Comments on: Dutch Disease Disturbing the Universe http://www.deeshaa.org/2003/12/26/dutch-disease-disturbing-the-universe/ Mon, 13 Feb 2012 05:41:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Atanu Dey on India’s Development » The Road to Hell http://www.deeshaa.org/2003/12/26/dutch-disease-disturbing-the-universe/comment-page-1/#comment-35295 Atanu Dey on India’s Development » The Road to Hell Sun, 12 Nov 2006 10:09:52 +0000 http://home.blogstreet.com/2003/12/26/60#comment-35295 [...] to Hell Jump to comments Permalink Some time ago in a piece titled Dutch Disease Disturbing the Universe I had written: The Law of Uninten [...] [...] to Hell

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Some time ago in a piece titled Dutch Disease Disturbing the Universe I had written: The Law of Uninten [...]

]]> By: Rajesh http://www.deeshaa.org/2003/12/26/dutch-disease-disturbing-the-universe/comment-page-1/#comment-10799 Rajesh Sun, 09 Apr 2006 15:53:17 +0000 http://home.blogstreet.com/2003/12/26/60#comment-10799 Atanu, You are perfectly accurate in predicting the possible "dooms" dey :-). However, please see the link where some hopes may be there if the industry Pros take serious note of it. I may help you feel good by proving you wrong!! http://itvidya.com/smes_better_late_than_never_it_pros_better_now_than_later The situation especially with the Stock Markets is reminding me of "Soros Effect" on Tiger Economies of South East Asia. We can only pray that we will not see that repeating in the soaring and roaring Indian economy if the forces play mischief by pulling the plug sooner or later. Rajesh Atanu,
You are perfectly accurate in predicting the possible “dooms” dey :-) . However, please see the link where some hopes may be there if the industry Pros take serious note of it. I may help you feel good by proving you wrong!!

http://itvidya.com/smes_better_late_than_never_it_pros_better_now_than_later

The situation especially with the Stock Markets is reminding me of “Soros Effect” on Tiger Economies of South East Asia. We can only pray that we will not see that repeating in the soaring and roaring Indian economy if the forces play mischief by pulling the plug sooner or later.

Rajesh

]]> By: Venkat Ramanan http://www.deeshaa.org/2003/12/26/dutch-disease-disturbing-the-universe/comment-page-1/#comment-61 Venkat Ramanan Unknown, 30 Nov -0001 00:00:00 +0000 http://home.blogstreet.com/2003/12/26/60#comment-61 HI, A precise observation of what is happening in India now and the comparison of the situation to the Dutch Disease is Perfect! Indians may not only suffer from Dutch Disease, but also from disorders like Bio-Chronological Disorder, eye and back peoblems which have been projected as the gifts that we receive from an IT and ITes job. and, the fact that our law makers and the media celebrate this Services Success has masqueraded the true India which still remains totally devoid of even basic needs of human beings like food, shelter and clothings.. and the services sector is also adding up to the congestion in the metros, which, in a few years time, will choke and explode.. what the heck can we do for enabling a pan-Indian development? which sectors should be of primary focus? is anyone willing to reply? HI,
A precise observation of what is happening in India now and the comparison of the situation to the Dutch Disease is Perfect! Indians may not only suffer from Dutch Disease, but also from disorders like Bio-Chronological Disorder, eye and back peoblems which have been projected as the gifts that we receive from an IT and ITes job. and, the fact that our law makers and the media celebrate this Services Success has masqueraded the true India which still remains totally devoid of even basic needs of human beings like food, shelter and clothings.. and the services sector is also adding up to the congestion in the metros, which, in a few years time, will choke and explode.. what the heck can we do for enabling a pan-Indian development? which sectors should be of primary focus? is anyone willing to reply?

]]> By: Prem! http://www.deeshaa.org/2003/12/26/dutch-disease-disturbing-the-universe/comment-page-1/#comment-62 Prem! Unknown, 30 Nov -0001 00:00:00 +0000 http://home.blogstreet.com/2003/12/26/60#comment-62 There is a tremendous opportunity for growth in the IT, BPO, teleservices and other services sectors - India is currently only getting a small fraction of business, and there really aren't many other places on the planet with the same advantages (English education, functional computer-literacy, relatively low wages, market-economy, native companies with global reach, stable government, etc.). The urban workforce in India has global competitive advantages, and there is nothing wrong with using that human resource. So I do not think this is something to worry about in itself. What is needed, is to find ways in which this global exposure and opportunity is leveraged to benefit the rest of the population which is not directly involved in these sectors. I can hear the gentleman in the back-row with the phrase "trickle-down quackery" trembling on his lips, but that is not what I am talking about! What I am advocating is the active pursuit of other opportunities for exporting value-added goods and services that we enjoy competitive advantage in. I do see one problem with the current focus on IT and BPO services - the lure of a lucrative tele-services job is sucking away talented graduates from other disciplines - somewhat analogous to the couple of generations of urban Indian kids who were pushed into Engineering or Medicine, regardless of their aptitude for either. Nonetheless, I see the export of value-added services is a great opportunity that should be leveraged with a concerted plan to expand the footprint into other sectors. Regards Prem! There is a tremendous opportunity for growth in the IT, BPO, teleservices and other services sectors – India is currently only getting a small fraction of business, and there really aren’t many other places on the planet with the same advantages (English education, functional computer-literacy, relatively low wages, market-economy, native companies with global reach, stable government, etc.). The urban workforce in India has global competitive advantages, and there is nothing wrong with using that human resource. So I do not think this is something to worry about in itself.

What is needed, is to find ways in which this global exposure and opportunity is leveraged to benefit the rest of the population which is not directly involved in these sectors. I can hear the gentleman in the back-row with the phrase “trickle-down quackery” trembling on his lips, but that is not what I am talking about! What I am advocating is the active pursuit of other opportunities for exporting value-added goods and services that we enjoy competitive advantage in.

I do see one problem with the current focus on IT and BPO services – the lure of a lucrative tele-services job is sucking away talented graduates from other disciplines – somewhat analogous to the couple of generations of urban Indian kids who were pushed into Engineering or Medicine, regardless of their aptitude for either.

Nonetheless, I see the export of value-added services is a great opportunity that should be leveraged with a concerted plan to expand the footprint into other sectors.

Regards
Prem!

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