Category Archives: Economics

Tiger Moms and Indian Parenting

Posted on January 31, 2011 by Basab Pradhan

Amy Chua made waves with this piece in the Wall Street Journal. She also had a very successful Davos visit where she found herself debating Larry Summers, which is a daunting task, even on a subject that you might think … Continue reading →

Posted in Culture, Economics, India | 1 Comment

Chart of the Day

Posted on November 12, 2010 by Basab Pradhan

This chart plots the trend line for Trade in Services as a percent of GDP. Trade in Services includes both imports and exports. The data is from the World Bank’s excellent databank. Till the mid 90s India’s Trade in Services … Continue reading →

Posted in Economics, Offshore Services | Comments Off

Comparing Chinese Manufacturing and Indian Services

Posted on November 10, 2010 by Basab Pradhan

I was doing some number crunching for the book and came up with this chart. When you hear the phrase “outsourcing of jobs to India and China”, which you do often in American politics today, there is going to be … Continue reading →

Posted in Economics, Offshore Services | 3 Comments

Currency Wars and India

Posted on October 19, 2010 by Basab Pradhan

Prime Minister Manmohan Singh in an interview to FT has said that he is “worried about the global situation” over rebalancing the global economy. At the heart of the matter is what can be called currency warfare. Money is cheap … Continue reading →

Posted in Economics | Comments Off

Where Will the Good Jobs Come From

Posted on September 27, 2010 by Basab Pradhan

Yglesias rebuts Ed Luce in the FT. First, Ed Luce: …a paradigm that has outlived its usefulness – the view that globalisation is an unmixed blessing for the US economy, and that America’s disappearing manufacturing jobs will be replaced by … Continue reading →

Posted in Business, Economics | 6 Comments

Why Pre Existing Conditions Must Go

Posted on March 20, 2010 by Basab Pradhan

In response to my previous post on healthcare reform, a reader writes in from India …Why should an insurer agree to insure a pre-existing condition? It does not make sense to expect a business to agree to a proposition wherein … Continue reading →

Posted in Economics, Government | 20 Comments

My Personal Tale of Healthcare Insurance

Posted on March 19, 2010 by Basab Pradhan

I wanted to get this story out before the Sunday vote in the House. If you believe in healthcare reform, call your Congressman. Most of them will have their offices open tomorrow. Here’s my personal experience with healthcare from this … Continue reading →

Posted in Economics, Government | 3 Comments

Make Work Homework

Posted on December 26, 2009 by Basab Pradhan

A few years ago my son who is now in middle school got some vocabulary homework for English. It was a pretty long list of words. He was supposed to write the meaning of each word and then use it … Continue reading →

Posted in Economics, Education | 1 Comment

Copenhagen – the Mother of all Negotiations

Posted on December 19, 2009 by Basab Pradhan

Who hasn’t been in a tough negotiation? If nothing else, negotiating with your kids can often be most difficult. But the negotiations at Copenhagen summit and next year on climate change are going to be the hairiest negotiations you can … Continue reading →

Posted in Economics, Sustainable Living | Comments Off

The Numbers Behind the Numbers

Posted on December 5, 2009 by Basab Pradhan

This week’s big news was that the US economy lost the fewest jobs in a month since the beginning of the recession. There were reams and reams of news and opinion on the matter. Quotes from the White House, Republicans, … Continue reading →

Posted in Economics | 1 Comment