efn Asia
Poverty, Populism and Performance: Changing Contours of Politics in India PDF Print E-mail
Thursday, 13 June 2013 17:24

By Barun S. Mitra, Nitu Maurya and Ravi Kapoor.

May 2013


In this paper, we will try to explore the populist pressures in a democracy, on the one hand, and the demand for performance because of the shift in demographic characteristics, on the other hand. India became independent in 1947, and a constitutional democratic republic in 1950, when poverty was endemic, and society fragmented. While politics united the country, there was hardly any social demand for economic performance from the population. In that tentative beginning, poverty was accepted as given. Then through the tumultuous 1970s and 1980s, populism held the key to political success. Then came the economic growth trajectories of the 1990s and 2000s, when political competition became intense, and focus shifted to performance. This paper will analyse the changes in economic performance in the context of political changes driven by changing demography, and attempt to look at the near, medium term direction India may take.

Report from our session in Jeju Forum: Economic Prosperity in Asia: Dealing with Economic Nationalism PDF Print E-mail
Saturday, 01 June 2013 21:54

○ Session Outline


Dealing with Economic Nationalism

Session Code



15:40 – 17:00



Moderator: Wan Saiful WAN JAN

Presenter: SAM, Rainsy

Discussants: CHOI, Byung-il; FENG, Xingyuan; Pham Chi LAN; LIU, Junning;
Barun MITRA; Tricia YEOH


EFN Asia's member: Chatib Basri as New Finance Minister of Indonesia PDF Print E-mail
Tuesday, 21 May 2013 15:42

By Nonoy Plas, Minimal Government Thinkers, Inc

Original article -

Topic of the article adjusted by EFN Asia

A friend whom I met during the Economic Freedom Network (EFN) Asia conference in Hong Kong in 2004, Chatib "Dede" Basri, has been appointed yesterday as the Finance Minister by Indonesian President Susilo Bambang Yudhoyono.

In his presentation nine years ago in HK, I remember that two of his slides showed a quote from Adam Smith,

[The rich] consume little more than the poor… They are led by an invisible hand … and thus without intending it, without knowing it, advance the interest of the society, and afford means to the multiplication of the species.

And from Milton Friedman, something like "The politicians and bureaucrats, they are led by an invisible hand and without intending it, without knowing it, advance their own interest over that of society."

'Liberals Meet Liberals' event in Seoul PDF Print E-mail
Wednesday, 29 May 2013 21:20

Written by Nonoy Oplas, President of Minimal Government Thinkers, Inc.

Seoul -- Liberalism is a political ideology that advocates liberating the individual from excessive and unnecessary coercion. Such coercion includes over-regulation and taxation of individuals and private enterprises, or prohibiting people where and to whom they can freely trade their goods and services. People who subscribe to this ideology are called liberals in Europe and Asia. In the US, the term was hijacked to mean the opposite, the lovers of more state coercion. So they are called libertarians in the US.

Unirule Twentieth Anniversary Celebration PDF Print E-mail
Friday, 17 May 2013 10:46

Unirule Twentieth Anniversary Celebration will be held in Beijing on July 26th, 2013. When the time comes, national well-known scholars and business leaders as well as political circles will be invited to participate in the anniversary celebration. As the most influential and independent think tank, Unirule upholds its spirits of supporting and promoting high quality research and studies on economic theory as well as analyzing social and economic problems.


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