Category Insights

Insights, a blog published by IMPRI.

The Collapse of SVB: The Story of Systematic and Unsystematic Risk

And the story goes on like this. This bank, named Silicon Valley Bank (SVB), lent money to the tech industries and start-ups, primarily in the tech domain. On 10th March 2023, the news broke that this bank collapsed and did not have enough funds to pay back to its depositors. SVB was the biggest US lender to fail since the 2008 global financial crisis.

Ruling Dispensation and Convicted Defamation make Rahul Gandhi voice of Democracy

Through relentless persecution, the ruling dispensation has vested Rahul Gandhi with a political salience he had lacked

Sometimes, two wrongs do make a right. Rahul Gandhi’s conviction for defamation and his expedited disqualification from Parliament show how right he was when he said in London that India’s democracy is under attack. The ruling dispensation’s political practice itself comes to Rahul Gandhi’s defence, when it comes to offering substantive proof of his claim.

The SVB Downfall: a Macroeconomic Phenomenon

The real world has a way of confounding textbook economics. Macroeconomics, the branch that deals with the big things like growth, inflation and interest rates, seems broken when used to implement policy. In medicine, a drug is not approved for use if it has potentially serious side-effects. Or, if it's approved, it is administered with care, in the right doses. The collapse of Silicon Valley Bank (SVB) and the pressure on other US banks suggests that economists still don't quite appreciate the side-effects of their actions.

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