OPINION
EDITORIAL
The Monday mayhem
THE STOCK MARKET meltdown second trading day running suggests that while the voting public may have reposed their faith in a Congress-Left ruling alliance at the Centre, investors clearly do not share this enthusiasm and are, if anything, ...
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ECONOMY
West Bengal economy: A not-so-rosy picture
WITH the Left parties being the major ally of the new Congress-led government at the Centre, it is but natural that they will have a major say in economic policy-making. To gauge the likely fallout of their influence, ...
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Economic parodies
"SLUM dwellers swell even as number of slums shrink." Is this typical of the assessment of economists on different issues? What else accounts for numerous variations of the popular jibe "where there are ...
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POLITICS
New government — Challenges of stability, credibility
No government has faced such a severe challenge to its stability and credibility as the one about to take charge. The disparate political entities need to do much to inspire the confidence that they will work in unison for the next five years. Will t he government emerge unscathed onto broad sunlit uplands or go the way of the Janata Government, but after doing much harm to the polity, wonders B. S. Raghavan.
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A time to introspect
It would be inaccurate to look at the support that Mr Chandrababu Naidu's received as something borne out of sheer naivete. This section of the Indian elite genuinely believed he was a role model for the country's future politicians. Yet, all the mon ey that Mr Chandrababu Naidu received from New Delhi by arm-twisting the outgoing National Democratic Alliance did not help him win the support of his people.
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STOCK MARKETS
Democracy and the markets
The stock market slide has been presented as a reaction to the possible economic agenda of the new government. But in this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh argue that any attempts to shape policies only to keep finance happy would be neither democratic nor necessary for economic growth.
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LETTERS
EU expansion
Improving governance
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