Archive for August 26th, 2015

What does the public know about monetary policy?

August 26, 2015

Carin van der Cruijsen, David-Jan Jansen, Jakob de Haan have a piece on how central banks can improve their communications with the public.

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Case of Ecuador, Kazakhistan etc..

August 26, 2015

Where decline in oil/commodity prices is a huge boost for Indian economy, it is leading to serious troubles for others:

 

Discussing the not-so-glamorous under-belly of India’s e-commerce system

August 26, 2015

One big problem of analysing what makes a sector/company successful is that the analysis leaves the very people which are behind the success. Much of the credit goes to some CEO/leader who has shaped the organisation. But the real people are broadly ignored.

This is much like the literature which looks at empires and kings as well. Certain emperors are eulogized over others for their grand plans and victories. But no one looks at the conditions of foot soldiers during the rule. And when these details are looked into, we realise none of the great emperors/kings were as great as they were made out to be. Most of them even ignored the basic human conditions of their armies.  Wars were won over the cost of many such people who either did not have voices or were crushed.

Just a few days ago, there was this article which investigated the crazy work culture of Amazon. They seem to have surpassed the Wall Street culture which one thought was impossible to beat. Reading such pieces makes you wonder the behind the scene activity of this highly efficient e-commerce enterprise.

And then Amazon is not alone in the game.

Gulzar points to this interesting article on the underbelly of Indian e-commerce. We keep celebrating the founders of these companies. The attention is mostly on their branded degrees and the market valuation of these companies. But hardly probe deeper on what makes these places tick. In this case, delivery boys play a crucial role and like the Amazon people have a crazy work-life balance as well. Where Amazon people have to climb the wall  on hitting it, the delivery boys have to climb through Indian traffic.

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