{"id":3104,"date":"2008-10-30T07:49:34","date_gmt":"2008-10-30T02:19:34","guid":{"rendered":"http:\/\/www.ravikiran.com\/blog\/?p=3104"},"modified":"2008-10-30T10:39:03","modified_gmt":"2008-10-30T05:09:03","slug":"thatz-why-we-need-strong-regulations","status":"publish","type":"post","link":"https:\/\/www.ravikiran.com\/blog\/classic\/200810\/thatz-why-we-need-strong-regulations\/","title":{"rendered":"Thatz Why We Need Strong Regulations"},"content":{"rendered":"<p>Okay, so why are Indian companies in trouble in spite of Palaniappan Chidambaram&#8217;s ironclad assurances that Indian markets are so well-regulated that we are insulated from the crisis?<\/p>\n<p>It is because our financial\u00a0sector is\u00a0so well-regulated that\u00a0we do not have a decent corporate bond market.\u00a0 So, Indian companies that wish to borrow end up borrowing in foreign currency from global markets. In other words, we have regulated our financial markets so well that\u00a0we are\u00a0more tightly coupled with the evil deregulated financial markets than we should have been.<\/p>\n<p>The solution, of course, is more regulation. It always is.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Okay, so why are Indian companies in trouble in spite of Palaniappan Chidambaram&#8217;s ironclad assurances that Indian markets are so well-regulated that we are insulated from the crisis? It is because our financial\u00a0sector is\u00a0so well-regulated that\u00a0we do not have a decent corporate bond market.\u00a0 So, Indian companies that wish to borrow end up borrowing in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[221,77,21,13],"_links":{"self":[{"href":"https:\/\/www.ravikiran.com\/blog\/wp-json\/wp\/v2\/posts\/3104"}],"collection":[{"href":"https:\/\/www.ravikiran.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ravikiran.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ravikiran.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ravikiran.com\/blog\/wp-json\/wp\/v2\/comments?post=3104"}],"version-history":[{"count":3,"href":"https:\/\/www.ravikiran.com\/blog\/wp-json\/wp\/v2\/posts\/3104\/revisions"}],"predecessor-version":[{"id":3106,"href":"https:\/\/www.ravikiran.com\/blog\/wp-json\/wp\/v2\/posts\/3104\/revisions\/3106"}],"wp:attachment":[{"href":"https:\/\/www.ravikiran.com\/blog\/wp-json\/wp\/v2\/media?parent=3104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ravikiran.com\/blog\/wp-json\/wp\/v2\/categories?post=3104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ravikiran.com\/blog\/wp-json\/wp\/v2\/tags?post=3104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}