How economic uncertainty promotes reforms..

Well uncertainty has its virtues as well. Most politicians are seen to usher changes when times are tough and highly uncertain. This actually has become pretty much the wisdom in India. You have to wait for things to become really bad before changes start to happen. And most of the times, the changes are really simple but are pushed as big bang, that one ends up tearing his/her hair.

Alessandra Bonfiglioli and Gino Gancia have a piece on the topic:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: