The Times of India

Indian leftists who have long wanted to cripple GATT and the World Bank now have improbable allies in right-wing Republicans who have swept into power in both houses of the US Congress. The Indian left sees these two organisations as […]

The Fund and Bank should be seen as advisors and not policy makers, says Swaminathan S Anklesaria Aiyar Indians leftist hold that the standard IMF-World Bank reform package never works. They look at the wide range of countries under IMF

Foreigners have stopped asking Whether the economic reforms since 1991 are reversible, and instead tend to make gung-ho statements about India becoming the next Asian tiger. Some already regard Mr Narasimha Rao as Deng Xiaoping Jr. They should look at

Poverty is declining, rural prosperity is booming and even low-income households are increasingly buying consumer durables. This good news comes from by the biggest consumer survey of recent times, conducted in 1992-93 by the National Council of Applied Economic Research

Gandhi Jayanti this year will mark the 125th birth anniversary of Mahtama Gandhi, the father of the nation. What would he have thought of the liberalisation of the economy?? I am certain he would have welcomed it, since he was

The Cairo population conference is a good occasion to announce some good news. India is currently enjoying a major breakthrough in curbing population. Most Indians will find this incredible. Despite many decades of family planning, the country\’s population has been

The Cairo population conference is a good occasion to announce some good news. India is currently enjoying a major breakthrough in curbing population. Most Indians will find this incredible. Despite many decades of family planning, the country\’s population has been

Does democracy help or hinder economic growth? The miraculous growth of Taiwan, Hong Kong, Singapore, Korea and now China have led many to believe that a benevolent dictatorship is best for economic prosperity. However, recent research by top economists like

For both its critics and advocates, foreign investment has usually meant industrial investment. This is a narrow, increasingly obsolete approach in a world which is inexorably shifting from manufacturing to services, in both rich and poor countries. In India, the

It is now the 50th anniversary of the Bretton Woods meeting which created the World Bank and the International Monetary Fund. Even as the organisations themselves are celebrating the event, there has been an astonishing joining of hands by the