Courtesy: BBC
Germany and India have revealed a dual priority for Africa: creating opportunities for prosperity and promoting stability. For both, these are uncharted waters and represents a shift in the locus of global dynamism, away from an Anglo-Saxon world order to a more diverse yet potentially fissiparous one
Courtesy: Gateway House
In his interview, Dr. Peter Wolff discusses the pillars and objectives of Germany's Marshall Plan for Africa and the need to integrate it into the global value chain. In the sphere of renewable energy, he argues that the most effective way of establishing a solid renewable sector is through market based strategies rather than government based ones. Although in some industries public private partnerships are the best measure, in others a more corporate lead approach is better.
Courtesy: Gateway House
Prime Minister Narendra Modi's announcement on November 8 to demonetise notes of the denomination of Rs 500 and Rs 1000 has a precedent. This infographic traces some interesting demonetisation initiatives around the world. From discontinuation of high denomination notes due to lack of circulation, to the use of beer and water as 'real assets' in place of hyper-inflated currency.
Courtesy: ItzaFineDay/Flickr
Making the climate change transition involves an unprecedented reallocation of capital – and the task is to build the financial architecture that can deliver these flows within deadline. COP-22 has to raise more, cheaper and better quality finance for climate action.
Courtesy: Dr. Jehangir Sorabjee
The recent inauguration of the New Development Bank in Shanghai has made that city a focal point of international financial transactions between the five BRICS countries. This occasions revisiting some of the ways in which Bombay has been historically linked to it
Courtesy: BBC
At present, South Africa finds itself charting political and economic policy uncertainties. This is not to suggest that the domestic political crisis will see different trajectories unfolding with regard to its BRICS/IBSA engagements, or on a broader foreign policy path, but it will have repercussions at the international level, in terms of investor confidence, credit ratings, and currency volatility. Pretoria will face constant pressure to be seen as a credible actor, especially when it comes to its African identity.
Courtesy: Narendramodi.in
Narendra Modi’s landslide victory in India's 2014 general elections, despite his hardline nationalist image, was viewed as a localised phenomenon. But two years later, voters across the world from Europe to Philippines seem to be tilting towards leaders with the same nationalist tag.
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A recent confrontation between the Nigerian army and the Islamic Movement of Nigeria has rekindled the state’s tensions with its Shia citizenry. However, Nigeria should pay heed to its own contemporary history of the armed crackdown on an obscure religion sect that led to the birth of Boko Haram, and exercise caution while dealing with minority groups.
Courtesy: Heinrich-Böll-Stiftung/Flickr
On 29 May, Buhari was sworn in as the next president of Nigeria, ending the presidency of Goodluck Jonathan. The mandate for Buhari indicates that Nigerians want a firmer hand in dealing with corruption, regionalism, and insurgency. It is now Buhari’s task to fulfil these hopes
Courtesy: Flickr/Heinrich-Böll-Stiftung
The upcoming Nigerian elections is set to be a defining one for the country. Rampant corruption and the terrorist threat from Boko Haram have dampened the economic and social climate. The world is watching keenly as for the first time in a decade it is unclear which party will emerge victorious