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India's Unique Path
THE SOURCE: “Economic Liberalization and Indian Economic Growth: What’s the Evidence?” by Ashok Kotwal, Bharat Ramaswami, and Wilima Wadhwa, in Journal of Economic Literature, Dec. 2011.
Once one of the world’s most heavily regulated and protectionist economies, India underwent an economic transformation in 1991 under the careful watch of finance minister Manmohan Singh, now the prime minister. It lifted tariff and nontariff barriers on trade, abolished restrictions on foreign investment, gave up price controls and industry licensing requirements, and reprivatized state banks. Its gross domestic product has seen the benefits of liberalization, growing at an annual rate of as much as nine percent in recent years.
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Blowin' in the Wind
THE SOURCE: “The Future of History” by Francis Fukuyama, in Foreign Affairs, Jan.–Feb. 2012.Packing Prisoners
THE SOURCE: “The Strategic Use of Prisons in Partisan Gerrymandering” by Jason P. Kelly, in Legislative Studies Quarterly, Feb. 2012.From Think Tank to Do Tank
THE SOURCE: "Devaluing the Think Tank” by Tevi Troy, in National Affairs, Winter 2012.