India’s new Raj(an) | Gavyn Davies
"In India, he believes that the unfair distribution of gains from land and property sales in the 2000s has caused a severe political backlash which now makes obtaining permission for new investment impossibly difficult. He says that the Licence Raj of the 1990s has been replaced by a Resource Raj in the 2010s, in which the supply side has atrophied while the government has tried to subdue political dissatisfaction by subsidising energy and bestowing other cost...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.