Showing 1 - 10 of 13
India needs more leaders like Manmohan Singh
News, Mihir Sharma, Published on 10/04/2024
» Almost 10 years after he gave way to Narendra Modi as prime minister of India, Manmohan Singh retired last week from public life. During his long career, Mr Singh also served as chief economist, central bank governor, finance minister, and foreign minister. Although he disappointed many who hoped he would accomplish more, India today owes much of its success to the reforms he implemented.
What Modi has figured out that Trump never has
News, Mihir Sharma, Published on 21/03/2024
» Excitement and uncertainty used to accompany general elections in India. Polls swung back and forth, coalitions formed and reformed, analysts dissected policy platforms and assessed the prospects of hundreds of individual candidates. As India embarked on its 18th general election campaign on Tuesday, there is no electricity in the air. It is hard to find anyone who believes Prime Minister Narendra Modi will lose his bid for a third term in office.
Modi needs to have less power, not more of it
News, Mihir Sharma, Published on 23/05/2019
» India's long and exhausting general election is almost over. One of its casualties has been the reputation of the Election Commission of India, the constitutionally independent body that oversees the polls.
Politics as usual in India again
News, Mihir Sharma, Published on 05/02/2019
» India's Prime Minister Narendra Modi is in a spot of trouble. He has to face reelection in a few months amid growing dissatisfaction with his government's performance; he's likely to use every lever available to eke out a win. One such lever, unfortunately, was the interim federal budget that his lame-duck government presented last week, to keep official machinery running till the next government can come in with a mandate and make decisions about taxation and spending. As many of us feared, Mr Modi broke with bipartisan convention: He used the occasion essentially to launch his election appeal to India's voters. And, unfortunately, it's one that they have heard before.
Tarnishing a developing-world star
News, Mihir Sharma, Published on 04/01/2019
» Bangladesh under Prime Minister Sheikh Hasina looks like a developing-world success story. Last year, its economy grew at close to 8% a year, faster than its neighbour India's. Its human development indicators, as Nobel Prize-winning economist Amartya Sen is fond of pointing out, are even better than its income level would indicate.
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.
Imran Khan's election presents a global dilemma
News, Mihir Sharma, Published on 01/08/2018
» The cricketer-turned-politician Imran Khan has finally been accepted as Pakistan's next prime minister. I say "finally" because the election commission managed to add to widespread concerns about the elections by inexplicably delaying its announcement of the outcome.
Pakistan's army takes on wrong fight
News, Mihir Sharma, Published on 16/07/2018
» Nawaz Sharif -- dodgy businessman, convicted criminal and thrice prime minister of Pakistan -- showed on Friday, in his triumphant return to Pakistan, that he remains by far the country's most popular politician. Infuriatingly, he also represents Pakistan's best chance at becoming a "normal" country anytime soon. As he fights what looks very much like an attempt by the military to decide the next election, the rest of us should hope he succeeds.
Does Modi deserve a second term?
News, Mihir Sharma, Published on 30/05/2018
» Four years ago this week, Narendra Modi was sworn in as India's prime minister amid the kind of excitement and expectation not seen in decades. Not for 30 years had a single party won an electoral majority. Mr Modi's success, his rhetoric and his background all seemed like a decisive break with India's past.
Bad advice is driving India's bulls
News, Mihir Sharma, Published on 15/09/2017
» India's economy is not doing as well as many had hoped. Growth has been slowing for several quarters, and even if there's a slight recovery in coming quarters, the signs for the medium term aren't propitious.