile
five' emerging market
The Great Rates Descent Will Be Nasty, Brutish and
Long
Markets regarded as “emerging” look to have emerged.
Indeed, they’ve shown better economic management than their peers in the
developed world. Disinflation is well underway (with the major exception of
Turkey). That’s why Brazil and Mexico made cuts in March while the ECB and the
Fed had to hold. They also showed that they deserved emerging status by
controlling price rises far better than the nations of the so-called “frontier”
— still too poor or with insufficiently liquid and accessible markets to be called
emerging.