Entries from February 2004
Yesterday, it felt as if everyone and his mother was emailing me an op-ed in the New York Times by Thomas Friedman titled
What Goes Around …. I am sure that you have read it.
A nice chatty piece as usual from Tom. He argues against putting up protectionist walls with folk wisdom as his major tool. […]
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Tags: Friedman · Globalization
In the Feb 24th edition of BusinessWeek Online, Russell Roberts comments on the benefits of outsourcing for the American economy. The article simply points out that the benefits of free trade — and the transition of an economy from an agricultural to manufacturing to a post-industrial economy — follow a logicalprogression that leads to […]
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Tags: Outsourcing
February 26th, 2004 · 5 Comments
Gary Becker, a Chicago economist, has an opinion piece in the Business Week of Feb 16th titled What India can do to catch up with China.
Unsurprisingly, he makes the point that education is the primary requirement for India to lift itself out of grinding poverty.
To compete effectively in world markets, India needs to expand […]
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Tags: Education
February 4th, 2004 · 3 Comments
This weblog entry is in response to the comments on Rajesh Jain’s weblog entry called Agriculture and Development. The first is from Arun Anantharaman who writes:
I think people tend to assume today that the American capitalistic route is the right way to go. I am not so sure. I think we can continue to […]
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Tags: Development