Even if the latest reforms succeed, India will need to do much more to acquire the efficiency, infrastructure, foreign... READ MORE

Economic conditions in India became so dire last summer that the government was forced to implement reforms. READ MORE

India hasn’t been spared the effects of the recession and the recent slowing of global growth. READ MORE

For a half-century after gaining independence in 1947, India’s politics were dominated by the Congress Party’s socialist... READ MORE

Most of us still look at China, the world’s second-largest economy, as the undisputed leader among major developing... READ MORE

The growing gulf between the behavior of investors enamored with monetary and fiscal largess and the reality of globally... READ MORE

Some investors are pursuing the safety of federally insured deposits. Others are dissatisfied with low nominal and... READ MORE

I’m amazed that Federal Reserve Chairman Ben Bernanke has emphasized the beneficiaries of low interest rates and has... READ MORE

Federal Reserve Chairman Ben Bernanke calculates that the benefits of a third round of quantitative easing will outweigh... READ MORE

The U.K. and the euro zone are in a recession, the U.S. economy is teetering, and a hard landing is unfolding in China.... READ MORE