Never too old to learn: Lessons from a younger nation

The creation of the modern Indian state predates the birth of its eastern neighbour, Bangladesh by almost a quarter of a century. It is, therefore, no surprise that India is sometimes accused of treating its younger neighbour with an avuncular air. However, recent developmental triumphs in Bangladesh show that this densely populated and often dismissed […]

Of Hybrid Cars and Mixed Blessings

Hybrid cars have been ushered into the Indian market with great fanfare and positive publicity. Such technologies indeed might be lifesavers. The media, however, seems to have gone overboard with its demand for waiver of customs duties on such cars.
Such duty waivers would bring about price-parity between hybrid foreign cars and their conventional counterparts. Hybrid […]

Africa – Looking beyond death, disease and despair!

For years one of the standard excuses offered for the economic stagnation in Sub-Saharan Africa was that development projects got waylaid by malaria and AIDS epidemics. The good news is that much of sub-Saharan Africa (SSA) has experienced growth in the very recent past. Out of the 47 countries considered by the World Bank as […]

When is it rational to be ignorant?

In general less affluent India, particularly the rural areas, is steeped in ignorance; a majority will not know the name of the Indian Finance Minister and not feel uncomfortable at all when cornered about their ignorance. Is economic development the way out of this morass of ignorance? Apparently yes, but my empirical observations lead to […]