Monday, July 31, 2006
A bit of history on topics that currently rage on
Strategic Consequences of India’s Economic Performance
Academic Foundation (http://www.academicfoundation.com/)
The business of diplomacy and the diplomacy of business
Opinions about economics and politics don’t normally have a long shelf-life. While that fact may act as a dampener to the popularity of any compilation such as the one on hand, it should still be relevant to read a bit of history on topics that currently rage on.
For instance, Mr Jaswant Singh, who is caught in the mole avalanche he triggered, may be happy to read the essay on his famous doctrine on ‘tied’ foreign aid. Baru recounts how Denmark cut its aid to India when we went nuclear. “For over four decades accepting foreign aid had become a habit. Plan models had been built to show why we needed aid,” he notes. “Aid never comes easy. It always comes with conditionalities... Some countries are brazen in pushing their own agendas along with aid.”
Mr Jaswant Singh’s message was clear, chronicles Baru — that India is in no mood to cling on to “funds that are costly to administer and come with sermons, especially on national security.” Not something we have shaken off totally, if the US-India nuclear energy agreement is an example, though of a different kind of aid. In a report dated July 27, Forbes (www.forbes.com) cites the Prime Minister, Dr Manmohan Singh, that he has asked the US administration for assurances that the ‘goalposts are not tampered with.’