Foreign direct investment (FDI) in the retail sector has been at the epicentre of national debate. Much has been said on India possibly losing out on investment by sending a wrong policy signal. But do we really need to get so worked up? Considering the anticipated level of inflows on account of FDI in retail, there […]
Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities, says Siddharth Vardarajan As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign […]
Europe has been reinventing itself since 1945, and last Monday yet another blueprint for the Continent was put forth. This one is a 12-page document from the foreign ministers of 11 nations after nine months of negotiations. Read Here – Christian Science Monitor
Yoshihiko Noda will doubtless win his party’s leadership race this week. There’s little certainty, though, that Japan’s prime minister is up to putting his country, the world’s No. 3 economy, on stronger footing. For starters, Noda’s victory may be Pyrrhic. He is under pressure to dissolve parliament and hold national elections, perhaps as soon as November. […]
The U.S. economy is stuck in the doldrums, but the intelligence business in America is booming. The 17 organizations that today comprise the U.S. intelligence community are all, to one degree or another, building new multimillion-dollar headquarters buildings and operational facilities all over the greater Washington metropolitan area despite recent budget cuts. Read Here – […]
When most people think of Indonesia today, they think of beaches and temples or of its famously teeming cities, but this country of 240 million and counting is a much more modern, diversified, and dynamic economy than many international investors and companies assume. To make the most of Indonesia’s vast potential, they’re going to need […]
FOR A Communist leadership that prides itself on bringing political and economic stability to its 90m subjects, the past few weeks in Vietnam must have seemed like a nightmare. There have been more bank runs, executives on the lam, arrests and credit panics than the country has seen in years. So febrile is the atmosphere […]
This summer, many government officials and private investors finally seemed to realize that the crisis in the euro zone was not some passing aberration, but rather a result of deep-seated political, economic, and financial problems that will take many years to resolve. The on-again, off-again euro turmoil has already proved immensely damaging to nearly all Europeans, […]
When the Muslim Brotherhood took power in Egypt, there was fear that draconian social measures would be pursued, thereby killing the country’s important tourism industry. Instead, the party has attempted to portray a moderate face, and more aggressively, tout itself as an administration willing to cut lucrative deals. While the politics of the Brotherhood remain […]
It is the mark of science and perhaps rational thought to operate with a falsifiable understanding of how the world works. So it is fair to ask economists a fundamental question: what could happen that would cause you to revise your views of how the economy operates and acknowledge that the model you had been […]
looking beyond borders 