Interesting readings

Sanjaya Baru in the Business Standard on India’s relationship with Taiwan.

I added Monsoon: The Indian Ocean and the Future of American Power by Robert D. Kaplan to my suggested India bookshelf. It is a truly fabulous book.

Sanjay Banerji in Business World on how socialism went wrong in Bengal.

Minxin Pei has an excellent note on the CASI website titled Dangerous misperceptions: Chinese views of India’s rise.

On 16 May, I had written a collection of links titled A new low for Indian economic policy. This story has evolved badly.

Today, the Economic Times has reported a set of accusations by K. M. Abraham.

SEBI’s autonomy is under attack by Mobis Philipose in Mint.

Mahua Venkatesh in the Hindustan Times.

Editorial, titled India’s wobbly regulators in the Mint.

Govt influencing selection of UTI AMC head, alleges T Rowe by Shaji Vikraman and Sangita Mehta in the Economic Times and Why North Block can’t do without Omita Paul by Sruthijith KK, in the Economic Times.

A troubling upheaval in SEBI is in the works. After the departure of C. B. Bhave, we are now facing the departure of K. M. Abraham, M. Sahoo, J. N. Gupta, K. N. Vaidyanathan, J. Ranganayakulu and Pradnya Saravade. These individuals were of essence to SEBI’s remarkable performance in recent years, and will be very hard to replace.

Striking the right keys by Vikram Doctor and Kalyan Parbat, in the Economic Times.

`Coke Studio’ is an impressive concept in innovative music that’s run by the American corporation, Coca Cola, in Pakistan. A precis
on Wikipedia, and here’s their web page. This is an interesting future for music: All the music is freely downloadable. And now, they
are bringing this to India
.

Google street view will now come to India.

The uncommon experience of reading high quality thinking on Indian macro in the press: Keerthik Sasidharan.

For all of us interested in Satyam, here’s a fascinating story about the fraud at Longtop Financial Technologies, a Chinese firm, which was similar to Satyam in many ways.

I did an interview for IFMR Blog on India’s financial architecture. Here is the interview in text and the audio.

Siddhartha Deb has a fascinating profile of IIPM and Arindam Chaudhuri in Caravan magazine.

Mahesh Vyas analyses the CMIE Capex database for insights about emerging trends in investment (in the Financial Express).

Martin Feldstein evaluates the scary things that Greece has to now pull off.

Tina Rosenberg, in New York magazine, tells the story of the world’s first person who had AIDS and was cured.

Interesting Readings for June 3, 2010

C. Raja Mohan in The American Interest on India’s strategic directions.

A Reuters report on how Pakistanis are responding to the global backlash against Pakistan.

Writing in the Wall Street Journal, Matt Ridley has some great insights into economic development.

M. K. Venu on corruption in Indian telecom.

Sanjeev Sanyal in the Business Standard on how to think about the role of the university in the city.

When Israel graduated into OECD, it got dropped from the MSCI Emerging Markets index, which helped India gain a bit of weight there.

Economic Opportunities and Gender Differences in Human Capital: Experimental Evidence for India by Robert T. Jensen finds that when the BPO industry brings economic opportunities to women in India, this positively impacts investments in girls – who are more likely to gain body mass and go to school.

The global university and the future of human capital by Andrew Kelly in The American.

Thailand’s grief: Thomas Fuller in the New York Times, a set of pictures at boston.com, and another one.

How to save the news by James Fallows in the Atlantic magazine: an important article that everyone interested in the future of newspapers should read.

5 Ways Steve Ballmer Can Save Microsoft’s Mobile Bacon by Galen Gruman: A careful and thorough guide to Microsoft about how to come back into the mobile phone game.

Robert Samuelson says the story of Greece tells us something about the sustainability of the European-style welfare state. Martin Feldstein has a suggestion for how to achieve fiscal prudence in Europe (and by analogy, in India). Also see Feldstein on the Euro crisis.

Taiwan got their corporate income tax rate down to 17%.