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Monday, February 10, 2003

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OPINION

EDITORIAL


The GDP rope-trick
OVER THE YEARS, CSO estimates of GDP growth have acquired the legendry status of the Indian rope-trick. Even the best of hedgy economists may not readily buy the low 4.4 per cent GDP growth (advance estimates) for 2002-03 against 5.6 per cent ... More

FOREIGN TRADE


India and Pacific Island Forum — Economic linkages build strong ties
INDIA has been celebrating its deepening interaction with the Association of South East Asian Nations. The first India-Asean summit, held in November 2002 in Cambodia, was the high point of the `Look East' policy initiated in the early 1990s. ... More

FOREX


Making best use of forex riches
Presenting a model, P. V. Indiresan suggests how best to use the forex riches, how the government can trigger development by establishing world-quality municipal infrastructure, and exporters and other investors can be offered an internationally comp etitive environment. More

POLITICS


Cunning concoction
THE British Government brought out a month or so ago a damning dossier on Iraq's so-called knavery in producing and hiding weapons of mass destruction (WMD). Besides being distributed widely, it was also put on the website of the British PM's ... More

WATER


River linking: In a swirl of issues
The Garland Canal project faces quite a few problems. Unlike the Golden Quadrilateral project, it is difficult to identify the target group that should be taxed. More

FOODS & FOOD PROCESSING


The fat crisis
THE US is caught in an expanding middle. It is a crisis of excess fat that has its roots in an environment of plenty. Food prices have dropped by an average of 0.2 per cent a year since 1945 due to production of agricultural commodities exceeding ... More

CREDIT RATING


Moody's upgrade — Uplifts the mood but raises questions
RATING agencies such as Moody's and Standard & Poor's have become fixtures on the international financial scene. This is particularly true as global investment, which depends on their ratings, is an important part of the balance of payments of ... More

FINANCIAL MARKETS


Assymetric information and financial markets' regulation
An impediment to the efficient functioning of the financial system is asymmetric information, a situation in which one party to a financial contract has much less accurate information than the other. More

LETTERS


  • Forex reserves
  • Decline in GDP growth
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