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As the global economy moves towards ubiquitous digitisation, the demand for and generation of data is experiencing exponential growth, as are computational requirements and user adoption of AI products and services. This growth is forcing big-tech incumbents to expand capital expenditure. Undergirding this dynamic is the confluence of increasing frontier model training costs and plummeting inference costs. Revenue streams of AI companies are furt
In August 2021, Kabul fell to the Taliban, marking their return nearly 20 years since they first ruled Afghanistan in the mid-1990s. This report examines the prospects of restarting India’s engagements in Afghanistan under the current Taliban regime. It builds on the insights shared during an exclusive, virtual roundtable organised by ORF’s Centre for New Economic Diplomacy (CNED) in September 2021, and makes a case for India to consider the
India is at a crossroads. It has the largest young workforce anywhere in the world, and is the fastest growing economy today. At the same time, the economy is not creating enough jobs, and therefore not fully harnessing its “demographic dividend” in preparation for the “Fourth Industrial Revolution”. To create more and better jobs, certain fundamental realities need to be recognised – the untapped opportunities in the services sector, t
SCO members need to take a two-track approach to make it a successful regional grouping. At the macro level, it must forge a common vision and mutual trust with similar groupings such as the Collective Security Treaty Organization. At a micro level, bilateral and regional issues between member states need to be addressed.
Iran’s leaders invoke the rhetoric of unity and resistance to face Israel, but rising domestic fatigue and a fractured society limit the power of old mobilising narratives.
The greatest impact of changing Sino-US relations will be on Asia, a primary theatre of interest for India. Beyond the simultaneous engagement with America and China, Delhi needs to deepen its partnership with its Asian friends and partners and raise India's own profile in the region.
The ‘Compact with Africa’ (CWA) is the main pillar of a renewed G20 partnership with the continent. Its objective is to attract more private investment to Africa, especially for infrastructure. African countries face the challenge of diversifying their economies and promoting industries and services that can absorb a rapidly growing labour force. Lack of investment and Africa’s massive infrastructure gap are major obstacles to this economic
The G20 Digital Agenda: Cross-Presidency Priorities white paper, co-authored by the World Economic Forum and the Observer Research Foundation (ORF), underscores the importance of a cohesive digital strategy within the G20.
The role of digitalisation in the global economy has become increasingly crucial as the dependency on digital technologies has surged amid the COVID-19 pandemic. Establishing a digital economy involves utilising digitisation as the key factor of production in a broad range of economic activities. The G20 has recognised the importance of maximising benefits and minimising challenges from the development of the digital economy. Over the years, it h
The COVID-19 pandemic is transforming the world of work. As new occupations are emerging in this digitised landscape, the skills and competencies required for jobs are evolving as well. This brief examines the skills gaps that persist across the G20 countries, and argues that they will need to adapt their education and training mechanisms to the changing skills requirements. Although nearly all presidencies of the G20 forum have prioritised youth
New Delhi has shed its past baggage with the West but Russia’s embrace of China poses a challenge.
President Trump’s implicit assessment of the value of the G20 Hamburg summit was best illustrated by letting his daughter replace him.
At a time when the world order is intensely polarised, India remains one of the few nations which can engage with both the G-7 and BRICS in a matter of days with élan.
The G7’s future relevance will depend on its ability to stay united, share space, and shape the agenda with rising powers like India.
This time around, it is probably fair to say that no “Wuhan spirit” can salvage bilateral relations.
Moves and counter-moves in Indo-Pak relations, like in a game of chess, continue to leave the actors in a mood to fight further. However, unlike in a game of chess, no endgame seems to be in the offing. This vicious circle of moves, counter moves, stalemate, warmongering, dialogues and so on is a direct impact of a precarious lack of an ultimate solution to the basic issue in Indo-Pak relations.
In order to stall an Operation Cactus redux, Beijing would have had to signal India that it has the muscle to push Indian forces out of the Maldives if it so chooses
It is a troubled world that we live in today. However, so far India has been a sea of tranquility and it is too early to say if there is a link between the storm brewing on both flanks, but the security agencies, indeed the entire country, have a task on their hands.
Nuclear weapons, the ultimate symbol of power, are no assurance or guarantees against blowback from religious radicalism. Only when the State decides to put a stop to this and takes a lead against the beliefs and practices of radicalism, will society learn to follow and resist.
The proverbial Global South seems to be showing a fragmented approach to the crisis
Two immediate observations can be made from Pakistan President Pervez Musharraf's address to the nation on July 22, 2005. One, he is not willing to take strong and decisive action against extremist and terrorist groups in Pakistan. Two, he cannot take such an action.
The global climate finance architecture tends to restrain emerging economies from mobilising and accessing global private commercial capital for energy transition. This brief explores the different global financial regulations that influence climate capital flows between countries, and argues that institutions must enhance their role in facilitating the optimal allocation of capital. It evaluates the role of Multilateral Development Banks from a
Structural changes need to be brought to allow different financial sectors to invest in the green future of developing nations.
The South Caucasus region—comprising Armenia, Georgia, and Azerbaijan—is a critical geopolitical hub due to its strategic location at the intersection of Asia and Europe, where India has emerged as a new player. This report explores the current India-Armenia partnership in the context of evolving geopolitical dynamics and regional power shifts. It focuses on understanding how Armenia’s strategic importance can serve India’s broader geopol
Global supply chains are being restructured to achieve distinct geopolitical goals, given the strategic vulnerability of such networks due to being controlled by a few nations. Countries that are prominent sourcing hubs for some supply chains could potentially ‘weaponise’ their economic influence for larger geopolitical gains. This brief argues that although multiple global efforts have been initiated to address such threats, efforts
China's new gas pipelines from Myanmar will provide an alternative route for Beijing to import energy supplies. This is important for China given US maritime supremacy in the region. But the strategic advantage that Beijing gains out of the pipelines in the long-term depends on developments inside Myanmar and China's relations with it.
The 2015 Paris Climate Agreement, often hailed as a diplomatic triumph, aims to limit temperature increases to below 2 degrees Celsius (C), preferably to 1.5 degrees C, compared to pre-industrial levels. However, with the United Nations (UN) having failed to establish a method for putting a price on carbon, greenhouse gas emissions have continued to rise, and global temperatures increased by more than 1.2 degrees C in 2020. Already, experts warn
A survey shows wide youth support for the Modi government’s foreign policy.
The International Financial Architecture has come under much scrutiny following the 2008 global financial crisis. There have been demands for major reforms to the IFA; but despite the steps taken so far, much more needs to be done to ensure global financial stability.
Amid disruptive international crises such as the COVID-19 pandemic and the ongoing war in Ukraine, ensuring a secure energy supply for development requires focused efforts by individual countries and the international community. This report examines the global governance of the energy transition from the perspectives of the Latin American and Indo-Pacific regions. Despite their geographic distance, the two regions share similarities in their econ
The People’s Liberation Army (PLA) has historically been a key instrument of state power in modern China, from the time founder Mao Zedong famously said that power flows “from the barrel of a gun.” Today, in the era of Xi Jinping, China is strengthening its defence diplomacy through Xi’s so-called Global Security Initiative (GSI) that envisions a growing role for the Party-state’s arms like the PLA and the Ministry of Public Security. T
Asia’s growing space race is indicative of the larger geopolitical competition in the region. China’s rise and the strategic uncertainties it has created are particularly worrying to India and Japan, leading to surprisingly fast-growing India-Japan strategic cooperation.
The idea was to capture the different dimensions of the war on terror as has been perceived and to locate the war in the larger geo political context in order to appreciate and understand the consequences, according to Dr Ashley Tellis, a well-known senior US policy analyst.
There has rarely been a period in modern history, when the world has not been confronted with terrorism; somewhere or the other, in some form or another, for some reason or the other. As a mean of coercion through violence, terrorism ebbs and flows and keeps undergoing many mutations.