The Hindu Business Line : Tuesday, February 20, 2007

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OPINION

EDITORIAL
Chasms in South Asia
The uneven Customs duties and the desire to protect their industries make South Asian integration difficult. More

ECONOMY
For an economic model with a difference
Global economic growth has accelerated to 4-5 per cent per annum now, from a sluggish 1 per cent in the 1980s. Information technology seems to have integrated market forces across the globe. Today, the number of globizens is on the rise. ... More

BANKING
Basel II and India's banking structure
Despite the postponement of the target dates for banks to implement the Basel II guidelines, adjustments aimed at realising that goal are under way. In this and the following editions of Macroscan, C. P. Chandrasekhar and Jayati Gho sh examine what the guidelines involve, their effects on the banking structure and behaviour and some likely outcomes of implementing them. More

RAILWAYS
Railways: Broad-gauging investments
Though cost-cutting and revenue-raising measures can be continued, the focus should be on the much-needed investment in expanding the capacity of the Railway. More

BOOKS
Slow reforms, in the usual messy democratic way
The Budget ahead may be planning for the 12 months, but The Next Decade looks at the unfolding future. For the upcoming fiscal exercise some clues may be had from Economics for Lawyers, considering that the country's finances are handled by a lawyer. The Culture of the New Capitalism explores the spectre of uselessness. More

LETTERS

Credit as human right

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E-paper anouncement
Pick a Winner Stock Market Contest

Vijaya Bank to be selective on retail credit

Basel II and India's banking structure

Shipping industry eyes forex reserves for acquisitions

Castorseed production dips 15%, yield up 6%

More outlays needed on exploration for copper ore

Looking back
Feb. 11-Feb. 17
India Inc on a buying binge

The multibillion-dollar questions

Inflation targeting — Address the supply-side constraints too