Who’s pills are they anyway?

Driven by the increased longevity of populations, strong economies and innovative new products, the pharmaceutical industry has been performing robustly for quite some time now and last year was no exception too. In 2006, the market in North America, which accounts for 45% of global pharmaceutical turnover, grew 8.3% to $290.1 billion, up from 5.4% the previous year. While the five major European markets - France, Germany, Italy, Spain and UK grew by 4.4% to reach $123.2 billion, sales in Latin America grew by 12.7% to $33.6 billion. Asia Pacific (excluding Japan) and Africa too grew at a steady pace of 10.5% to reach $66 billion. However, a price cut by the government forced the Japanese market to witness a marginal decline of 0.4% in its revenue from the previous year to $64 billion. Pharmaceutical sales in China also grew by 12.3% to $13.4 billion in 2006, but that surely was a steep decline, when compared with the 20.5% growth pace in the prior year (IMS Health).

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

India needs skilled trade negotiators who talk less.

The latest failure has sparked-off more debate on how countries like India should behave and act during trade negotiations. Those who still feel nostalgic about the Nehruvian era (when non-alignment was a gleam in the eyes), insist that India and other countries should band together in groupings like G-20 and present a united front to the First World. There is this naïve belief that a strong brotherhood of Third World nations can compel the developed nations to see reason and accept a more equitable trade regime for the world. Unfortunately, geopolitical and strategic realities work against such an Utopian solution. In the real world, nation states pursue their own strategic interests and don’t care much for blocs and groups, if they can get their way through other means.

The best example is China. Until recently, it was not even a member of the WTO. Yet, when it comes to trade, it has been rapidly emerging as a 800 pound gorilla that simply cannot be ignored. Clever negotiations and a mix of carrot and stick, coupled with favourable policies, have ensured that China runs a trade surplus of close to $200 billion with the United States. China didn’t achieve this success by screaming hoarse about Third World solidarity at every available public forum. Chinese policy makers negotiated quietly from behind the scenes and achieved the best possible results.

Commerce Minister Kamal Nath could do well to absorb a few lessons from his Chinese counterparts. India will be better off if he talks less about Third World solidarity and negotiates hard.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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...is the government, because of whom the Naxalite problem exists

One wonders how easily these critics forgot about the billions our successive governments have had, and never invested on sincerely developing the situation of the underprivileged... Nevertheless, Naxalism today is nothing but an organised extortion racket at best, and a bloody terrorist organisation bereft of ideology at worst, oft en using the disguise of intellectualism to hide their real motive.

So who takes the blame for this movement? Surprisingly, more than Naxalites themselves, the blame squarely lies on successive governments, who have never been able to provide productive employment, literacy, income, health services and a dignified existence to hundreds of millions of Indians. Think about it, after 60 years of so called ‘Independence’, India has 400 million poor. Naxalites have 400 million prospective members to recruit...

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow
Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com