Just Who Is a Trade War โ€œGoodโ€ For?

In March 2018, President Trump said that โ€œTrade wars are good and easy to win.โ€ As economies and markets roil in the throes of the year-and-a-half long US-China trade war, it is perhaps time to ask who is a trade war good for and what impact it is having on business and ordinary people. By… Continue reading Just Who Is a Trade War โ€œGoodโ€ For?

Stuck in the Slow Lane

It has been several months and quarters of agony for the Indian automobile industry, what with vehicle sales falling. The rapid growth rate registered in the 2004 to 2013 period seems to have sputtered to a slow growth, if that. Newspapers and magazines are suddenly full of news about falling vehicle sales and job losses;… Continue reading Stuck in the Slow Lane

G20: A Summit in Need of Statesmanship

If, after watching news of the recently concluded G20 Summit, you got the impression that the global economy is chugging along fine and that countries were getting along fine, you can attribute it to one person: the world leader with the world-leading tweet! After firing off a set of confrontational tweets in customary style, Trump… Continue reading G20: A Summit in Need of Statesmanship

After the Financial Crisis, the World at Cultural Crossroads

I donโ€™t know about you, but the year 2015 was defined for me by images of hordes of people clambering on to boats to take them across the Mediterranean. Many making it to their destination and many others meeting a watery grave. Since then the sea has become a sort of metaphor for the European… Continue reading After the Financial Crisis, the World at Cultural Crossroads

Time for Europe to Seize the Day

For an election that concerns 28 nations, the EU elections usually attract little attention. Until this year, when it was heartening to see a larger voter turnout. And, as is usually the case in the event of a large voter turnout, this time too it is a mandate for change. The most recent Eurobarometer polls… Continue reading Time for Europe to Seize the Day

Global Growth on a Slow Boat to China

The last time the Western world traded with China and it led to wars, it was of the opium kind, in which India too was involved. That was over a century ago. The opium trade with China and the exploits of the East India Company have since been evocatively recreated for us in fiction by… Continue reading Global Growth on a Slow Boat to China

Making Sense of the Millennial Myth

Millennials will go on to become the largest population cohort in the US this year. Theyโ€™ve been bringing marketers and advertisers waves of excitement and anticipation, as the largest consumer group. Theyโ€™ve also been bringing them nightmares. Everyone is busy studying this group of youngsters aged anywhere from 16 to 34 who comprise such a… Continue reading Making Sense of the Millennial Myth

Breaks-it, But Will Britain Make It?

If Britain severs its ties with the European Union, where does it belong? Itโ€™s too small to be a continent by itself. Many think itโ€™s too diverse to even be called a country. The Scots and the Irish donโ€™t want out. But the Welsh want to leave. And, most importantly, Brexiteers want out, we are… Continue reading Breaks-it, But Will Britain Make It?

A Decade of Excess, and the Scars are still Visible

โ€œThe road of excess leads to the palace of wisdomโ€ฆ You never what is enough until you know what is more than enough.โ€ย ย -ย William Blake. This might be a strange note on which to begin the new year, but not if one looks at the signs all around us. Listening to some world leaders, you might… Continue reading A Decade of Excess, and the Scars are still Visible

Green shoots, really?

Right now, looking out of the window of our first floor flat, I see what I am told is a fig tree. It has shed all its leaves and is busy sprouting tiny, new, green ones. Strange for this time of the year in Goa, where we have just bid goodbye to the South West… Continue reading Green shoots, really?