On Populism and (Electric) Power in India – Arvind Subramanian
Electric power has been restored across northern India to the 600 million people who recently found themselves sweltering in the dark. But the massive blackouts have left lingering questions about the country’s ability to provide the infrastructure necessary to sustained growth and poverty reduction.
After the ouster of President Hosni Mubarak last Friday, I invited
A crisis is unfolding in India's microcredit sector that-- beyond its immediate effects on borrowers and lenders-- will greatly affect the future of financial services for the poor.