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This spring, India is scheduled to hold its 18th general election. Surveys suggest that the incumbent, Prime Minister Narendra Modi, is very likely to win a third term in office. [...]

For YEARS Nigeria and Ethiopia, sub-Saharan Africa's second- and third-biggest economies, defied the market orthodoxy embraced elsewhere on the continent. But reform is in the air. Barely a year into [...]

When times are tough, politicians reach for metaphors. In Ethiopia, which floated its currency and entered a $3.4bn IMF programme on July 29th, the prime minister Abiy Ahmed (pictured) compared [...]

The developing world has fallen back in love with economic planning. As protectionism sweeps the West, poor countries are no longer afraid of industrial policy—or bold ambition. India's government declares [...]

Narendra Modi, India's prime minister, was brimming with confidence when his government unveiled an interim budget in February. With a general election a few weeks away, his ruling Bharatiya Janata [...]

The UK's new Labour government must commit to taking forward audit and corporate governance reform and legislate to clear the local audit backlog in England in its (https://www.accountancyage.com/2024/07/05/breaking-news-insights-into-labours-victory/) first 100 [...]

HOW MUCH is one-party rule worth to India Inc? Judging by the market reaction to the results of the general election, the figure is around $400bn. That is the total [...]

How to explain the disparity? India's economy is growing astonishingly fast, Bangalore and Mumbai have become destinations for bosses of global financial firms and Narendra Modi trumpets the country's appeal [...]

In the early 1990s India abandoned the principles of swadeshi, or self-sufficiency, that had guided its policies since independence. Subsidies were scrapped; import levies tumbled. By 2014 the average tariff [...]

When shashi tharoor, a stalwart member of parliament for the opposition Congress Party, criticises the current growth model as 'trickle-down economics' that doesn't trickle down, he has a partial point. [...]

At the start of the 18th century India was one of the world's two largest economies, with China the other. Part of that came down to sheer population and, in [...]

The month of May was supposed to bring good news for the government: a lower energy price cap from Ofgem, a more optimistic verdict on our economy from the International [...]

There is nothing new, nor necessarily fatal, about making a poor start in government. Margaret Thatcher had a torrid first couple of years in office, set back by galloping inflation […]

Home Neither Sir Keir Starmer, the Prime Minister, nor Rachel Reeves, the Chancellor of the Exchequer, ruled out a rise in employers' contributions to national insurance in the Budget on [...]

Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain, said February 23 that Mian Shahbaz [...]

Byline: GN Bureau Viksit Bharat Viksit Uttar Pradesh: PM launches 14,000 projects across state worth more than Rs 10 lakh crore PM Narendra Modi with Uttar Pradesh chief minister Yogi [...]

Growth, growth, growth: that was what Keir Starmer told us would be his government's priority in his first press conference as Prime Minister. Nearly three months on, as the Labour [...]

Last week, there was a surprise visitor to the Treasury: Gordon Brown. The former prime minister and chancellor secretly returned to his old digs for the first time since he [...]

Back to work, back to school, back to politics: the French call it la rentree and my own summer idyll in their country must end soon too. Back to the [...]

It is certainly true that the Labour party has been more than a little devious over the tax rises that are to come. After an election campaign in which it [...]

The next few weeks will be the most consequential in British politics since the end of the 1970s. If the new government recognises that it is facing a national emergency [...]

So, one thing is becoming clear: it isn't going to work. That is, the plan for a year or more of calm, competent, administrative politics to reassure the country about [...]

Has Keir Starmer promised anything so far, during this general election, that will make anyone's life significantly better? The clearest pledge is to impose VAT on independent schools and it's [...]

Inflation, GDP, net migration, Labour's poll lead--these are all numbers Westminster politicians obsess over. But one measure above all is causing angst at the heart of the UK government: economic [...]

Let us take a step back. 'It is therefore the greatest of blessings for a state that its members should possess a moderate and adequate property,' says Aristotle in his [...]

So, and this may not happen often, we can begin with some qualified good news. Liz Truss, a self-proclaimed free-market radical and scourge of Keir Starmer's Labour Party, is reportedly [...]

When polls started to show Liz Truss miles ahead of Rishi Sunak in the Tory leadership contest, her team adopted a cautious campaign strategy. Why gamble on another interview with [...]

There is no museum to Margaret Thatcher. There is no need for one, given the Sainsbury's supermarket on the high street in Finchley, her former constituency. She opened it on [...]

In recent years, the world has been regaled with stories about the crisis of expertise. The era of the liberal technocrat was over, we were told, killed off by the [...]

The central bank has seen off some threats. But not all W HAT A DIFFERENCE a month can make. On September 26th officials at the Bank of England were dealing [...]

Jeremy Hunt, Britain's new chancellor of the exchequer, ditched almost all of the unfunded tax cuts in the government's mini-budget; the cuts had helped cause mayhem in the markets when [...]

A country of political instability, low growth and subordination to the bond markets I N 2012 LIZ TRUSS and Kwasi Kwarteng, two of the authors of a pamphlet called 'Britannia [...]

As Britain's government looks to cut borrowing, almost nothing is protected N OT TOO long ago Liz Truss dismissed the Treasury's obsession with the balance of taxes and spending as [...]

The government is yet to deal with a mess of its own making B RITAIN'S PRIME MINISTER came to office promising to fight 'Treasury orthodoxy' and the department's 'abacus economics'. [...]

How the government embraced death-cult Osbornomics L ONG DEAD she may be, but the Iron Lady lives on at the Conservative Party's conference. Margaret Thatcher and other former Conservative leaders [...]

In July 2021 the then chancellor, Rishi Sunak, said that his aspiration was for the UK to produce 'more great British fintech success stories, like Revolut'. The company, which provides [...]