There are numerous favourable reasons why international students opt to study in Australia. A review of the literature pertaining to the topic published over the last 5 years throws light on these reasons. Some of the major reasons include cost-effectiveness, multi-racial academic environment, prospects for employment after graduation, precedent of successful immigrant integration into society,…
Tag: India
What would I tell the 9 Billionth Person In the world with respect to Globalization?
Based on the current rate of growth of world human population, the year 2050 is a fair estimate of when the 9 billionth baby will be born. The rate of scientific and technological advancement in the last few centuries has happened at an unprecedented pace. As recent as the beginning of the 19th century, societies…
Ramayana and Shakuntala: A Comparison
Both Ramayana and Shakuntala are great works of artistic and philosophical merit. Originally written in Sanskrit close to two millennia ago, their authorship and date of origin are both speculative and mythologized. Yet, these ambiguities do not detract from their unique contributions to Eastern philosophy and literature. Both are great dramatic narratives and are integral…
Why and how was neo-liberalism able to establish itself as the dominant paradigm in the 1980s?
By the start of 1980s, currents of change were detected in the global economic order, with nationalism and protectionism being replaced by neo-liberalism and free flow of capital. Even as elites from the West promoted this new economic order, the process was facilitated by respective business leaders from nations across the world. (Tyvela, 2004, p.156)…
Have power and ideology been used to achieve consensus in India?
India is the world’s largest democracy. With a population in excess of one billion and an electoral franchise that extends to all citizens above the age of 18, the General Elections that is conducted every five years is indeed a grand spectacle. Moreover, considering the broad diversity of language, culture and religion within the population,…
Capitalism and Democracy
There is very little doubt that capitalism is a highly potent economic system for generating wealth and prosperity. In the last four decades of its implementation globally, there are numerous examples that support this claim. As Peter Berger writes, capitalism is a “horn of plenty that heaped…immense material wealth and an entrepreneurial class, on the…
White Man’s Burden: The social, religious and cultural excuses to justify imperialism and gunship diplomacy
European imperialism of the last few centuries were heavily centered on the perceived moral responsibility of its leaders toward other supposedly backward regions of the world. Also referred to (not without a sense of irony) as the White Man’s Burden, this notion of cultural, religious, scientific and administrative superiority over far-off civilizations had led to…
The Search for 100 Million Missing Women
The author duo of Steven D. Levitt and Stephen J. Dubner have made economics accessible to the general reader through their popular work Freakonomics and its sequel. Continuing on with the spirit of scholarly adventure, they yet again unfold unexpected correlations in understanding odd phenomenon. In the article in question, originally published in Slate magazine…
Amartya Sen: His contribution to ‘welfare economics’
Amartya Sen is a Nobel Prize winning economist of Indian origin, who has made vital contributions to the field of development economics. One of his major seminal contributions is ‘social choice theory’, but his contributions extend to ‘welfare economics’ and studying the problems of poverty as well. Born in a country with one of the…
Ratan Tata: Leading the Tata Group into the 21st Century
The Tata group, alongside Reliance and Birla conglomerates, is a household name in India. The group had risen to this prominence through its enterprising, innovative and ethical leadership over the course of more than a century. First under the auspices of Jamshetji Tata and later under the inspirational leadership of J.R.D. Tata, the group has…