Crowded cities are rich because there is greater division of labour. The extent of the division of labour depends on the size of the market, wrote Sauvik Chakraverti in 2002.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
Ambassador Talmiz Ahmed’s suggestion that India should use its influence / good offices to reduce tensions between Sunni KSA and Shia Iran needs to be taken forward. Heightened tensions between the two, verging on war, are already hurting India. 2. Given the state of the Indian economy and the corporate sector, difficult to see India Inc making serious investments abroad for at least the next five years.
Ambassador Talmiz Ahmed’s suggestion that India should use its influence / good offices to reduce tensions between Sunni KSA and Shia Iran needs to be taken forward. Heightened tensions between the two, verging on war, are already hurting India. 2. Given the state of the Indian economy and the corporate sector, difficult to see India Inc making serious investments abroad for at least the next five years.