In The News

Better Late Than Never

Nayan Chanda March 31, 2016
India has flung open the doors on foreign direct investment in its food retail sector. “Presenting the annual budget, the finance minister announced that his government would allow 100 per cent FDI in agricultural food processing, which covers the multi-brand retail of food products produced and manufactured in India,” writes Nayan Chanda, YaleGlobal’s founding editor, in his column for...

Caught In the Doldrums

Nayan Chanda March 23, 2016
World trade is slowing but “emerging weakness in India’s information technology (IT) and business processing sector is even more surprising in light of the global trend of exponential growth in digital commerce and information flow,” suggests Nayan Chanda, founding editor of YaleGlobal, in his column for Businessworld. He points out that, with IT and business process management representing 9.5...

Free Trade Under Threat

Nayan Chanda February 29, 2016
Anxiety is spreading in the world’s wealthiest nations about unemployment, inequality and economic uncertainty due to outsourcing, global supply chains and big trade agreements. The wages of ordinary workers stagnate while corporate earnings soar. Sizable blocs of voters angrily resist trade agreements, immigration and protections for refugees. “The US presidential elections in November promise...

Fighting the Zika Virus

Nayan Chanda February 17, 2016
Over their lifetime Aedes aegypti mosquitoes may not wander more than a few hundred meters from the source where they emerged as larva without human intervention. Still, the range for the insects is widening, and they have a presence on every continent. Mosquitoes are vectors for multiple blood-borne pathogens, including dengue and the Zika virus, and those are also spreading. The World Health...

False Sense of Security

Nayan Chanda February 9, 2016
Few countries will be insulated from the slowdown of the Chinese economy, even those not intricately tied to the Chinese supply chain. “China did indeed stimulate its way out of the 2008 crisis but now it has to deal with overcapacity and debt,” writes Nayan Chanda, founding editor of YaleGlobal Online, in his column for Businessworld. “For India to be congratulating itself for not being part of...

The Smart Way of Healing

Nayan Chanda January 22, 2016
Hospitals face challenges in preventing one patient’s infection from spreading to other patients. Nayan Chanda, founding editor of YaleGlobal Online, writes about the troubling phenomenon of patients being successfully treated before succumbing to hospital-acquired infections. “This problem is not a uniquely Indian one,” he writes. “Modern hospitals in the developed West are also struggling to...

Faulty Mission?

Nayan Chanda January 12, 2016
India’s Prime Minister Narendra Modi launched “Make in India” to create jobs and attract foreign investment, but the campaign “remains mired in political battles and cultural battles,” explains Nayan Chanda, founding editor of YaleGlobal Online who also consults for the publication. “India’s hope to take up the slack from China’s … increasingly expensive labour force may have come too late.” The...