Too small to fail

Large is not necessarily beautiful. This is obviously one inference from the recent global financial meltdown.

Straight from the heart

Budget 2008 is both populist and popular. Chidambaram has certainly heeded Edmund Burke?s words, that ?mere parsimony is not economy.

Small wheels, big lessons

The Nano also provides policymakers an opportunity to correct some manifest distortions. First and foremost, India needs an integrated energy…

Tale of two commissions

In a few days, the National Development Council will meet to approve the Eleventh Five Year Plan. This Plan period…

Development and sustainability

In a previous article, I had highlighted the macro trends in energy use, the overarching consequences, and the macro-level responses…

Challenges of the new year

The recent Deepavali festival has gone off with a bang. Reforms may have been jolted if not gilted, but the…

Policies on climate change

While a case for differentiated obligation is a compelling one, a total exemption would become difficult to sustain if we…

Watch those Cric economies

Cric economies represent Crisis, Reforms, Improvement and Complacency. India may have entered the complacency phase

Why poverty still matters

The goal of poverty eradication is getting increasingly subdued in the euphoria of economic buoyancy. India has been growing fast…

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