Economic policies matter. All else being equal, lousy economic policies create lousy economies.
Individually people all over the world have approximately the same natural endowments. What makes a difference is the nurture provided by the environment. And that environment is exogenous to an individual but endogenous to the entire collection of individuals which is called […]
Entries from October 2003
Economic Policies Matter
October 31st, 2003 · 1 Comment
Tags: Development
Use it instead of merely exporting IT.
October 31st, 2003 · No Comments
ICT and Development
ICT presents an opportunity for developing countries to make more efficient use of the available resources. However, ICT is neither necessary nor sufficient for economic development. The advanced industrialized countries were underdeveloped (by today’s standards) once upon […]
Tags: Economics · Information and Communications Technology
The Fundamental Problem of Development (Part 1)
October 29th, 2003 · Comments Off
Economics concerns itself with one fundamental problem, that of allocating scarce resources efficiently and optimally.
Tags: Development
The Lop-sided Sex Ratio (revisited)
October 28th, 2003 · 8 Comments
Vivek’s reaction to my position on the lop-sided sex ratio is curious. He writes:
I find it impossible not to breast beat, bitch and moan about the murder of innocent girls because their ‘net present value’ is lower than that
of boys. I am wierd that way.
Yes, I think the foetuses has rights. Not neccessarily all rights. […]
Tags: Population · Sex Selection
India’s Wonderful Reforms
October 27th, 2003 · 11 Comments
In an Indian Express article by Vijay Kelkar (Advisor to the Finance Minister) and Ajay Shah (Consultant, Department of economic affairs) ponder the question Why is this a very happy Diwali? (Oct 2003) Their answer is REFORMS. It is an interesting article and it belongs to the same class as the […]
Tags: Alternative Viewpoint · Privatization
Institution
October 27th, 2003 · No Comments
Every institution exists only in the mind. Each is a manifestation of a very old, very basic idea — the idea of community. They can be no more or less than the sum of the beliefs of the people drawn to them; of their character, judgments, acts, and efforts.
Dee Hock, founder of VISA.
Tags: Quotes
Education for a Nation
October 23rd, 2003 · 5 Comments
An old Chinese saying (I assume all Chinese sayings are old except the ones that come from the little Red Book) goes:
If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people. […]
Tags: Education · Why is India Poor?
The Skewed Sex Ratio
October 22nd, 2003 · 9 Comments
A report in the Indian Express of Oct 19th Where has the girl child gone? starts off with
[…]
Tags: Population
The Power of Ideas
October 21st, 2003 · 1 Comment
As an economist trained in the neo-classical tradition, I am constantly on the lookout for market failures. Externalities are a reliable source of market failures and when I come across a positive externality, I get a warm and fuzzy feeling. Consider a story that exhibits the benefits of positive externalities.
Tags: Development · Economics
Corruption in India
October 21st, 2003 · 12 Comments
From The Economist (9th Oct 2003) an article on the perceived corruption of countries.
Finland remains the least-corrupt country in the world, according to the latest annual index compiled by Transparency International, a Berlin-based organisation. The index, which measures perceived levels of corruption, focuses on the misuse of public […]
Tags: Corruption
Misconception #8: Curing a disease by intensifying its cause
October 20th, 2003 · No Comments
While reading a paper ‘Sustainable Development’ by David Korten in which he surveys a bunch of publications around 1991-92, I came across his critique of the Brundtland Commission report. What he wrote there reminded me of Schumacher’s comment in ‘Small is Beautiful’ [1973].
“The neglect, indeed […]
Tags: Development
Misconception #3: The Digital Divide
October 20th, 2003 · 1 Comment
Here is an example of muddled thinking from an article titled India Bridges the Digital Divide. The article is about computer kiosks. At one point it says:
Over the past decade, the Internet has been touted as a powerful engine that could raise living standards in poor and remote communities of the Third […]
Tags: Digital Divide · Information and Communications Technology
Culture and Development
October 17th, 2003 · 1 Comment
In an email to Yuvaraj, Mr. M V Subbiah of the Murugappa Group wrote:
Thank you very much for sending me the RISC model.
I have read it with interest and entirely agree that India has very little chance of being a major player in world without integrating the rural economy. Having said that and having been […]
Tags: RISC - Rural Infrastructure and Services Commons
The Information Divide
October 15th, 2003 · Comments Off
We have been discussing the so-called digital divide in the recent past and generally reaching some tentative conclusions that the focus on it is misplaced and that resources are largely misdirected in that regard. What is important is for us to remember that ICTs merely give us a tool. And like all tools, if our […]
Tags: Digital Divide
The Logic Behind RISC
October 15th, 2003 · 1 Comment
Understanding what motivates a specific solution to a problem is important if we are to have some reason for pushing the solution. Here is mine with respect to RISC – Rural Infrastructure and Services Commons .
Tags: RISC - Rural Infrastructure and Services Commons
The Digital Divide : Causes and Symptoms
October 13th, 2003 · No Comments
Bridging the Digital Divide appears to be the stock in trade heading these days of too many reports and conferences and meetings. Every blessed project name seems to have a e- prefixed to it. From e-governance to e-learning to e-this, e-that, e-the-other. It is all very e-boring. One wonders as to the e-cause and […]
Tags: Digital Divide · Information and Communications Technology
The Need to do Arithmetic
October 11th, 2003 · Comments Off
John McCarthy of Stanford University has the following in his .signature file:
Those who refuse to do arithmetic are doomed to speak nonsense.
Over the years I have seen too many instances of errant nonsense that a little bit of arithmetic would have prevented. I think that the power of arithmetic is not fully appreciated. Even people […]
Tags: Rural Development
Myths, Misconceptions, Misunderstandings, and Misapprehensions
October 11th, 2003 · Comments Off
To confront the cliches and shibboleths of one’s age is neither easy nor rewarding. The emperor’s new clothes exist only in the imagination of those committed to maintaining an obvious falsehood for fear of falling out of favor. I believe it is time that we examine some of the ICT related myths that drape the […]
Tags: Alternative Viewpoint
The Question: ICT for Development?
October 11th, 2003 · 1 Comment
Yesterday I noted one question posed at the Policy Makers’ Workshop:
Can ICTs be useful for rural and remote areas of developing countries, especially the poverty-stricken regions?
We need to examine that question for a moment. At one level of analysis, it is hard to not answer that question in the affirmative. At another level, it is […]
Tags: Development
Chennai “Policy Makers’ Workshop”
October 10th, 2003 · Comments Off
The digital divide seems to be all the rage these days. Take for instance the recent two days I spent in Chennai. The M S Swaminathan Research Foundation (MSSRF) had organized a Policy Makers’ Workshop at their campus in Chennai on October 8th and 9th. The workshop was supported by two “Canadian crown corporations”, the […]
Tags: Digital Divide
