WHEN The Economist's economics editor studied macroeconomics in the 1970s, the basic model for understanding swings in demand was the so-called IS-LM framework, invented by Sir John Hicks in 1937 as ...
We’ll send you a myFT Daily Digest email rounding up the latest Central banks news every morning. Manmohan Singh is a senior economist at the IMF. The views below are his own, rather than that of the ...