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Canada Goose Parka Offering advice is the easiest thing canada goose coats to do, something proved all over again by none less than the President of the United States, Barack Obama. Canada Goose Parka

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canadian goose jacket Yet, Mr. Obama may have done Walmart and others of its kind a disservice by flagging FDI in retail as a crucial reform measure. canadian goose jacket

buy canada goose jacket For one, buy canada goose jacket cheap it is not as cheap canada goose uk important as it is being made buy canada goose jacket out to be there are more important reform measures that India needs to undertake such as streamlining subsidies and pension reforms. canada goose clearance sale Two, by lobbying for it openly, the President has managed to set off a stream of hostile reactions from across the political spectrum in Canada Goose Outlet India. buy canada goose jacket

canada goose coats It is bad enough for an American President to cheap Canada Goose be seen advising Canada Goose Parka the country but it is worse when it is on a sensitive subject that has been hanging fire for many years canada goose uk black friday now. Obama advice on the need for opening the economy has to be seen in the context of his own statements against outsourcing of jobs to India which is also protectionism. to stop its corporations from outsourcing jobs to India, which incidentally only increases their efficiencies, it is canada goose also right for India to stop a Walmart at the door to protect its own small retailers who will be wiped out Canada Goose online if the multinational chain sets up shop. canada goose coats

Canada Goose Jackets Of course, Indian consumers and suppliers who might have benefited from the efficient supply chain of organised retail will be the ultimate losers. But that is the futility of protectionism, the price that an economy pays for it. There is enough economic literature available for those interested to read on how protectionist measures adopted by various countries prolonged the Great Depression in the canada goose store 1930s. So where do these protectionist tit for tats stop? Canada Goose Jackets

Canada Goose Outlet Globalisation, which is all about free movement of products, funds, people and also jobs, is the answer. But for it to be successful, every country has to play the game fairly. Mr. Obama advice would have been taken more seriously if only he were not clamping down on India IT companies by making outsourcing difficult and expensive. Canada Goose Outlet

canada goose black friday sale What there is another ghost that needs to be exorcised and that is the so called in India investment climate. Of course, India economic growth has slowed down to 6.5 per cent from the heady nine per cent plus levels canada goose uk shop of the recent past. Yes, inflation is still a scourge. The rupee has depreciated sharply in recent months and the deficit on the external account is higher than what it historically has been. canada goose black friday sale

canada goose clearance sale So why single out India, which is still growing at a decent clip, for a deteriorating investment climate? The comment seems to be more directed at the recent budget Canada Goose Online measures on tax avoidance rules and the bid to tax Vodafone retrospectively. There canada goose coats on sale seems to be a concerted effort on among powerful investor groups and multinational corporations to get India to drop the two proposals. canada goose clearance sale

canada goose Indeed, these two issues were brought up by the Treasury Secretary, Timothy Geithner, when Pranab Mukherjee visited Washington DC in April last. Mr. Obama comment now is probably an extension of that. The only difference is that the President has been canada goose uk outlet graceful enough to admit that is not the place of the United States to tell other nations, including India, how to chart its economic future Exactly canada goose.