• Who’s afraid of a big current account deficit?813530
  • What is the CAD?
  • What if there was no capital account?
  • Should we bemoan the large Indian CAD?
  • A big CAD got us into trouble in 1991. Won’t that happen again?
  • Why won’t all channels choke all at once?
  • What kinds of foreign investors respond the most to rupee depreciation?
  • Why is a large CAD seen as a big problem?
  • What is the role of MOF or RBI in ensuring adequate capital comes into the country to match the CAD?  Continue reading