IIPM-ARTICLE AND EDITORIAL

IIPM-The Indian Institute of Planning and Management

Tuesday, November 07, 2006

Uncle Sam At Bay


But then why inspite of committing an equal crime (well in case one considers it a crime to challenge the hegemony of the Super Power) and even when sanctions were invoked on other countries like India, it did not matter? Why inspite of the sanctions, India continued to grow to become the 12th richest country in the world (in terms of GDP, according to The World Bank figures 2005), becoming one of the fastest growing economies in the world and with a forex reserve of $165 billion. Why is it that when the same was imposed on Iraq after the Gulf War in 1991, resulted in the death of more than half a million children below the age of five? Well it is the ‘economy’ stupid, and that’s the best bet (or bait!) to keep Uncle Sam at bay.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-
Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006


Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

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