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In Mumbai

June 27th, 2007 | 17 Comments | Posted in India Business, Indian Economy

Landed in Mumbai a couple of days ago. Sahar airport has improved quite a bit in the last 2 years that I have been flying into Mumbai. It is far from the kind of airport that one would expect the financial center of India to have, but I think the airport authorities are doing a good job with what they have. The immigration lines are now well managed. Baggage claim has more capacity and the baggage carts are new and improved. More »

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Leadership Challenges – the Fog of Economics

June 10th, 2007 | 10 Comments | Posted in Indian Economy

Think like a wise man but communicate in the language of the people.

- William Butler Yeats

The world’s biggest issues today are economic issues. They are about growth, inflation, unemployment, income distribution and so on. Many other issues are not directly about economics but are indirectly so - like climate change or immigration in the US. Even terrorism ultimately is linked to economics – people with nothing to lose are easy prey for those who preach hate.

As the world’s governments deal with these thorny economic issues, they face many challenges. The one that is peculiar to economic issues is that most voters don’t understand the economics behind these economic issues. More »

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