The Anderson saga is one more reminder that the powerful can always count on official help. In the fall of 2002, Greenpeace campaigner Casey Harell paid a surprise visit to the New York State private estate of Warren Anderson, and found him living a “life of luxury”. Nothing odd about the discovery except that in the eyes of the law Mr. Anderson was untraceable, and had been so since 1992...
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India Could be a New Pole of Global Growth by Robert B Zoellick
Change is the great constant of the world economy. India was still a colony when the allied powers shaped the international architecture at the end of World War Two. Today, India is a rising economic power that is contributing to world growth in new and powerful ways. Economic reforms in India and China, and the export-driven growth strategies of East Asia all contributed in the last 20 years to a world...
More »Bye-bye Dubai? by Jayati Ghosh
There is much about Dubai that is artificial and based on illusion: the man-made islands designed to represent a map of the globe; the indoor ski slope in the midst of desert; the incredible hotel with glass walls looking onto a sea aquarium mimicking the surrounding ocean. Dubai had also become synonymous with excess: building the tallest tower in the world and the biggest and most expensive luxury hotels, residences,...
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Making a virtue out of the inevitable would appear to be the way forward in climate change negotiations. After the US agreed to reduce aggregate emissions 17% over 2005 levels by 2025, and China agreed to reduce the carbon intensity of its growth (emissions per unit of output) by 40% on a voluntary basis, there is pressure on India to place its own emission reduction targets. India should oblige. It...
More »Bhopal's economy was stalled by the 1984 gas leak by Jorn Madslien and Ben Richardson
Twenty-five years ago this week, a gas leak at a Union Carbide chemicals plant in Bhopal released 40 tonnes of poisonous gases over the Indian city, killing thousands and injuring tens of thousands. To this day, many of the survivors live in crowded shacks in the slums that line the old factory walls. The people here are not the only ones who have been affected, however. The leak, which is often...
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