I find it so interesting to read about the evolution of India's economy because it is, in so many ways similar to China's. It seems that both countries are coming under increasing interest for their buying power, not just for their low wages.

www.chinalawblog.com

We have a billion people. We need a economy where everyone is particpating, contributing and with tangible benefits. The first forty years it was government policies that impeded growth. Now the choke point has shifted to infrastructure, both hard and soft. Hard is roads, power, public transport. Soft includes legal protection for personal and intellectual capital. We cannot take clues from TIME, Econnmoist. Because living in the city of Pune I have no clue how to get this going with some structure.

The Slide is created by one man army called "BERNANKE". Rate hikes by Bernanke & other central banks have spooked investors around the world. Bernanke is scaring investors around the world.
The recent stock market sell-off accelerated as investors from US to Bombay headed for the exits.

This hiking in interest rate is own doing of US Govt. They have printed 54% more money in last 10 years without its being backed by Gold or anything. The m3 expansion is estimated at 7% per annum. The hike in interest is to lure investor to remain in USD stable. This is like propping up a paralysed person on crutches. USD is to FALL.

The worry? That the Fed & other central banks, might stall economic growth to quell inflation.
Rising interest rates and rising inflation have never been market friendly as this obviously will dampen global economic activity.The global rate hiking pandemic started battering stock markets large and small last month, after the Fed raised rates for the 16th straight time, & suggested more rate hikes might be coming.

Emerging markets like India have lost 26 %. There's a risk that the Fed could make a mistake by raising rates too high & worst effects are being felt in emerging markets.

Still, most economists don't think rates are high enough to cause a global bear market. Over the long term equities will be able to absorb the higher rates because (economic) growth is so strong. Some of the fall in the last month is due to investors getting ahead of themselves in betting that the Fed would be done raising rates at its May meeting.

Betting on a rebound
And some economists and market strategists believe that when the Fed does eventually pause later this year, growth will still be enough to help stocks rebound around the world.

Emerging equities went on quite a tear at the beginning of the year, as investors around the world got very comfortable in April with the idea that the Fed was going to be on hold. It was logical there would be a correction.

Even with rate hikes, strong growth in economies like China and India are likely to keep demand strong for the products of many emerging economies, such as copper, iron and other commodities global growth will remain relatively healthy. This is more of a correction at this point due to hot money taking an exit.
It could develop into something more serious if central banks, particularly the Fed, misstep and turn a soft landing into a hard landing. But others say that the rate tightening itself could pose problems for equities, particularly in emerging markets, even if there isn't a serious global economic slowdown.

Emerging markets have benefited most by excess liquidity due to very low interest rates.It wasn't really the strength of the global economy that drove investors into emerging markets. And it's unlikely they'll rebound significantly in the medium to near term.

I read a lot about teamword and effective work in the recent year. Brainstorming should be a very important element of everyday's teamwork.

I read a lot about teamword and effective work in the recent year. Brainstorming should be a very important element of everyday's teamwork.

Having lead brainstorming sessions, I couldn't agree more with the professor's comments. Group dynamics always come into play and what you end up having is someone who I call the "bully" shout out their ideas and disregard everyone else's. A structured approach is best (I have training in this area) and personally I prefer to have individuals submit their ideas to the group facilitator and then have the ideas discussed in a structured format.