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OPINION

The cost of a Modi election victory

News, Mihir Sharma, Published on 14/12/2018

» Many of us have long argued that, whatever its problems, India is one of the best long-term bets in the world for one simple reason: It has the sort of world-class institutions that can help build and sustain a genuine market economy. Sadly, many of those same institutions are being undermined by the country's own leaders -- most recently the Reserve Bank of India (RBI), which Prime Minister Narendra Modi appear intent on subjugating as part of his bid for reelection. Of all people, Mr Modi should recognise that no election victory is worth giving up on India's best chance at becoming a world-beating economy.

OPINION

Cape Town may soon run out of water

News, Mihir Sharma, Published on 25/01/2018

» April 22, Earth Day, might have a bit of extra significance this year. It might be the day that, for the first time, a great world city runs out of water.

OPINION

Don't expect young to save centrism

News, Mihir Sharma, Published on 16/05/2017

» At a victory rally for France's young new President Emmanuel Macron outside the Louvre last week, I was struck by the generational gap between the candidate and his most animated supporters.

OPINION

State can't fill India's dangerous investment gap

News, Mihir Sharma, Published on 25/10/2016

» India's celebrated position as the world's fastest-growing large economy conceals a dangerous weakness: too few people seem to want to invest there. Even by the government's growth figures, private investment is shrinking at an increasing pace -- by 1.9% between January and March and 3.1% between April and June.