Sports Economist on Australia-India

The Sports Economist weighs in on the Australia- India Series, from, well, an Economists view. From an economic perspective, the interest lies in the immense economic power of India and the governance structure of the ICC. Evidently the broadcasting rights from India represent the vast bulk of ICC revenue (I don't have figures to confirm this, but some reports have suggested that 70% of all ICC revenue comes from India). The ICC itself has a byzantine governance structure and, it would seem, little capacity to properly take chage of international cricket by reforming the governance structure to ensure that nations (India in this case) can't use the threat of 'taking their bat & ball and going home' when they don't like the umpire's decision.