Courtesy: World Trade Organisation
The imminent expiration of the terms of some members of the WTO Appellate Body, with neither any signs of their extension nor appointments being made afresh, suggests that this crisis will intensify. An analysis of all that ails the WTO Appellate Body, and the implications this has for India and the multilateral trading system
Courtesy: Gateway House
The re-election of the Bharatiya Janata Party to Parliament means that India’s infrastructure buildout will continue apace. This will be a heavy load on the environment. It will also have to abide by Prime Minister Modi’s commitment to the successful implementation of the Sustainable Development Goals (SDGs) by 2030. This offers an opportunity for the government to think innovatively about measures for sustainable development, particularly in pricing nature
Courtesy: MEA Flickr
Hosting the G20 Presidency in 2022 is a welcome challenge and a fitting aspiration for India. Preparations must begin now, with an immediate upgradation of domestic intellectual, administrative and physical infrastructure
Courtesy: Imarticus
A G20 discussion around fintech is needed because of the emergence of global technology giants as data intermediaries which are expanding into the financial services industry. This is resulting in regulatory risks and challenges. The panel on Fintech at the official Think20 Mumbai Roundtable, organised by Gateway House on 28 January 2019, could not be more timely
Courtesy: Hume Brophy
The global financial system has been driven by the search for profit, but serious flaws surfaced in such a myopic approach. Now, sustainable finance’s time has come—and investment decisions will benefit from integrating environmental, social and governance factors
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: 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:
Rise of trade in services has been extraordinary but we need to value how they are traded, measured, and regulated
Courtesy: Gateway House
China’s investment in Bangladesh’s stock exchange gives Beijing a chance to shape the financial architecture of the most vibrant economy in India’s neighbourhood