Genetically Modified Food – The Time has Come Jan25

Genetically Modified...

“My conclusion is very clear: the GM debate is over. It is finished. We no longer need to discuss whether or not it is safe – over a decade and a half with three trillion GM meals eaten there has never been a single substantiated case of harm. You are more likely to get hit by an asteroid...

Indian School Education – The Barriers to Private Enterprise Jan25

Indian School Educat...

“Uncertainty has gripped 2,235 unrecognized private schools in the city as they might shut down by the end of this academic session. As per MPD 2021 (Master Plan Delhi 2021), recognition will be granted only to those schools that have 8,000 sq mt of land per 5,000 people.” – Times of...

RBI – Can do Better Dec28

RBI – Can do B...

My review of RBI’s policy over the last few months centers around 3 crucial factors – stability, inflation and growth. In its mid-quarter policy review in December 2012, RBI stressed upon the impact of the European Sovereign Debt Crisis and the ‘fiscal cliff’ in the United States while...

Obama vs Romney – Faceoff Sep09

Obama vs Romney – Faceoff

The first black President runs for re-election against a poster boy of American capitalism – a rich, white, Republican male, appropriately the Governor of snobbish Massachusetts. Harvard once again acts as a connecting link between the Presidential hopefuls. While I have been a staunch supporter of Obama for the past 4 years, my recent study on liberal economics has led me to believe that Romney’s policies bear merit too. Here’s a 360 degree comparison: Economy The philosophy of the liberal free market capitalists differs greatly from that of legendary economist JM Keynes. When Obama found the economy stuttering in 2008...

The European Sovereign Debt Crisis Jan22

The European Sovereign Debt Crisis

My analysis of the European Debt crisis revolves around the following points: (1) There is an essential difference between solvent but illiquid nations and insolvent nations. (2) This is a crisis of creditor confidence. To regain creditor confidence, you need to listen to what the creditor is saying. (3) The European Debt Crisis is a crisis at whose heart lies a risk of contagion from hopeless economies such Greece to major global economies such as Italy and Spain. Were it not for the credit market fear of contagion, the crisis would be much smaller and localised in scale. How do we mitigate this risk? Read on.

Greece vs Italy – The Sovereign Debt Crisis Jul17

Greece vs Italy R...

The European Sovereign Debt Crisis has centered around 5 nations – Portugal, Ireland, Italy, Greece and Spain giving this grouping of economies an unfortunate but somewhat deserving acronym – PIIGS. Greece and Italy are the two economies from this group that have attracted the  largest...

IMF Top Post – Why Christine Lagarde is the Best Choice and why India must support her Jun12

IMF Top Post –...

IMF’s Director – India must support Christine Lagarde After Dominique Strauss Kahn’s ignominious exit from the top post at IMF, analysts and policy makers across the globe have debated and speculated on the successor to the top post. Christine Lagarde, the French Finance Minister has...

The Origin of the Greek Sovereign Debt Crisis May12

The Origin of the Gr...

Manan Vyas explains in lay-man’s language the factors that led Greece to accumulate a government debt burden that surpasses the GDP of more than 170 nations ($467 billion) while deconstructing the political, economic, regulatory and enforcement failures of the government of Greece and...

The Western Intervention in Libya – Analysis Apr28

The Western Intervention in Libya – Analysis

The military intervention by the Western nations in Libya has raised several important questions. Here I seek to give my opinion on the issues being raised. The Jasmine revolution originating in the nation of Tunisia was followed with great interest by the international community. It was the first of the Arab countries to rise against decades of suppression and deprivation of fundamental democratic rights. The protests were peaceful and successful and acted as an inspiration to the most populous of the Arab nations – Egypt. International interest increased exponentially. Events in Egypt were liable to affect not only the Arabic and...

America’s Asian Foreign Policy – Strategic Analysis in the Context of China’s Growth Aug29

America’s Asian Foreign Policy – Strat...

The American Background – Foreign Policy Focus on the Middle East The Bush administration initiated Operation Enduring Freedom on the 7th of October 2001. The stated objective: “Find Osama bin Laden and other high-ranking Al-Qaeda members to be put on trial, to destroy the organization of Al-Qaeda, and to remove the Taliban regime which supported and gave safe harbour to it.” Amidst the rubbles of the 9/11 terror attack the invasion of Afghanistan received substantial support from the American people. However as the war stretched on and Osama Bin Laden remained at large and the Al-Qaeda infrastructure just fragmented, not...

Inflation and Fuel Subsidy – An Analytical Prediction Jun24

Inflation and Fuel S...

Inflation-Manan Vyas Food Inflation continues the North ward spiral with latest figures revealing inflation to be at 17.56% RBI seeks to coordinate the fledging growth with monetary and fiscal policy. As food inflation rises at alarming rates the RBI walks a tightrope between tightening credit...

Obama – A Reborn Opportunity Jun22

Obama – A Rebo...

The Global Financial Crisis  exposed the excesses of Wall  Street giants as murky details of risky transactions running into billions of dollars came to light. Investment banks  had precarious over- leveraged positions and the  collapse of the mortgage  bubble brought the banks into...

Black Money in Swiss Banks – Analysis Jun21

Black Money in Swiss...

On March 31 2009 L.K. Advani the then leader of opposition and prospective Prime Ministerial candidate    raised the issue of Indian black stashed in Swiss Banks and numerous other tax havens. He quoted the  massive figure of $1.4 trillion (more than India’s nominal GDP) as the amount...

The Global Financial Crisis Jun04

The Global Financial Crisis

The Global Financial Crisis: The American Origin The Subprime Crisis and the Liquidity Crunch Introduction: The true extent of globalisation could be accurately expressed by the current financial crisis whereby contagion in the United States of America spread across the globe affecting all globalised economies.   The linkage with the Asian Financial Crisis illustrates how globalisation has crossed not only national boundaries but even the time dimension and explores how past financial events have a bearing on the current scenario.  The new banking ideology is studied and the factors which made the banking system vulnerable and unstable...