Courtesy: Systemic Alternatives
The contours of globalisation are being reshaped. The Brexit vote and the election of Donald Trump mark a strong anti-globalisation sentiment even as leaders in China, India and Russia successfully marry nationalist rhetoric with a cleverly crafted overseas strategy, premised on the very tenets of globalisation. There seems to be a ‘pause’ in the unbalanced progress of globalisation of the last three decades—and this could have many positive outcomes
Courtesy: Wikimedia Commons
India’s gas consumption is lower than the EU’s, but it too, like the EU, relies heavily on imports. With LNG likely to remain a key part of India’s gas supplies in the future, and given recent changes in the global market, what is the future potential of LNG imports for the EU and India? What are the best energy policies for the two regions?
Courtesy: MEA / Flickr
The result of the Brexit referendum is nothing less than a body blow to Bretton Woods organisations, International Monetary Fund-North Atlantic Treaty Organisation (NATO)-World Bank, that originated at the end of the Second World War. The possibility of an Asian century becomes more feasible, if India can be nimble enough to make the most of the opportunity which has presented itself in Europe.
Courtesy: Business Insider
The message from Brexit is simple: the post-second world war financial, trade and industrial order and security arrangements that developed around Bretton Woods, have passed their expiry date. This is the time for countries, regional unions and global institutions to reform themselves – putting people instead of regulations and strategic objectives at the centre of their decision-making.
Courtesy: Narendramodi.in
Narendra Modi’s landslide victory in India's 2014 general elections, despite his hardline nationalist image, was viewed as a localised phenomenon. But two years later, voters across the world from Europe to Philippines seem to be tilting towards leaders with the same nationalist tag.
Courtesy: Wikipedia
The sanctions against Iran impacted the country’s oil, banking, aviation, and other sectors, and had a major humanitarian impact. But neither is armed attack a more suitable method in most instances to address allegedly recalcitrant states. What then is the middle ground? And can the UNSC assume a more proactive role in this context?
Courtesy: Wikipedia
While the closing of borders to refugees in Europe and West Asia could be interpreted as proof that national borders are more important now than ever, the sheer numbers of refugees make strengthening borders a severely inadequate solution.
Courtesy: U.S. State department/Flickr
With the EU, Iran, and other entities taking decisive steps on April 2 to ensure a non-nuclear Iran, President Obama must now counter interests in the U.S. that want to stymie the final agreement. But having come this far, and considering the comprehensive benefits of an agreement, all sides are sure to deliver
Neelam Deo, Director, Gateway House, talks about the significance of the position taken by NATO member countries at the recent summit in Wales. She says the increasingly acrimonious standoff between the West and Russia over Ukraine, and the stance on the Islamic State has implications for India.
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Contrary to some current commentary, NATO has remained relevant after the post-Cold War period, largely due to the perceptions it still engenders. While its symbolic power still endures, a rapidly changing international order could make it obsolete in the near future, as new narratives take its place.
