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Showing posts from September, 2014

Kacharagadla Featured Article

Hard Work Won't Make You Successful -- But Doing This Will

I don’t blame anyone who has become frustrated and disillusioned with the working world. It is a huge disappointment to grow up and realize that most of what we’ve been taught about how to be successful is bad advice. We were taught “Just work hard at whatever job you get, and things will work out.” That’s false. Working hard at your job does not get you much. When you work hard at a job where the boss doesn’t value your efforts, all your hard work gets you is taken for granted. Just working hard by itself will exhaust you and shorten your lifespan without any benefits to you. There has to be more to success than merely working hard, or millions of people around the world would be a lot more successful than they are! If you are at work right now, think about the investment of time and energy you are making. Imagine that you only went home to sleep for four hours a night, and gave up all the rest of your personal time to get more work done. Imagine that you practically lived at your de…

Growing the India-U.S. Trade and Investment Relationship

In this India-U.S. Policy Memo, Joshua Meltzer outlines the state of India-U.S. trade and investment relations. He emphasizes that, despite the impressive growth in the economic relationship, there remains significant room for improvement. He offers recommendations on how to enhance these ties. There are significant opportunities for India and the U.S. to deepen the bilateral trade and investment relationship. While the economic relationship has seen impressive growth over the last 10 years, this has been off a low base and there remains significant room for improvement. For instance, U.S. goods trade with China, a country with a comparable population, was over $560 billion in 2013—almost nine times U.S. trade with India. Another instance: South Korea, a country whose GDP is 60 percent that of India’s, in 2013 had a similar level of goods trade with the U.S. as did India. Indian barriers to trade and investment, including lack of intellectual property protection and enforcement, conti…