Over his fascinating career as a writer, thinker and essayist, Pankaj Mishra has written searing histories of colonialism, and explored his concerns about a global pandemic of rage, populist revolt and fanaticism. But in his first novel in 20 years, he found a deeper truth in the emotional lives of people trying to navigate the many upheavals of the 21st century. A place where he didn’t have to be a polemicist for hire but could ask questions, leave ideas unresolved.
“Being a novelist enables you to hold a conversation with different parts of yourself,” he says. “And be critical of your own milieu, too ...”
Run And Hide does feel as much of a warning to the world as Age Of Anger, his 2017 non-fiction book which argued that social, economic and political disenfranchisement was causing global disorder.
A group of friends who meet at the Indian Institute of Technology take every opportunity available to them at the turn of the century to succeed. Aseem is a media personality and novelist, Virendra is a Dalit who becomes a Wall Street billionaire. It’s only our narrator, Arun, who is reluctant to follow the money, checking out of the expected career path to become a translator in the Himalayas. They have all come from nothing. What they choose to do with their previously unimaginable amounts of financial and social capital is a lesson for our times.
There’s become this obligation to reinvent yourself to survive this new world. You might have to give up languages or religions that you grew up with in order to become ‘modern’
Pankaj Mishra,
author
“Just about anything they want is available to them by the time they reach middle age, and that is the experience of a certain generation in India when it opened up to economic liberalisation and globalisation was becoming a reality,” says Mishra.
"They were perfectly positioned to take advantage of all the opportunities, not by working in a back office, but actually going to America, working through the tech companies, through the dotcom boom, through hedge funds and banks to become senior executives.”
Those options weren’t so available, says Mishra, for the generations that would follow. But without plot-spoiling Run And Hide too much, it doesn’t end particularly well for the friends who chase this dream. As Arun, who gets a taste of liberal metropolitan life in London, heads back to the Himalayas, he muses: “The new India will never make it.”
It feels very much like Run and Hide is a cautionary tale of the widening gap between rich and poor, the baggage of class and caste, and the collateral damage that can come with an unthinking, rapid push towards change and modernity.
“Yeah … the problem with the 'new India' project was that it was not aiming to be like, say, a successful middle income country of the kind that exists in Asia or Latin America,” says Mishra. “The project was to become an international superpower, on par with the US, Western Europe, and indeed, China. That was a totally fantastical and delusional project.
“In Run and Hide, Arun has come from a village where people are fed these fantasies, which are cruelly unrealisable. It’s my belief that Arun’s opinions are shared by literally millions of people who know how hopeless it is, without any proper education, to get a job or even be part of the subsistence economy.”
It’s fair to say Run And Hide isn’t afraid to explore these issues with some gusto; Arun becoming a quasi essayist at times in his extended observations on his generation’s desire to vie for “rewards that are as dubious as they are elusive”. But in a novel, Mishra can explore the deeper, more psychological effects chasing the dream can have on a country and its people. There’s more than one nod to VS Naipaul’s A Bend In The River, and its existential imperative to trample the past into the ground.
“Something very poorly understood in the West is that the transition from rural economies to metropolises was something Europeans went through for nearly a century,” Mishra explains. “But what India and China have experienced in the post colonial era, the migrations, the uprootedness has been compressed into two or three decades.
"That’s been a really traumatic experience for many people, and there’s become this obligation to reinvent yourself to survive this new world. You might have to give up languages or religions that you grew up with in order to become ‘modern’. You might even disown your parents if they speak with the wrong accent or don’t speak English at all.”
It sounds dramatic, but it is just this experience, this broken contract with the past, that Mishra’s characters try to navigate — with mixed results. Arun, though he could have everything in this modern India, is still searching for something that will bring him true fulfilment.
Mishra knows that he could be quite easily accused of being part of the intellectual, metropolitan left who he takes time to mercilessly satirise in the closing phases of the book — people whose hearts might seem in the right place but are blissfully unaware of the larger landscape of cruelty and injustice, or sometimes unwittingly complicit in it. It was only in the writing of a novel that he could interrogate his own feelings more intensely as a product himself of systems of injustice in India.
“Writing a novel now was a revelation to me in the way I wanted to speak to people,” he says. “And not just people in India. I think anyone who’s grown up feeling an outsider because of their class, their background — even their accent — will understand the scars of my characters.
"But that’s what novels can do; speak at different levels to readers shaped by different contexts and experiences.”
Run and Hide (Hutchinson Heinemann) is out now
Watch The National's interview with Pankaj Mishra right after he won the $150,000 Yale literary prize in March 2014:
The Kites
Romain Gary
Penguin Modern Classics
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Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
Emirates Cricket Board Women’s T10
ECB Hawks v ECB Falcons
Monday, April 6, 7.30pm, Sharjah Cricket Stadium
The match will be broadcast live on the My Sports Eye Facebook page
Hawks
Coach: Chaitrali Kalgutkar
Squad: Chaya Mughal (captain), Archara Supriya, Chamani Senevirathne, Chathurika Anand, Geethika Jyothis, Indhuja Nandakumar, Kashish Loungani, Khushi Sharma, Khushi Tanwar, Rinitha Rajith, Siddhi Pagarani, Siya Gokhale, Subha Srinivasan, Suraksha Kotte, Theertha Satish
Falcons
Coach: Najeeb Amar
Squad: Kavisha Kumari (captain), Almaseera Jahangir, Annika Shivpuri, Archisha Mukherjee, Judit Cleetus, Ishani Senavirathne, Lavanya Keny, Mahika Gaur, Malavika Unnithan, Rishitha Rajith, Rithika Rajith, Samaira Dharnidharka, Shashini Kaluarachchi, Udeni Kuruppuarachchi, Vaishnave Mahesh
RESULTS
6pm: Al Maktoum Challenge Round-2 – Group 1 (PA) $55,000 (Dirt) 1,900m
Winner: Rajeh, Antonio Fresu (jockey), Musabah Al Muhairi (trainer)
6.35pm: Oud Metha Stakes – Rated Conditions (TB) $60,000 (D) 1,200m
Winner: Get Back Goldie, William Buick, Doug O’Neill
7.10pm: Jumeirah Classic – Listed (TB) $150,000 (Turf) 1,600m
Winner: Sovereign Prince, James Doyle, Charlie Appleby
7.45pm: Firebreak Stakes – Group 3 (TB) $150,000 (D) 1,600m
Winner: Hypothetical, Mickael Barzalona, Salem bin Ghadayer
8.20pm: Al Maktoum Challenge Round-2 – Group 2 (TB) $350,000 (D) 1,900m
Winner: Hot Rod Charlie, William Buick, Doug O’Neill
8.55pm: Al Bastakiya Trial – Conditions (TB) $60,000 (D) 1,900m
Winner: Withering, Adrie de Vries, Fawzi Nass
9.30pm: Balanchine – Group 2 (TB) $180,000 (T) 1,800m
Winner: Creative Flair, William Buick, Charlie Appleby
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young