From, "missing the forest for the trees" to "missing the trees for the forest".
3/ccp #CCPgeobbles #Assymmetric #Trade #policy "It's the #NTBs stupid" (NTB = non-tariff barriers) #ELISID = Export led, import substituting, investment driven

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More from @dravirmani

24 Nov
We must distinguish between the personal & the public. Citizens have freedom to be offended by anything or anyone. In public space the issue is equality under constitutional laws and equal treatment by Govt in implementing these laws, irrespective of religion, gender, caste, ...
2/eq Equality is part of fundamental structure of the Indian constitution, but some provisions violated equality as a temporary measure, which framers expected to be abolished. Such provisions have also led to laws which violate individual equality as perceived in 21st Century.
3/eq 👆🏼unequal laws need to b abolished to attain equality. A clientelist democracy results in biased application of laws in favor of in-groups and against out-groups in some States(police is State subject)! This can be corrected (only) by reform of the Criminal justice system.
Read 4 tweets
24 Nov
@ABlinken as Sec of State is reassuring for cntrys worried about threat and use of force by #CCP #China. With Strategic perspective restored, India-US Military & Geopolitical cooperation can grow faster, tho economic relations will be subject to domestic constraints in 2 cntrys
2/biden My judgement is based on Blinkens pre-election talk in Chatham house & his subsequent statements. Like Indian Govt PotusB believes in "Speaking softly, but carrying a big(ger) stick". Blinken was V clear abt th board spectrum threat frm China's #TechnoAuthoritarian system
3/biden India as a major #TechnoDemocracy(Blinken's terms), should work with EU/Japan/UK/Aus/Can to propose new initiatives to USA, such as #SCRI, which plurilateral coalitions of #TechnoDemocracies can work together on. cc @DrSJaishankar
Read 7 tweets
17 Oct
For a decade or more one has been saying, "stop hyphenating India with Pakistan and start comparing Pakistan with Bangladesh"? With Bangladesh GDP higher than Pakistan's GDP, I still doubt this will happen (Hint: Indian Per capita GDP will again be higher than Bangladesh in 2021)
2/bd #India's per capita GDP will return to a level higher than #Bangladesh by 2021, contrary to the simplistic, straight line growth projections in this 👇🏼 article. Keep a note of All the renowned economists who believed👇🏼, and compare after a year, with what I have said today.
3/bd We first used the example of Bangladesh during 1990s to motivate labor reform; which were critical to promoting labor intensive garment/textile exports. Bangladesh Textile units had 1000s of workers, while our exporters were scared to hire >20, as they couldn't b fired...4/
Read 4 tweets
25 Sep
"Actions speak louder than words" "Speak softly and acquire a bigger stick" Ignore the #DumbExperts who can't even interpret govt policy from its actions and keep asking govt to spell it out for them in words😢: business-standard.com/article/defenc…
2/ The commentariat has difficulty in deriving Govt policy intent from actions, only when the implication is positive, they find it very easy to unambiguously divine Govt's policy intentions from statements of random party people, when the implication is negative!🤓🤡
2/def The 21st C version of #Autonomy: One aspect is to develop mutually beneficial strategic relations directly with US allies, without the intermediation of the USA. This will make them immune from vicissitude of US domestic politics.
Read 4 tweets
22 Sep
So far so good, haven't seen any serious error/problem in what I've seen so far, but I need to look more carefully, before making a judgement. But clearly the reform process is now well under way 👍🏼👍🏼
3/labor Best change is reversal of #Indira #Gandhi's arbitrary decision during infamous #emergency, to lower limit for, retrenchment w/o bureaucratic permission, from 300 to 100. This will help restore the #Missing #Middle", as firms with <100 workers are free to expand to 300
Read 5 tweets

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