The Times of India

Indians Stagnate at Home

On returning to Delhi after some months abroad, the standard question everybody asked me was, \”What do Americans think of India?\” The answer is that Americans hardly think of India at all. The country is barely on their radar screen. …

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India Overtakes Pakistan

Pakistan has long been richer than India. On the 50th anniversary of independence, The Economist proclaimed India the greater political success, but Pakistan the better economic performer. That may finally have changed. The World Development Report, 1998, of the World …

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You Can\’t Buy Reform

When India went bust and started reforming in 1991, leftists predicted a decade of lost development. They pointed to much of Africa and Latin America, where growth had stalled or reversed in the 1980s after years of structural adjustment programmes …

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You Can\’t Buy Reform

When India went bust and started reforming in 1991, leftists predicted a decade of lost development. They pointed to much of Africa and Latin America, where growth had stalled or reversed in the 1980s after years of structural adjustment programmes …

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Lessons from a Failed Cartel

Nobody is celebrating the silver jubilee of the 1973 oil crisis which suddenly made the Organisation of Petroleum Exporting Countries (OPEC) rich beyond its wildest dreams. The event was then hailed as a historic watershed, for two reasons. First, developing …

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