In The News

Martin N. Baily July 1, 2004
In the heated public discourse in the US on outsourcing the aspect that is most often highlighted is the threat of American job loss to low-wage workers in India. In this essay a former Clinton administration economist Martin Baily and Diana Farrell , director of the McKinsey Global Institute make the case that outsourcing is in fact win-win for both the countries. They say that with the digital...
Ashis K. Biswas June 17, 2004
Mysteriously, merchant ships have sunk continuously at the Sandheads in India's Bay of Bengal, leading many to question why. More mysterious, however, is the fact that ships continue coming here and sinking. Official estimates indicate that at least 81 ships have gone down in this area in the past 30 years, including eight since 1997. Innumerable crewmen have lost their lives in these...
John R. Bradley May 27, 2004
An insurgent movement within the Thai Muslim community has led to over 200 deaths in southern Thailand this year. The presence of the expensive, brand-new Yala Islamic College, primarily funded by Saudi Arabia, Qatar and Kuwait, is not unrelated to this violence, says this article in Singapore’s Straits Times. The 1,500-some students there dress in traditional Arab garb and are taught a strict...
Gareth Mitchell May 18, 2004
With wireless technology, island culture may never be the same. Tourists usually go to the small, remote island-nation of Maldives in the Indian Ocean to get away from the bustle of their busy modern lifestyles. However, they might soon be able to check into their hotels as they hop off the airplane, and surf the internet while on the beach. Two computer enthusiasts are currently setting up...
S. Nihal Singh May 17, 2004
India's surprise election results from last week have left everyone struggling to understand how the powerful BJP could lose so decisively in a time of economic prosperity. The answer, suggests S. Nihal Singh, a former editor of the Statesman of Calcutta and the Indian Express, lies in the unequal distribution of India's growth. Though the globalization of India's technological...
Saritha Rai May 12, 2004
In the last few years, there has been a lot of hullabaloo over the wide-spread benefits of technology growth in India. The recent outcry in the US over the outsourcing of jobs to India only furthered the impression that Indians as a whole were winners in this phase of globalization. However, as this article in the New York times reports, the benefits of economic liberalization and globalization...
Gareth Price May 11, 2004
Results from India’s national elections disproved pre-poll predictions by ousting the ruling national coalition led by the Bharatiya Janata Party (BJP). A few weeks ago, the results seemed predictable. The current government, successful in stimulating economic growth for India and promoting better relations with neighboring Pakistan, was expected to return to power. Low voter turnout may have...