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Behold the Sunshine

All days flow into one another with perfect ease, blending into a wholesome time frame. Time and space perfectly synchronised!For us mortals, each day dawns its own perfection but combined with the human factor throws up unique challenges and situations.

Some good, some bad and some ugly. We watch the sunshine, the suns...

Openness to International Trade Causes Growth in Sub-Saharan Africa Openness to International Trade Causes Growth in Sub-Saharan Africa

The recent growth performance in sub-Saharan Africa has been remarkable given that, for over four decades since 1960, real GDP per capita growth had been dismal, averaging less than 0.5% per annum. This column, using within-country variation and instrumental variables, argues that increases in openness to trade are beh...

Wake Up Mr Prime Minister

Prime Minister Dr Manmohan Singh, a renowned economist, had been instrumental in ushering in economic reforms in India in the 90s as then Finance Minister.  However, despite being at the helm of the Congress-led UPA Government, Dr Singh has failed to lift the investor sentiment with dose of further reforms in his secon...

Rainfall

Who says the tide does not turn. The farmer does not face famine every year. Prosperity rains in infusing the farmer and farmland with progressive fertility.  The virtue of patience needs to be harnessed by the farmer when faced with ominous and cloudy reality.

Each of us is like the farmer always waiting for the rainfa...

The impact of corporate governance in financial institutions The impact of corporate governance in financial institutions

By Hamid Mehran   Alan Morrison   and Joel Shapiro

A recent op-ed by a former Goldman Sachs employee has led to an outcry over two important themes which came to the fore during the crisis, ie corporate culture and incentives. This column argues that neither regulation nor market forces has put either of these issues to...

NEIGHBOURS ON SEE-SAW? NEIGHBOURS ON SEE-SAW?

It's time to set the fulcrum in place!

It is very reassuring to see the overtures of the visiting Pakistani President Asif Ali Zardari towards the Indian leadership.  In the given power equation of US-Pak-India, and geo-political realities of the region, any move for amity between the neighbouring countries will help es...

The blaring horn The blaring horn

As if it was not enough to have divisions amongst humanity on geographical and religious lines, now people are being plunged into darker depths on sectarian lines. The latest to go down the alley way is the Iraqi population. The smouldering Shia-Sunni mistrust and divisions fostered by the politico- religious power nex...

SOUL SEARCH: Dew Drops of Life SOUL SEARCH: Dew Drops of Life

The dewdrops on the tall blades of green grass delicately balanced, swaying in the breeze of life resolve  to enjoy the momentary existence. . The cool winds brush moist shoulders of tiny beads of frozen moisture making that gentle connect a sensuous bliss.

Poised as we stand on brink of being and not-being, basking in ...

REVOLUTION TO EVOLUTION! REVOLUTION TO EVOLUTION!

As Tunisia ushers into peaceful transition to democracy from 23 years of dictatorship, the world remembers the 20 year old street vendor, Mohamed Bouazizi  who set himself alight a year ago, triggering off  series of civil outbursts and deadly protests across Arab nations. The ensuing violence ended age-old authoritari...

SOUL SEARCH: Divinely Yours SOUL SEARCH: Divinely Yours

'What is creative?' Every cell, every thought, every emotion, infact most of that which can be called existential is created. Going by this broad thought, all of us are creative and therefore bear the responsibility of creating that which is progressive on a contemporary and futuristic perception of reality.

We are the ...

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