Courtesy: Tribune
Beijing has its finger on the economic pulse of the country, demonstrating a responsiveness to criticism at home and abroad. It reveals a great deal about Chinese political priorities and societal changes, and offers a collective learning for investors and markets worldwide – and especially for India.
Courtesy: News Max
China’s credit-led growth is likely to lead to a fairly severe economic crisis in the next two or three years. Recent research suggests that the current tactics may boost short-term growth, but harm its long-term prospects. Time is running out for the country’s ambitious policy-makers
Courtesy: Reuters
India’s equity markets are a success story in the country’s 70th year of independence, and there are two prominent state institutions responsible for this, the Securities and Exchange Board of India and the National Stock Exchange. SEBI has played an extraordinary role in bringing in market efficiency, but as the equity market regulator, it must have the corporate surveillance function as well
Courtesy: Mint
Government ownership of the Indian banking system has brought upon it a host of governance issues in the seven decades since independence: the Non Performing Asset crisis is a symptom of this, and clear indication that the system needs restructuring
Courtesy: Pixabay
Once a laggard, Argentina is now a rising star in South America. Its economy is recovering, GDP growth is stable and financial reforms have taken hold. In 2018, it will host the presidency of the G20, its first step onto the global stage after over a decade in isolation. With Argentina’s G20 agenda fully aligned with India’s priorities, how can India gain?
Courtesy: Northernminer
In the wake of trade-based globalisation followed by financial globalisation, a large volume of capital began moving from developing to advanced countries. This has resulted in relatively poor developing countries effectively becoming net creditors to the rest of the world. Reversing this massive outflow of capital requires governments to strengthen governance in all its dimensions and have closer international collaboration to tighten the regulatory oversight of tax havens for greater transparency
Courtesy: The Wire
China has launched the One Belt, One Road (OBOR) Initiative in an attempt to rebuild the ancient Silk Road with proposed land and sea routes to promote infrastructure, trade, and investment in the regions that it will thus connect. The challenge will be to attract private financing to support the official and multilateral ones
Courtesy: Wikimedia Commons
The incoming Trump administration is inheriting an economy that is on a strong recovery path. What are the challenges in sustaining this and what is emerging as the new administration’s growth agenda?
Courtesy: Flickr/U.S. Army Africa
New Delhi now has the capacity to move beyond the basics of economic diplomacy by using the strengths of India's private sector in healthcare. Africa would welcome such an initiative, which will improve the health and development capabilities of African countries. This will also serve India’s geopolitical objectives and can precede a similar healthcare rollout to other regions
Courtesy: Common Dreams
A decade after the term ‘degrowth’ was first deployed by a small group of European academics, it draws unconventional thinkers, not mainstream policy makers. The recent Degrowth Conference in Budapest made perpetual growth, not degrowth, seem utopian.