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Bangladesh was one of the few countries in the world to sustain a positive economic growth rate during the COVID-19 pandemic. Today, however, it is experiencing symptoms that could stall such impressive record: rising divergences in the government’s fiscal balance; the precarious Balance of Payments situation; rapidly declining foreign exchange reserves; demand-supply gaps in the energy markets; and inflationary tendencies. The exogenous shocks

A private sector-oriented Global Green Bank is required to overcome the market gaps that prevent Global North capital from flowing to the best decarbonisation investment opportunities among Global South enterprises. The Global Green Bank should operate as a world-class investment firm, capable of developing innovative financial solutions and investing through externally raised investment fund-of-funds and its own proprietary book. Such a Global G

Recent steps forward on the trade front have also cleared the way for greater ambition in the partnership

By leveraging India’s strengths in pharmaceuticals and combining them with Africa’s dynamic potential and demand, the two can jointly build resilient, equitable healthcare systems

Separatism, extremism, and terrorism originating in Afghanistan compelled the neighbouring countries to form the Shanghai Cooperation Organisation (SCO) in 2001. However, instead of presenting a united front, the SCO is rife with disagreements. Increased divergences and mistrust among the members have helped the Taliban regain power in Afghanistan and strengthen its influence in the heart of Eurasia. The Taliban have taken advantage of the trust

This brief seeks to apply ancient Indian strategic thought to the country’s approach towards its immediate neighbourhood. Employing a Kautilyan perspective on India’s allies within the broader framework of foreign policy end goals, it proposes a non-zero-sum view towards four of its neighbours: Bhutan, Bangladesh, Sri Lanka and Nepal. The brief classifies these neighbours based on the attitudes they exhibit and presents a nuanced approach tow

The health of adolescents is crucial to achieving India’s Sustainable Development Goals (SDGs), and the Government of India has spotlighted adolescent health in various programmes and policies. However, substantial health challenges continue to affect Indian youth. This paper describes the health profile of adolescents in India and, in particular in Uttar Pradesh, one of the country’s least performing states in the domain of health outcomes.

Certainly, the Government of India should vehemently object to Lakhvi's release, as it has rightly done. But to expect that such objections will have any substantive impact on Pakistan, is silly. India must keep its guard up.

Ensuring contestability and fairness in India’s digital market—one of the world’s most prominent—is critical to ensuring consumer welfare. This paper outlines a legal and regulatory framework that can ensure contestability and fairness in the Indian digital market.  The paper identifies the following elements of this toolkit: (i) competition law; (ii) ex-ante regulation for digital gatekeepers; (iii) laws for increased transparen

What is astonishing is the sheer incompetence with which the ground realities are being dealt with by the State machinery.

PM Modi's official visit to the UK is unexceptional. This is despite the hype and hoopla that accompany any Modi tour. However, what was different was that for the first time Modi had to respond to issues like Gujarat 2002 riots and the climate of intolerance back home.

Expanding investments, collaboration between departments, fostering public-private partnerships, and engaging the community are crucial for health care in India

With the UNHRC vote only days away, it was not a total give-away by India. The Prime Minister's statement in the Parliament implied that the tinkered second draft of the US Resolution too did not meet Indian expectations.

There is a strong case to be made for a deeper EU-India partnership against the backdrop of global uncertainties and ongoing wars, an assertive China, and the likelihood of a more transactional United States (US) under Trump 2.0. Meanwhile, the EU-India Roadmap to 2025 has run its course, and the EU-India summit of 2025 could be an opportune moment to release a fresh blueprint for cooperation. As the new European Commission’s agenda springs int

The rapid pace of digitalisation poses new national security risks for countries like India, a country with over 700 million internet users. The multilayered digital ecosystem comprising of infrastructure, devices and applications is complex, and security threats evolve at a breakneck pace. This makes it difficult for states to develop an effective response to individual or organisational security threats. India therefore has often had to resort

The US won’t play its post-World War II role. What happens next will depend on others’ responses

Global powers like the United States and China have spared little effort in attempting to shape the digital age in their image. At the same time, other powers like Japan and France, and emerging ones like India aim to play a part in building the global digital ecosystem. These latter three share similar values: democracy, freedom of speech, open access to digital resources, and sovereignty. They all desire to keep the digital commons intact and n

As India redefines its priorities vis-a-vis China, its policymakers will have to be bolder in articulating the need for robust partnerships

This research provides an empirical analysis of India’s limited, but transformative position in the global nuclear order. By examining India’s bid for a Nuclear Suppliers Group (NSG) membership, this paper makes three major arguments. First, India’s attempt to acquire veto power status through the NSG challenges classical revisionism in international relations theory. Second, India’s rise through the NSG is based on selective coalition-bu

Jammu and Kashmir acceded to India on 26 October 1947, with Maharaja Hari Singh signing the Instrument of Accession as Afridi raiders reached Srinagar’s gates after burning the Mahura power station and forcing him to flee to Jammu in the night. In the power vacuum that ensued, Sheikh Abdullah, founding National Conference leader, emerged as the people’s representative to assume administration. After his dismissal in 1953, Delhi installed Baks

In recent years, a number of states have begun integrating their armed drones into collaborative drone swarms. Although global proliferation can be anticipated, drone swarm proliferation should not be expected to be even or immediate. Some states may race to develop massive, armed drone swarms, while others may never develop sophisticated drone swarm capabilities. This brief explores why some states pursue drone swarms, why others may not, and th

India's defence export policy did help in accelerating and convincing Manila about the merits of purchasing the BrahMos

Notwithstanding the euphoria, Alexei Navalny is unlikely to be the catalyst that will lead to ‘regime change’ in Russia

NATO’s growing defence expenditure is poised to intensify a range of geopolitical dynamics.

This paper outlines the responses of the US Congress and European Union (EU) parliament to the Indian government’s abrogation of Article 370 of the Constitution and the surrounding events, including the communications lockdown in Kashmir. It notes contrasting responses: the US Congress showed a binary reaction of moderate and extreme calls to action, and the EU parliament honed a more expansive approach to address India’s apparent “democrat

Most central banks across the globe are today seized with the idea of cryptocurrency, with countries like Sweden and China already embarking on their pilot projects. This paper argues that most of the proposed architectures for a Central Bank Digital Currency (CBDC) are not designed to mimic the paper currency in its digital form. It proposes an architecture that largely retains all the properties of a paper currency, with only one limitation—i

Evidence from several countries suggests that last-mile connectivity solutions—the transport options available to commuters from the origin of their journey to the point of accessing a public transit system—enhance citizens’ mobility and increase metro rail ridership. This brief evaluates India’s operational metro rail transit systems to identify the missing links in the provision and effective implementation of last-mile connecti

The onset of the COVID-19 pandemic hastened the widespread adoption of digital technologies across the globe. The pace of digitalisation—from the micro levels of education and e- commerce to the macro levels of supply chains and production networks—has galvanised governments to advance digital regulations. The tightrope walk of creating policies that enable digital innovation and ensure regulations are in the larger public interest have led t

The difficulties with traditional multilateralism is leading to a renewed focus on minilateralism. Expect more quads.

India is still a net importer, but its momentum is in the right direction.

Pakistani President Pervez Musharraf's address to the nation on July 22 - as the people of London reeled from a second series of blasts at underground train stations - betrayed a sense of anxiety, a clear shift to address the Islamic community and an unwitting admission of failure in the war on terrorism.Wilson John

Pacific Small Island Developing States (PSIDS) are highly vulnerable to disasters emanating from the impacts of climate change, geopolitical tensions, and fluctuations in global energy markets. To overcome this, the PSIDS have committed to ambitious carbon reduction targets, and to adopting renewable energy and low carbon emission initiatives. However, they must contend with critical barriers, such as the lack of finance, capacity, and te

This report examines India’s dependence on undersea fibre optic cables for its financial well-being. It explains the complexities involved in the laying and maintenance of these cables, lists the vulnerabilities of the existing network, and makes a series of recommendations to progressively address them. These include a phased increase in the capacity of space-based internet services. The report suggests that the opportunity provided by the rec

Both the U.S. and India are exploring additional combinations of partnerships in the Middle East.

The European Union (EU) stands at a critical junction in its institutional evolution. The European sovereign debt crisis in 2009, the Brexit decision in 2016, and the success of anti-European populist parties in many member states have triggered intense discussions about necessary reforms in the Union, which only intensified after Emmanuel Macron became president of France in 2017. His vehemently pro-European outlook and ambitious suggestions for

The speculation regarding General Ashfaq Parvez Kayani's possible extension came to an end last week. Prime Minister Yousaf Raza Gillani in a rather dramatic fashion announced a full term extension for General Kayani on national television.

Global temperature rise is set to exceed 1.5°C compared to pre-industrial levels by 2100. Efforts to ramp up climate action must be accompanied by an assessment of countries' existing strategies to combat climate change. At the same time, it is crucial to determine the effectiveness of multilateral institutions in mitigating climate change by galvanising member countries in this direction. This report presents a comparative analysis based on fiv

Iranian civilisation is heresy-prone. Heresy is indicative of a questioning mind. Throughout history, individuals and movements have emerged in Iran to invoke the moral imperative and disrupt the status quo. The most recent events sustain this characteristic of the Iranian personality. Paradoxes abound in the vote in the June presidential election: it was anti-establishment, not anti-regime, anti-clerical but affirmative of the principles of the

Despite one-fourth of people living away from where they were born, no arrangements exist for domestic work migrants to vote from where they work. But enthusiasm abounds for facilitating NRIs to do so.

At a time when Rahul Gandhi and his team are wondering how to win friends and influence people, the Sufis offer an excellent model. For the model to gain traction, the first requirement is a message which can be simply put across.

Saudi Arabia recently extended an invitation to Iranian Foreign Minister, indicating towards a possible thaw in relations. Is this shift in Riyadh's stand because of a change in US-Iran relations and the positive reception of Iran's overtures by the other GCC States?

India must accept its own exceptionalism. It must thereafter understand how to establish it. India is in a position to shape cyberspace debates, but for that it will need to be flexible, propositional and present everywhere that internet governance is debated. Its strong and diverse contingent at The Hague is a good beginning.

The Arms Trade Treaty being an instrument impacting many countries, it is important for it to come into being through consensus. A treaty without support from major exporting and importing countries would undermine its very purpose.

A lack of legitimacy of the new leadership in Kabul in the eyes of the Afghan public could pose potential problems for it at a time when it is confronted with a number of challenges. This could be exploited by the Taliban as well.

India’s stand on terrorism exposes the SCO’s contradictions

The different service arms of China’s armed forces are all undergoing substantial transformation, including exploring the possibilities of integrating Artificial Intelligence (AI) to boost their combat power and effectiveness especially in a time of war. This paper evaluates the significance and potential of AI in improving China’s military capabilities. Chinese official documents and their enunciation of military doctrine indicate that the c

Japan's Prime Minister Shinzo Abe believes that his country needs quicker and more decisive responses to China's increasing maritime ambitions in waters near Japan, according to two Japanese security experts, Dr Marie Izuyama and Dr Hikaru Yamashita.

Japanese Prime Minister Shinzo Abe's recent decision to reinterpret the Japanese constitution to exercise the right of collective self-defence is truly significant and could mark a turning point in Japan's security policy in the coming years.

It's not often that one sees leaders take risks in the pursuit of a political conviction. Abe, a rare exception, has been steadfast in his determination to remove the extraordinary restraints on Japan's military imposed by its post-war constitution. Abe wants Japan to be a "normal" power, 70 years after World War II.

Baghdadi, who has led the ISIS since 2010, has acquired significant financial and military power and influence among Sunni foreign fighters. But the ISIS's violent and extremist methods have alienated Sunni militias and Baghdadi's unwillingness to share power is likely to limit the group's territorial expansion.