The Indian Economy Blog

Archive for June, 2007

India and West Africa

Saturday, June 9th, 2007

This has been something significant on the economic and trade diplomacy front that has largely gone unnoticed. But for a few mandarins in the Indian commerce and foreign ministries and some officials in the CII headquarters, the story has remained under wraps. It started around three years back and it is about India and West [...]

Three New Guest Bloggers

Wednesday, June 6th, 2007

A number of people were kind enough to express interest in writing for IEB, post our bleg. We are adding three new guest bloggers: Shefaly Yogendra, Dweep Chanana and Pragmatic Earth (who will remain incognito, given the nature of his job). All three have diverse interests, which should make for some fun blog posts.

The Indian Education System — Parts 9 & 10

Tuesday, June 5th, 2007

Part 9: Freedom By liberalizing the education sector I mean that it has to be made totally free of government control and involvement. Whoever wants to provide educational services must be free to do so, be it domestic or international, for profit or not for profit, at the primary, secondary, or tertiary level. What would [...]

The Indian Education System — Parts 7 & 8

Saturday, June 2nd, 2007

Markets Work Imagine for a bit what it would be like if education were provided by private sector firms. Can it be done? Would a socially optimal amount, variety, and quality of education be provided? Would there be market failures? If so, how can those market failures be corrected? Can one devise mechanisms to correct [...]

The Indian Education System — Part 6

Friday, June 1st, 2007

Incentive Matters Alistair Cooke in his weekly radio broadcast on BBC Radio 4, A Letter from America, once explained the theory of public choice to his listeners as “the homely but important truth that the politicians are after all just the same as the rest of us.” It is an accessible, though incomplete, definition of [...]

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