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Archive for the 'Media & Economics' Category

Weekend Reading: 8 Feb, 2009

Wednesday, February 11th, 2009

Vivek Wadhwa’s latest column in Business Week,which says we shouldn’t blame H1-B workers for job losses, invites a (predictable) barrage of comments. Here’s an earlier IEB post on Wadhwa’s research — Don’t Try Kicking Sand In America’s Face. On another note, Sunita Narain’s at it again — after colas, now it’s edible oils. (HT: Amit [...]

Guest Post: Is America Ready For Truth And Reconciliation?

Friday, September 26th, 2008

By V Anantha Nageswaran On September 19th, the U.S. Treasury Secretary Paulson issued a statement in which he said that the Federal government “must implement a program to remove these illiquid assets that are weighing down our financial institutions and threatening our economy”. He called it the ‘Troubled Asset Relief Program’. Many have taken to [...]

Guest Post: Mukesh Ambani Under Fire

Tuesday, July 8th, 2008

Mohit Satyanand Though I have never invested in the shares of Reliance Industries, my recently gleaned understanding of the world petroleum scenario has made me respect the company’s vision in its refining projects. As I mentioned once earlier, RIL’s existing refinery, and the one nearing construction, reportedly have unparalleled flexibility to process heavy, high-sulphur (so-called [...]

Economic Illiteracy

Tuesday, July 8th, 2008

Mukul Asher, a professor at the LKY School of Public Policy in Singapore and Amarendu Nandy, a research scholar at the same university, have a thought-provoking guest post: A recent ASSOCHAM Business Barometer Survey of 258 faculty members of MBA programs in India found that most professors did not know basic facts about the national [...]

Guest Post: On The Price of Crude Oil

Tuesday, June 3rd, 2008

V Anantha Nageswaran What is interesting in Daniel Yergin’s FT piece is that he deftly sidesteps the question of predicting the future for oil price—near-term or in the long-term. In recent years, he has been proven wrong. His Cambridge Energy Research Associates (CERA) has been bearish on oil since 2004-05. More important rather than interesting [...]

Guest Post: Fighting Inflation The Wrong Way

Friday, May 9th, 2008

V Anantha Nageswaran A table of inflation rates in many countries around the world is beginning to reveal a disturbing picture. The lowest rate is found in Germany – at 3.0%. Many emerging countries that seem to be doing a truthful job are reporting inflation rates in excess of 10% and some in excess of [...]

Farmers And Loans

Friday, February 29th, 2008

So the UPA government is set to improve credit availability (and write off loans) for farmers. Laveesh Bhandari tells you why, if improving the livelihood of farmers is a policy goal, the Manmohan Singh and P Chidambaram are barking up the wrong tree. Here lies the crux of the matter. If use of new seeds, [...]

The Rise And Rise Of The Rupee, Or How To Screech A Galloping Elephant To A Halt Atop Of A Dollar Bill

Friday, December 21st, 2007

Well my advice on this one – the galloping elephant part (you know, we’ve had the Tigers, the Lynxes, and the Giant Panda, and now its the turn of the Thundering Elephant to lead the global economy onwards and upward) – is not to try it. The very least that could happen is you get [...]

The Economist On India

Wednesday, December 19th, 2007

Well, here I am, hard at it trying to write a review for this blog of the latest Economist Intelligence Unit country risk report on India (which, worry not, will follow in due course) and what I find myself doing is revving-up on all cylinders to come back and point out some of the facts [...]

Jammu & Kashmir: the readymade SEZ

Thursday, November 15th, 2007

One of the criticisms leveled against India’s SEZ policy is that the zones are too small to make a real difference. But there’s a very big zone that could be an SEZ, especially if the state’s politicians—who are all for ‘autonomy’—decided economic freedom is something that is well in their capacity to achieve. And set [...]

On Tehelka’s Dissing Of Vibrant Gujarat

Thursday, November 8th, 2007

In a series of seven short posts over at The Acorn I show how Tehelka juggled facts and figures in order to poke holes into the “Vibrant Gujarat” story. I’m posting the concluding piece of the series here, to summarise where we are at the end of our examination of Shivam Vij’s article. There is [...]

Urban Indians Love Free Markets & Free Trade

Friday, October 5th, 2007

Ajay Shah has a post on the results of the Pew Institute’s latest survey: They have three key questions that measure economic liberalism, covering attitudes towards international trade, attitudes towards foreign companies and attitudes towards free markets. The results contain many surprises. As an example, in urban India, they find 89% are supportive of international [...]

Indian Roulette

Monday, September 3rd, 2007

This is a game that is being played out in the media for a while now. Pick a number, preferably in percentages, below 93 and above 0. Then, say that number, is the percentage of people who live in dire (or choose your adjective) poverty. Read this post to see how this game has progressed [...]

IHT – India as Japan’s Client State

Tuesday, August 21st, 2007

Daniel Altman in his IHT blog opines Not so long ago, there were only two countries that collected client states around the world: the United States and the Soviet Union. These days, it seems like anyone with some economic clout can join in the fun. China has Sudan, Venezuela has Bolivia, and now Japan has [...]

The Irrepressible Mr Varma

Tuesday, August 21st, 2007

Amit Varma is nominated for the Bastiat prize in journalism The funny, brilliant and eclectically prolific Amit Varma is on the final short-list for the Bastiat prize. Regular readers of IEB won’t be surprised, I’m sure. And if you aren’t a regular reader, isn’t it time you became one? You can’t afford to miss all [...]

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