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Joseph Stiglitz News

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The Panama Papers scandal burst into the media earlier in April, based on a leak of millions of secret client documents from a Panama law firm`s servers.
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Nobel-winning US economist Joseph Stiglitz and Swiss anti-corruption expert Mark Pieth have said that a dispute over transparency had prompted them to quit a panel on reforming Panama's finance sector.
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The so-called Panama Papers scandal erupted in April, when media outlets around the world published details of murky offshore financial dealings gleaned from 11.5 million leaked documents from Panamanian law firm Mossack Fonseca.
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The committee set up to investigate lack of transparency in Panama`s financial system itself lacks transparency.
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BJP MP Subramanian Swamy, who has been critical of the approach of controlling inflation at the cost of economic growth, on Friday said only a person with "nasty mission" to undo India would hold a different view.
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The US State Department in a report said that India's 7.5 percent growth rate may be "overstated".






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