A scam every three years
Why should Yashwant Sinha not have a victim complex? Within a week of presenting a boom budget his markets have been massacred. At a time when foreign institutional investors should have been vacuum cleaning the market of promising shares.



What do the locals know anyway?
Pre-occupied as he is with the recent attacks over his office being used to lobby favours for big business, and the never-ending fusillade over the sale of Balco, Prime Minister Vajpayee's probably looking forward to next week's meeting of the National River Conservation Authority -- a non-controversial meeting.



You are where you live
To understand why geography can matter so much for economic development, consider what economists regard as the main engines of growth: Access to markets (based on the work of Scottish economist Adam Smith) and technological progress (drawn from the writings of US economist Joseph Schumpeter).



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