Archive for November 5th, 2014

What the media missed reporting about Doing business rankings 2015…

November 5, 2014

These rankings which were meant to show how a country is faring in terms of ease of doing business has become a media event.

So media reported how India’s rankings have not improved despite some recent measures by the new government. Well, these things take time and are a long drawn process. There has to be  sustained effort to improve things. Just piece meal measures don’t work. And then most media reports missed that DB actually changed the way it ranked countries.

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25th anniversary of fall of Berlin Wall: How have countries that broke from USSR faring?

November 5, 2014

A superb post by Branko Milanovic, an inequality expert who worked at World Bank (his blog on inequality is really good and promising).

He looks at how these countries are faring and data shows nothing much has happened. The hyped convergence to west has been an illusion for most. Only in case of Poland has some kind of development and convergence happened:

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