Courtesy: Wikipedia
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 But the TPP, although ambitious, follows an outdated template, and it is the dynamic RCEP that can be a model for a new global rules-based framework
Courtesy: file photo/Xinhua, Wikipedia
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
Courtesy: file photo/Xinhua
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
Courtesy: IMF
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?
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Recently signed sub-regional agreements will help India's 'Act East' by furthering trade and connectivity linkages as well as build strategic relations with important powers in Asia. China's regional integration growth in the past decade should be the benchmark for India.
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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?
Courtesy: b20coalition.org
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
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?
Courtesy: sodere.com
The last ten years had signalled the Saudi intention of building closer relations with India based on their immense crude oil resources and India’s growing market and skill sets. With a new king on the throne and the on-going turmoil in West Asia it is in New Delhi’s interest to initiate high-level visits with Riyadh as soon as possible
Courtesy: gaatha.com
Although the informal and small enterprises sector contributes significantly to India’s GDP, and engages the majority of the country’s workforce, it is barely reflected in official growth numbers. Strengthening this segment will revitalise the economy and substantiate the government’s ‘Make in India’ policies
