Courtesy: Agnostic Preachers Kid/Wikimedia Commons
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?
Courtesy: Google Maps
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Courtesy: Ministry of External Affairs, India
In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month
Courtesy: Jeremy Edmunds/Flickr
The issue of gas pricing is in the public discourse after the Aam Aadmi Party questioned the logic of linking domestic prices to global rates. In the absence of a single global marker price, it is time India, and other large importing countries in Asia, develop a pricing mechanism that reflects regional realities
Courtesy: G20 Taskforce, Department of Prime Minister and Cabinet
After 2008 the G20 framed guidelines for emerging economies to coordinate their financial actions with the developed world. But the US’s backtracking created havoc in many countries. Now, after the recent G20 meeting, it may be time for the RBI to reconsider some financial measures, which India took in good faith
Courtesy: Ministry of External Affairs, India
Talks between India and the delegations visiting this week from Saudi Arabia and Iran revolved around defence, energy, trade, and regional security. High level visitors to India from Bahrain last week also focused on the economy. It is in India’s interests to carry forward this momentum even after the general elections
Marshall Bouton, an expert on the India-U.S. bilateral, talks about how ties between the two countries can be repaired. In an interview to Gateway House, he also discusses the steps India must take to integrate with the global economy, and the U.S.’s plans in Afghanistan
Courtesy: Prime Minister's Office
The India-ASEAN Free Trade Agreement in services and trade will allow India to leverage its competitive offerings in IT, finance, among other fields. But the pact has proved elusive so far due to the open squabbling between ministries. The deal now looks set to come through only after the new government takes over
Courtesy: Gobierno de Chile/Wikimedia Commons
Can India integrate more fully into the global economy and energise its trade by joining the Trans-Pacific Partnership? Or will negotiating an entry require significant concessions, not necessarily in India’s interests? These outcomes will depend on how TPP framework itself develops – inclusively or exclusively
Courtesy: Secretary of Defense/Flickr
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
