The Neighbourhood/World
‘India has high chance of becoming a breakout nation’ - Indian Express
It was the rising tide of global liquidity and not anything unique to India that accelerated its growth rate from a level of around 5.5 per cent to 8-9 per cent between 2003 and 2007. The country has a high chance of becoming a “breakout nation” only if it does not grow complacent, avoids becoming a welfare state, brings reforms systematically and globally, and commodity prices fall, said Ruchir Sharma, Global Head, Emerging Markets, Morgan Stanley Investment Management, and author of Breakout Nations: In Pursuit of The Next Economic Miracles.
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Why China's influence on Nepal worries India - Rajesh Joshi, BBC
In Pakistan, the ballot is against the bullet - Kamila Shamsie, Economic Times
In Balochistan, nationalist versus separatist - Anita Joshua, Hindu
US directly blames China military for cyberattacks - David E Sanger, NYT
How to anticipate China - Arvind Virmani, Indian Express
In Asia-Pacific lies India’s China wall - K.C. Singh, Asian Age
Why are Buddhist monks attacking Muslims? - Alan Strathern, BBC
David Cameron's rift with China could cost UK billions - Malcolm Moore & James Quinn, Telegraph UK
A Benghazi bombshell - Marc A Thiessen, Washington Post
China flexes its muscles - Srikanth Kondapalli, Times of India
How India played hardball with China - Indrani Bagchi & Rajat Pandit, Times of India
Wild card in the polls - Frederic Grare, Indian Express
In Quetta, fear still stalks Hazara - Anita Joshua, Hindu
Making sense of the Depsang incursion - Manoj Joshi, Hindu
Hit the enemy where it hurts the most - Sandhya Jain, Pioneer
Three to tango - C Raja Mohan, Indian Express
Israel’s red line crossed, US tacitly backs ally’s strikes in Syria - Eli Lake, Daily Beast
A tawdry victory - Economist
Xi Jinping and the Chinese dream - Economist
Tough phase in Kabul - Anand K Sahay, Asian Age
The second wave in Pakistan’s politics - Cyril Almeida, Deccan Chronicle
France shows us how to deal with jihadis - Philip Johnston, Telegraph
China pull back troops after 21-day stand off - Mail Today
Malaysia's long-ruling coalition hangs on to power - Sean Yoong & Eileen Ng, Yahoo
Syrian report: Israel bombs outskirts of Damascus for second time in recent days - Liz Sly & Suzan Haidamous, WashingtonPost
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Verbatim

There was for years an old "social contract" between politicians and business. This provided for complex rules and regulations that made it impossible to do business honestly in many fields. But it was possible to do business dishonestly, through pay-offs . Some called this "efficient corruption" : politicians took money and delivered clearances. However, the anti-corruption mood of the courts, and new fears of getting caught (like Pawan Bansal) have ended "efficient corruption" . Politicians may still take money but not deliver on clearances , what some call "inefficient corruption" that freezes investment and growth. The old social contract has broken down.
Swaminathan SA Aiyar
 

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