Prof. Geeta Gopinath In An Exclusive Interview With ET NOW From IMF Headquarters
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- čas přidán 26. 08. 2024
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ET NOW's Nayantara Rai in an exclusive interview with Prof. Geeta Gopinath from IMF headquarters, Washington, D.C. The Harvard professor spoke about IMF's forecast for India's growth rate and Modi' govt's ambitious 'Universal Basic Income' proposal. She also admitted to being optimistic about Indian growth story.
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The Most intelligent woman of Indian Origin.
J. JOSEPH 100% yes
We should understand. She is US citizen. This false pride should stop after a point. Most western educated people of no great understanding of India and Indian problems.
They are just talk talk talk. But in reality, no real solutions for it
Mini Pillai She is Indian - US citizen.. She did study here till her MA in Economics then went on to study there..now that is she
As a matter of fact nobody understand the indian economic problem or has a solution. Gita Gopinath is the best economist on the planet if she can't understand what's wrong with India nobody can!
@@josephj4043 Do you realise that her promotion has something to do with policy of workplace diversity. It has something' to do with her gender and race. There is lot of pressure on multi-national corporations and organisations to hire minorities and women. It is not necessary that she may be brainest economist in the world but may be competent.
Even she is us citizen as of now . She is born and brought up in India. From Mysuru,Karnataka. graduated in Mysuru
Yes yo
Great personality..
Hoping for a lot of great works from ur side.. good luck
Congratulations
I admire her🌹Ofcourse demonatisation was not a good move should have been planned better !!
Nice
U r an inspiration ma'am
Can't imagine if she was my professor.
She is international figure
The Kerala state lucky to have financial adviser.
please madam do fever for India...
favor***
edit yo comment subhuman
Favour, not fever.
Instead of UBI government should invest in quality education and public health care and taxes should be increased
Hot economist😋
😀😀
"Raise revenue....." LOL. Government uses tax liability to create a demand for the currency, not for revenue. The Government of India has a monopoly on issuing rupees, they do not need taxes to do so, they just need parliamentary votes to authorise spending. Spending, for a government, is equivalent to supplying new money. No taxes are needed for that. Taxes are imposed first as a liability, to create a demand, then government spends, then afterwards it taxes some of that money back to limit inflation calling in the liability. You cannot tax before giving people money, that's immoral, it puts people into debt, and yet this is exactly how most politicians think, it is absurd and immoral. You must issue large government deficits if your population is growing and has savings desires, otherwise taxation is a gross injustice which would put many into debt.
She's right about UBI overall. But wrong at first, a UBI is not expensive in real terms , only in nominal terms, but a fiat currency cares nothing about nominal terms, it just achieves a lifting of the price floor. Basically UBI is just wasteful (of political capital) and stupid, achieving nothing. If you are serious about alleviating real poverty you want a BI not a UBI, where a BI goes only to the unemployed, and you also want a #JobGuarantee to increase your productive population so that you don't have many unemployed to start with, as well as the usual social security policies. Anything else is foolish and pandering to capitalists. Problem is the Job Guarantee trialled in India under the NREGA (2005 Act) was totally corrupted. At all levels. This suggests India does not have the judicial, policing and legal infrastructure to run a fair Job Guarantee program, and this make s a #BasicIncome policy a vital first step. NREGA is criticised for blowing up the India government deficit, but that's a false criticism, since as all good MMT'ers know, government deficits are private savings, dollar for dollar, so it is exactly the right sort of policy macroeconomically, the only problem is NREGA was flawed in implementation and open to abuses. A #BasicIncome would also expand the deficit, but again, that is a good thing. Government deficits are private surplus (assuming current accounts are balanced).
Gita She is so so hot 🥰🥰
Gita sounds like an old school Keynesian. She is dead wrong about the role of government spending. Government is the monopoly issuer of the currency. So if you have a growing population like India, you will need to continually run deficits to put net money into the economy, to not do so is net austerity policy, and is, imho, a crime, a human rights crime. When government runs a surplus and the population is increasing, someone is going to be in net debt. No matter what. That's tantamount to murder when done on a massive scale. Debt kills families.
i dont like this woman