Public-private partnerships are presented as a way of giving the public a more efficient, private-sector interface with government. Private contractors, we are told, will reduce delays, improve service, and free citizens from the worst excesses of bureaucracy. But there is something perverse about this argument. Outsourcing a dysfunctional administrative process is an admission that the […]
13
Jun
Jun
The war between Israel/USA vs. Iran in the Middle East has created a natural experiment that can answer the question I asked in the title of this article: What would India be without the help of the Christian West? The Modi government and his supporters do not get tired of bragging about how India is […]
04
Apr
Apr
Since prime minister Narendra Modi came to power in 2014 the Indian fiat paper currency rupee has depreciated by 55% against the US dollar. During the Manmohan Singh era that depreciation was 33%. But, not just with the US dollar, it has depreciated significantly against UK pound (25%), Euro (30%), Swiss Franc (60%), and Singaporean […]
25
Jan
Jan
Indian leaders, mainstream news media, government supporters, and many world leaders and global institutions like the IMF, World Bank, or WEF (World Economic Forum) always talk about India being one of the biggest consumer markets, or the fastest growing consumer market etc. How much truth is there in such claims? In this brief write up […]
15
Jan
Jan
The Indian government and public never get tired of bragging about their economy’s size, and it’s growth rate. For example, India’s economic growth is estimated to surge past most initial private and official forecasts, backed by robust domestic demand and government spending, helping New Delhi cope with punitive U.S. tariffs. The near $4 trillion economy […]