JAYATI GHOSH-Frontline

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PRESIDENT RAFAEL CORREA at a rally commemorating his five years in power, in Cuenca, Ecuador, on January 14.-RODRIGO BUENDIA/AFP

Shining Ecuador

The small Latin American country demonstrates how to maximise revenues and use the same in the social sector and for building public infrastructure.

GUSTAV MAHLER, AUSTRIAN composer-conductor. His Ninth Symphony was premiered in Vienna in 1912, a year after his death. He was superstitious about writing it. He feared that as with Beethoven and Bruckner before him it would turn out to be his last symphony.-THE HINDU ARCHIVES

Year of centenaries

This year will mark significant anniversaries for events that have either shaped subsequent history or simply got embedded into our collective conscio

A PROTEST AGAINST pension cuts and new taxes in Athens. The deficit countries are being asked to generate export surpluses through wage compression and suppression of consumption. The surplus countries, especially Germany, are equally intent on preserving their own model of generating export surpluses by suppressing domestic consumption.-LOUISA GOULIAMAKI/AFP

Mess in eurozone

The European lemmings are now leading the pack of the rest of us into the sea of the next big global economic crisis.

Tyranny of finance

European leaders have explicitly been giving preference to the appeasement of financial markets over the requirements of political democracy.

GERMAN CHANCELLOR ANGELA Merkel and French President Nicolas Sarkozy at a European Union summit in Brussels on October 26.-YVES HERMAN/REUTERS

Sinking ship

The collapse of the eurozone as it now exists is imminent unless drastic and ambitious action is taken.

Misleading picture

The theories about a major shift in global economic power from the North to the South are premature because they are derived from a flawed methodology

AT A JOB fair in Hyderabad, a scramble for enrolment forms.-MAHESH KUMAR A/AP

Labour lost

A recent document from the ILO and the OECD on employment points to an economic crisis of great magnitude in the G-20 countries.

WORKERS AT THE farm of Karuturi Global Ltd, an Indian firm, in Bako, central Ethiopia, in November 2009.-BARRY MALONE/REUTERS

Landgrab' overseas

The global 'farmland grab' in Ethiopia and the rest of Africa has become competitive, with companies from Asia, including India and China, joining it.

Cyber City on the IT Corridor in Hyderabad. The IT sector in India is heavily dependent on exports to the United States.-P.V. SIVAKUMAR

Loose plank

Countries, including India, can no longer rely on exports to the U.S. as the means of generating growth in their own domestic economies.

Urban challenge

India faces a deadly situation: a growing urban population without adequate facilities, liveable conditions and employment.

Market frenzy

Recent price changes in global oil markets are affected by forces that have more to do with financial speculation than with demand and supply.

IN A government primary school in Hyderabad. Schools catering to middle-class children have better facilities than those serving the urban poor.-MOHAMMED YOUSUF

Funding, the key

It is essential for India to raise the level of public expenditure in education to ensure quality.

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