Gaping socio-economic opportunity costs of arms expenditure-IIPM B & E

‘Ending tyranny in our world?’ – In this outwardly ostensible and hollow rhetoric, the expression ‘our world’ demands an emphatic scrutiny. Today, our world spends a whopping $1trillion on defence, of which US alone accounts for 47%. Uncle Sam is the biggest offender, with not only gross and disproportionate spending of its own, but subtly forcing others into the vicious loop by transferring weapons of warfare, more than any other country in the world.

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Source: IIPM Editorial, 2006

Research and Publication, IIPM Editorial

Getz and Santro are no longer zinging; Maruti Swift has usurped all the glory. In fact, it has led to a veritable bloodbath among auto majors. Second quarter results saw Hyundai overtaking Tata Motors to emerge as the number two automobile player in India. But the biggest problem facing B. V. R. Subbu, Hyundai President, is Maruti’s Swift. Direct sales comparisons show Swift sweeping the Indian market with a tremendous reach of 86 percent; with a miniscule 14 percent achieved by Hyundai Getz.

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Source: IIPM Editorial, 2006

Garuda customers to fly Boeing

PT Garuda Indonesia, the In­donesian national flag carrier and US jet maker Boeing Co., have entered into an agree­ment to upgrade Garuda’sfleet. Under the deal, worth $2 billion, the Indonesian carrier will replace its five 737-400s, by operating 18 Boeing 737-800s by 2006, and 10 Boeing 787 Dreamliners by 2013. The move is a result of large operational losses that Garuda has accumulated over the years, due to a continuing surge in global oil prices and increased competition from budget airlines…

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Copyright IIPM(2006)