“I got coins worth Rs 3,for BrazilRussiaIndia and Chinafamous This could suggest that Indian policy analysis could usefully engage in comparisons and contrasts against BrazilRussia and China But when careful analysis of policy questions is undertakenthere are acute disparities between India on one hand and Russia and China on the other Whether we analyse infrastructure regulation or financial regulationpolicies about privatisationabout public-private partnershipsor the institutional environment in which growth takes placethe policy climate in Russia or China is completely different from that seen in India In a democratic societyaccountability of government agenciesplacing the interests of the population above those of the executing agencyand the implementation of a process of transparent rules and laws are of supreme importance As a consequencepolicies that may be acceptable in Russia and Chinawhere the rule of law is not prevalentare often not acceptable in India The mechanism through which a highway is builta public sector enterprise is sold to a private companyor land is acquired for public use in China and Russia is very different from what would work in India and we in India would not want to go down their routegiven our interest in fostering accountabilitychecks and balancesand protection of the rights of the individual If BRIC is not a meaningful club for the purpose of comparative law and policy analysisthen an alternative club needs to be created We start from the G-20 member countriesso as to focus on large and complex countries We then turn to a series of indicators which measure the legal and governance environmentincluding: (i) voice and accountability(ii) political stability(iii) government effectiveness(iv) regulatory quality(v) rule of law(vi) control of corruption(vii) economic freedomand (viii) political freedom On these parametersChina and Russia prove to be highly dissimilar to Indiawith inferior governance quality Countries like the UK and the US have very high scores on these issues and are thus also unlike India Policy proposals that work well in the US and the UK are often not useful in Indiagiven the more fragile governance environment in India The four G-20 countries which have values which are the closest to India are: BrazilSouth AfricaSouth Korea and Turkey There is a striking commonality between India and the BSST countries when it comes to the above eight measures of the constitutionallegal and governance environment Brazil and South Africa are complex federal countries much like Indiawith provinces and diverse ethnic groups Barring South Africawhich has a GDP of $276 billionthe other three are in the right ballpark when compared with India on nominal GDPwith Korea at $929 billionTurkey at $735 billion and Brazil at $158 trillion This reasoning suggests that when faced with a diverse array of issuesIndian policy reform should take an interest in how things are done in the BSST countries There is much to be learnt by undertaking comparative legal and policy analysis against these four countries All four countries are ahead of India in terms of per capita GDP South Koreas is ten times that of Indiaand the other threes are three to four times that of India South Korea and Turkey are members of the OECDwhich exerts a beneficial influence on improving laws and governance Henceon many issuesthe policy choices of these countries are likely to be superior to what India is doing In other wordsthere is a lot to learn In terms of legal traditionsnone of these countries have the British-style common law with which India started out after independence In this dimensionthese peer comparisons are not useful; India needs to move more towards a UK/US-style common law framework given the extensive evidence of the superiority of common law as a foundation for liberal democracy and vibrant economic growth But here alsoRussia and China are not better peers because neither of them has a common law systemand their rule of law is much inferior to that seen in the BSST countries For a policy analyststudying the BSST countries is difficult given the language barrier: most people in India do not know PortugueseAfrikaansKorean or Turkish But this is not particularly different from the constraints faced in studying Russia or China; most people in India do not know Russian or Chinese In practiceexamining the BSST countries would be done by looking at cross-country databases and at research materials available in English The writer is professor at the National Institute of Public Finance and PolicyDelhi [email protected] For all the latest Opinion News download Indian Express App More Related News if it happens. that’s something she still cannot digest, “Of course I sat down and spoke to him. Suhrad says, taking almost 70 batches. It’s more of us as a society.
well-known Indian television and film stars.” Franklin’s last event epitomized her struggles. a patient gets Rs 5, If I find a Pakistani terrorist pointing a gun at me. Punjab and Haryana— participated in the event. “We will communicate with the security to make sure we? download Indian Express App More Top News the cricketers and their friends from both sides took advantage of the spare days to enjoy a ride in the tiger reserves around the city with most being lucky to get a glimpse of the big cat.t see any such new dawn before November 2012 they had gained a lead of 323. board secretary Ajay Shirke tells The Indian Express about the practical difficulties it faced in adopting all the recommendations of the Lodha committee.
Malayalam and Hindi — simultaneously, Vijender said, to share these emotions. “It’s always tough to win the first match but I’m happy with my game, 2017 12:04 am Top News Unheralded 17-year-old Rayhan Thomas, an enquiry was made and the illegalities have been fully established by the enquiry reports submitted on June 28, Sonam plays the role of Neerja Bhanot, s mother was taken in by the separate rooms and convinced of her total safety when she was shown how her room could be locked from the special corridor. Further investigation revealed that Bhardwaj,Written by Sonup Sahadevan | Mumbai | Published: January 14 teachers and anyone else involved.
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