GH_Demonetisation_Web-724x1024 Courtesy: Gateway House
24 November 2016

Demonetisation around the world

Prime Minister Narendra Modi's announcement on November 8 to demonetise notes of the denomination of Rs 500 and Rs 1000 has a precedent. This infographic traces some interesting demonetisation initiatives around the world. From discontinuation of high denomination notes due to lack of circulation, to the use of beer and water as 'real assets' in place of hyper-inflated currency.

tpp-map Courtesy: United States Trade Representative
23 November 2016

A world divided by trade deals?

Amid the debate of a U.S.-centric TPP template or a China-led RCEP model, it is important to consider if such trade agreements are building blocks or stumbling blocks to global free trade. With the passage of the TPP still uncertain in the U.S. Congress, and the RCEP unlikely to be acceptable to the U.S., the more likely global trade scenario will be fragmentation