As the football commentators might put it, it was a week of two speeches. I’m not generally one of those people who believe that a political speech is an actual event in the world: it’s only somebody talking, after all. A political leader can say pretty much anything, and however moving or courageous it sounds, […]
Whatever may be said about India, it is obvious that no structural transformation of our largely poverty-stricken economy has occurred and what is more, none seems very likely in the immediate future. Not only have three decades of high GDP growth gone unaccompanied by a societal transformation, we seem to have regressed on certain fronts. Read […]
As popular demonstrations swept across the Arab world in 2011, many U.S. policymakers and analysts were hopeful that the movements would usher in a new era for the region. That May, President Barack Obama described the uprisings as “a historic opportunity” for the United States “to pursue the world as it should be.” Secretary of […]
he U.S. military will formally end its ban on women serving in front-line combat roles, officials said on Wednesday, in a move that could open thousands of fighting jobs to female service members. The move knocks down another societal barrier, after the Pentagon scrapped its “Don’t Ask, Don’t Tell” ban in 2011 on gays and […]
Weaken the yen: That has been a desperate plea by the captains of Japanese industry for years as the strong currency has hurt such exporters as Sony and Toyota. Reversing the yen’s rise was a major goal of Liberal Democratic Party leader Shinzo Abe during his successful campaign against incumbent Prime Minister Yoshihiko Noda last month. Sure […]
oday’s Russia is a strange paradox. The country and its people are better off than at any time since at least the Bolshevik Revolution. But its great financial wealth coexists with remarkable weakness. True, it still has a large army and a nuclear arsenal capable of ending life on Earth. But by most measures of modern power, Russia is a lightweight. It has almost no influence in the world […]
China’s growth rebound may be capped by a labor-force squeeze and shrinking resources that leave the government satisfied with rates of expansion as low as half the peak during the past decade. A pace of 7 percent to 8 percent reflects economic forces, Ma Jiantang, head of the National Bureau of Statistics, said on Jan. 18 after reporting […]
Rahul Gandhi‘s coronation speech as Congress’ vice-president gave clear hints that while he may have been officially or emotionally designated as Number Two, he would be the de-facto Number One. His mother, Congress President, Sonia Gandhi will be the patron, who would love to see him exercise all powers that lakhs of Congress workers had bestowed upon […]
China’s more assertive foreign policy over the last two years has played a key role in getting two arch-conservatives — Japan’s Shinzo Abe and South Korea’s Park Geun-hye — elected to lead their respective countries. Some Chinese observers believe that Abe and Park will be forced by China‘s inexorable rise to come to terms with their giant neighbor. Don’t count on it. To […]
South Korea’s tycoons were relieved when the pro-business Park Geun Hye was elected last month as the nation’s 11th president. The main criticism against her predecessor and party mate, Lee Myung Bak, was that he was as beholden to corporations as leaders get. Park’s win was seen as a victory for the economic system that raised Korea […]
looking beyond borders 