Commentary: A BRICS bank for the South
30 March 2013

Commentary: A BRICS bank for the South

In 1990, the erstwhile South Commission recommended the creation of a 'South Bank' to aid the economic emancipation of the global South. Can the BRICS bank, which was discussed in length at the 5th BRICS Summit, provide a solution to the problems of the crisis-ridden African continent? Devaki Jain blogs

Ministry Of External Affairs, India Courtesy: Ministry Of External Affairs, India
29 March 2013

Beijing banks on BRICS

Indian foreign policy has not yet addressed the ramifications of Chinese economic dominance in BRICS. Nor have we matched China’s engagement within the group to ensure that the BRICS vision of a new international order for emerging economies actually works in their favour.

BRICS flags Courtesy: Government/ZA/Flickr
26 March 2013

A mandate for BRICS Bank

At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains

Gateway House Courtesy:
15 March 2013

Shyam Saran: BRICS must deliver a Development Bank

The establishment of a BRICS Development Bank will be among the prime topics of discussion at the BRICS Summit on March 26. Gateway House’s Akshay Mathur interviews former Indian Ambassador and Foreign Secretary, Shyam Saran, on the prospects and viability of alternate financial architectures.

afghan soldier 1_0 Courtesy: Matanya/WikimediaCommons
31 January 2013

Afghanistan’s military-industrial complex

Since 2002, a large amount of U.S. funds flowing into Afghanistan has been diverted to the Taliban by local strongmen, resulting in a continued presence of the militia. The challenge post-2014 will be to reverse the West’s top-down strategy, creating a grassroots-driven incentive for peace and development.

parliament Courtesy: Shwkyn231/Flickr
31 December 2012

India’s foreign policy: A year in review

The year 2012 has been a busy one for foreign policy: from escalating disputes in the South China Sea to alternate financial instruments from the emerging world. India’s foreign policy too has its shown strengths and weaknesses. We present our top foreign policy Hotspots, Sweet spots and Blind spots for 2012.

obama second term_0 Courtesy: U.S. Navy
10 November 2012

The second term

U.S. President Barack Obama will certainly have the benefit of continuity in his second term, but he has a range of impending crises to address immediately - be it to avert the so-called fiscal cliff before the end of the year when automatic cuts kick in or plan for the military drawdown from Afghanistan.

Broken BRICs Courtesy: Foreign Affairs
30 October 2012

Broken BRICs

There’s been much talk about the “the rise of the rest,” with Brazil, Russia, India, and China leading the charge. However, few countries can sustain unusually fast growth for a decade, and even fewer, for more than that. As the boom years begin to end, the international order won’t change as much as expected.

afghanistan route 606 Courtesy: Isafmedia/Flickr
25 October 2012

Afghanistan: Strategic depth to strategic peace

As the NATO troops prepare to pull out of Afghanistan in 2014, India is already positioned to take on a larger, pro-active role, which can radically alter the balance of power in South Asia. However, what will determine the future of security in the region, is how India and Afghanistan deal with Pakistan.

green africa Courtesy: trendscout::/Flickr
4 October 2012

A Green Agenda for Africa

All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.