bhutan1 Courtesy: MEA
18 June 2014

Gross regional happiness

Economic security needs to be defined holistically through an open and democratic discourse. A plurality of perspectives on what constitutes development is essential to democracy across the world. Grass roots protests are driven by a longing for a truly inclusive and fair model of growth.

Kudankulam-protest-pti2 Courtesy: Wikimedia\Commons
17 June 2014

Economic security and globalised protest

The allegations that certain foreign-funded NGOs are hurting national economic security are not new. However, the Intelligence Bureau’s claim that they have held back India’s GNP growth has been challenged. There is now a need for economic security to be defined holistically through open and democratic discourse

ED Courtesy:
13 June 2014

Marketplace sarvodayanomics

Sarvodaya is market economics, with a soul. There are different means towards achieving this end, but the evangelists need to come up common mantra and thwart vested interests from benefiting a few

Dilma_e_Lula_210x140 Courtesy: Government of Brazil/Wikimedia Commons
15 May 2014

Brazil: time to be a global power?

Brazil’s advantages – including resources of oil and gas, no historical baggage, an absence of terrorism and military conflicts – and regional leadership, make it a potential global power. But it also has to tackle many challenges in the medium-term, such as poverty, poor infrastructure, healthcare and education

Unbalanced scales Courtesy: winnifredxoxo/Flickr
14 May 2014

The wealth & skills gap widens

Thomas Piketty, in his latest book, argues that the wealth concentration in developed economies is an outcome of the economic policies that have been followed over the centuries. His study offers insights for Indian economists who are faced with addressing the growing wealth gap between the country’s rich and the poor

raghuram rajan_right Courtesy: Dhiraj Singh/getty
6 May 2014

Decoding RBI’s policy on foreign debt

The RBI’s two-pronged strategy to protect the economy from tapering-led volatility discourages unproductive external borrowings and prods foreign portfolio debt investors to think long-term. There's another vexed issue: the IMF has sounded a cautionary note on the rising number of foreign currency debt laden Indian firms

EOH2 Courtesy: Alex Jensen
20 March 2014

Rethinking material progress

At a recent conference on the ‘Economics of Happiness’ in Bangalore, opponents of globalisation outlined a vision of an economic system rooted in community, localisation and fairness. However, convincing everyone to think beyond GDP growth and look at harmonious “intelligent growth” will be a challenge