I am a second-generation economic migrant.
In an attempt to counter perceptions of political drift, the central government is introducing a slew of long-awaited second-generation economic reforms in coming weeks, including one that will allow foreign direct investment in multi-brand retail enterprises and permit foreign airlines to invest in domestic aviation companies (Hindustan Times).
This second generation of economic "welfare rights," the argument went, helped to ensure that the political, economic, and legal rights belonging to the first generation could be made effective in protecting the vital interests of citizens and were not simply paper guarantees.
Mr. Kumar argued that the government was not paralyzed and would indeed move forward on a second generation of economic reforms "before long".
Inspired by the three themes of the French Revolution, they are: the first generation, composed of civil and political rights (liberté); the second generation of economic, social, and cultural rights (égalité); and the third generation of solidarity or group rights (fraternité).
The government has promised a "second generation" of economic reforms, which are expected to include reform of the labour laws, more privatisation and reductions in subsidies.Early signs are that the BJP will have an easier time managing its sprawling coalition than it did before.
Despite their failures, this first generation of economic forecasters helped to make the prediction of economic trends a central economic activity, and shed light on the mechanics of financial markets by providing a range of statistics and information about individual firms.
Attempts by technocrats to push through a so-called "second generation" of deeper economic changes were undermined by the inability of the Congress Party to corral its coalition partners.
The second generation, composed of economic, social, and cultural rights, originated primarily in the socialist tradition, which was foreshadowed among adherents of the Saint-Simonian movement of early 19th-century France and variously promoted by revolutionary struggles and welfare movements that have taken place since.
Second generation rights are social, economic and cultural and include the rights to reasonable levels of education, healthcare, and housing and minority language rights.
