The Hindu Business Line : Tuesday, July 01, 2003

Employment trends in West Bengal
Like the rest of India, West Bengal has experienced stagnation in employment generation, and declines in agricultural employment over the past decade. This has occurred despite reasonably good rates of output growth, especially in agr iculture. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh investigate patterns of employment in West Bengal and consider the extent of, and possibilities for, employment diversification. More

EDITORIAL

Financing the IMF
FOR A NATION that only little more than a decade ago had to suffer the ignominy of having to physically pledge its gold hoard to tide over balance of payments difficulties, India has come a long way with its newfound status as a financier of ... More

BANKING

BIS' growth mantra — Save and take risks
The Bank for International Settlements feels that structural changes are always politically difficult to push through. What is required now, according to its annual report, is primarily the political courage to see the needed reforms through. Will th e governments undertake this unpleasant task? More

FINANCIAL MARKETS

Capital market ecosystem — Time to simplify and renew
The overwhelming response of retail investors to the offer for sale made for the Government equity in Maruti provides the opportunity for the simplification and renewal of the capital market ecosystem. These are best accomplished at a time when the enthusiasm for corporate securities has increased significantly in the ecosystem, say G. Ramachandran and Ramachandra. More

BOOKS

Book boom
THE unprecedented boom in the sale of Harry Potter books makes one wonder what it is that makes them such hot favourites. Not obviously the story line because there is nothing refreshingly new about it. Sorcerers, three-headed dogs, unicorns, ... More

LETTERS

Local cable operators

India and IMF

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