Archive for August 10th, 2012

India’s Olympics glory model and similarities to growth model..

August 10, 2012

This is an old article by Rajdeep Sardesai and was publishde just when Olympics started (27-Jul-12). I just keep forgetting to mention it.

He was much hopeful of India shining during these Olympics. His hopes looked optimistic initially but has been sort of matched as times moved.  It has been a mixed bag so far. India has the  highest medal tally of 4 medals (as on 10-Aug-12) in its Olympic history. However, there has been no gold so far (1 silver and 3 bronze) where as in Beijing we had 3 medals which had one gold. Some big names have performed and some could not deliver.    Anyways, I leave that to experts to decide..

Sardesai points to three models of Olympics fame:

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Planning Commission’s 3 scenarios for India..

August 10, 2012

A new report put up on PlanCom’s website (heavy file). As the report content cannot be extracted, hence just covering key ideas.

It says India needs new plan to make growth more inclusive and sustainable. The future planning should depart from old structures of thinking and planning. India’s future depends on the ideas and policies we shape now. If we continue with status-quo, there are dangers that Indian economy will slip further.

Hence, there is a need for scenario thinking on where India could be provided we choose certain ideas and policies. These are not predictions but just possible outlooks. All three are nicely explained via the example of boats (flotilla) in sea (resembling the global environment which is very volatile):

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How a train ride confirmed Dallas as 11th Regional Fed…

August 10, 2012

An amazing speech by Richard Fisher, Head of Dallas Fed. He speaks on the history of Dallas Fed and how Dallas became a place for one of the regional Feds amidst stiff competition.

In 1913 when Fed was formed, talks began on which cities will become regional Fed members:

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What happened to Europe? Amartya Sen’s version

August 10, 2012

The experts keep chipping in on European crisis giving their own perspective based on their speciality.

Prof. Amartya Sen chips in this time giving his perspective from a social angle (HT: Browser.com).

He begins really well with an amazing quote:

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