Cato’s Economic Freedom Index 2005

Have India and China improved their economic freedom ratings? The Cato Institute has released the latest international economic freedom rankings (for year 2003). While it is clear that most of India’s neighbours slipped in this year’s rankings, India’s own position is not as clear. For example, while Cato’s EFW 2004 ranks India at number 68 … Continue reading “Cato’s Economic Freedom Index 2005”

Correlating peace and freedom

The most free countries are the most peaceful, the least free ones are the most violent. But we can’t say much about the in-betweens On the initiative of Steve Killelea, the Economist Intelligence Unit has compiled a Global Peace Index (GPI), ‘ranking 121 countries’ according to their relative states of peace. It defines ‘peace’ not … Continue reading “Correlating peace and freedom”

Rating freedom in South Asian countries

From the ‘Michelin guide to democracy’s development’ Freedom House has published its annual ranking of countries based on political rights and civil liberties. (via Transition Trends) Of the seven SAARC countries, three countries are designated ‘not free’ and three ‘partly free’. Only one country, India, is considered ‘free’. Interestingly, the Freedom House survey covers ‘disputed’ … Continue reading “Rating freedom in South Asian countries”

Human Development Index 2004

Economic freedom is as important as cultural and political freedoms The UN Development Project released its Human Development Report; as usual, India and the countries in its immediate neighbourhood vied for places in the bottom half. Country       HDI Rank       Typical Reaction Maldives 84 Sri Lanka 96 India 127 Self-congratulatory on cultural diversity but silent on … Continue reading “Human Development Index 2004”

Economic Freedom and Human Development go together too

I was thinking of following up on my recent post on globalisation by examining the relationship between economic freedom and quality of life when Raj Cherubal commented that economic freedom and human development are correlated too. I used data from the United Nation’s Human Development Index 2003 and the Heritage Foundation’s Economic Freedom Index 2003 … Continue reading “Economic Freedom and Human Development go together too”

At #121, the Indian economy is still mostly unfree

And it has to keep running to stay still India maintains its position on the Heritage Foundation’s 2006 Index of Economic Freedom. At #121, it is still mostly unfree. It also lags behind Sri Lanka (#92), Pakistan (#110) and China (#111). Despite improving its score by approximately 1%, it remained at the same relative position. … Continue reading “At #121, the Indian economy is still mostly unfree”

FAQ: Why Anna Hazare is wrong and Lok Pal a bad idea

Don’t fall for the miracle cure that is being offered. Corruption must be fought differently and it’s not easy. 1. Is Lok Pal is necessary to fight corruption? No, not only is it unnecessary, it will make the problem worse. Corruption in India arises because of too much government, too many rules, too much complexity … Continue reading “FAQ: Why Anna Hazare is wrong and Lok Pal a bad idea”

Garibi Hatao Hatao

The old, failed and corrupt political economy of poverty alleviation fights attempts at reform Jean Dreze, member of the influential, unaccountable and extra-constitutional National Advisory Council, has launched a pre-emptive attack against conditional cash transfers in the pages of today’s Indian Express. It provides an excellent example of how rank paternalism and contempt for the … Continue readingGaribi Hatao Hatao”

Pax Indica: Work permits for Bangladeshi migrants

Illegal immigration can only be tackled by allowing legal migration In an email exchange last week, Sanjoy Hazarika, author of one of the best books on India’s North East, told me that he has been advocating work permits for the last two decades. The proposal needs a serious consideration now. [The] blunt, impractical and half-heartedly … Continue reading “Pax Indica: Work permits for Bangladeshi migrants”