The future of the Eurozone (comprising 17 European countries using the euro as their currency) is in doubt after voters in Greece and France threw out incumbents struggling to save the euro through supposed austerity measures. Socialist leader Francois Hollande […]
European voter revolt bodes ill for India Read More »
The late K Subrahmanyam, celebrated defence analyst, said the Indian government seemed incapable of strategic thinking. Perhaps intellectuals outside the government are no better. This has to be the verdict on an ambitious attempt by some of India\’s finest thinkers,
Indians haven\’t learnt to think strategically in terms of foreign policy Read More »
The late K Subrahmanyam, celebrated defence analyst, said the Indian government seemed incapable of strategic thinking. Perhaps intellectuals outside the government are no better. This has to be the verdict on an ambitious attempt by some of India\’s finest thinkers,
Indians haven\’t learnt to think strategically in terms of foreign policy Read More »
Socialists like health minister Ghulam Nabi Azad won\’t admit it, but they rather liked the Berlin Wall. They think it\’s morally right to keep citizens captive at home, unable to migrate for better prospects. Azad has proposed not a brick
Brain drain or not, the right to emigrate is fundamental Read More »
Policy paralysis has costs. Standard and Poor\’s has cut India\’s credit outlook to negative and warned of a one-in-three chance of a downgrade to junk status within the next 24 months. S&P cites the slowing economy, deteriorating balance of payments
June is the right time for tough reforms Read More »
In analysing the Supreme Court judgment upholding the Right to Education (RTE) Act, television channels have focused too much on the 25% reservation of seats in private schools – including famous elite schools – for low-income children. This minor social
Right to Education Act threatens education Read More »
India has just a 50% chance of becoming a breakout nation (exceeding expectations of 7% GDP growth) in coming years. So says Morgan Stanley honcho Ruchir Sharma in a fascinating new book, Breakout Nations. There is no better book for
Should India stop paying attention to the BRICS group, a sinking ship? Read More »
India has just a 50% chance of becoming a breakout nation (exceeding expectations of 7% GDP growth) in coming years. So says Morgan Stanley honcho Ruchir Sharma in a fascinating new book, Breakout Nations. There is no better book for
Making a breakout nation Read More »
Extractive political institutions (autocracy and empire) lead to extractive economies benefiting elites, and cannot create general prosperity save for limited periods. Inclusive political institutions (democracy, rule of law and rights for all) create inclusive economic regimes with opportunity for all,
Why India will beat China Read More »
Most political parties and media have passionately supported the Supreme Court ruling in the 2G spectrum case, that the government should auction natural resources and not allot them or allow unregulated extraction (as in iron ore mining). The Comptroller and
Supreme court says auction natural resources. Water too? Read More »
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