Category Archives: Transformations LLC

The Three Failings Of Economics

Economics, at least as it is expected to function in the West, aims to achieve normatively three fundamental and sacrosanct principles: free markets, free trade and growth. Governments try to minimize their involvement in market activity and regulate carefully so … Continue reading

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The Challenge Of The Disconnect Between Employment And Economic Growth In India

India, since 2014, has been the lone star on the economic firmament, growing consistently above 7% per year as the rest of the world struggled with economic recovery. One would expect that such a relatively stellar growth rate would create … Continue reading

Posted in Economics, South Asia: India, Pakistan, Bangladesh, Nepal, Bhutan, Burma and Sri Lanka, Transformations LLC | Leave a comment

NITI Aayog

The idea that India needs transformation but no longer evolution is captured in the establishment by Prime Minister Narendra Modi of NITI Aayog, the National Institution for Transforming India, on January 01, 2015, as a successor to the Planning Commission … Continue reading

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Monetary Policy Of India And Economic Development

India, since liberalization in 1991, has depended on foreign institutional investment (FII) and foreign direct investment (FDI) to bulk up its foreign exchange reserves, even as it built its services exports sector that depends on outsourcing primarily from the United … Continue reading

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Sustainability: The Great Race In Asia

Two sleeping giants had been awakened by economic liberalization since the end of the Cold War. Both Asian, China and India, the world’s most and second most populous countries, began liberalizing their economies particularly after the fall of the Berlin … Continue reading

Posted in China, Hong Kong, Taiwan and Mongolia, Economics, South Asia: India, Pakistan, Bangladesh, Nepal, Bhutan, Burma and Sri Lanka, Transformations LLC | Leave a comment

India Importing Cotton Is An Example Of What Is Wrong With World Trade

Cotton has a long history in India. It is the crop which galvanized the independence movement against the British. The movement led by Gandhi to produce domestic cloth woven from domestic cotton and the boycott of cloth imports from Great … Continue reading

Posted in Economics, South Asia: India, Pakistan, Bangladesh, Nepal, Bhutan, Burma and Sri Lanka, Trade Policy, Transformations LLC | Leave a comment

The Indian Rupee And India’s Economic Development: Should India Emulate China?

Once again there is talk about the strength of the Indian rupee potentially hurting Indian exports because it has appreciated in the past few weeks relative to the U.S. dollar. “Should the Reserve Bank of India (RBI) intervene and if … Continue reading

Posted in China, Hong Kong, Taiwan and Mongolia, Economics, South Asia: India, Pakistan, Bangladesh, Nepal, Bhutan, Burma and Sri Lanka, Transformations LLC | Leave a comment