Just three years ago, at the start of the Covid-19 pandemic, many including The Economist were writing about governments getting bigger. Governments did indeed get bigger, as it was their responsibility to control the pandemic and provide relief to vulnerable families across the world. While the kinds of relief and stimulus packages differed from country… Continue reading What Ails Private Sector Investment?
World’s Most Populous Country or World’s Largest Market?
You could say both of the Indian economy and you would be right. We are not merely the fastest growing major economy, we are also the most populous nation now, as the Financial Times recently reported. They said India is likely to overtake China as the world’s most populous nation sometime this month, or at… Continue reading World’s Most Populous Country or World’s Largest Market?
Aukus-Pocus and All That Quad
A trilateral meeting in San Francisco made international news quietly, if that is possible, a few weeks ago. Australia, UK and the US, part of the trilateral group AUKUS, announced a nuclear-powered submarine that the US will help Australia deploy in the Pacific. The news died as quietly as it broke. Not too many seemed… Continue reading Aukus-Pocus and All That Quad
Inflation: Up, up and away!
Since the world’s major economies reopened after Covid-related lockdowns, they have been heating up, what with pent-up demand, consumers on a spending spree, travelling, dining out and catching up on a host of social activities that were not possible during lockdowns. All that heated spending and pent-up demand, with supply chains not catching up, led… Continue reading Inflation: Up, up and away!
Stalemate in Ukraine Crisis, with America the Only Winner.
As the Ukraine-Russia conflict drags into the second year, any chance of a quick end to the war recedes further away from us into the distance. If anything, 2023 began with a ratcheting up of the call for more arms from Ukraine and the west scrambling to make more military equipment available. Zelensky has been… Continue reading Stalemate in Ukraine Crisis, with America the Only Winner.
Porter’s Competitive Advantage of Nations in Today’s Globalised World
Now that I have finally finished reading Michael E Porter’s The Competitive Advantage of Nations, I thought I’d write about its relevance in today’s globalized world. Like many business and economics books that I have been writing about recently, it wouldn’t be fair for me to review this book either, for the same reasons. I… Continue reading Porter’s Competitive Advantage of Nations in Today’s Globalised World
Davos Man Ready to Face the Challenges of the 21st Century?
If we thought that the 2008 Financial Crisis is the worst crisis the business world has seen this century, we had better think again. Close on the heels of that, we had the Covid-19 global pandemic, and we are still in the grip of a regional war with global repercussions, plenty of geopolitical tensions, as… Continue reading Davos Man Ready to Face the Challenges of the 21st Century?
India’s EV Foray Running Out of Steam
India was late to the EV party, as it began its journey of electric mobility only in the past decade. It seems like it wasn’t a policy priority either for the Indian government, with our Roads and Transportation Minister, Nitin Gadkari once even quipping on a television news discussion, “What’s the hurry?” This, when the… Continue reading India’s EV Foray Running Out of Steam
Which Shoring Makes Best Sense for Globalised Business
Four decades after globalization of business began, I think we can all agree that it is widespread and well-entrenched. And while there is a lot of talk of deglobalisation, about which I wrote recently on my blog, I not only think that globalisation is here to stay, I think it has become much more complex… Continue reading Which Shoring Makes Best Sense for Globalised Business
How Stubborn Can Inflation Get This Year?
Inflation has been a global problem since last year. Ever since Covid-related lockdowns were lifted and people started buying goods and services just like in the days before Covid-19. Except that thanks to the lockdown, manufacturing facilities couldn’t ramp up production levels to meet the surging demand. Neither could shipping companies handle the surge in… Continue reading How Stubborn Can Inflation Get This Year?