Alok Sheel (for Info only, not official)

author

Alok Sheel

We are collecting authors'profile. As soon as we get, we update it. Please note this is not official profile. The information including photo is collected from web.

| Contact |

| twitter |

| Linkedin |

    Media Object

    Short extract

    ...Time was measured in nano seconds. We don’t know why and how this happened and whether this was a one-off event. From the beginning of time, the universe began expanding, forming stars, galaxies, solar systems and planets, including our own. Oceans and continents were formed, triggering continental drift and plate tectonics. Life on Earth is estimated to have originated over four billion years ago in the oceans. ...

    Live Mint on April 13, 2017, 12:33 a.m.

    Media Object

    Short extract

    ...Bloomberg The 45th president of the US has declared war on globalization. The Brexit vote did something similar in Great Britain. The two countries underwriting the postwar international order have declared their intention of putting their national interest above all else. Multilateral trading, investment, and even visa, agreements face new threats. Might this assault succeed? Globalizing forces have been rampant ever since the first men migrated out of Africa. The Roman empire was a globalizing force in the classical age, as was the expansion of Islam during the Middle Ages, and the British empire in more recent times. So was the overland silk route and Indian Ocean trade, from China, via India to the Horn of Africa and the Mediterranean, trans-Atlantic trade, and more recently the World Trade Organization (WTO). ...

    Live Mint on March 9, 2017, 12:29 a.m.

    Media Object

    Short extract

    ...But a floundering liberalism does not mean that these alternatives have credible answers to the underlying economic problems of postmodern society deriving from ageing, growing inequality, globalization, the loss of competitiveness to rising powers, and robots replacing human labour. The right and left seem to be winning on the rebound. Where might the answers lie? Contemporary political systems are underpinned by the revolutionary triptych of liberty, equality and fraternity first assembled during the French Revolution. The interactions and feedback loops between these often contradictory panels led to the rise of the left, right and centre that throw an explanatory light on much of modern history, from the great revolutions of the 17th and 18th centuries, to the romantic and nationalist movements of the 19th, the socialist, fascist and anti-imperialist revolts of the 20th, and the fault lines of the 21st. ...

    Live Mint on Feb. 9, 2017, 5:04 a.m.

    Media Object

    Short extract

    ...We have moved from a point where Alan Greenspan, the chairman of the US Federal Reserve, was acknowledged as the master of the universe, to calls for the abolition of the Federal Reserve. How has this come about? Let us start from the beginning. Global growth before the Industrial Revolution was not only extremely uneven but, in the absence of continuous technological and productivity improvements, averaged well under 1% per annum. With the Industrial Revolution, it rose to 1% between 1700 and 1900, and to 1.3% in the first half of the 20th century. Periods of growth, however, continued to be punctuated with sharp declines. ...

    Live Mint on Jan. 11, 2017, 11:10 p.m.

    Media Object

    Short extract

    ...The government has shifted ground, from national security to targeting black money to a cashless economy, and finally to ethical or moral cleansing. How does the silver bullet of demonetisation measure up to its three stated economic objectives, namely counterfeiting, black money and cashless economy? Governments the world over replace old currency with new to neutralize counterfeiting. If there are pressing national security concerns, the new currency can have added security features and suspected denominations can be withdrawn. The latter can also be declared illegal tender after a critical mass of new currency is in circulation. It is, however, only a matter of time before the new currency is counterfeited. Counterfeited new currency surfaced within days of demonetisation. ...

    Live Mint on Dec. 8, 2016, 12:38 a.m.

    Media Object

    Short extract

    ...Developing countries, where fascist ideologies are not demonized as genocidal, have seen a similar surge—in Turkey, the Philippines, Egypt; the two biggest emerging markets, China and India, have taken a right-wing jingoist turn. These developments mimic the eclipse of globalizing forces and the rise of right-wing movements in Europe in the 1920s and 1930s. Is history being repeated? Revolutionary Europe spawned the political ‘Right, Centre and Left’. The space on the Left was in time occupied by socialists and communists. Beginning with the sans-culottes during the French Revolution, the ranks of the Left were soon swelled by the new working class following the Industrial Revolution. Right-wing movements mobilized the petty bourgeoisie, comprising declining small producers and the new white-collar class. ...

    Live Mint on Nov. 10, 2016, 12:06 a.m.

    Media Object

    Short extract

    ...This was in line with market expectations. First, the central bank had indicated towards the end of the tenure of the previous governor that it had shifted to an accommodative mode. Second, consumer price inflation was trending downward and seemed to be within its comfort zone. Third, the new governor was widely perceived as dovish, with a growth and credit rather than anti-inflationary and financial stability bias, in contradistinction to the former governor. It may be recalled that the former governor came in for sharp criticism from the treasury benches for his supposed hawkish stance that tilted towards fighting inflation and deteriorating banking assets at the cost of growth. This may well have been the reason why his term was not extended—a departure from past practice, in what appeared to be an infringement of the central bank’s independence. ...

    Live Mint on Oct. 12, 2016, 11:55 p.m.