Courtesy: mpeacey/Flickr
Traditionally, the South Pacific islands have been considered strategically insignificant. However, the need for resources, and the geopolitical shift towards Asia-Pacific have prompted nations to realize that these small island states control large resource-rich ocean areas and are increasingly geostrategic.
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.
Courtesy: Alex E. Proimos/Flickr
Front running is a form of insider trading, where investment banks use customers' trading information to trade for themselves, ahead of their clients. This practise results in huge losses to the investors, and abates trust in financial markets. How can the Volcker Rule contain this practice on a global scale?
Courtesy: PMO
India seems to be treading down the path of fruitless populism that crippled many countries in the past, most notably in Latin America. But like Latin America, India too can embark on a course-correction by implementing pragmatic economic policies alongside progressive but results-driven social spending.
Courtesy: Casa de Gobierno en Argentina/Wikimedia
The past decade has seen a significant rise in trade and investment flows between India and the Latin American and Caribbean (LAC) region. With an international system in flux, it is time for India and LAC to work together to shape a global order that better reflects current economic realities.
Courtesy: Gateway House
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.
Courtesy: United States Government Work
The Indian-American voters in the U.S. seem to be prioritising their local concerns over the larger U.S.-India bilateral relationship. The Democrats, by facilitating the group’s greater inclusion in U.S. society, politics and businesses, have thus made this huge community lean largely in their favour.
Courtesy: Ministry of External Affairs, India
Since the late 1990s, both India and Peru have turned their focus to each others’ regions. New commercial exchanges can enhance the bilateral, but strategic elements must be incorporated if both countries are to benefit from each others' geopolitical alliances.
Courtesy: Ministry of Defence, India
Though India may seem to be mirroring or competing with China’s military build-up, it doesn't seem to be doing so in consonance with a long-term plan. New Delhi would be better served by avoiding an arms race; staying away from the U.S.-China rivalry and fostering stronger relations with its immediate neighbours.