The Hindu Business Line : Monday, July 09, 2007

ECONOMY
Inclusive vs. intrusive development
This is 204th in the Vision 2020 series. The previous article was published on June 25.All-round progress occurs when there are no walls, when amenities are shared equitably between wealth creators and their underprivileged neighbours. By ring-fencin g themselves, SEZs become fortresses designed to withstand outsiders and not welcoming sanctuaries for the deprived. That is, they are examples of intrusive, not inclusive, development, says More

FOREX
Further capital account convertibility — The neglected considerations
Successful growth is accompanied by the private sector undertaking new, varied and sophisticated activities.A recent article argues that greater capital account convertibility constrains the country’s ability to manage the exchange rate in view of the unrestricted capital flows. It further establishes that Asian countries with sustained economic growth and higher manufacturing exports did not have overvalued currencies. More

INFRASTRUCTURE
China's infrastructural revolution
More

POLITICS
Global leadership adrift in self-interest
The UN is often referred to as a talking shop. The General Assembly would pass all the resolutions it wants and the real decisions would be taken only at the Security Council. Given the veto power of the members in that body, this often meant ... More

EDUCATION
The professional college fiasco
This column referred some weeks ago to the notion of the Gross National Happiness index. Advocated by the wise and thoughtful in the West, it has all along been a matter of state policy in the kingdom of Bhutan. However, if someone had been able ... More

WTO
WTO: Battle of the bottle
The dispute at the WTO between the US and the EU (not counting the other countries which have joined issue secondarily with New Delhi on the subject) on the one hand and India on the other on the imposition of import duties on wines and distilled ... More

LETTERS

Human resource re-engineering

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