Welfare reform: undoing the mistakes

Article Abstract:

Welfare reform and other reform goals of the GOP-controlled Congress are recognition that past mistakes can be corrected. The welfare system, begun as a safety net for people in need, created dependency and destroyed incentive. Government needs to anticipate change as businesses do.

Editorial, Analysis, Welfare reform

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India's potential for exporters

Article Abstract:

Indian Prime Minister V.P. Narasimha's market-opening program, launched in Jul 1991, is performing well, although experts caution that more reforms are needed to attract foreign investment. Opportunities for American investors and exporters in India are discussed.

Foreign investments

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India undertakes economic reform

Article Abstract:

Prime Minister P.V. Narasimha Rao's 'New Industrial Policy' aims to liberalize India's regulatory controls to promote free trade, foreign investment and economic development in that country.

Free trade

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