This article attempts to understand how key features emanating from the twin processes of globalisation and financial liberalisation - especially the growing ascendancy of domestic and financial...
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Recently released US state department documents of 1971 present a detailed micro view of the events of a year which saw the creation of Bangladesh with the partition of Pakistan, India's emergence as...
Securitisation is a transaction structure that makes it possible to transfer a large variety of risks from one set of economic entities to another set. Such transactions are welfare enhancing because...
Nothing more epitomises the American ideal of 'corporate bigness' than the retail giant Wal-Mart. Yet its critics reveal their political naivete when they limit their criticism to instances of Wal-...
The 60th anniversary commemorating the end of the second world war in Europe was recently observed, yet there has been little introspection of the dangers the war unleashed; the threats that still...
Across Latin America, countries and governments are asserting in many ways their autonomy from the US. This is part of a larger process of ferment in the region. Driven by massive increases in...
India's capital account is too open. There are flows that can destabilise the non-financial (real) sector. There is (almost) full convertibility for inflows but restrictions on outflows. While the...
One element of the present dominant conservative consensus in America is aimed at rescuing the university from the nay-sayers, radicals, communists and relativists who are alleged to have taken over...
The crackdown on the press in Jammu and Kashmir, of which the harassment faced by Greater Kashmir is only an instance, makes up the latest attempt by security agencies to ?neutralise overground...
The neo-conservative project of an expanding role for the US in world affairs is in trouble. Few countries are enthusiastic about a pre-eminent role for the US and at home scepticism about the...
The orientation of fiscal policy should be on fiscal correction and long-term issues. Aggregate demand management is then the exclusive domain of monetary policy which by initiating a softer interest...
A number of 'Cold War History' projects now underway in the US and elsewhere open up the possibility of re-evaluating key moments in the diplomatic history of this period as well as providing a...
This note argues that India?s tariff rates be brought down to globally competitive levels and proposes a uniform structure of tariffs. The reduction of duties will be accompanied by a real...
Part of the extraordinary success of the US democracy resides in the fact that its political rituals preclude any real possibility of the emergence of dissent and are designed to reinforce conformity...
After the terrorist attacks of September 2001, the United States is an irretrievably changed nation. Its relations with the rest of the world are defined solely in terms of its own security and...
