looking beyond borders

foreign policy and global economy

Archive for the tag “subsidies”

That Loud, Hissing Sound…

Expectations that India’s prime minister would revolutionize a troubled economy overnight were wildly overblown. But three months on, even some Modi skeptics may be wondering if they have been too easy on the great modernizer from Gujarat. Since taking office, Modi has scuttled a global trade deal, sidestepped much-needed subsidy cuts, and refrained from letting foreigners hold majority stakes in key domestic sectors. He remains vague about the broader structural reforms partisans hoped he would inaugurate.

Read Here – Bloomberg

 

Indian Prime Minister Says No More…

See how it panned out:

Whodunnit – Indian Express

A Conference of Banquo’s 3 Ghosts – Asian Age

Sting In The Tail – FirstPost

Kindness Of History – The Telegraph, Kolkata

 

The European-American Dream

Today, three European countries are among the world’s seven largest economies. Ten years from now, only two will remain. By 2030, only Germany will still be on the list, and by 2050, none will remain. Indeed, by then, the United States will be the only representative of the West in the top seven.

Read Here – Project Syndicate

 

A Mirage Of Rights

AS EVERY monarch in the Gulf knows, even geysers of oil cannot keep all your subjects happy all of the time. Still, King Abdullah of Saudi Arabia may have been surprised that his recent appointment of 30 women to the kingdom’s 150-person shura council should provoke a public protest. The all-appointed body, a sort of proto-parliament, has limited influence; the move, announced on January 11th, was the long-expected response to demands for reform by a king who has gingerly promoted women’s rights since assuming the throne in 2005. Even so, dozens of conservative clerics picketed the royal court in the Saudi capital, Riyadh, on January 15th, to condemn what one cowled sheikh decried as “dangerous changes” in the arch-conservative kingdom.

Read Here – The Economist

Why Hungry Indians Need Skinnier Politicians

India is caught in an ugly societal whodunit: Although the per capita gross domestic product for the country’s 1.2 billion people has almost doubled over the past decade, to $838, malnutrition and hunger are still rampant, especially among children.

A months-long series of investigative reports by Bloomberg News highlights that India’s failure to adequately feed its people is a crisis born not from want of money but, more damningly, from lack of political will to confront pervasive corruption and incompetence.

Read Here – Bloomberg

Why India Can’t Feed It’s People – Bloomberg

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