A new, consensual world order
The era of globalisation is drawing to a close and a new one is emerging—an era of bilateralism over globalisation, of domestic over foreign focus, and reality-based policy-making
The era of globalisation is drawing to a close and a new one is emerging—an era of bilateralism over globalisation, of domestic over foreign focus, and reality-based policy-making
His Excellency Yves Leterme, Former Prime Minister of Belgium, Secretary General, International IDEA delivered the Inaugural Keynote I on Europe at the Crossroads at 2017 T20 Mumbai meeting hosted by Gateway House on 13 February. Leterme's speech effectively explains the changing politics of global capital with the rise of new economies with respect to Europe and it's position in the world today.
European defence companies can contribute significantly to India’s military modernisation under the ‘Make in India’ campaign. But before this can happen they will have to deepen their interactions in the country at the political and strategic levels to identify common areas of interest and understand India’s technological priorities in the sector
India-EU space collaboration is still nascent largely due to the EU’s limited autonomy over its space programme. Astro-geopolitics, an inevitable successor to geopolitics, requires confidence-building and furthering strengthening of bilateral linkages
Cyber cooperation between India and the European Union currently lacks a security focus despite the common threats they face. Differences persist on both sides regarding India’s data adequacy status which has resulted in a blocking of the Bilateral Trade and Investment Agreement negotiations.
With common objectives in the Indo-Pacific, the maritime sphere is a good opportunity for India and the EU to deepen cooperation. They must focus on preventing outbreak of an inter-state armed conflict; addressing maritime piracy; adhering to the UNCLOS; and developing maritime infrastructure and the blue economy in the region
India’s gas consumption is lower than the EU’s, but it too, like the EU, relies heavily on imports. With LNG likely to remain a key part of India’s gas supplies in the future, and given recent changes in the global market, what is the future potential of LNG imports for the EU and India? What are the best energy policies for the two regions?
Prime Minister Narendra Modi's announcement on November 8 to demonetise notes of the denomination of Rs 500 and Rs 1000 has a precedent. This infographic traces some interesting demonetisation initiatives around the world. From discontinuation of high denomination notes due to lack of circulation, to the use of beer and water as 'real assets' in place of hyper-inflated currency.
In the aftermath of Brexit, the recently concluded NATO Summit highlighted the emerging asymmetry between NATO and the EU on their respective policy positions towards Russia. Has the expansion of NATO and the EU to absorb Eastern Europe, and the consequent large migration flows, been responsible for the visible cracks within the Europe?
The result of the Brexit referendum is nothing less than a body blow to Bretton Woods organisations, International Monetary Fund-North Atlantic Treaty Organisation (NATO)-World Bank, that originated at the end of the Second World War. The possibility of an Asian century becomes more feasible, if India can be nimble enough to make the most of the opportunity which has presented itself in Europe.