Finance and morality the Malaysian way
Zeti Akhar Aziz, economic advisor to newly elected Malaysian Prime Minister, Mahathir Bin Mohamad, believes that economic policy should be rooted in moral and religious ideas
Zeti Akhar Aziz, economic advisor to newly elected Malaysian Prime Minister, Mahathir Bin Mohamad, believes that economic policy should be rooted in moral and religious ideas
India and the world have watched China’s growing investment in Asia and beyond with a mix of awe and apprehension. The unprecedented scale of these investments are reshaping political arrangements around South Asia.
Internal political constraints dog it currently, but if overcome, South Africa can be a good chairman to BRICS and IORA in 2018. It also has a tough balancing act to perform between two great Asian powers, China and India
China has expanded its presence in the Indian Ocean Region. President Xi Jinping has abandoned Deng Xiaoping’s conciliatory posture for an aggressive, money-fuelled search for super power status
The long march to implement the long-awaited Good and Services Tax in India has just begun. It is instructive to understand how other countries introduced this tax and cherry-pick lessons from their experiences
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?
In two years, the Modi government’s Act East Policy has gone well beyond the focus on economic ties of its predecessor, the Look East Policy. It has made progress on many wider fronts, including connectivity and defence collaboration. India must now build on this success and further consolidate relations and trade links with ASEAN and beyond
India and Singapore elevated their ever deepening relationship to a strategic partnership last year. The two countries laid out an ambitious roadmap for expansion and diversification of bilateral ties. What drives this multi-layered bilateral relationship?
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.
Although it is too soon to comprehensively analyse the Trans-Pacific Partnership agreement of October 5, it is worth assessing what is known. Here are the facts, the controversies, the assessments, and the implications for countries that are not part of the agreement, especially India.