In The News

Pallavi Aiyar March 18, 2004
Despite producing the largest number of films in the world, India's movie industry has yet to make a dent in the Chinese market. Relations between Beijing and New Delhi have warmed over the past few years, but the benefit of better ties has accrued almost entirely to trade in other products. China's strict quota on imported films, coupled with the strong appeal of American culture to...
Arindam Mukherjee March 11, 2004
Globally, the Free Trade Agreement (FTA) is very much in vogue, but India is rethinking its rush to keep up with trends. At present, there are some 250 FTAS globally, a figure that is likely to increase dramatically in the near future. India has made many strides in this area, signing, or committing to sign, various multilateral as well as bilateral agreements. Currently, it is in the process...
John D. Ciorciari March 10, 2004
M.J.Akbar March 8, 2004
As Indian and Pakistani cricket teams face off this week, the matches may arouse more emotions than the two countries' recent diplomatic relations. The resumption of play on the sub-continent is a remarkable turn in a relationship that has been marked by bloody conflict over the disputed Kashmir region, argues M.J. Akbar, editor of The Asian Age. Now, political pragmatism may outweigh...
Thomas L. Friedman March 4, 2004
Falling transportation and telecommunications costs have taken the world from a "size large" to a "size small," according to New York Times Foreign Affairs Columnist Thomas Friedman. But the most recent globalization phenomenon, he argues, has shrunk the world to a "size tiny." The worldwide proliferation of personal computers and the bandwidth and common software...
Kalinga Seneviratne March 1, 2004
For the last several weeks, US politics have been dominated by discussions about the shift of information-technology (IT) jobs to lower-wage nations. Now, Australians are joining in to register their protest. A new deal between American company IBM and Australian telecom giant Telstra threatens to move 450 Australian jobs to India, where IBM has said it will base the conglomerate's IT...
Thomas L. Friedman February 26, 2004
New York Times Columnist Thomas Friedman argues that while outsourcing may relocate American jobs to low-cost countries, it also creates jobs by stimulating export demand for American products. "Look around this office," an Indian call center owner remarked to Friedman, "All the computers are from Compaq. The basic software is from Microsoft. The phones are from Lucent. The air-...