Punitive tariffs on components for solar power generation and an underwhelming incentive scheme for domestic manufacture are likely to worsen the problems that the sector faces. The clear costs of this policy of protectionism and licensing do not seem to have been weighed properly against the chance that it will create an efficient domestic production base in this sector, says the Other views examine the impact of the Biden administration’s $1.9 trillion stimulus package on emerging market, strategies to deal with inflation and the Covid-19 vaccine. The Biden administration s mega-stimulus could set off a tug of war between growth and inflation and a churn in emerging markets.