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The world in 2020 is facing an unprecedented health crisis and a daunting economic crisis. India has a festering banking crisis that makes dealing with the economic fallout of COVID-19 all the more difficult.
Columnist, emerging markets investor and polymath Narayan Ramachandran talks to host Pavan Srinath and unpacks the twin economic crises and draws useful historical parallels. Narayan argues for an Indian Marshall Plan, extensive reforms, broad approaches, and charts a path ahead for India. Narayan writes a fortnightly column in Mint called A Visible Hand.
More by Narayan:
- [Article] We could tap foreign funds for an Indian ‘Marshall Plan’
- [Book] A Visible Hand: Essays on the Intersection of Economics, Politics, and Society
- [Podcast] A 100 Billion Dollar Hole in Indian Banks
Narayan Ramchandran is father of two girls, husband of writer, social entrepreneur, columnist and emerging market investor in that order. He worked on Wall Street (mostly at Morgan Stanley) for over 20 years, most recently as head of global emerging market investing and then country head of Morgan Stanley in India.