Boom Bust Season 2 Episode 76 Steve Hanke On the Strong Dollar and Emerging Markets and Eswar Prasad On India

On this episode of Boom Bust, Steve Hanke, an economist at Johns Hopkins University, analyzes the current state of the US dollar and its impact on emerging markets. Hanke shares his insight into the concept of a 'strong dollar' and discusses its positives and negatives for the US and global economies. He also evaluates how emerging markets are impacted by a strong US dollar and explains the connection between currency devaluation and inflation in these markets.

Additionally, Eswar Prasad, a professor at Cornell University, provides an in-depth analysis of the Indian economy. Prasad examines the Indian government's monetary policies and its efforts to improve the country's economic growth. He analyzes the potential benefits of India's initiatives to address the non-performing assets in the banking sector, and how this restructuring could impact the overall economy. Prasad also looks at the new Goods and Services Tax (GST) introduced by the Indian government and its potential impact on the country's businesses.

The hosts break down the latest news surrounding the Brexit negotiations as tensions rise between the UK and European Union. They provide insight into the potential implications of a 'hard Brexit' on the UK economy, including how it could affect trade and financial services. The episode also includes an overview of the recent market performances and how they relate to the global economy.

Overall, this episode of Boom Bust provides a comprehensive analysis of the current state of the global economy with a particular emphasis on the US dollar and Indian economy. The experts offer valuable insight and analysis on the latest developments in international markets, providing viewers with a well-informed look at the business and economic landscape.