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In India, it's all about location, location, location

Ryan Hahn's picture

The Financial Times reports today that Tata Motors, the company behind the Rs100,000 (US$2280) Nano mini car, has faced protests over the location of its factory. Some 2,000 state police blocked the road to the factory in West Bengal. Protestors are concerned that farmers have been unfairly displaced from Tata's 1,000-acre site. On the upside for Tata, FT reports that it has received proposals for relocation from at least nine Indian states. I guess the diminutive Nano is in demand.

Creating creative capitalism

Ryan Hahn's picture

The debate continues over at Creative Capitalism, the blog/book-to-be spurred by Bill Gates's speech at Davos. Meanwhile, Gates gives a hint at just how to create Creative Capitalism - get universities involved. At a forum in Hong Kong, Gates argued that universities need to team up with industry to drive innovation.

Workforce development as a response to information asymmetry

Ryan Hahn's picture

In an earlier post, I discussed the Indian approach to workforce development. A lot of Indian companies spend a lot of money on in-house training for their employees. Although I didn't mention it at the time, one of the things that puzzled me is why companies would invest so much money on in-house training; employees could simply leave after a short tenure, and the company would have lost money on the cost of the training.

Supply and demand in higher education

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It might still be an international market with stiff barriers, but higher education is definitely becoming more competitive. The U.S., traditionally dominate, has been losing market share due to increased competition from the rest of the world. A new report from the Council of Graduate Schools drives home the point. While the number of international graduate students continues to increase globally, the U.S. has seen a slowdown in applications from the rest of the world:

The greatest return on investment

Ryan Hahn's picture

I previously posted on the myth of the entrepreneurial middle class. A post on the India Development Blog on What Does Productive Loan Use Look Like reminded me of this issue. Michael Chasnow reports on new research on the use of credit in the slums of Hyderabad. Here are the reasons people took out loans (often not from any microfinance institution, and at interest rates of 80%):

What Mexico can teach New York

Ryan Hahn's picture

Recently, the Financial Times picked up on the success of Mexico's conditional cash transfer program. Hailed as a genuine development success story, Mexico in 1997 instituted a program in which mothers from poor families received cash payments conditional on obligations such as their children's school attendance.