Deflation – Japan’s First Big “D”

The Economist discussed the return of deflation in Japan (link). Meanwhile, the Bank of Japan has published an interesting publication of macroeconomic overview of the Japanese economy (link).

Dubai Fears Fade: Positive Economic Data Builds

What a difference a few days have made in the mainstream headlines.

Overblown concerns about Dubai defaults are quickly shifting to the into the shadows. On Tuesday clarity on the extent of the loan restructuring indicated that Dubai World likely would restructure debt worth $26 billion against earlier talk of a possible $59 billion . . . → Read More: Dubai Fears Fade: Positive Economic Data Builds

The Rise of Private Sector Education Service Producers in India

In India, in the fields of health and education, an impressive rise of a private ecosystem has come about. In these fields, the State has tried hard to get back in the game, particularly after the UPA won power in 2004. But the unwillingness of the State to undertake deeper reforms has meant that . . . → Read More: The Rise of Private Sector Education Service Producers in India