Pranab Bardhan is a professor at the University of California, Berkeley. His most recent books are Globalization, Democracy and Corruption: An Indian Perspective and Awakening Giants, Feet of Clay: Assessing the Economic Rise of China and India.
The idea of providing a universal basic income has lately been capturing imaginations across the political spectrum. But, so far, the conversation has focused largely on the advanced countries, even t… read more
The dizzying plunge in the Shanghai and Shenzhen stock exchanges is testing China’s Communist rulers. As the realization sinks in that Chinese stock prices can decline, just as they have risen, the go… read more
In India and the US, many forms of social inequality have declined in recent years, but economic inequality has been on the rise. If both countries wish to thrive as democracies, they must find a way … read more
In recent political impasses that paralyzed the world’s two largest democracies, India and the United States, both countries’ usually clear-sighted leaders, to paraphrase William Butler Yeats, lacked … read more
Chinese Premier Wen Jiabao’s forthcoming trip to India, following hard on the heels of President Barack Obama’s visit there, will provide another opportunity for the media to gush about the growing gl… read more
