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Today the two biggest countries in the world - the US and China - are playing in the world arena on their own terms. Jobs are, indeed, something to be worried about because not only is there a threat of a deflationary spiral in the US but there is also a huge fiscal deficit. This means austerity (decline in demand) and job losses.
Considering India's immense infrastructural needs, the AIIB has opened a fresh window for financing in which there will hopefully be fewer conditions and hassles. All other less developing countries will also be able to access loans easily.
Cooperative federalism must be maintained as an immutable Indian agenda.
Chinese influence in Africa is high on the global agenda, as China within just a few decades has become a key political and economic power in the continent. Indeed, its emergence as a dominant economic and political actor might be the most important development in Africa since the end of the Cold War. This paper analyses China's economic and political relations with Africa beginning in the 1990s. It argues that the concern is not that China has e
With a cut in corporate taxes and a depreciated rupee, India may be able to boost its competitiveness.
In recent years, China has increasingly invested in West Africa to further its ambitious Belt and Road Initiative, diversify its supply chains, and acquire critical minerals and raw materials for its domestic industries. Indeed, China sees immense potential in West Africa for the region’s ability to provide a secure supply of critical minerals and energy resources insulated from the West. Beijing is now the region’s largest bilateral trading
In recent years, China has increasingly invested in West Africa to further its ambitious Belt and Road Initiative, diversify its supply chains, and acquire critical minerals and raw materials for its domestic industries. Indeed, China sees immense potential in West Africa for the region’s ability to provide a secure supply of critical minerals and energy resources insulated from the West. Beijing is now the region’s largest bilateral trading
In Devas Multimedia Pvt. Ltd v. Antrix Corporation Ltd, the Supreme Court of India has upheld the National Company Law Appellate Tribunal (NCLAT) order winding up Devas Multimedia Ltd on the grounds of fraud. Antrix is the commercial arm of the Indian Space Research Organisation (ISRO), and Devas is a multimedia services company. The decision comes at a crucial time, as foreign investors of Devas are endeavouring to attach Indian assets
China’s tech giants and venture capital funds are making increasing amounts of investment in startups abroad. Startups, being key drivers of digital innovation, are attractive investment targets; the capital can in turn help them grow and scale. These Chinese investments, however, are also the subject of increasing concern, amidst heightening global competition around digital technologies. Investments can lead to a sell-out of technology, an in
The increasing range of cross-boundary health issues has prompted the integration of health into the discipline of diplomacy, and this trend is reflected in India-Africa partnership. India’s development partnerships are, however, predicated on the idea of development effectiveness, which requires active private sector engagement. By focusing on four opportunity sectors — medical tourism, tele-health, frugal innovations, and the pharmaceutica
Conventional investments cater to investors who intend to gain financial returns. Other investors whose aim is to generate a positive social or environmental impact at a decent rate of return, turn to “impact investments” for their purpose. Mobilised to finance social enterprises, impact investments assume three primary forms: embedded, integrated, and external. This paper discusses the ideas of impact investment and social enterprises, and o
India shares close political and strategic ties with the Southeast Asian subregion of Cambodia, Laos, Myanmar and Vietnam (or the CLMV countries). However, their economic ties remain weak, owing to various factors including lack of physical connectivity, as well as the absence of synergy between India’s Lines of Credit to CLMV and the country’s economic outreach. This paper analyses India’s investments and development cooperation initiative
Like many countries angered by Beijing’s mishandling of the coronavirus outbreak, India has turned skeptical of economic dependence on China.
India’s tepid response to the PGII seems odd given Delhi’s opposition to the BRI, which the new G-7 initiative seeks to counter.
India's external balance is changing fast with new equations being worked out. We need to set our house in order - refurbish our political apparatus, rebuild the crumbling state of our institutions and reorient and revamp our governance capacities.
With government overshooting its fiscal deficit target for the current financial year by a larger margin simply spending more and more might well hurt
Indian investments in Africa, from both public and private sector entities, have increased considerably in the last decade. Yet despite the growing importance of Indian investments in Africa, only a few empirical studies have been carried out on the subject. This paper undertakes a disaggregated analysis of Indian foreign direct investment outflows to Africa from 2008 to 2016, and presents three main findings. First, it confirms earlier analyses
Latin American companies that have invested in India since the 1990s have had varied experiences: some have achieved considerable success and remain in business, while a number of them have exited. This paper is a primer on enterprises from the Latin American region that have engaged the Indian market in the past 30 years. It finds three key factors that have pulled these businesses into India: the country’s myriad value chains, the massive con
In response to increasing criticism of the existing international investment regime, various countries, including India, have been revising their model investment treaties. is paper analyses India's recently approved Model Bilateral Investment Treaty (BIT). It makes an assessment of the text's practical implications from the perspective of ongoing negotiations of investment agreements with several countries, as well as India's transition towards
India is in need of both FIIs and FDIs, to grow at the targeted 7.5 to 8 per cent growth. They go to countries with high growth potential and laws that are flexible and allow greater investor freedom. India is constrained by certain important considerations related to the rights of the people and protection of the poor.
The Finance Minister, P Chidambaram, managed to present a fairly balanced Union Budget. There were no big unforeseen surprises and it was relatively measured given that we are in a pre-election year. It is hard to ignore that the global economy continues to be in turmoil.
Though the imbroglio over the strategic sale of BPCL/HPCL is far from over, the mandarins within the government have come up with yet another proposal to meet the year's disinvestment targets. A booming stock market has inspired the bureaucrats
Infrastructure investments are required to enable economic growth and provide the services required by a growing population. The infrastructure already available is threatened by climate change, damaging existing assets and reducing future productivity. Investment in new infrastructure has to increase to fill the gap; as this occurs, the operation and maintenance cost of infrastructure are also expected to rise. Furthermore, as resources are scar
The early years, particularly the first 1,000 days, are a critical period in a child’s development, with lifelong impacts. Evidence shows that one of the most effective strategies for economic growth is investing in the developmental growth of at-risk young children. However, early childhood development (ECD) programmes are severely challenged by the sheer scale of need in the face of early childhood care and education losses due to COVID-19 me
China has considerably increased its investments in Pakistan. Given Pakistan's fragile IMF dependent economy, the idea of an economic rationale behind the substantial Chinese investments seems far-fetched.
This report is part of the Observer Research Foundation’s “Financing Green Transitions” series which aims to find potential linkages between private capital, in all its forms, and climate action projects. The series will primarily examine domestic and international barriers to private capital entry for mitigation oriented climate projects, while also examining potential avenues for private capital flow entry towards adaptation and resilienc
China invested more than USD 100 billion overseas last year alone. Its cumulative investments in Myanmar total USD 14.2 billion. The real question is why Chinese investment in India has lagged so far behind. Political mistrust is certainly a large part of the answer.
The indecision of the AAP since the announcement of the Delhi poll results has the potential for the national voter to prefer national parties or alliances, rendering regional parties minimal players with maximalist muscle-flexing.
The motor vehicles agreement between BBIN nations is a welcome development and marks a good beginning. But now what is needed is a sustainable approach to infrastructure development in the region.
The solution is simple in concept but difficult to implement. Judicial administration will have to be separated from the administration of justice. A separate class of court administrators, reporting to the presiding officer but not having to take orders from him, may have to be formed.
An 'Agreed Line of Administrative Control' in the place of the existing Line of Actual Control (LAC) could free India and China from some of current problems at the bilateral border talks, feels Mr R Swaminathan, former Secretary and Director-General (Security), Government of India.
Experts at a conference on "Internet Governance and India: The Way Forward" have unanimously agreed that "anonymity" in cyber world is important for protection of dissenting voices. They also accepted that internet stands on three basic tenets of openness, freedom, universality.
Experts at a discussion on Indus Water unanimously agreed that a 'blue revolution' must follow the 'green revolution' so that the human possibilities for development are not compromised in the basin.
Reported jihadi threats forcing the down-grading of a New Year Eve entertainment programme and those regarding seven more Maldivians joining the civil war in Syria have revived the on-again-off-again national discourse on religious radicalism in Maldives.
By ratcheting up tension, China is causing alarm in other countries that use the busy South China Sea as the shortest and most convenient link between the Pacific and Indian Oceans. The Chinese could well end up the losers as the countries affected could band together to offset Chinese aggressiveness. Worse, it could well trigger off Japanese nationalism and rearmament.
What was not acceptable to Karnataka have been made acceptable to Sikkim now. Naturally, advocates in Sikkim too would not want to have a judge, allegedly tainted by misdemeanour, to be their Chief Justice.
The attack on Union Agriculture Minister Sharad Pawar at a function in New Delhi, where a kirpan-wielding individual popped up to hit him, should be viewed not as a stand-alone case.
There is a lot to feel hopeful about the maiden meeting between Prime Minister Manmohan Singh and Pakistan President Pervez Musharaff in distant New York. If the two nations needed to move ahead with the peace process, set in motion by predecessor Prime Minister Atal Behari Vajpayee, Manmohan Singh needed the personal chemistry working with Musharaff. At the end of the day, both said it did work.
At this rate, the TNA can become 'untouchable' in national politics, as they were earlier. It does not serve the Tamil cause - and certainly not the moderates' cause. It is the hardliners alone, many of whom are outside the country forever that will be happy.