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Sanjaya Baru

Sanjaya Baru

4 commentaries

Sanjaya Baru, a former adviser to India’s prime minister, is Director for Geo-Economics and Strategy at the International Institute for Strategic Studies and Honorary Senior Fellow at the Center for Policy Research. He is the author of The Strategic Consequences of India’s Economic Performance.

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  4. op_eeckhout1_Alex WongGetty Images_bezoslaughing Alex Wong/Getty Images

    Market Power Is Eating the Economy

    Jan Eeckhout

    Today's record-breaking stock-market valuations are largely a reflection of genuine profit-making by a handful of firms that have benefited from new technologies. But those who are currently high on their stock portfolios should know that what's good for business is not always good for the market economy.

     shows how network effects and economies of scale are benefiting dominant firms at the expense of everyone else.
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