Courtesy: Columbia/WikimediaCommons
In the 1700s, one man antagonized the European powers, and insisted on the Maratha Empire’s rights to taxation and sovereignty over Maharashtra’s coast. He was Kanhoji Angre, the head of the Maratha navy. How did he, 283 years ago, set an important precedent for the Subcontinent’s local powers?
Courtesy: China Briefing
China Briefing republished Gateway House's Spike Nowak's feature on technology transfer in China. He explains how the economic heft and favourable policies of the Chinese government have aided the transfer of foreign technology to Chinese state-owned enterprises.
Courtesy: Americas Quarterly
Americas Quarterly, a journal dedicated to policy analysis, published Gateway House's hari Seshasayee's article on India's middle class population. He argues that today India’s middle class is more optimistic, more confident and globalized.
Courtesy: Austen Hufford/Muhammad/Flickr
Partly due to support from undecided voters, women and African Americans, incumbent U.S. President Barack Obama seems to be ahead in the polls. However, much will rest on which candidate can win over the country’s middle class. Whatever the result, it will have repercussions on markets and deregulation.
It is estimated that up to 20% of India’s power capacity lies idle due to the lack of coal available in the country. The recent $33 billion scam on the allocation of coal blocks reflects the apathy among the Indian leadership towards effective policy-making.
Over the past four years, China has switched from being an importer of high-speed trains to the world’s largest manufacturer. Much of this can be attributed to the transfer of foreign technology to Chinese state-owned enterprises. How have Chinese government policies and economic heft aided this effort?
Courtesy: Financial Times
Financial Times published Gateway House's Akshay Mathur's piece on the policy paralysis revolving around the coal scam. He argues that currently, a stronger leadership is needed to push hard reforms related to mining, land and labour.
Courtesy: 2point6billion
2point6billion republished Gateway House's Akshay Mathur's analysis of Raghuram Rajan, the new Chief Economic Advisor of the Indian government. He argues that given his his leaning towards fiscal discipline and supply-side solutions, the nation can expect some neoliberal policy advice.
Courtesy: Embassy of India, Venezuela
CELAC (Community of Latin American and Caribbean States) chose India as its first dialogue partner, expressing its intent to expand trade and diversify. Given the increased political will from both sides, can CELAC be the driver for India-Latin America relations or will bilateral ties maintain the status quo?
Courtesy: Foreign Affairs
Since weak demand is at the heart of the recession, governments need to enact stimulus programs along with structural reforms, argues Menzie Chinn. Structural reforms don’t always work out, writes Karl Smith. Raghuram Rajan demurs.