Deepansh Bhati

Deepansh is a law student at the Faculty of Law, University of Delhi. He is a public policy and economics enthusiast and has authored many articles in the same domain.

Diving Beyond Dollars: Unravelling the dynamics of dedollarization

Economy /
Dedollarization

In an intricate dance of global finance, the concept of de-dollarization emerges as a pivotal narrative, underscored by both promise and complexity. While efforts to lessen reliance on the US Dollar intensify, its hegemonic grip remains formidable, fortified by its stable financial markets. The unfolding discourse spotlights the imperative of diversification, navigating trade disparities, geopolitical […]

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Capital Account Convertibility: Inching in Dribs and Drabs

Economy, Legislature /

They were the early days of 1991 when severe macroeconomic imbalances shadowed India’s Balance of Payments. Plummeting of forex reserve was coupled with macroeconomic instability which is now a tale of an economic ordeal – The 1991 Crisis. One thing we learned was to get away with the silos and globalize. Globalization called for currency

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