Sudip Bandyopadhyay’s Blog

The global economic crisis has been a huge motivator for the economies across the globe to review their decade old practices and take drastic measures wherever appropriate.
China realised that internal consumption in their  economy needs to be significantly increased and has been trying to boost the same.  Malaysia reversed its thirty year old “Bhumi Putra” [...]

The Paris-based International Energy Agency recently released a report, Another Chinese Riddle: How Reliable Are GDP Figures?  In this  the intergovernmental organization cited research that China’s first-quarter GDP growth, announced as 6.1 per cent was most likely flat to negative.  As a result of such reports, public trust is eroding, and not just in China. [...]

When the British Tea Companies introduced tea for the first time in India, they used to put up stalls at public places and provide the hot beverage free of cost.  The purpose was to acquaint Indians with the taste of tea and hence an elaborate attempt was made to ensure that every middle class Indian [...]

Credit rating agencies have been among the whipping boys of the financial crisis.  They have been criticised for what they were responsible for – awarding triple A ratings to securitised debt products they did not understand.  They have been criticised for what they were not responsible for – investors’ overreliance on ratings to guide investments.  [...]

The debate regarding globalisation, opening up of  barriers, controls, etc. has been predominantly restricted to the area of International Trade and commerce.  The International negotiations, debates and dis-agreements, all have centered around international trade only. The other two critical components of globalisation i.e. movement of capital and people have not yet been subjected to similar [...]