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, […]
Japan Inc is charging into Myanmar. The rush began one night last October, when Myanmar’s new president rolled out a map after dinner to show an aging Japanese power broker a prize that could be Tokyo‘s to develop – a swathe of land nearly as big as Macau. Thein Sein, 67, a former general, had been […]
HER voice is high and birdlike. Tiny, she is fond of finger wagging. Her party, the Trinamool Congress, has just 19 of the national parliament’s 543 elected members. She offers little beyond vague talk of the “common man”, and after a year running West Bengal she looks ill-at-ease in office. Yet Mamata Banerjee feels she […]
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 […]
Yet, it was what an unblinking Manmohan Singh said sotto voce, and what he left tantalisingly unsaid, that may be more politically significant. In the spaces between his prepared speech, what he was effectively saying was that what the country needs is more of the reforms that former Prime Minister PV Narasimha Rao unleashed in 1991 (with Manmohan Singh as […]
A strong argument in favour of FDI in mammoth retail is that it will generate employment. Surely, it will. But we can’t let the question lie there. We must ask, for whom? Will it source employees from the unskilled, illiterate vegetable vendors who, akin to a capillary network, are spread across the length and breadth […]
“GOING OUT” is the name China calls its strategy to increase outward foreign direct investment (ODI—ie, not the FDI coming in), first proposed in 1999 and implemented in earnest five years later. From 2004 to 2011, China’s ODI grew from $5.5 billion to over $65 billion a year, and it is expected to reach $150 billion by […]
looking beyond borders 