-The Indian Express Too many of our economic prescriptions are based on dogma, empirical half-truths It has become fashionable to say, following the conclusions of Michael Spence’s Growth Commission, that there is no single recipe for growth, only some common ingredients. Such a claim brings a due degree of modesty to what we do or do not know about growth. And at the very least, such a claim has the virtue of...
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Retail store builders set to get FDI boost -Sachin Dave
-The Hindustan Times As both Houses of Parliament cleared the way foreign direct investment (FDI) in multi-brand retail, the mood of commercial real estate developers, who were facing a tough time building and renting out malls, is expected to look up. A revival of investment plans is on the cards. The supply of rental spaces across India recorded a drop of 65% in 2012 from the previous year, according to a report...
More »Countries unhappy with proposals, yet continue with Doha talks -Meena Menon
-The Hindu The climate talks continued here on Saturday with Conference of Parties (COP) 18 president Abdullah Bin Hamid Al Hattiyah of Qatar pushing for a conclusion, while accepting that everyone was unhappy with the proposals, but at the same time wanting an outcome. After a brief informal plenary in the morning where Mr. Al Hattiyah asked ministerial outreach groups on key issues to report back after consultation, the plenary convened briefly...
More »An Empty Table at Doha Climate Talks -Stephen Leahy
-IPS News Doha: United Nations climate talks are on the edge of collapse Thursday, according to a coalition of civil society and representatives from half of the world’s countries. Once again, rich industrialised nations are putting nothing on the table in terms of increased emissions cuts and financial support for poor nations, said Celine Charveriat, director of advocacy and campaigns for Oxfam International. “This is just like WTO (World Trade Organisation) negotiations where...
More »Perils of regulation-Rishabh Bhandari
-The Indian Express A free press that is able to operate without fear or favour remains an essential cornerstone of a modern democratic society. It plays a funDamental role as the guardian of public interest. By the same token, when certain deficiencies in its role become apparent, public and political furore is inevitable. So it came to pass in Britain, where public anger emanating from a single action — the hacking...
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