Monday, July 16, 2007

Uhh, the Lula way is a very slow way

Lula’s land reforms aren’t working well; he needs fast restructuring

Most The hidden agony...of the Latin American countries are moving from anti-capitalism to anti-Americanism and finally to defined and refined socialism. Brazil elected Luiz InĂ¡cio Lula da Silva of the Socialist Party as its President. But the popular President Lula is now struggling to control the impatience of thousands of landless, homeless street labours and workers. Lula, after his inauguration in 2006, had promised to reform land distribution. His resettlement of 400,000 families and similar moves were supposed to prove his credentials. But now, workers claim that the pace of land reforms is far from satisfactory. What’s the true picture?

While the landless, homeless peasants started their movement for land in 1985 under the controversial but well known organisation for landless workers, Movimento dos Trabalhadores Sem Terra (MST), the movement has been fruitless so far – while in 1991, nearly 14,000 poor homeless street workers were staying in temporary roadside camps, that number has grown to 70,000 in 2006.

In reality, though one might want to emotionally support Lula, the fact is that Brazil has become one of the few countries in the world having the highest glaring inequality in private land ownership. At the bottom of the hierarchy, while 5 million families now are miserably landless, about 6.5 million families with ‘smallholdings’ are crowded into 25% of farmlands, where almost 80% of the rural population lives. Startlingly, around 500,000 Brazilians at the top of the ladder now occupy about 75% of the cultivated land, with an average holding of 600 hectares. Lula, it’s time for you to learn from Chavez...

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Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Wednesday, July 11, 2007

Thumbs(up)son!!!


IIPM Best B-School

In Thumbs(up)son!!!a deal that would create the world’s largest financial news and data firm; Canadian Publisher ‘Thomson’ has agreed to buy the news provider Reuters for $17.2 billion. Reuters Founders share company (which controls a special share in Reuters) and Woodbridge (The Thomson family-holding company, which controls 70% of Thomson) has irrevocably decided to vote in favour of the transaction. However, the combination of two companies will adopt a dual listed company structure. Though the companies will remain separate legal entities, but they will be managed as a single economic enterprise. Importantly, the dual listed company structure will allow the combined businesses to have listings in the US, UK and Canada and will also allow all the shareholders to actively participate in the further value-creation process.

“The combinations will create exceptional global information company, guided by Reuter Trust Principles,” said Tom Glocer, Chief Executive of Reuter on the merger of Thomson and Reuter. Tom Glocer will be heading the combined entity called Thomson-Reuter Company, while the President and CEO of Thomson, Richard Harrington, will retire. As a result of this deal, the two companies are expecting savings worth $500 million by the end of the third year.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative