Showing posts with label Business and Economy. Show all posts
Showing posts with label Business and Economy. Show all posts

Friday, January 25, 2008

Enough is enough


IIPM International Student Exchange Programme

Dalits’ need genuine support

While Tamil Nadu reservation history (in %)majority of the Indians were busy preparing for the 60th anniversary of Indian independence, the Supreme Court for a change was busy dealing with the ‘reservation’ issue – a chronic ailment plaguing the nation for centuries. On August 14, the five judge bench led by Chief Justice K. G. Balakrishnan made a landmark observation (which largely went unnoticed) stating that the “reservations cannot continue indefinitely & must come to an end one day.”

Yes, ever since the dawn of independence, India has been anxiously waiting to see the end of caste-based apartheid, existing in the Indian psyche. This was the raison d’etre for Dr. B. R. Ambedkar, the chief architect of the Indian constitution to introduce caste-based reservations into polity. But little had he known that the exploitative mindset of the political class would make this well-meaning gesture into a monster, gnawing at the very roots of our unity. Forget, economic upliftment of the down castes, 60 years down the road the reservations have only deepened the fissures in our society, pitting the higher castes against the deprived in open street battles. Far from erasing the Manu Smriti from the Indian mindset, the quota system has given ready-to fire ammunition to the fundamentalists. Tamil Nadu, where the very essence of Dalit empowerment has been reduced to quota percentages – a mind boggling 60% reservation for the lower castes has undermined the clause of equality enshrined in the constitution. If only, the Indian polity had prevented politicians from going overboard with enhanced quota schemes, the nation would certainly have looked far more appealing at 60.

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IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Thursday, January 24, 2008

“On Revolutionary Medicine”


IIPM, ADMISSIONS FOR NEW DELHI & GURGAON BRANCHES

Cuba’s “On Revolutionary Medicine”public health care system which began to take shape post-revolution is considered to be one the best run system in the world. A completely state run model, based on providing hygienic health services to the entire population. This is enshrined in the Cuban Constitution which explicitly states that “Everyone has the right to health protection and care”. According to the WHO, the doctor to patient ratio in Cuba is 1:170 , the second best in the world. Preventive medicine & diagnostic treatment are rendered free in Cuba. Much before the world woke up to the menace of AIDS, Cuba had begun its AIDS prevention drive. The UNAIDS Report 2003 estimates that only 0.05% of Cuban population is afflicted with AIDS. The generic anti-retroviral drug is produced by the state at a cost which is even below that of the similar product manufactured in some of the developing countries. The health indicators in one of the last bastions of communism speak the story about efficacy of the system. The infant mortality rate is 5 deaths per 1,000. Male life expectancy is 75 years and for females this age is 80 years. And all, this has been achieved, perfecting a system through effective controls and proper implementation of government intentions.

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IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
IIPM International Student Exchange Programme
IIPM, GURGAON
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
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Wednesday, January 09, 2008

Why not now?


ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...

...before it’s too late…

After Here the administrators get a Free Lunchthe unification of Yemen in 1990, the rendezvous with development took place at unprecedented rate in this small Arab country. But in the face of heavily armed citizenry, internal violence and tribal influence limit the government initiative of bringing peace & security to the nation. Yemen ranks 150th on HDI, which by any standard is not worth appreciating even though it has developed legal safeguards & laws, intended to prevent human rights along with allowing citizens a degree of freedom of expression, which is not present in many other Arab countries. But lack of accountability eats away whatever good could have accrued to this nation. Most of Yemenis in government positions do not perform their duties, thus hampering the administrative functioning at large. On the economic front, trade & international relations suffer due to absence of proper laws.

For Yemen has a tremendous location advantage for it to take clue form other growing middle east economies & leverage them to their advantage.

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IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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IIPM Economy Review
IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
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Tuesday, January 08, 2008

No U-turn

Mayhem continues…

Uganda It’s high time that they fi ll the racial gapis stuck in a web with no escape routes perhaps. Though a country endowed with rich mineral resources & fertile agricultural lands, forget the zenith, Uganda’s economy has not even touched the base of the economic plateau. President Yoweri Museveni is to be largely blamed for such exacerbations of misery of the common Ugandans even though he has been instrumental in getting Uganda rid of the mayhem of Idi Amin. Idi Amin became a thing of the past but the mayhems continued. With regional conflicts in Rwanda, Burundi, Congo & Northern Uganda, violation of human rights by the UPDF soldiers, it has always been a foregone conclusion that the Uganda economy would be affected. Moreover, factors like widespread AIDS, kidnapping of children (at least 30,000), young boys made to ransack villages & abduction of girls & pushing them into prostitution, pose a ripple effect on country’s growth. Uganda can regenerate. All that it needs is a saviour.

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IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
IIPM Economy Review
IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
After CDMA, will nokia miss the 3G bus ?
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Wednesday, January 02, 2008

Nissan goes diesel in Japan


IIPM PUBLICATION

NissanNissan goes diesel in Japan is all set to drive the diesel car in Japan by 2008. X-Trail Sport Utility Vehicle’s diesel version is being launched by Nissan Motors in the third largest auto market in the world. This new introduction might just revive the nearly dead diesel passenger car market in Japan. With partner Renault SA, the company is designing an engine which would meet the new emission standards in the country. In autumn, 2008, Japanese will have a local branded diesel car after many years. Mercedes- Benz E320 CDI Sedan from the stable of Daimler- Chrysler is the only other diesel passenger car on the Japanese roads. Rising gasoline prices have forced a number of consumers in the developed world to move toward diesel. Like Europe, even Japan is expected to become a high volume diesel market soon.

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IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
IIPM Economy Review
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOS...IIPM :- Cicero's Challenge is going global
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Friday, December 14, 2007

All that glitters...


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... if not gold, has got to be at the Gold Coast!

Once ... if not gold, has got to be at the Gold Coast!you experience it, you’re bound to treasure it. For life. And that’s a Gold Coast promise to you. Particularly, when holding forth from the Land of Oz, there is no reason why one shouldn’t enthusiastically fall for it! Merry round the year, it only spruces for the better with the GC Bazaar.

Fun, larger than life, is what Australia conjures. As if its glorious bounties – the sunny climes, endless beaches, or cornucopian rainforests – weren’t inviting enough already, the concerted promotion drives bring in wide-eyed travellers by the droves to the country. It is to this welcome- tourists effect that Gold Coast inaugurated its 30-day carnival on May 29 promising a month-long medley of ‘fun, food and fashion.’ A quick rundown.

Very entertaining. ... if not gold, has got to be at the Gold Coast!Very lively. Very pleasant. Very GC. With a catch phrase like that (the last bit), one can imagine the line-up of events to celebrate the good times, ranging from the verdant to the whacky. How does the Burleigh Winter Solstice Festival sound? Nothing very bizarre, except that a winter festival in June sounds plain funny to folks like us north of the equator. Celebrations on the shortest day and longest night include milling at local craft stalls, frolicking with the street entertainers, dabbling in some pavement art while savouring large helpings of sumptuous victuals. And that’s one of the highlights of the festival for those being drawn in from either side of the equator. Indians, though, shouldn’t mind being a part of the exclusive invitees list, for as Sharon Harvey, GC Tourism Director, India, reveals, “Having spent millions of dollars in preparing for the gala events, we aimed at an annual tourism spend of $6 billion. I’ve visited the 4 corners of this land – Bangalore, Ahmedabad, Hyderabad, Chennai, Kolkata, Mumbai and Delhi, and it’s almost like visiting 4 different countries. Our frontline staff and chefs found the diversities mindboggling but in no case are we leaving any scope for disappointment for our Indian vacationers.”

Stringing ... if not gold, has got to be at the Gold Coast!together an entire gamut of activities, the Gold Coast carnival makes the whole south-east corner of Queensland swell in a daily riot of revelry. One of Australia’s favourite chill-out destinations with an extravagant assortment of hotels, you would easily tire out with just having fun – such is the choc-a-bloc schedule for the month’s calendar. Remind yourself what it is to shop for real farm fresh produce while the air strains live music at Main Beach. Leave the routine pandemonium of life far behind at the Gwinganna Lifestyle Retreat Health Discovery in Tallebudgera. Behold the exhilarating rarity of whale watching as the mammoth mammals set off northwards for the breeding season. Besides, Polo enthusiasts can enjoy all the fervour of the game during on the Gold Coast Polo International Day while golfers tee off on supreme greens.

The grand finale – a virtual tour de force – is the Blues at the Hard Rock Cafรฉ. After you’ve had your fill of cocktails and couture in the thousand five hundred square kilometres of decorated area of all the rest of Gold Coast, it would be time to get blown away by the best of Blues talent armed with steels, stomps and harps as they perform live to a whooping head banging audience in attendance. So, the next time you get set in the mood to groove, plan it for nothing less than a month, and nowhere far from GC! The extravaganzas galore promise more than just a month-load of memories...

Edit bureau: Yefu Daniel Chen

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Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Info, Visit Below....
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Courtney to quit courting cigarettes!

Wednesday, December 05, 2007

Sen in Sunderbans


IIPM PUBLICATION

AfterRiya Sen Bollywood Actress living most of her life in the concrete jungles of India, Raima is now spending her time in the real jungles for a change. Her upcoming film Japanese Wife requires her to spend a few days shooting in the Sunderbans along with co-star Rahul Bose. Riya Sen Bollywood ActressSo does the city gal mind parting with the luxuries of mobile phones, plush restaurants & the likes? Not at all, for as it turns out, the girl’s absolutely loving it! Looks like Raima’s getting to know her wild side!

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IIPM Editorial, 2007

An
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Monday, November 26, 2007

There is unanimity on two things: gas and coal

ThereThere is unanimity on two things: gas and coal is unanimity on two things: gas and coal. However ancient it might seem, India is discovering huge reserves of both gas (especially in the last year) and coal; and they can act as substitutes for crude oil. But the lack of a coherent policy framework has hindered the development of these two sectors.

Many such policy initiatives have been forthcoming over the years. Yet, they appear fragmented as India’s energy planning is done by too many cooks. At the Centre, there are separate ministries for petroleum and natural gas, coal, non-conventional energy, power, hydroelectric projects and heavy industries. All of them deal with the problem of energy. What experts suggest is an omnibus body like the Department of Energy in US that looks at the overall energy scenario – oil being just one component of it. In India of course, as many analysts point out, the creation of such a huge body would perhaps lead to more red tape and political jockeying.

As parts of London were burning, many analysts wondered about the determination with which Bush and Blair have been trying to secure the alliance’s future energy security - even at the cost of thousands of deaths. They also recall how the primary quest for Japan fighting against the allies during the Second World War was its thirst for energy and natural resources in Asia. China is already showing clear signs that it can go to any length to secure oil and gas supplies for the future. It is aggressively investing in African countries like Ethiopia and Sudan in search of oil security. Can India acquire that kind of determination and resolve?

The answer will determine whether India is an active participant in the new Great Game, or a hapless bystander.

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IIPM Editorial, 2007

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Monday, November 19, 2007

The news & business spaces are highly competitive & growing shares requires patience...


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However, The news & business spaces are highly competitive & growing shares requires patience...last year also saw the launch of Tata Sky, a joint venture between Tata and Star. Owing largely to its aggressive marketing and attractive offers, the DTH provider managed to grab over half a million subscribers within only six months of its launch. Moreover, the DTH space will witness increased competition with the entry of Reliance, Bharti and Sun Network into the space. Admits Kaul, “Sure the DTH space is heating up, however, most of it is still on the drawing boards and Dish TV is adding one Lakh subscribers a month. India, with over a billion souls is the largest market in the world and there is enough for every DTH player to survive and grow.” He adds that branding and customer service will ultimately be the biggest diff erentiators in this industry,.

Creditably, Zee can boast of the bulkiest regional bouquet. However, apart from its Zee Marathi channel, no other channel enjoys a clear leadership, though they are very close to the number one slot. Moreover, in this space too, competition is set to go up with several launches planned including Star’s regional foray (for which it has tied-up with Balaji Telefilms). Says Harish Doraiswamy, CEO, Zee News Ltd., “Th e news and business spaces are highly competitive and growing shares in these genres needs patience. We have the virtue of patience in great measure. Superior content, distribution and marketing will help us combat competition and grow.” In an exclusive with B&E, Laxmi Goel, Director, Zee News, further affirms on the strength of the news channel, “Zee News has moved forward from time to time. We have faced problems earlier when our viewership & market share were down. Today Zee News is a channel that earns good profits & faces lesser downfalls. Viewership has grown about 20%, advertising is increasing by 15-16%. We are competing well...”

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IIPM Editorial, 2007

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Tuesday, November 13, 2007

Profit After Tax of Apollo Tyres


On being Profit After Tax of Apollo Tyres (Rs. million)questioned over the slow CAGR of the tyre industry (as compared to the complementary auto industry), Neeraj Kanwar shot back, “You are correct in saying that the auto industry has a far faster rate of growth than the tyre industry. However, I would not say that we are experiencing ‘slow’ growth rates. At Apollo we are not worried about this since we have constantly managed to outpace the industry rate by a huge margin. Over the past five years, the industry has grown y-o-y at 9% while we have easily managed 18%!”

But despite Apollo tyres’ main involvement being in the truck and bus segment which contributes to 70% of the industry turnover in terms of value, a word of caution comes across in this very issue oft en considered as Apollo’s forte, understanding that it’s this very segment which gives the entire industry a sluggishly unhurried approach! Yes with a growth of just 7.7%, the MHCV segment presents more of a challenge to Apollo’s future growth strategy in which it plans to touch a whopping $2 billion in revenues within just the next 3 years, concerning which Onkar S. Kanwar, CMD, Apollo Tyres elaborated on the company’s game-plan as, “While setting this target, we have put down a series of measures to ensure that we achieve this milestone.

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IIPM Editorial, 2007

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Wednesday, October 31, 2007

Another dream run... The usual for RIL!


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Every Another dream run... The usual for RIL!single avenue explored by Mukesh Ambani has managed to create an impression not just at the bourses but on the country’s flourishing economy as well. With revenues that touch 3% of the nation’s GDP and close to 5% capitalization of the entire market put together, Reliance Industries is today a behemoth born out of Dhirubhai’s dreams and carried forward by Mukesh’s market might. While the IPCL acquisition has made RIL a dominant entity in the petrochemicals domain, it also dominates fibre intermediates, polymers & polyesters. Reliance’s strategy in its oil & gas business has been to vertically integrate in this sector. It has thirty four blocks for exploration awarded under NELP by the government, exploration in countries like East Timor, Oman & Yemen, rights for production & exploration and 30% interest at Tapti & Panna-Mukta fields. RIL’s exploration portfolio got a boost with 18,500 square kilometers being added up from the sedimentary basin in the country. The company also made four fresh discoveries (one at NEC25 and three at the KGD6 block) in the last few months. An analyst at India Infoline points out, “KGD6 will commence operations by H2, FY09 and with huge finds at CBM & NEC, the contribution of E&P segment to both revenue and profits will surge significantly.” Furthermore, reports reveal that the actual gas reserves at the KG basin are around three times the known existing reserves, which means the boost to RIL’s bottomlines will be tremendous. The company is in the process of building pipelines that would market the gases that are explored in the KG basin and an investment of Rs.60 billion has been put in place for the same.

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IIPM Editorial, 2007

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Monday, October 22, 2007

The Bajaj supernova!

Will Bajaj emerge as a winner from demerger?

It The Bajaj supernova!has become almost a ‘business objective’ among two wheeler manufacturers to focus on specific segments. Hero Honda did it with the entry segment and now Bajaj is demonstrating this by focusing on the premium segment.

Bajaj as a company is India’s second largest two-wheeler manufacturer and maintains a market share of 34% (+3 points). Apart from the pulsating performance in the domestic market, the company is also going great guns in the international markets like South East Asia. For 2006-07, Bajaj Auto had revenues of $2.38 billion and profits worth $309 million.

ItWill Bajaj emerge as a winner from demerger? seems that Bajaj is well ensconced in its chosen track and the recent demerger, forming Bajaj Holdings and Investment Limited (BHIL) and Bajaj Finserv Limited (BFL), is just a pointer towards bigger plans for the future. The de-merger might unlock value and leave more room for appreciation for investors.

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IIPM Editorial, 2007

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Monday, October 15, 2007

FMCG companies have lined up truckloads of money for branded groceries & for enhancing their rural presence; that’s the way the market is headed!


If Y. C. Deveshwar’s ITC... Reaping the benefi ts of growing incomesCaesar believed in ‘Veni, Vidi, Vici’, then FMCG corporate czars have resorted to variation (of products), ventures (into newer arenas) and victuals (or branded groceries) to grab the Indian market space. Yes, for the FY07, Indian FMCG companies have charted their own growth path through product proliferation and are now venturing into newer businesses like retail. According to estimates of SSKI Research, the FMCG industry grew by 17% in FY06, owing to back-end investments, and consecutively, the sector has sustained this growth through even front-end investments into retailing and new product introduction.

From global giants like Unilever to indigenous players like Godrej Agrovet, all players within the industry have started regularly unveiling newer products. And all these newer products happen to be in the two most lucrative segments of the industry – foodand personal care.

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IIPM Editorial, 2007

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Monday, October 08, 2007

How the Kosovo situation is handled will determine EU’s credibility


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Confronting Putin with the late Yelstin: Russia can spike any settlement of the Kosovo conflictthe disintegration of Yugoslavia in 1991, former EU Council President Jacques Poos made his famous but now derided statement: “This is the hour of Europe… not the hour of the Americans.” What the EU learned from the subsequent four years of Balkan disasters under its management is now being tested by another major turning point and potential crisis – when and how Kosovo is to become independent. Once again, Europe’s role may well prove decisive.

The decision on Kosovo may not imply the prospect of renewed large-scale conflict, but it does raise serious questions for Europe’s relations with Russia and the United States, as well as for stability throughout the Balkans. While the US has a major stake in the outcome, EU countries obviously have the most significant interests in the region, and perhaps this time they will assume a corresponding leadership role.

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IIPM Editorial, 2007

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Friday, September 28, 2007

‘Fast and first’ in 18 long years!


IIPM Alliances

ItP. Chidambaram is definitely time for jubilation for the Indian economy. For the first time in eighteen years, the Indian economy has grown a good 9.4% in the fiscal year 2006-07. Such fast rate was witnessed last in 1988-89, when the economy grew by 10.5%. The positivity was also extended to the federal fiscal deficit as it decreased to 3.5% from 4.1% year on year. For the January- March quarter, while the manufacturing sector leaped ahead with a growth of 12.4 %, services showed a similar growth of 9.9% as the same quarter previous year. The only disheartening growth has been that of the agricultural sector, which comprises 60% of our population. It grew a meagre 3.8% in the fourth quarter as compared to the previous year.

Sparing the dismal performance by the agricultural sector, the economy’s robust growth emphasizes the emergence of India as a global economic power. The Tata- Corus deal earlier this year and other high profile global takeovers by Indian companies has reinforced the same. “With high growth comes high savings and high investment which, in turn, reinforce growth itself ,” commented P. Chidambaram, the finance minister of the country on this commendable growth of the Indian economy.

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IIPM Editorial, 2007

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36TH Full Time Programme In Planning & Entrepreneu...
IIPM going global
On "IIPM - Arindam Chaudhuri - Planman"
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Monday, September 24, 2007

Harry Potter sets up his world in Florida


IIPM RANKED AHEAD OF FIVE OF THE IIMS

UniversalHarry Potter sets up his world in Florida Orlando Resort is coming up with theme parks inspired by J.K. Rowling’s iconic character Harry Potter in Florida called ‘The Wizarding World of Harry Potter’. The park will have all the famous locations mentioned in the best-selling book and in the blockbuster films and will open in Universal’s Islands of Adventure theme park in Orlando by the end of 2009. According to a filing with Securities and Exchange Commission, the parks will see investment to the tune of $265 million. Universal Orlando Resort is part owned by NBC Universal, a subsidiary of General Electric Co..

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Thursday, September 13, 2007

Mankind’s future under water!


IIPM PUBLICATION

It’s The sea is on us and it continues to risetime to recite Coleridge “Water water everywhere, not a drop to drink….” And surely if the trend of global warming & melting of glaciers continue, ocean levels will rise and swallow up entire nations & cultures. Besides other threats of global warming, the one attracting high concern is thermal expansion of the oceans – a result of water molecules expanding in warmer temperatures, increased precipitation and melting of mountain glaciers which leads to high sea-levels. The sea-levels have been rising tremendously with a rise of over 200 meters since the end of the last ice age, and astonishingly in 20th century alone, sea levels rose 0.17 meters with predictions for the next century rise ranging from 0.18 to 0.59 metres. The brunt will be borne by low lying areas, which would be entirely submerged such as Nile Delta, Maldives and Bangladesh which will suffer great damage if and when sea level rises, as it has an extensive coastline and lies between 2 major rivers. Shrinking coastlines are being observed across the world. The recent spate of hurricanes in the US has also been linked to the phenomenon. Warmer oceans are now being linked to increasing severity of storms. In the past, peak melting has been taking place in Greenland and Arctic, where ice is now half as thick as it was in 1950. And sudden acceleration in the past few years means the catastrophes may not be as far as they seemd to be, earlier. Today it’s polar bears, penguins and seals that are losing their natural habitats and dying out. If this continues, human beings would be the next in line to suffer the same fate.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative