It has been quite sometime since Barack Obama was elected the President of USA and his iconic speech of “Change we believe in” left the whole world enthralled. The fact that the Western world and many in the rapidly developing economies like India and China could relate to his speech and felt that such changes would benefit their countries too was not something new. But I shouldn’t be surprised if many in some other parts of the world, which are not conventionally considered to be open minded or liberal, too were watching with intent and hoping for change in their countries as well. Over the last few months, as the Obama administration settled down with work and the rest of the world forgot much of them, at least some of the real changes have started showing their presence. No, I am not talking about the initiatives being taken by Obama to bail out loss making American companies; and neither am I referring to the restrictions on outsourcing that are being imposed by him. On the contrar...
Dr. Arindam Chaudhuri
(An IIPM Think Tank Blog)