Tag Archives: Protectionism

Nationalism is Death

Nationalism is rising in India under the relentless propaganda from the Indian government and its leaders. Such nationalism for India is nothing new. The Congress party under the leadership of Nehru used nationalism against the British colonial rule to win power for themselves. All the policies like import substitution or inward looking of the Nehruvian […]

Modi is a Second Nehru

Modi Nehru

As I have pointed out in the past, the present government of Narendra Modi in New Delhi is nothing more than a shadow of the past Nehru government as far as it comes to the matter of economic policy. Let me point out the similarities between both governments.¬† Nehruvian economic policies¬† Planned economic development Modern […]

Protectionism and Its Consequences

Globalization is in retreat and protectionism is again rising its head worldwide. Recently the American President Donald Trump announced that he will impose very steep tariffs on imported steel, aluminum products and cars . In retaliation the EU has threatened to impose heavy tariffs on American imports in EU. Trump is also waging a trade […]

Rising Protectionism in India

The Finance Minister of India, Mr. Arun Jaitley, who is attending ‘Asia’s Economic Outlook: Talking Trade’ in Japan right now, recently said that, Protectionism can blunt US firms’ efficiency … US firms may become sluggish if cheaper products and efficient services are cut off to them due to protectionist policies … India has so far […]