Archive for April 26th, 2018

Urban Transport Planning in Bengaluru: A Polycentric Governance System

April 26, 2018

Any ideas to figure and ease Bangalore/Bengaluru’s transport system are hugely welcome.

In this paper, Vivek Vaidyanathan and Sujaya Rathi look at governance systems for transport:

Transport planning in Bengaluru is characterised by institutional fragmentation, increasing private modes of transport, and questionable investment decisions in the transport sector. What are the possibilities of implementing a polycentric governance system in such a city? Answering this question requires exploring the characteristics of polycentric governance systems as part of the larger discourse in institutional economics and reflecting upon how far Bengaluru satisfies such characteristics and where changes may be required.



Was Cairo’s grand opera house a tool of cultural imperialism?

April 26, 2018

Fascinating piece by Adam Mestyan, History Prof at Duke University:

The new Royal Opera House Muscat in Oman and the brand new Louvre Museum in Abu Dhabi revive vital questions. Are these new institutions instruments of Western domination, or are such cultural spaces compatible with Muslim social life? The theorist Edward Said argued that Cairo’s Khedivial Opera House was a folly and that Aida was a colonial opera. His book Culture and Imperialism (1993) very nearly equated European culture with European rule. Ever since, this idea about the cultural component of imperialism has played a dominant role in scholarship on empire. While a number of opera experts have since rejected the label of ‘colonial opera’, the idea of culture as a domain of imperialism and colonialism remains important in scholarship. Following Said’s logic, we should conclude that today’s new cultural institutions in the Gulf are representative of Western domination. But the question is an empirical one, and history tells us a more subtle and interesting story.


35 years of Diamond-Dybvig model of bank runs

April 26, 2018

Nice interview of Prof Dybvig where he narrates how the model was built and its implications..

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