The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.
The greatest progress on civil rights in the United States since Abraham Lincoln was under the Southern Democrat Lyndon Johnson, the past master of wheeling and dealing in Congress.
Shankar Acharya gives ten predictions on key politico-economic developments in the world and ten for India.
It was the first reasonably free and fair national election held there since 1990, when Aung San Suu Kyi's fledgling National League for Democracy won a landslide victory.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
A reformed Planning Commission should reflect the diversity of Indian debate.
A left-leaning centralised socialist model has created a shortage/entitlement economy. In fact one of the reasons for India's limited progress is that post-independent India is at odds with its true nature. It is something that educated right of centre Hindus are trying to correct, says Sanjeev Nayyar.
Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.
With Jaitley preferring continuity over change, good days might take a little longer to arrive, says Shankar Acharya.
Indonesia, Turkey and Afghanistan also see important polls in the seven short weeks between end-March and mid-May, says Shankar Acharya
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
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