Decentralize to empower the bottom of the income pyramid

Over the last three decades, it has become customary to disregard the fears of the “little woman” at the bottom of the income pyramid, as mere misinformed or worse—unenlightened, unreasonable insecurity. Unrequited love for markets After all, markets, if regulated appropriately, have delivered wonderfully and poorer economies have benefited more than developed ones. South Asian […]

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Will Ashraf Ghani be Afghanistan’s Manmohan Singh?

(photocredit: dnaindia.com) It is unlikely that the national coalition in Afghanistan, which the US has stitched together, will last. More likely, the Unity Government provides a convenient cover of artificially generated “peace” allowing the US to withdraw, with “honour”, from the “graveyard of invaders”. Once it leaves, the US shall make all efforts to secure […]

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