Showing posts with label US. Show all posts
Showing posts with label US. Show all posts

Friday, April 26, 2013

Damn globalisation!

If you are one of those who sits back over a cup of coffee, marvels at India’s growth & takes all pessimism with a pinch of salt; this is a book you can’t miss. It’s a rich account of where we stand & where we’re headed

When I read ‘Confessions of an Economic Hitman’ a few years back, I was shocked to know that the US government has such extensive involvement in private corporations, which further its objective of global dominance. What I understood from the book was that underdeveloped or developing economies with vast amounts of natural resources were exploited by the US, which did so by embroiling them in a debt trap. However, as I sat through Aseem Shrivastava’s and Ashish Kothari’s Churning The Earth – The making of global India, I realised that global politics has moved much beyond and globalisation is now a grand scheme through which powerful nations wish to achieve global dominance. Shiravastava (an economist) and Kothari (an environmentalist) weave an intricate and comprehensive account of the social and environmental changes that have brought about unprecedented development (or so it seems) in India over the last two decades, at a horrible cost. In summary, the book is about India’s unbelievable growth story, why it is a sham and how millions of people suffer everyday at the cost of a few elites ending up better off. The writers have managed to assimilate a great deal of data to substantiate their arguments. For instance, to prove that the increase in Foreign Direct Investment (FDI) has done more harm than good, the authors use the Government of India’s Economic Survey – data which is easily available in the public domain. As per statistics churned out by the survey, India managed to finance its investment from domestic sources between 2002 to 2008 because domestic savings equalled domestic investments. This implies that FDI worth $120 billion during this period generated massive returns for investors without adding any new productive capacity. The more important question is what was all this money used for? It piled up in the form of RBI’s dollar reserves, which were in turn used to finance surplus imports. In short, India was tricked into spending beyond her means even when she could have done without it.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles
 


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles
 
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Tuesday, March 26, 2013

B&E Indicators

Global aerospace & defence perspective
US continues to be the largest spender on aerospace & defence in the world, bigger than the top 15 defence-spending nations put together. Incidentally, US is also the most advanced nation in terms of R&D activity as well as the market structure. However, experts now see the emerging economies such as India and China coming up the curve in aerospace & defence spending in the near future.

R&D remains critical
R&D remains critical to the sustainability of this sector as no other sector is more strongly linked to the government spending of a country than this. Countries such as Russia & US spend big amounts on defence-related R&D every year. In fact, a closer look at the US R&D spend in aerospace, defence & national security over the past few years indicates that almost $11 billion is estimated to be spent in 2011, which is about 46% of the total global R&D spend projected in the same year.


Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles

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Wednesday, November 7, 2012

Submarines...

It’s high time to have own DSRVs

William Arthur had once rightly said - “Wise are those who learn that the bottom-line doesn’t always have to be their top priority.” But ostensibly India fails to realise that. The bottom-line might be to win wars…but should India’s priority not be to protect the lives of those warriors who put their lives at stake for the motherland?

Doesn’t it beat the wits out of everyone that India does not yet have a Deep Sea Rescue Vehicle (DSRV)? The deals which were to materialise with Canada for the same, have fallen in the traps of corruption. It seems and the other deal with the US has also achieved no better status. And what’s more surprising is that these deals or for that matter no other deal of DSRV is getting the boost when it seems to be a foremost priority for India. And what happens in turn? A thing of not so past is that during the fleet level war games, the INS Sindhughosh collided with a merchant ship and the consequence was miraculously not so severe. There could be crisis situations where a DSRV might be of utmost requisite…well, when India can invest billions in outsourcing arm equipments, why then she is silent to answer to it?


Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
 
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links  
IIPM : The B-School with a Human Face
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Monday, October 22, 2012

RaBieD!

Latest stats on Reverse Brain Drain

Nirad. C. Chowdhury’s shallow claim to be the sole Briton living today who is aghast at the degeneration of Anglo Saxons, does not undermine his deep rooted admiration for the all conquering Britain in their heydays of colonial rule. Many before and since have had a quintessential fancy for the Western lifestyle, their values and their education, the inspiration of which provided them the driving force to land up on foreign shores. The colonial rule is gone now, but the magnetism of the West still persists.

Notwithstanding the fact that US has replaced other nations as the most favoured destination for immigration – with Indians and Chinese forming the bulk of them either in Silicon Valley or in American Universities – the current presentiments are alluring many to return to their home countries.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.
 
IIPM : The B-School with a Human Face
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