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.
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This article journeys the narrative surrounding the decision to identify three issues: How did the Labor Party build up a rhetoric that supports uranium sales to India? Can the decision point to Indo-Australian rapprochement just yet? What formalities are expected to follow from the decision?
The year 2011 saw various events - the Arab Spring, anti- corruption protests, Europe's sovereign debt crisis - transform countries and reshape the world order. Gateway House takes a look at what these events mean for India, and presents India's top foreign policy cheers and jeers for the year.
Parag Khanna, a senior research fellow at the New America Foundation and European Council on Foreign Relations, says Indians should focus on India, not compete with China. In this interview, he talks about the lokpal bill, the economy and global capitalism.
Amidst myriad country groupings that already exist – BRICS, IBSA, APEC, SCO and many others – a new initiative in the Pacific is looking to integrate more powerful countries to form a multilateral free trade agreement – the Trans Pacific Partnership. How important is this towards the reshaping of trade and power?
Normalization of the US - Myanmar relationship could usher in irreversible changes in the strategic environment of not only Myanmar, but also in the region. It means entry of global players - challenging China's presence in Southeast Asia.
A United States pivoting towards being a 'Pacific Country' means less attention on the Middle East, raised tensions with China and the potential trampling of the economic systems of democratic allies in the region for its own gain with tariffs and trade regulation.
Turkey, India, Mexico, Brazil, and Indonesia are all quickly growing democracies with similar demographics. Their surging labor forces and political openness will see them grow into major economic powers.
Dilemmas arising from circumstances in the Western Pacific demand new solutions, not obsolete Cold War-era concepts. Peaceful resolution of these conflicts requires the United States and China to relinquish any desire for regional primacy.
In Burma media censorship is all but gone, new labour laws legalise trade unions and strikes, poverty alleviation is a common word in government, and Aung San Suu Kyi has risen as a political force.