Courtesy: Jeremy Edmunds/Flickr
Efforts to reform credit rating agencies after the 2008 financial crisis have failed to address concerns about their ability to assess a nation’s financial status. Issues like private interests and a disregard for the diversity of development models have made it imperative to think of a new multilateral agency
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To navigate the U.S. away from the huge monetary stimulus, the Federal Reserve has initiated tapering. But in an integrating world, the emerging economies, especially India, China and Brazil, will see collateral liquidity damage. How will the Fed enforce its mandate? How will central banks in emerging markets react?
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U.S. President Barack Obama’s focus on domestic issues has sidelined his country’s foreign policy at a time when China is ascending as a superpower. With China’s economy set to surpass the U.S.'s by 2017, a recent report presents a ‘grand strategy’ for the U.S. to counter China’s economic and strategic expansion
Courtesy: Government of India
The extent of the rupee’s depreciation in 2013 demonstrates the Indian market’s dependence on overseas portfolio investments. Can developing domestic institutional bulwarks allay anxieties during similar crises? Is tapping into India’s deep pool of domestic savings, by modifying archaic regulations, an option?
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The U.S. government shutdown and President Obama’s absence gave China immense diplomatic and political space at the APEC and East Asia Summit meetings. China’s declaration of a “de-Americanised” world may be premature but the crumbling old order is doing little to dispel this notion
Gateway House's Akshay Mathur interviews Benn Steil, Senior Fellow and Director of International Economics, Council on Foreign Relations (CFR), on his latest book, ‘The Battle Of Bretton Woods’ on how the IMF and the World Bank came to be.
Courtesy: Center for American Progress/ Flickr
The upcoming India-U.S. Strategic Dialogue offers an appropriate platform to move past complaints both sides have against each other in the trade and economic spheres. The stage can be used to re-apply emphasis on strategic relations and reach levels of goodwill established during the time of former U.S. President George W. Bush and Manmohan Singh
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Following the 2008 mortgage crash, the U.S. Federal Reserve Board implemented a quantitative easing policy – to stabilise the banks, and rejuvenate the economic environment. Although this strategy has brought some respite, it has done so without creating many new jobs for Americans.
Courtesy: Pete Souza/The White House
Despite U.S. President Barack Obama’s re-election, a number of issues like the U.S.’s national debt, unemployment and the military withdrawal from Afghanistan need to be addressed. With these multiple national and global imperatives crowding his agenda, will Obama have any time for India?
Rajat Gupta, former chief of McKinsey & Co., was sentenced to two years in jail for insider trading and a fine of $5 million. Whether that will send a deterrent message to corporate boardrooms, which prosecutors claim, is unclear.
