48 results found

World economy: Looking up

The world is on course for good growth, low inflation, lower taxation and increased income support for the needy. And yes – declining global inequality.

Dead parrots tell no tales

A forthcoming book explains that inflation, which haunted the world in the Seventies and the Eighties, is now only a windmill to be tilted at

MPC — you are not in D-School any more

One logical way for the MPC to change course and lower rates is by being Keynesian at the June 7 meeting — the facts have changed, so we have changed our mind

RBI, enough of elevator economics

The inflation forecast is the most important aspect of the most crucial economic decision that the RBI makes — it needs to be more in tune with reality.The Indian economy has likely gone through a mega structural-break experience via demonetisation....

Cow vigilantism — or minority hunting?

PM Modi has nothing to gain and everything to lose by pursuing a divisive social agenda. He has to worry both about the enemy within, and the one outside, his development tent.

Not business as usual

Budget 2017-18 is probably the most brilliant economic and political document since the path-breaking budget of 1991

Imagine there’s no country

A new era of globalization, which began in the 1980s, brought about a significant decline in costs of transportation, communication, and production; considerably improved inter-country competitiveness; and broke down trade and cultural barriers among countries. The concept of a sovereign...

The New Wealth of Nations reviewed in Dawn

"Bhalla's book is short and the arguments are expressed in simple, bold strokes. Sometimes his writing comes across a bit too breezy, but it is never superficial. He has a good sense of humour as well as knowledge of films...

Book Launch at the World Bank : The New Wealth of Nations

In this thought-provoking book, Surjit Bhalla contends that education is the new wealth of nations. Through a series of compelling arguments, anecdotes, studies, calculations, tables, and charts, this book offers insights into the definitions of the poor, the middle class,...

The New Wealth of Nations by LSE India Observatory

At this event, Surjit Bhalla will be discussing from his recent book The New Wealth of Nations. He argues that today, over 70 per cent of the world’s middle class reside in the erstwhile poor countries; world income inequality is...