The man at the center of India’s shift to oligarchy – MENAFN.COM

The man at the center of India’s shift to oligarchy – MENAFN.COM

(MENAFN - Asia Times) 'Cronyism' is a term that came to prominence in the 1990s, especially during the Asian financial crisis. After posting some of the most impressive growth rates in the world, the so-called Tiger economies – South Korea, Taiwan, Singapore, Indonesia, Malaysia, Thailand and Vietnam – saw their stock markets and currencies lose about