Articles
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Overhauling Our Steel Frame
Economic Times, January 30, 2012
By Pradeep S Mehta
In one of our
seminars on regulatory issues, a gentleman suggested that we
should have a regulator of retail corruption who would set
standards of ‘fees’ and timelines to deliver what the system
should have done ab initio. He was of course referring to
simple issues like ration cards which cause a public pain.
Some laughed but I think there was merit in the suggestion
because corruption will not disappear, whether we have
empowered Lokpal or Lokayuktas in our States. It is like a
man eating tiger, who having tasted the human blood, will
not stop at doing so even if it is faced with the threat of
being eliminated. Many of our babus are like man eating
tigers, and not even afraid of being eliminated. The way
forward is to tackle the causes of the corruption so that
the menace is curbed
.
More...
Global problems & solutions
The Financial Express,
January 13, 2012
By Pradeep S Mehta
Interactions
between trade and competition could not be more intimate
than they are today, when countries the world over are
getting severely affected by the volatility of trade in
primary commodities. The major commodity spike of 2007-08
sent alarm bells ringing when the prices of many primary
goods doubled from what they had been not so long ago. Much
of this fluctuation may be explained through the simple
economics of demand and supply, while managing supply side
failures is critical to restore some sense in the market.
One such management issue is that of the inability of
trading nations to deal with rampant anticompetitive
practices, especially when the importing countries pay
heavily for anticompetitive practices exempted by exporting
countries’ competition laws. A case in point here is the
global potash fertiliser export cartel.
More...
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See Also
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The Post Online,
January 07, 2011
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