Posts Tagged ‘India’

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    Indian Protests Fueled By Gas Price Hike

    Jul 11, 10 • 103 Views • Demand, Supply, and Markets, Developing Economies, International Trade and FinanceNo Comments

    A government decision to stop subsidizing gasoline prices in India fueled protests last week. The subsidy cost the indian government 2.5% of its budget ($5.5 billion). Now, with prices responding to the market, the record high deficit can drop....

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    Transportation Matters

    Jun 17, 10 • 101 Views • Economic History, Macroeconomic MeasurementNo Comments

    Reading about India’s inadequate railway system, I thought about the Erie Canal. Currently, massive freight containers that took four or five days to travel from Singapore to Mumbai will then take 28 days to reach New Delhi because trains and tracks are...

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    Change in India

    May 3, 10 • 115 Views • Developing Economies, Financial MarketsNo Comments

    Hey Everyone My name is Ilya Sabnani. I am currently a sophomore at Princeton majoring in Economics with certificates in Environmental Studies and South Asia Studies. I’m guest blogging about social and economic change in India. This past fall, I had...

  • The Best Places to Start a Business

    Jan 1, 10 • 97 Views • Thinking EconomicallyNo Comments

    Timothy Taylor, in his Teaching Company course, “America and the New Global Economy,” says that Mahatma Gandhi wanted farms and businesses to remain small so that there would be no exploitation. After Gandhi, the business climate remained...