Secure RBI independence through direct accountability to Parliament

Shaktikanta Das, who recently retired as Reserve Bank of India (RBI) governor, was appointed as a principal secretary to the Prime Minister, making him the second most important government bureaucrat in the country. Just as retired judges taking up political appointments is perceived as undermining judicial independence, post-retirement appointments of central bank governors could evoke…

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Why Canada should join the EU

As international conflicts go, none did so little to disrupt the global order as the “whisky wars” that pitted Canada against Denmark for four decades. Flaring up in 1984, the unlikely spat involved a one-square-kilometre island in the middle of an icy Arctic channel marking the border between Greenland (now a self-ruling part of Denmark)…

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