Categories
Links

Weekend Reads:May 05, 2012

Hugh Hendry’s latest letter to investors (FTAlphaville)

Why there will never be another Warren Buffett (Forbes)

The inscrutable politics of Subramaniam Swamy (Caravan)

How Subramaniam Swamy stopped Sonia Gandhi from becoming PM (Moneylife)

Was the Maldives coup Made in India? (Open)

Amitabh Bachchan as the Fall Guy (NewsLaundry)

Cognizant:Francisco D’Souza and his two mentors (Forbes)

Eating beef in India’s colleges (Outlook)

Steady as Islamabad goes (ForeignAffairs)

Young Barack Obama in love (VanityFair)

Categories
Observations

Jim Rogers-The next recession will be much worse

Categories
Quotes

What was that again?

“Escalating social and political risks, slowing growth and rising inflation mean that we are already in a macro environment that would hurt both stock and bond returns. Stocks first and bonds next. Dance near the door, if you still want to party.”-V Anantha Nageswaran , Senior Economist at Asianomics wrote in  Mint

Categories
Links

Linkfest:May 04, 2012

Some stuff I am reading this morning:

Reliance Industries spends only 5% of its buyback kitty so far (EconomicTimes)

Will Rupee tumble to 60 against the $ ? (Firstpost)

RBI Watch:ECB Data for March 2012 (RBI)

How Pawan Ruia is screwing minority shareholders (NeerajMarathe)

Special report on bullion and energy by SMC (ValueNotes)

Marginal oil production costs are heading towards 100$ barrel (FTAlphaville)

BCCI’s boss’s son punches cop (MumbaiMirror)

Categories
Observations

India’s Demographic Dividend

In an excellent paper written for the American Enterprise Institute, Nicholas Eberstadt states that :

Over the next two decades, India‘s total population is set to grow by a little over 1% per annum, possibly becoming the world‘s most populous state before 2030—and almost all of this growth would be working age manpower. As India‘s manpower pool grows, the country‘s ―dependency ratio (the ratio children under 15 and persons over 65 to working-age population) will be falling, and the society will remain relatively youthful. Such changes in population structure could facilitate higher levels of national savings, investment, and thus —all other things being equal—economic growth.

 

The catch?Lack of education access (education deficit) and proper medical facilities (health deficit) for millions of Indians can possibly spoil the party.