ATHENS , GREECE - MAY 1:  Greek riot police clash with protesters during May Day protests on May 1, 2010 in Athens, Greece. Thousands of protesters gathered in Athens and other Greek cities to participate in May Day rallies, angered by the harsh austerity measures demanded by the EU.  Reports suggest that the 45 billion euros ($60 billion) already pledged by the International Monetary Fund and European Union will be insufficient to tackle Greece's mounting debt crisis.  (Photo by Milos Bicanski /Getty Images) Courtesy: Milos Bicanski (Getty Images)
25 June 2015

Can Europe overcome its crisis?

With the Eurozone portion of Greece’s $276 billion bailout credit expiring on June 30, Europe is in the midst of a standoff over this unsustainable debt. But it is only the latest in a number of Eurozone crises since 2008, and if the prospects for economic growth remain dim, how will the EU address its interlocking problems?

Leaders_of_TPP_member_states- wikipedia Courtesy: Wikipedia
20 May 2015

TPP and RCEP: the hare and the tortoise?

The Trans-Pacific Partnership might soon be concluded if the U.S. Congress fast-tracks it, as recently announced, while the Regional Comprehensive Economic Partnership Agreement remains on slow-track. But the TPP, although ambitious, follows an outdated template, and it is the dynamic RCEP that can be a model for a new global rules-based framework

aiib Courtesy: file photo/Xinhua, Wikipedia
23 April 2015

An ASEAN lens on the AIIB

The AIIB is a step along a path that started with the Asian financial crisis, which defined ASEAN’s views about the U.S.’s commitment to the region. Although the bank may signal the rise of China, it is also a coming together of Chinese and ASEAN goals—ASEAN’s focus on infrastructure for growth requires another source of finance, and this forecasts its strong relationship with the AIIB

AIIB Courtesy: file photo/Xinhua
1 April 2015

The new multilateral financial architecture

The announcement that major European powers will join the AIIB as founding members means the bank is now clearly accepted as a tangible game changer in the multilateral financial architecture. The formidable intentions of AIIB and the new transnational corridors project are both a challenge and an opportunity for India

picstitch (5) Courtesy: Wikimedia commons
19 March 2015

Assessing India’s infrastructure aid diplomacy

With the Modi government’s focus on improving neighbourhood relations, India cannot afford delays in its aid projects in the region—especially because aid is an effective foreign policy instrument. Why are these projects getting delayed? Is the government taking remedial steps to improve India’s aid programme?

Lagarde 2 Courtesy: IMF
19 March 2015

IMF, RBI and interest rates

The IMF’s 2014 review has some good GDP news but its reservations on interest rates bears closer attention. It can take 32 months for the effects of a an interest rate cut to be felt. What does this mean for the Indian economy?

SAARC Courtesy:
2 March 2015

An Indian democracy template for SAARC?

Indian foreign secretary S. Jaishankar’s visit to SAARC countries from March 1 is an opportunity to examine the political trajectories in the region. While democracy in some countries like Sri Lanka is on an upswing, in others, like Bangladesh, it is in decline. With China’s growing economic influence in South Asia, can Indian democracy be an effective counterpoint?

B20 in G20 Courtesy: b20coalition.org
26 February 2015

Reconfiguring the role of business in G20

The B20 forum has become an important advisor to the G20, bridging the gap between business and foreign policy. Its effectiveness will depend on whether it can emerge as a solutions provider for the G20 and not just an advocacy forum. Indian business can play a vital role in shaping this mandate

Normandy four talks Courtesy: MoFA/Russia
12 February 2015

‘Ukraine crisis has one winner: China’

With the crisis in Ukraine worsening, Europe seems to have realised that the solution is not military, though the U.S may push to send in arms. Although no country wants a war with Russia, the conflict over Ukraine between the West and Russia could escalate. What are the future scenarios for the region and with what global implications?