Energy-bereft world in darkness
Sanctions against Russian energy, high cost fuel, heat waves and droughts all at once have raised the price of daily energy use to unprecedented levels and plunged large parts of the world into darkness.
Sanctions against Russian energy, high cost fuel, heat waves and droughts all at once have raised the price of daily energy use to unprecedented levels and plunged large parts of the world into darkness.
While several Bay of Bengal countries are rich in hydropower and thermal electricity generation, others are net energy importers with large markets. India can lead creative energy projects with its eastern neighbours, supported by regional and international institutions.
China is a clear winner in the physical connectivity stakes in the Bay of Bengal, and there's a reason a why: Its projects are connected to one another, from rail to road to port. While India also has some successful cross-border road and rail infrastructure projects, they are often an extension of an existing railway line or highway, not specific to the connectivity needs of the region. India can win by focussing instead on building infrastructure to maximise the vast maritime potential of the Bay of Bengal, especially the Andaman and Nicobar Islands that give India access to critical sea channels and trade routes.
India and the world have watched China’s growing investment in Asia and beyond with a mix of awe and apprehension. The unprecedented scale of these investments are reshaping political arrangements around South Asia.
China’s investment in Bangladesh’s stock exchange gives Beijing a chance to shape the financial architecture of the most vibrant economy in India’s neighbourhood
Trends in technology, geopolitics and geoeconomics have dramatically transformed the global energy scenario in the last two years. This means favourable conditions for import-dependent India, which must use the opportunities available to reduce its vulnerability to high energy prices. The jump in oil prices past the $60 mark suggests that India must act with alacrity. India’s Energy Footprint Map offers a profile of India’s global trade and investment in energy, and indicates what India can do to access cheap and reliable supplies
The map – Asia’s Strategic Corridors to India – has emerged from Gateway House’s study of India’s strategic links with other parts of Asia. It highlights the progress India has made in forging multiple links with six strategic regions – Central Asia, West Asia, East Africa, South-East Asia, East Asia, and our immediate neighbourhood
Gateway House prepared a Global Stability Map, using 20 differing indicators, to analyze the stability of 60 countries around the world. Using criteria that are important to the emerging economies of the world, the map provides an Indian perspective of the world today.