As India and the European Union negotiate on a Free Trade Agreement (FTA) in New Delhi, we analyse the relevance and impact an FTA would have on both parties. Can creative methods be implemented to break the current deadlock in negotiations?
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The year 2011 saw various events - the Arab Spring, anti- corruption protests, Europe's sovereign debt crisis - transform countries and reshape the world order. Gateway House takes a look at what these events mean for India, and presents India's top foreign policy cheers and jeers for the year.
Gateway House’s Hari Seshasayee interviewed Nicolas Krul. A stout defender of European unity, Krul discussed the origins of the crisis, the lessons learned, possible solutions and the opportunities for the emerging world.
With increasing debt and recession in the West, it seems no longer fitting for the rest of the world to follow traditional Western financial models. India’s long experience of capital markets, with its conservative and ‘inclusive’ financial regulatory system, on the other hand, makes for a compelling case study.
In a reversal of historical roles, the BRICS nations may be coming to Europe’s rescue. During the Asian Financial Crisis, the International Monetary Fund (IMF) introduced structural adjustments in return for IMF loans, and many institutions and individuals went bankrupt. Will it be any different now?
As the new head of the IMF, Christine Lagarde’s experience in cajoling world leaders will go some way in negotiating the European bailouts. The real challenge, however, will be trying to raise funds for anything as large as Italy.
Despite their economic downturns, domestic tensions keep developed countries from embracing the revitalizing potential of foreign workers. Ambassador Neelam Deo argues that India should continue to leverage its history of diversity and capitalize on a world more open to the free flow of goods and services.
A new United Nations doctrine is revolutionising the manner in which Western powers achieve regime change. Under the pretext of “Responsibility to Protect” –as the doctrine is named –armed intervention does not depend on the aspirations of a populace but the facilitation of existing power equations