tag:blogger.com,1999:blog-349297752012-01-29T18:29:40.105+05:30GlobeWatchAn Asian perspective on happenings in the 'Global Village'. Commentary on Politics, Economy, Technology and things that affect our world. From India to America, Japan to Europe, China to Africa ..rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.comBlogger301100tag:blogger.com,1999:blog-34929775.post-79737851717237490882007-06-05T11:24:00.000+05:302007-06-05T11:29:10.213+05:30Moody's ReportAsian Crisis - Lessons Learnt and Not Learnt The Asian crisis, which broke out a decade ago, taught observers many lessons but also raised questions that either have uncertain answers or have yet to be answered at all, says Moody's Investors Service in a new report as part of its "International Policy Perspectives" series. The report, entitled "The Asian crisis: what we know, what rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com17tag:blogger.com,1999:blog-34929775.post-9193229657201520922007-06-04T14:51:00.000+05:302007-06-04T14:53:16.680+05:30The Bangalores of EuropeEastern Europe emerging as outsourcing centreThe United States may turn to India to fill its call-center jobs and the like. But Western Europe is turning more frequently these days to its own backyard, transforming a few urban centers of the former Communist bloc into the Bangalores of Europe.Countries in Central and Eastern Europe are offering outsourcing avenues for rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com1tag:blogger.com,1999:blog-34929775.post-86839522568982910442007-04-27T16:56:00.000+05:302007-04-27T17:07:01.975+05:30Why is US afraid of China?What does China’s emergence as a major power mean for the power equations on the global stage? What are the implications for the global leadership of the United States? Why is the US threatened by China’s ascendence and what are the options before it?According to a task force under the auspices of the US Council on Foreign Relations, US needs to adopt a much broader and rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com4tag:blogger.com,1999:blog-34929775.post-63426393624027485272007-02-27T07:16:00.000+05:302007-03-06T22:25:13.208+05:30Taiwan post..of 'sino-cism' and 'de-sinicisation'Taiwan government is pursuing a drive to remove references to 'China' or 'Chinese' from the names of state owned companies, in an attempt to assert a stronger Taiwanese identity. There have been a spate of name changes recently and some more may be in the offing. Chinese Petroleum Corp has become CPC Corp, Taiwan, while China Shipbuilding Corp has rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com5tag:blogger.com,1999:blog-34929775.post-38184544642674389732007-02-21T13:34:00.000+05:302007-02-21T13:57:20.602+05:30DARE TO DIFFER !!Comments, discussions, debates, different points of view - these are an integral part of a blog. I am grateful to all of my readers who have commented on my posts and shared their views. I am going to give a link to their blogs here (they are not in any particular order).Tanguy (Local Lingo) Sanketh Adiga (Freelancer Online) Dr. Ashok Dhamija (A few weird thoughts) Alex M Thomas rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com2tag:blogger.com,1999:blog-34929775.post-7511226737452077862007-02-21T01:42:00.000+05:302007-02-21T01:49:45.400+05:30What can IT Industry do for India?IT industry's contribution to the resurgence of India as a major economic power on the global stage need not be over-emphasised. What can it do for the transformation of Indian society? And, why should we burden the industry with a 'social obligation' ? Why should it be expected to do more than what happens automatically from its normal business operations ?Theserupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com1tag:blogger.com,1999:blog-34929775.post-35307670989112201972007-02-19T18:38:00.000+05:302007-02-20T01:34:51.005+05:30Strong Q4 Growth in Japan, Doubts Still PersistJapan's economy has posted better than expected growth in the last three months of 2006. The annual rate of 4.8% recorded in the quarter is the fastest rate in almost three years and has been driven by resurgent consumer spending and capital investment in factories and equipment. Consumption, which makes up more than half of Japan's gross domestic rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-50210071268191720632007-02-18T19:45:00.000+05:302007-02-18T19:57:52.394+05:30The Surging Inflation - Other Views India growth story is hot. And, so are the debates on soaring prices and overheating. As the government is trying its best to dowse the inflation and the political heat it has generated (and RBI doing its part on the monetary side), I decided to check out what the blogging community is saying on this. Are rising prices a necessary side-effect of high growth rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-3047049752470951592007-02-18T11:11:00.000+05:302007-02-18T11:24:09.346+05:30Inflation defies monetary and fiscal measures, uptick continuesThe annual wholesale price index-based inflation continued its upward march, touching 6.73 per cent for the week ended February 3, up from the previous week's 6.58 per cent. The contributory factors remain the same - pulses, cereals, vegetables and non-vegetarian food articles within primary articles, besides Manufactured Products rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com4tag:blogger.com,1999:blog-34929775.post-70283237026030490172007-02-08T22:36:00.000+05:302007-02-18T20:00:32.726+05:30THE NEW HINDU RATE OF GROWTHIndian economy is on a high growth trajectoryCSO has upped the FY07 growth forecast to 9.2%Indian economy is expected to grow by 9.2% in the current financial year ending March 2007, driven by robust growth in manufacturing and services sectors.This will be the fastest rate in 18 years and follows a strong 9% growth in the previous year, according to the Central rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-11657082453548331102007-02-04T01:03:00.000+05:302007-02-04T01:12:15.468+05:30Impact of rating upgrade by S&PS&P has raised India's sovereign debt rating to investment grade in view of the country's strong economic outlook, its rising foreign exchange reserves and the depth of financial markets.The Indian economy has registered an average growth of over 8 percent in the past three years and is expected to grow at a record 9 percent in the current fiscal year ending March rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-34844632698242855112007-02-03T23:27:00.000+05:302007-02-03T23:36:12.702+05:30India's Mobile Revolution - the Great LevelerThe story of growth of mobile networks in India is nothing but revolutionary. The booming Indian telecom industry is adding over six million mobile connections every month and it is connecting various sections of society like taxi drivers, paanwallahs, farmers, fisherfolk.Shashi Tharoor in a recent article published in International Herald Tribune saysrupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-73757221719772912482007-01-29T00:13:00.000+05:302007-01-29T00:28:57.883+05:30ABC of SEZThe controversies surrounding the special economic zones refuse to go, as the land acquisition and rehabilitation issues continue to haunt. Government has now decided to put on hold clearances for new SEZs until new a rehabilitation policy is in place. A Times of India editorial on the subject (Jan 20, 2007). The Centre has been forced to put on hold clearances for new special economicrupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com3tag:blogger.com,1999:blog-34929775.post-63318240485454045352007-01-29T00:01:00.000+05:302007-01-29T00:02:51.234+05:30China’s red hot growth continuesChina's economy expanded by 10.7% in 2006, topping the 10.4% growth recorded a year earlier and marking the fastest growth since 1995 and fourth consecutive year of double digit growth. The stronger-than-expected growth was largely fuelled by booming exports, stronger retail sales, a manufacturing boom and huge investments in new buildings, roads and cities. There rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com5tag:blogger.com,1999:blog-34929775.post-91864788133132988612007-01-28T22:06:00.000+05:302007-02-06T22:42:36.791+05:30BRIC by BRIC – Tier II Emerging MarketsEmerging markets have been the darling of portfolio and foreign direct investors in recent times, with the whole world recognising their growing importance in the global economy. Particularly, the so-called BRIC economies - Brazil, Russia, India and China – have attracted the lion’s share of investment inflows. The term BRICs which caught the imagination of rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com2tag:blogger.com,1999:blog-34929775.post-30366207629124388092007-01-21T22:50:00.000+05:302007-01-21T23:02:15.089+05:30Hong Kong is the world's freest economyHong Kong has been ranked as the world's freest economy for 13th year in a row by the Heritage Foundation because of its low taxes, openness to investment and lack of trade tariffs. The Asia–Pacific region is home to the top three economies on the index of economic freedom, with Singapore and Australia occupying the second and third positions respectively. rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-57258996242902139142007-01-21T22:23:00.000+05:302007-01-21T22:25:37.691+05:30Bank of Japan's assessment of economic & financial developmentsThe Bank of Japan’s policy board in its two-day meeting that concluded on 18th January decided, in a 6-3 vote, to keep its benchmark interest rate steady at 0.25 percent. This was seen as an apparent about-turn from the recent public remarks made by the bank authorities giving the impression that a rate hike was imminent. The decisionrupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-59386715667543755342007-01-01T16:31:00.000+05:302007-01-22T21:57:19.857+05:30India in 2007 – My Wish List(1) PC & MS – May god give you the strength to work towards making India a developed economy without succumbing to the pressures from left partners and the temptations of populist politics.(2) Corporate India – Let the good numbers continue to pour in. Let there be more global takeovers. But don't fall prey to nationalistic feelings; let the business and strategic rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com1tag:blogger.com,1999:blog-34929775.post-48399585084376106712006-12-31T17:38:00.000+05:302007-01-19T23:38:48.301+05:30Japan to Shed its Nuclear Abstinence?The Japanese government recently commissioned a study to look into the possibility of developing indigenous nuclear warheads, according to a newspaper report. Findings of the study were, however, disappointing as the effort and investment required to produce nuclear warheads have been estimated to be far more than earlier believed.According to the Sankei rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-39963031971992349572006-12-31T11:24:00.000+05:302006-12-31T12:04:49.179+05:30Google's Top 10 Searches for 2006Google's list of top 10 searches in 2006 includes usual suspects like myspace, wikipedia, but also some unusual terms like "bebo". The list came in for some criticism for including fairly unlikely terms (for example, “Bebo” at the top of the list). The raised eyeborws forced Google to come out with a clarification on how the list is complied and what it representsrupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-3365619363474592942006-12-31T11:18:00.000+05:302006-12-31T11:23:41.608+05:30Top 10 Entertainment Stories of 2006 from CNNAfter TIME recognized the explosive growth and influence of user generated content and role of individuals in transforming the information age by naming ‘You’ as the "Person of the Year", CNN.Com has judged the “ubiquitous YouTube, MySpace, etc.” as its top entertainment story of 2006. In its list of top 10 entertainment stories, CNN has said that rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-66413508488005709372006-12-17T22:07:00.000+05:302007-01-19T23:39:50.866+05:30Rising nationalism in Japan - history re-visited?If last decade of the 20th century marked the 'end of history', is the first decade of this century going to be one of ‘history re-visited’? Rising nationalism in Japan is a trend that has largely been ignored in the contemporary world's obsession with the wars being fought in the name of religion. Or, is it too early to call it a trend?Japan is rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-1162305169130737612006-10-31T19:47:00.000+05:302007-01-19T23:47:09.335+05:30Euphoria, mad rush, and ............. crisis ?The biggest-ever initial public offering completed recently by ICBC, China's largest bank, has brought into focus the problems facing the Chinese banking system, as the euphoria evaporates. According to analysts, reforms in the banking system are a long way from completion and Chinese lenders may be headed towards a crisis if a culture of risk rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-1160921009358538572006-10-15T19:18:00.000+05:302007-01-19T23:51:16.292+05:30Why are Chinese banks hot?The huge interest shown by overseas investors in the initial public offering of the Industrial and Commercial Bank of China (ICBC) highlights the scramble to gain a foothold into the Chinese banking system. ICBC is the largest bank of China and its IPO is all set to become the world's biggest IPO. ICBC plans to debut in Hong Kong and Shanghai on Oct. 27 - the first IPO rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com2tag:blogger.com,1999:blog-34929775.post-1160892657426717892006-10-15T11:30:00.000+05:302007-01-22T21:58:04.121+05:30Future of Internet – Towards Balkanisation?Experts have warned that internet could one day be broken up into separate networks around the world. According to a BBC report, Nitin Desai, ‘a leading light in the development of the net’ and chairman of the Internet Governance Forum (IGF), warned that concerns over the net's future could lead to separation and a 'Balkanisation' of the net. He was rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-1160888783818570702006-10-15T10:30:00.000+05:302007-03-07T21:32:44.822+05:30THE ABC OF SEZWhat is Special about SEZs, China's experience, the Indian experiment, the politics and the economics ...A Special Economic Zone (SEZ) is a geographical region where economic laws are more liberal than a country's typical economic laws. SEZs are set up with a view to increasing investments – typically foreign investments - and promoting exports, by offering privileged trading terms.rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com10tag:blogger.com,1999:blog-34929775.post-1160471795142451892006-10-10T14:42:00.000+05:302006-11-11T18:02:21.946+05:30Putting people into economic modelsAmerican economist Edmund S. Phelps has won this year’s Nobel Prize in Economics for his work on the trade-offs between unemployment and inflation. The prize represents a return to a more traditional economic approach, after last year's award to game theorists Thomas Schelling and Robert Aumann.The Royal Swedish Academy of Sciences said his work had "deepened rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-1160316861813433192006-10-08T19:25:00.000+05:302007-03-07T21:29:54.501+05:30Who is afraid of SEZs? It’s not just Sonia Gandhi who is worried about the development of Special Economic Zones (SEZs) in India and its immediate political fallout. The debate on SEZs is getting hotter and hotter with criticism coming in from various quarters, including the Finance Ministry and the Reserve Bank of India. Even Prime Minister Manmohan Singh recently asked the states, without rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-1160112096688520872006-10-06T10:43:00.000+05:302007-03-07T22:21:48.962+05:30Bangkok Bomb - the Coup and the Road AheadAs the newly ‘appointed’ prime minister, retired Army General Surayud Chulanont has assumed office in Thailand, the world is eagerly watching as to what lies ahead for the young Asian democracy. General Surayud replaces Thaksin Shinawatra, who was ousted in absentia in a bloodless coup over charges of corruption, shady business deals and abuse of power. rupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0tag:blogger.com,1999:blog-34929775.post-1159624143520079972006-09-30T19:18:00.000+05:302007-03-07T22:06:10.870+05:30Japan's New PM....... What will be new?He is the country’s youngest prime minister since the Second World War, the first to be born after the war and scion of one of the most powerful political families. As Junichiro Koizumi, one of the most powerful politicians in post-war Japan has passed on the baton to Shinzo Abe, there are curious questions on ‘newness’ and ‘continuity’.What will “Japan, therupwaliaktiwarihttp://www.blogger.com/profile/15300936299376974841noreply@blogger.com0