The U.S.-driven Trans Pacific Partnership agreement between 12 countries, which is aiming to become the new standard of world trade, impacts domestic systems globally. For India, it will skew investment and intellectual property rights, and especially the debate over the Investor State Dispute System which allows companies to challenge sovereign rights and public policy.
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Although it is too soon to comprehensively analyse the Trans-Pacific Partnership agreement of October 5, it is worth assessing what is known. Here are the facts, the controversies, the assessments, and the implications for countries that are not part of the agreement, especially India.
The B20 forum has become an important advisor to the G20, bridging the gap between business and foreign policy. Its effectiveness will depend on whether it can emerge as a solutions provider for the G20 and not just an advocacy forum. Indian business can play a vital role in shaping this mandate
Dr. Kanti Bajpai, Professor, Lee Kuan Yew School of Public Policy, Singapore, talks about the reasons for the breakdown in the India-U.S. bilateral. In an interview to Gateway House, he also examines the recent strides taken in deepening India-Japan ties and the new government’s priorities in East Asia
As 2013 draws to a close, Gateway House examines the tumultous year and the significant developments that affected foreign policy globally. Below is our geopolitical forecast for 2014
Bilateral Investment Treaty agreements (BIT) are often conceived as an academic or historical interest. However, for many countries, these agreements help investors in understanding dispute resolution and legal mechanisms.
Demography statistics indicate that in the coming decades, there’ll be a population surge in less developed countries, while developed nations will contribute most to the world’s GDP. This trend necessitates the urgency for implementing targeted policies in healthcare, education, etc. to address the imbalances.
The Indian and Pacific Oceans are increasingly seen as an interdependent strategic and economic space, and India can play an important role in the region’s security; but does it have the will and resources to become an ‘Indo-Pacific’ power?
The G20 Leaders' declaration at the 2012 Summit in Mexico aims to achieve economic stability; better employment and social protection policies; strengthen and reform the international financial architecture; enhancing food security and address commodity price volatility.
For developed countries, the United Nations cautions against fiscal austerity, calls for additional short-term stimulus spending, a redesigning of fiscal and economic policy to promote structural growth and suggests ensuring sufficient resources are made available for developing countries.