‘The Post American World’ is disappointing…

Fareed Zakaria’s latest release ‘The Post American World’ is a disappointing study. I expected a lot from a scholar of his stature. Fareed talks about ‘The Rise of the Rest’ but got stuck with China and India. There is no mention of the rising importance of a country like Australia, a major raw material supplier [...]

America must change it’s consumption habits…

America is the richest country on the planet with more than 25 percent of the world’s GDP (Gross Domestic Product) and only 5 percent of the global population. The problem is that it consumes far more than it produces and has tremendous capacity to borrow. This excessive consumption and borrowing has pushed the value of [...]

BRIC theory is profoundly flawed…

BRICs theory was first introduced by Jim O’Neill, managing director of Goldman Sachs (investment bank) in 2003. The four BRIC countries are, Brazil, Russia, India and China. The Goldman Sachs’ thesis contemplated that the economies of the BRICs are rapidly developing and by 2050 will eclipse most of the current richest countries of the world. [...]

Successful Doha Round is highly unlikely!

Notwithstanding President Bush’s bold pronouncements, successful Doha Round is highly unlikely. It is not because he lacks the commitment, but the political environment has changed so dramatically that any reasonable accommodation on either side is virtually impossible. With the expiration of ‘Trade Promotion Authority’ on June 30, 2007, the US Congress has denied the President, [...]

The American Presidency – A job too big…

No single person, no special group and no single party is big enough to preside over a $14 trillion economy and a world of 6.5 billion people. Just think about it. The domestic challenges are too big to handle without the support of the opposition party. The international challenges are just beyond human imagination. This [...]

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