ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

International marketsSubscribe to International markets

Towards an Alternative Indian Tea Economy

The Indian tea economy is undergoing acute transformations, with the divestment of tea companies from plantations leaving thousands of plantation workers jobless, and small tea growers struggling with a general lack of knowledge and their dependency on bought leaf factories and intermediaries. A review of the current trends in the Indian tea market and two alternative sites in Darjeeling indicates the potential of solidary enterprises and also exposes the difficulties these groups face to emancipate themselves from the colonial-style tea companies.

Strange and Worrying International Market Liquidity

There seems to be a rise in illusory liquidity in international markets, which appears to be plentiful in quiet times, but vanishes at other times. “Flash crashes” are more frequent. Reforms that have made banks safer have contributed to this, leading to a withdrawal of short-term market participants, and causing long-term investors to act short term. There seems to be a trade-off between day-to-day liquidity and what I call “systemic liquidity.”
Back to Top