GH_Demonetisation_Web-724x1024 Courtesy: Gateway House
24 November 2016

Demonetisation around the world

Prime Minister Narendra Modi's announcement on November 8 to demonetise notes of the denomination of Rs 500 and Rs 1000 has a precedent. This infographic traces some interesting demonetisation initiatives around the world. From discontinuation of high denomination notes due to lack of circulation, to the use of beer and water as 'real assets' in place of hyper-inflated currency.

bank-getty-images-harold-cunningham Courtesy: Quartz
27 July 2016

Imperatives of regulatory diplomacy

Regulations are the new focus of economic statecraft. Their increasing importance is reflected in the negotiations on global financial standards, plurilateral trading rules, and regional economic unions.

India-US Partnership: $1 Trillion by 2030 by Nish Acharya Courtesy: Oxford University Press
1 July 2016

The India-U.S. Partnership: $1 Trillion by 2030

The story of U.S.-India relations is one of unfulfilled potential. Despite their common commitment to democracy, diversity, and free markets, the short- and long-term objectives have not aligned in a way that has enabled the creation of a robust economic and political partnership. These two nations, which will soon be the second and third largest economies in the world, must find ways to increase their economic integration over the next 10 years

1023-modi-cameron-mea Courtesy: MEA / Flickr
30 June 2016

The dislocations of Brexit: can India gain?

The result of the Brexit referendum is nothing less than a body blow to Bretton Woods organisations, International Monetary Fund-North Atlantic Treaty Organisation (NATO)-World Bank, that originated at the end of the Second World War. The possibility of an Asian century becomes more feasible, if India can be nimble enough to make the most of the opportunity which has presented itself in Europe.

IMG_2283 Courtesy: Manjeet Kripalani
2 June 2016

The sanctioned, sleeping beauties awake

The crippling effect of American sanctions are thorough; designed to strangle economies and bring entire nations to a halt. However, they unknowingly pull people together, imparting a deep sense of patriotism and often sparking innovation which can quickly surpass any other world power. With sanctions being lifted on nations like Myanmar, Iran and, hopefully, Cuba, the question remains whether they will retain their uniqueness or fall into line with the rest?

modi RCEP Courtesy: MEA / Flickr
26 May 2016

India’s five-cornered trade strategy

Five rather unfavourable trends define India’s trade performance over the past two years; these trends also provide useful pointers as to where India’s future trade strategy can go over the next three years as it deals with a global economic slowdown, the rise of megatrade agreements and a pivot to a more intensive trade relation with the U.S.

West_Texas_Pumpjack Courtesy: Wikipedia
13 April 2016

North America: petro state

The U.S. and Canada offer an opportunity for India to acquire large scale oil and gas fields in politically stable countries at a low price. A financial investment in energy companies will protect India against a rise in energy prices without raising concerns in host countries.

TPP Courtesy: ustr.gov
26 November 2015

TPP & ISDS: new tests for India

The U.S.-driven Trans Pacific Partnership agreement between 12 countries, which is aiming to become the new standard of world trade, impacts domestic systems globally. For India, it will skew investment and intellectual property rights, and especially the debate over the Investor State Dispute System which allows companies to challenge sovereign rights and public policy.

Modi Obama Wiki Courtesy: Wikipedia
21 October 2015

Building on India-U.S. meeting points

Modi’s second visit to the U.S. in September indicates a growing partnership in such areas as business, technology, and climate change. Though gaps too remain—for example, India is not part of the TPP and its bid for a UNSC seat is on hold—for now, it is time to consolidate bilateral meeting points, and India can start by simplifying its trade policy and tariff structure