The Economic Times

The Common Minimum Programme (CMP) of the ruling coalition is being trumpeted as ‘reform with a human face’ but looks suspiciously like ‘populism with a bankrupt face’. If seriously implemented, the CMP could swell the fiscal deficit from 10% of […]

The Common Minimum Programme (CMP) of the ruling coalition is being trumpeted as ‘reform with a human face’ but looks suspiciously like ‘populism with a bankrupt face’. If seriously implemented, the CMP could swell the fiscal deficit from 10% of

The Congress engineered the right alliances in the right places and so won many more seats with fewer votes. The opposite was true of the BJP, argues Many reasons have been given in the media for the poll outcome —

The Congress engineered the right alliances in the right places and so won many more seats with fewer votes. The opposite was true of the BJP, argues Many reasons have been given in the media for the poll outcome —

Original sin, once just a Christian doctrine, has now become an economic concept too thanks to economists like Barry Eichengreen, Ricardo Hausmann, Panizzi and Roberto Rigobon. It refers to the inability of developing countries like India to raise foreign loans

An important contribution to the ongoing debate on the fiscal deficit has been made by Brian Pinto and Farah Zahir in a recent article in Economic and Political Weekly. They do not cry wolf about high fiscal deficits causing another

Finland 1 Singapore 5 UK 11 USA 18 Uruguay 33 China 66 Malawi 83 India 83 Russia 86 Argentina 92 Pakistan 92 Indonesia 122 Haiti 131 Nigeria 132 Bangladesh 133 Source: Transparency International We all know that corruption is bad

Harvard don Dani Rodrik and IMF economist Arvind Subramanian are writing a revisionist paper on the Indian growth experience over the last two decades. The standard story is that India blundered along the socialist, inward-looking path till 1991. Then came

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

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