Courtesy: Gateway House
A slowdown of the Chinese economy, and the shift, particularly by MNCs, from China to other more competitive locations has opened up business opportunities for latecomers to supply chains in the developing world. Evidence suggests that Southeast Asia and some South Asian countries like India, Sri Lanka, Bangladesh, could be beneficiaries of the supply chain shift, particularly in labour-intensive segments.
Courtesy: Gateway House
Geopolitics is increasingly intertwined with the economic destiny of South Asia. Even before the U.S. tariffs were rolled out, growing polycrises had hit the global economy, which has been struggling since the pandemic. South Asia seems a relatively bright spark of regional trade and growth. This paper analyses South Asia’s trade architecture in the backdrop of a sluggish world economy in the 2020s, and makes recommendations for closer regional economic integration.
Courtesy: Getty Images
Sanctions against Russian energy, high cost fuel, heat waves and droughts all at once have raised the price of daily energy use to unprecedented levels and plunged large parts of the world into darkness.
Courtesy: ibctrain.com
The main objective of the Shanghai Cooperation Organisation’s (SCO) Energy Club, when Russia formed it, was to market its member states’ substantial oil and natural gas reserves. This map shows some of the important natural gas pipelines, originating from Russia and its neighbouring countries that are not members of the SCO. What can India do to secure supplies from these abundant but currently inaccessible natural gas reserves?
Courtesy: Wikimedia Commons
The World Bank report highlighting the need for far-reaching reforms in the power sector underlines the necessity for the centre and state governments to arrive at a political consensus. The model of cooperative federalism advocated by Prime Minister Modi has the potential to transform the electricity scenario
Courtesy: Michael Trolove/WikimediaCommons
Growing instability in the region make the planned Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline seem more like a burden than a solution to India’s hunt for alternative energy sources. Is it wise for India to move ahead with the $7.6 billion project?