This article from the Economist provides some insights about the British Imperialism that had ruled India, during the glory days when the sun never set on the empire.
Economists are studying and theorising why under the Imperial Rule, some countries succeeded while others failed. The current favourite is theme is that those that have succeeded had strong “institutions”.
In rich economies institutions—meaning the formal laws and unwritten rules that govern society—function rather well on the whole. In poor ones they don't. That much is indisputable.
In a speech last year at Oxford University, Manmohan Singh, India's prime minister, acknowledged a few “beneficial consequences” of India's years under British rule, including its free press, its civil service and its “notion” of the rule of law.
But the Indian Prime Minister also pointed out a biting irony. India, one of the world's biggest economies in 1700, was impoverished by the time the British left India.
technorati tags: India, Britain, Institutions.
Sabtu, 04 November 2006
Jumat, 03 November 2006
Halloween becoming more gory
Halloween is a peculiar annual celebration beleived to have started in Ireland. Some people claim that it reflects a kind of demon worship.
The custom of Halloween was brought to America by Irish immigrants and now 31st October is marked as the Halloween Day. This is the time when children dress in different costumes ranging from fancy to bizzare to outrageous.
A Brooklyn high school student caused a stir this Halloween when he showed up for class dressed as Adolf Hitler. Walter Petryk, 16, defended his costume Tuesday, insisting it was a satire of the Nazi dictator.
School administrators ordered the junior honors student to remove his beige coat bearing a red swastika armband but Petryk refused, saying his parody was protected by his right to freedom of expression.
Sadly, in this particular case, the freedom of expression to look-alike Nazi Hitler who has killed 6 million Jews, is a reflection of insensivity and poor taste.
The custom of Halloween was brought to America by Irish immigrants and now 31st October is marked as the Halloween Day. This is the time when children dress in different costumes ranging from fancy to bizzare to outrageous.
A Brooklyn high school student caused a stir this Halloween when he showed up for class dressed as Adolf Hitler. Walter Petryk, 16, defended his costume Tuesday, insisting it was a satire of the Nazi dictator.
School administrators ordered the junior honors student to remove his beige coat bearing a red swastika armband but Petryk refused, saying his parody was protected by his right to freedom of expression.
Sadly, in this particular case, the freedom of expression to look-alike Nazi Hitler who has killed 6 million Jews, is a reflection of insensivity and poor taste.
Kamis, 02 November 2006
Money and what else can buy success.. for ICC
Lalit Modi, the vice-president of the Indian board (BCCI), has criticised the The International Cricket Council, ICC for selling its marketing rights and has said that the BCCI's bid to acquire those rights for the period between 2008 and 2015 was aimed at offering world cricket a better deal, in terms of both finances and players' interests.
ICC's chief executive Malcom Speed, while refusing to be drawn into the specifics of criticism has said that success of sports organisations are judged on the basis of three things:
1. How the team performs.
2. How the board looks after its stake-holders in terms of facilities on the grounds, and
3. How well they use resources like population to produce great cricketers.
Looking at these three things ICC has failed to look after stake-holders interests and that is the reason why Indian Board has to get involved to protect their interest better.
ICC's chief executive Malcom Speed, while refusing to be drawn into the specifics of criticism has said that success of sports organisations are judged on the basis of three things:
1. How the team performs.
2. How the board looks after its stake-holders in terms of facilities on the grounds, and
3. How well they use resources like population to produce great cricketers.
Looking at these three things ICC has failed to look after stake-holders interests and that is the reason why Indian Board has to get involved to protect their interest better.
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