Emerging Markets

Is India Innovative?

A new study by the credit rating agency Standard and Poor’s suggests that India may become the first “BRIC” country to lose its investment grade rating. Is a lack of innovation the reason?

How Cash Keeps Poor People Poor

Want to help the poor? Start by taking money out of their hands. More specifically, cash — coins and paper bills are the silent enemy of the poor, with costs often out of proportion with their day-to-day convenience.

A Tylenol Headache for the Chinese Communist Party

The fall of Communist Party leader Bo Xilai began as an exercise in crisis management for the Chinese Communist Party and it continues as such.

Bo — who is descended from Chinese Maoist royalty — had been flamboyantly …

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