Courtesy: Sputnik News
Speakers at the seventh Atlantic Dialogues, held in Morocco earlier this month, discussed what the challenge to western dominance and China’s expansionism meant for their political and economic future
Courtesy: Gateway House
The Think20 Inception conference, held in Tokyo on December 4-5, 2018, kicked off the research process for 2019 for the leading think tanks from G20 countries that work on issues of global economic governance. The author participated in the conference as an observer.
Courtesy: NTNU
The emergence of the Fourth Industrial Revolution depends on the availability of rare- earth minerals, which occur extensively on the ocean floor of the Indo-Pacific. The technology to exploit this is available only to some countries currently: the global agreement on this must be fair and safeguard India’s future interests, says the author of this blog
Courtesy: Competitive India
'Strategic OFDI’ is outward foreign direct investment made by nations in their strategic interests. China leads the way, but the U.S. has also just announced a new agency for strategic OFDI. It will now gain increasing salience in global foreign policy.
Courtesy: Lifeforex
Basing the global oil trade on the Yuan instead of the U.S. Dollar is one leg of China’s bid to convert its currency into the international reserve currency, replacing the dollar-dominated global financial architecture. But many factors impede the Yuan from reaching the maturity required for its global adoption.
Courtesy: Foreign Affairs
The immediate threat is more corrosive than explosive. States are using the tools of cyberwarfare to undermine the very foundation of the Internet: trust. The result is that an arena that the world relies on for economic and informational exchange has turned into an active battlefield.
Economist Surjit S. Bhalla, who sits on the Prime Minister’s Economic Advisory Council, says all currencies, not just the rupee, have fallen against the U.S. dollar. Speaking to Gateway House’s Manjeet Kripalani, he elaborates on some diplomatic and domestic tools to stem the fall, even in an election year
Courtesy: Legal Entity Identifier
Ten years after the global financial crisis, some reform has come about. To further transparency, the Legal Entity Identifier (LEI), proposed by the G20, is a code used to identify the parties that participate in financial transactions around the world. While its benefits and applications are abundant and will reduce systemic vulnerability, its global implementation is complex and slow. This primer shows why – and also why the LEI should be urgently and widely adopted
Courtesy: T20 Argentina 2018
In a policy brief for Argentina's G20 Presidency in 2018, K.N. Vaidyanathan, Akshay Mathur and Purvaja Modak discuss the challenge and propose policy recommendations for transparency in cross-border financial transactions
Zeti Akhar Aziz, economic advisor to newly elected Malaysian Prime Minister, Mahathir Bin Mohamad, believes that economic policy should be rooted in moral and religious ideas
