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Subsidies and international trade
The primary international trade challenge facing countries in manufacturing is that they must compete with China.
Jun 30
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Subsidies and international trade
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The distractions of development and public policy
Interestingly, the discourse of development is often marred by distractions.
Jun 26
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The distractions of development and public policy
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Internal trade barriers and deregulation
In the context of the debate on deregulation, internal trade barriers are a significant but less discussed cost.
Jun 25
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Internal trade barriers and deregulation
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China made iPhone, iPhone made China?
Patrick McGee has written the definitive book on Apple’s relationship with China.
Jun 23
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China made iPhone, iPhone made China?
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Domestic value addition in manufacturing - iPhone in China
As Patrick McGee has shown in a brilliant new book, the partnership between Apple and Foxconn to make the iPhone may have been a primary contributor to…
Jun 18
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Domestic value addition in manufacturing - iPhone in China
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Some thoughts on reviving manufacturing
Manufacturing has undergone transformational shifts in the last three decades.
Jun 16
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Some thoughts on reviving manufacturing
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Programs and ideas are a distraction in development
Arguably, the biggest distraction in development is the disproportionate importance given to the idea of designing programs or schemes to address…
Jun 11
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Programs and ideas are a distraction in development
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Observations on the rare earth metals trade
Very few industries have generated as much discussion as the rare earth minerals and their extraction, processing, and refining.
Jun 5
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Observations on the rare earth metals trade
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Insights from development - WB takeaways
Some time back, the World Bank published a compilation of useful insights that have emerged from its development work over the decades.
Jun 3
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Insights from development - WB takeaways
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May 2025
Is there a cost-structure constraint to the Indian economy?
This blog has long argued that India has an aggregate demand problem (see this), and this requires creating more productive jobs and broad-basing…
May 27
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Is there a cost-structure constraint to the Indian economy?
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Deregulation is rarely a stroke-of-pen reform
There’s a widespread belief that deregulation, as the name appears to suggest, is about the elimination of certain regulations.
May 21
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Deregulation is rarely a stroke-of-pen reform
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Trump policies and Corporate America
The excessive focus on merchandise trade deficits and tariffs, while important, overlooks several important imbalances facing the world economy.
May 15
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Trump policies and Corporate America
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