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The liberal fiscal spending of the 2004-08 period was made possible both by rising government revenues and national income growth and by relative comfort on the external side. After 2009,these pillars of growth began to wobble. By 2012, they were shaking.

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Sanjaya Baru

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It would be wrong to see the re-making of Asia, much less India,as a revolt against the West. Asia has indeed been re-built on the ruins of colonialism, but not on the ruins of all that the West has come to represent.

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During the 1990s, when India opened up to foreign investment, Japan was so mesmerised by the China opportunity that it chose to yield market space across a wide swathe of industries to South Korean competitors.

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June 4, 2024

During the 1990s, when India opened up to foreign investment, Japan was so mesmerised by the China opportunity that it chose to yield market space across a wide swathe of industries to South Korean competitors.

Previous

June 4, 2024

It would be wrong to see the re-making of Asia, much less India,as a revolt against the West. Asia has indeed been re-built on the ruins of colonialism, but not on the ruins of all that the West has come to represent.

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