In 1991, many Indians were terrified that globalisation would cost us millions of jobs. Today, American politicians are terrified that millions of their jobs will be outsourced to India . What a compliment to our global success! And what a […]
The gains from job losses Read More »
Few Indian observers have commented on the Australia-US Free Trade Agreement. Free Trade Agreements (FTAs) are becoming a dime a dozen, and most yield only marginal changes. So why should we pay particular attention to the newly-signed AUSFTA? Because it
Trade diversion down under Read More »
Many people, including those at the World Social Summit in Mumbai, believe that there is a clear link between poverty and violence. So, they argue, we cannot solve terrorism without solving its root cause, poverty. This logic flows easily from
The truth about poverty and violence Read More »
Can Chandrababu Naidu win a third successive term for the Telugu Desam Party in Andhra Pradesh? The TDP is a key constituent of the BJP-led alliance in Delhi , so the TDP’s fate could determine the BJP’s too. Voters typically
Empower women, win elections Read More »
The Democratic Party primaries in the US have once again shown that too many Indian foreign policy analysts are victims of wishful thinking. Many of them hoped Afghanistan would prove another Vietnam. This was soon exposed as wishful thinking. The
Why Iraq matters so little Read More »
Predicting elections is a mug’s game. Even the best-designed opinion polls and exit polls can go badly wrong. Opinion polls that turn out to be correct often owe a lot to serendipity: errors for and against a party neatly cancel
The feel-bad factor Read More »
GNP, exports and the stock market are booming. What could disturb this idyllic feel good factor, which the BJP is betting on to win the elections? Bird flu could. The deadly H5N1 flu virus is sweeping across Asia , ravaging
Feel good or feel sick? Read More »
One of my favourite posters says “Some people see the world as it is, and ask why. But I think of things that never were, and ask, why not? “ Management gurus may wax eloquent over sticking to the knitting
The great Indian dreamer Read More »
A successful finance minister typically has three characteristics: good luck, political savvy, and wisdom. Yashwant Sinha was neither lucky nor politically savvy, though he showed flashes of wisdom. Jaswant Singh has demonstrated both luck and political savvy. He still needs
Jaswant versus Yashwant Read More »
Projecting a profit and sales growth of 15% annually does not look wildly optimistic even after allowing for sundry stupidities, errors and accidents, says Swaminathan S Anklesaria Aiyar . Now that the Sensex has risen at dizzying speed to cross
It\’s a bull run, not a bubble Read More »
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