Friday, April 13, 2007

YOGANOMICS

The ‘Learning Happiness’ course at the Harvard Business School now attracts the maximum number of applicants. But this article is not about the course, but something closely related, yoga! With grueling work hours, stressful schedules and uncompromising lifestyles, the quest for human happiness is increasing; and to that extent, the yoga philosophy is increasingly being seen as a ‘must-add’.

Latest statistics are eye opening. Around 70,000 trainers are known to now impart the practice and knowledge of yoga to around 30 million people in North America alone. Not only individuals, but government offices, police, military, therapist, schools and media are also capitalising on this 5,000 years old art of living. The yoga market offers everything ranging from teachers, corporate portfolio, accessories, yoga mats, equipment, instructional books and DVDs to tours to India. But most stunningly, recent studies show that while US now spends close to $2.95 billion on yoga classes alone, the size of the yoga industry now is, phew, $30 billion! It’s quite clear that the emphasis on the quest for human happiness has the potential to not only change the world, but also to add to global GDP figures! There’s perhaps only one other ‘happiness’ industry that’s as good, if not better, in sales. April 2007 saw CNN reporting the global porn industry to be worth $57 billion... ahem!

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Source : IIPM Editorial, 2006

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



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Friday, March 23, 2007

International Legal Eagles

There are two schools of thought when it comes to understanding the relationship between the international law and national law. The Monist theory asserts that there is one homogenous system of law and there is no difference between the national and international law. For the monist, international law is simply part of the law of the land, together with the more familiar areas of national law. Dualists, on the other hand, opine that the international and domestic laws are two distinct entities and that “they exist” side by side, within different spheres of action – the international plane and the domestic plane. Countries like India, Israel, UK and others follow the monist model. The thin line dividing the two streams of law is gradually thinning under the weight of “politics of globalisation” – internationalisation of human rights and environmental issues. The formation of International Criminal court (ICC) in 2003 marked a watershed in bridging the divide. Although India and USA are not members of the ICC, they are actively involved in the evolution of the international legal norms. As the borderless world evolves further, the Monist are likely to be marginalised in coming times.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative