-Outlook Nobel laureate Joseph E. Stiglitz is one of the world’s leading economists. A former chief economist at the World Bank and currently University Professor at the Columbia Business School, he was recently in India to attend an international conference on development and to promote his new book, The Price of Inequality. He spoke to Pranay Sharma about growing inequality in the world and the challenges facing India. Excerpts: * Your coinage,...
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A liability for our nuclear plans -MR Srinivasan
-The Hindu In the context of the ongoing debate on Kudankulam, the question of nuclear liability has come to the fore again. As a person who engaged with this question almost 50 years ago, I would like to throw some light on the subject. As a lead member of the Indian team negotiating the Tarapur contract with the Americans, it fell to my remit to address this matter. General Electric and...
More »Untenable critiques sowing confusion on supposed ill-effects of retail FDI-Jagdish Bhagwati & Rajeev Kohli
-The Economic Times Retail sector liberalisation has been revived and included in Prime Minister Manmohan Singh's package of big-bang reforms announced recently. This was to be expected as an element of the package since the influential minister Jairam Ramesh, who has access to Sonia Gandhi and is identified with her NGO-dominated set of advisers whose knowledge of economics is outweighed by their enthusiasm, had already announced his conversion to retail sector...
More »Let grass roots decide on Walmart -Garga Chatterjee
-The Hindu If we are going to buy American, why not adopt the American way of giving local bodies the right to refuse entry to super stores in their area There is the United States of America and then there is the ‘idea’ of USA that exists in the minds of significant portions of the middle classes all across the globe. How this looks in real life varies slightly according to the...
More »The dark underbelly of India’s clinical trials business-Malia Politzer and Vidya Krishnan
-Live Mint Incidents at Bhopal and Indore highlight irregularities and ethical violations in some trials In 2004, doctors at the Bhopal Memorial Hospital and Research Centre (BMHRC), established exclusively for treating the victims of the 1984 gas leak, recruited unsuspecting survivors for clinical trials without their knowledge or consent; 14 participants died during the course of the trials. Together with the episode in Indore’s Maharaja Yashwantrao Hospital (that Mint reported on 10...
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