mia-main Courtesy: wikimediacommons
31 October 2014

India needs an anti-tapering strategy

India faces heightened geoeconomic risks as the U.S. exits its unconventional monetary policy and the value of the dollar appreciates against major currencies. We can mitigate the risks with a multilateral safety net to provide liquidity, and by attracting FDI through the ‘Make in India’ programme

Ukraine sanctions Courtesy: aitonline.tv
16 October 2014

Sanctions are a negative peace

The imposition of sanctions by Western countries on Russia has conflagrated the Ukrainian crisis with both sides indulging in an asymmetrical sanctions game. The hardening of positions has caused the Russian and the European economies to suffer, with no end in sight for the conflict

WTO Courtesy: wikimedia
15 October 2014

India’s curious stand at WTO

India’s decision to block the Trade Facilitation Agreement at the World Trade Organisation in July was perplexing; the confusion was compounded because India was almost alone in its position. This policy perspective explains the reasons for India’s curious stand

india china Courtesy: Wikipedia
23 September 2014

India-China: evolving geoeconomics

The trade deficit and border issues have usually overshadowed the public discourse between India and China. However, below this surface, bilateral business and financial engagement is growing. India will have to engage judiciously with China to ensure that the resulting geoeconomic benefits remain in our favour

India-US-1 trillion Courtesy: Gateway House
15 September 2014

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

Indian prime minister Narendra Modi's landmark visit to the U.S. in September 2014 was followed by U.S. President Barack Obama's historic visit to India this month. Anticipating a renewed partnership between the two countries, Gateway House, presents a research paper titled ‘The India-U.S. Partnership: $1 Trillion by 2030’ that advocates a different path for the India-U.S. bilateral from all others, one that will help deepen economic relationship with the U.S.

singapore Courtesy:
11 September 2014

Lessons from Singapore

By using information and communication technology innovatively, Singapore has overcome the challenges of limited size and resources. There are many lessons here for India which is collaborating with Singapore on the Smart Cities project – especially when it comes to affordable housing and transport planning.

Nirmala Sitharaman with joint IPJF Courtesy: IANS/PIB
27 August 2014

India’s move towards economic diplomacy

For long the Indian administration has separated the domains of strategic diplomacy and trade facilitation. However, the new government is actively working to bring the two under one umbrella knowing well that ‘economic diplomacy’ is crucial to regaining India’s growth story

Argentina protests Courtesy: wikimedia
22 August 2014

Washington and the Argentine default

The Argentines blame the 'Washington Consensus' for the default in 2001, and the New York judiciary and vulture funds for the 'artificial default' in July this year. These are challenges not just for Argentina; they endanger the global debt restructuring system and contradict U.S. domestic laws

Arab Republics Courtesy: Synthesio.com
14 August 2014

Federalism for the Arab Republics?

Many Arab Republics are mired in political discord after the departure of the old tyrannical regimes opened up spaces for new struggles. In Iraq, Yemen, Libya, and Sudan, attempts to address the turmoil through constitutional reform are facing challenges. Will a democratic federalism be attained when the battles are done?

GST_Indian_rupee Courtesy: Associated Press
14 August 2014

How far away is fiscal federalism?

The debates and delays over the Goods and Services Tax exemplify how fiscal federalism is evolving through threats to its original design and rearguard action by states. Rebalancing the centre-state relationship is not easy, but an enlightened fiscal federalism is indispensable to keeping the republic together