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Category Archives: Politics
The Bell Tolls for India’s Congress Party
Politics in Asia’s two giants, India and China, has suddenly turned very uncertain. China remains in authoritarian mode, of course. But egregious human-rights violations and suppression of dissent are raising the specter of growing internal disruptions, particularly in the wake … Continue reading
Posted in Politics
4 Comments
Selling the wrong idea
Adam Smith, writing in The Wealth of Nations, was probably the first to call England a nation of shopkeepers. But few remember that Smith used the phrase to argue that England was a “nation whose government is influenced by shopkeepers”. … Continue reading
Posted in Economics, Politics
3 Comments
Temper Tantrum in American Politics
While American politics has not descended to fist fights or pandemonium inside Capitol Hill, though the occupation and disruption of the Wisconsin Capitol by demonstrators in February this year for two weeks by pro-union demonstrators protesting Republican Governor Scott Walker’s … Continue reading
Posted in Politics
7 Comments
Dead Parrot Trade Talks
The Doha Round of Multilateral Trade Negotiations (MTN) is the first negotiation to take place under the auspices of the World Trade Organization (WTO), founded in 1995. The eight previous rounds of global trade talks were conducted under the General … Continue reading
Posted in Politics, Trade
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India or China?
When US President Barack Obama visited India in November and complimented its leaders on the growing success and prowess of their economy, a tacit question returned to center stage: Will China grow faster than India indefinitely, or will India shortly … Continue reading
Posted in Politics
2 Comments
India’s reform and growth have lifted all boats
The following article is based on a lecture Professor Bhagwati will be presenting to the Indian Parliament (Lok Sabha) on December 2nd, 2010. India’s economy again exceeded expectations, growing by 8.9 per cent in the second quarter. Those outside India … Continue reading
The Doctor is in, MR OBAMA
The U.S. President can stand up to his party by borrowing from Manmohan Singh’s 1991 economic reforms. President Barack Obama arrives in Mumbai on November 5 on the first leg of his state visit to India, reciprocating Prime Minister Manmohan … Continue reading
Posted in Politics
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America Embraces Trade Discrimination
NEW YORK – Economists generally agree on the advantages of openness in trade. But the case for non-discrimination in trade is also a compelling one. So good trade policy should push for multilateral trade liberalization such as at the Doha … Continue reading
Expanding India’s Expertise
Recently, Sanjaya Baru, the Prime Minister’s former Press Secretary, sounded the alarm over how many of the Indian think-tanks were now dependent on foreign public and private institutions — the World Bank, DFID (UK), Oxfam and many others — for … Continue reading
Posted in Economics, Politics, Trade
2 Comments
