3W7A0452 Courtesy: Gateway House
14 February 2017

Russia’s financial resiliency and capabilities

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In this interview Anastasia Likhacheva discusses the impact and a few of the positive externalities of the oil price drop, sanctions and counter sanctions on the Russian economy. Despite Trump’s obvious warmth towards Russia, she doesn’t foresee any major agreements signed between the two countries due to the roadblocks that can be placed by the U.S. Congress and the U.S. Senate. She further describes the role she sees Russia undertaking in Asian financial institutions like the NDB and the AIIB in the future.

GH_Demonetisation_Web-724x1024 Courtesy: Gateway House
24 November 2016

Demonetisation around the world

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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.

degrowth 2 Courtesy: Common Dreams
15 September 2016

Degrowth: a “bomb-word” comes of age

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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.

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

The dislocations of Brexit: can India gain?

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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.

Union_Jack_and_the_european_flag Courtesy: Wikipedia
19 June 2016

What does Brexit mean for India?

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On June 23, the United Kingdom will vote on whether they wish to remain a part of the European Union through the Brexit vote. The debate surrounding the vote has spurred many a heated and emotional debate. While the Indian government has not declared anything publicly - remaining in the EU would be beneficial to Indian businesses.

Modi_Hollande Courtesy: Wikimedia
3 February 2016

Friendship with France: On a new high?

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French President Hollande was the chief guest at the Republic Day parade on 26 January 2016. India-France relations, post President Hollande’s visit, are promising, and will have a positive impact on Prime Minister Modi’s scheduled visit to Brussels later this year including India's trade with the EU. Informed citizenry should appreciate the huge stakes involved.

stuenkel Courtesy: Lexington Books
21 December 2015

The BRICS and the future of global order

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Oliver Stuenkel's book provides a well-researched account of the evolution of BRICS – starting from the forum’s inception in 2009 to the present – and the interactions between Brazil, Russia, India, China and South Africa on global issues.

Secretary_Kerry_Holds_Bilateral_Meeting_With_Ukrainian_President_Poroshenko_at_NATO_Summit_in_Wales_(15138223502) Courtesy: Wikipedia
18 November 2015

Will the IMF bend for Ukraine?

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The IMF will soon consider an important change to its policy on lending that may help continue its bailout programme to Ukraine, even if Ukraine defaults on a loan from Russia that matures in December 2015. If it does make the change, the IMF could be staking its credibility to favour the West’s political agenda