01_CoverMJ12_190_1 Courtesy: Foreign Affairs
1 May 2012

Europe After the Crisis; How to Sustain a Common Currency

As Europe emerges from economic crisis, a larger challenge remains: finally turning the eurozone into an optimal currency area, with economies similar enough to sustain a single monetary policy. Getting there will be difficult and expensive, but the future of European integration hangs in the balance.

Pragati_0 Courtesy: PMO
10 April 2012

Between Washington and Tehran

Over the past thirty years, the U.S. and Iran have been at odds over Iran's alleged nuclear weapons programme. India too has a large stake with both countries - with the U.S. as a strategic partner and Iran for its oil imports - and resolving this conundrum will require some creative diplomacy.

Asia Briefing_0 Courtesy: Asia Briefing
6 April 2012

China’s provincial outbound direct investment in 2011

China’s Outbound Direct Investment(ODI) has reached commercially and geo-economically significant levels and begun to challenge international investments by other countries. Local provincial companies of China are among the fastest growing area in outward investment.

martin wolf cfr Courtesy: World Economic Forum/Flickr
30 March 2012

Does the BRICS Group Matter?

The emerging BRICS economies agree that the West should hold less sway in the global economy. But their leaders, despite regular summits, have failed to articulate a coherent vision because of divergent interests, says journalist Martin Wolf.

Foreign affairs.jpg final Courtesy: Foreign Affairs
1 March 2012

Why We Still Need the World Bank

The author explains in detail the functions of the World Bank and how it has evolved over the years. He also argues that while the bank has adapted to shifts in economic influence and the rise of emerging markets, it must become even more innovative and representative.

China 1992, India 2012 Courtesy: China Briefing
31 January 2012

China 1992, India 2012

The development similarities between China and India are strikingly similar, argues Chris Devonshire-Ellis. Twenty years ago, China faced challenges and difficulties but also offered oppurtunities and profits. Similarly India offers much of the same now.