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Cyber Mercenaries: A Call to Action for the Quad
Sep 20, 2023

Cyber Mercenaries: A Call to Action for the Quad

This paper investigates, in the context of the Quadrilateral Security Dialogue or Quad, the burgeoning threats posed by cyber mercenaries acting as proxies for revisionist states bent on destabilising the institutions and societies of adversary nations. The paper offers essential definitions of what comprises cybersecurity threats, including cyber mercenaries, and delineates current trends. Drawing on open-source intelligence and insights from cy

Debt ad Infinitum: Pakistan’s Macroeconomic Catastrophe
May 31, 2023

Debt ad Infinitum: Pakistan’s Macroeconomic Catastrophe

This paper dissects the causes behind Pakistan’s ongoing economic crisis. The causes include dwindling forex reserves, the phenomenon of ‘galloping inflation’, a falling Pakistani Rupee, uncompetitive and undiversified export basket, burgeoning external debt, lack of fiscal prudence, debt distress, and a worsening business environment—all cascading to a balance of payment crisis. While austerity measures, appeals for loan rollover to debt

Debt Diplomacy in Action: An Overview of China's Loans and Investments in West Africa
Sep 15, 2023

Debt Diplomacy in Action: An Overview of China's Loans and Investments in West Africa

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

Decade of Action: Importance of a circular economy
Apr 14, 2021

Decade of Action: Importance of a circular economy

As a primarily economic discipline, the circular economy must empower business and industry.

Developing a regional Single Window System in the Indian Ocean Region
Jun 02, 2023

Developing a regional Single Window System in the Indian Ocean Region

India and Australia can support the development of a Single Window System in fellow Indian Ocean Region states for trade facilitation at the regional

Disruption of the global aerospace and aviation industry — and lessons for India
May 05, 2020

Disruption of the global aerospace and aviation industry — and lessons for India

Now is time for India to rise to the challenge and be the leader in the opening up of the aviation sector.

Energy security: Yours, mine, or ours?
Oct 17, 2023

Energy security: Yours, mine, or ours?

Western narratives on energy security that tend to exaggerate threats to scare the rest of the world into action are mostly about their interests. The

EU-China ties: Deficits, de-risking, and dual-use tech
Dec 08, 2023

EU-China ties: Deficits, de-risking, and dual-use tech

Accompanying these country-level strategies is a range of defensive measures that the EU has put in place. These include two-way screenings of investments and anti-coercion mechanisms under the umbrella of its 'derisking' approach. At the same time, Europe is attempting to diversify its trade partners and supply chains in favour of more 'like-minded' nations in Asia, Latin America and elsewhere.

Europe accelerates its free trade agenda
Dec 01, 2022

Europe accelerates its free trade agenda

With the growing need to diversify supply chains, the EU needs to revisit the process of free trade agreements without alienating its members

Explaining the Rise of Minilaterals in the Indo-Pacific
Sep 16, 2021

Explaining the Rise of Minilaterals in the Indo-Pacific

Heightening great-power rivalry has impeded consensus-making in multilateral institutions. This has given rise, in recent years, to minilaterals especially in the Indo-Pacific. Even as there are criticisms that minilaterals are too informal and lacking in structures that are required for focused debates, China’s belligerence has galvanised support for, and focus within minilateral groupings in the region. Over the past year, the fallout of the

Exploring India’s economic diplomacy with the US
Apr 26, 2021

Exploring India’s economic diplomacy with the US

The opportunities and challenges for Indian economic diplomacy in its efforts at engaging the US over the next decade are immense.

FDI opening timed wrongly
Dec 05, 2011

FDI opening timed wrongly

Opening up retail trade should not have happened at a time when inflation is high, GDP growth rate is falling, industrial growth and exports are declining. Unfortunately, it would take a long time for the multi-brand retailers to establish their own supply chains and hence inflation is unlikely to come down in the near future.

Food safety during the pandemic—a matter of concern and opportunity to make it better
Jun 07, 2021

Food safety during the pandemic—a matter of concern and opportunity to make it better

On World Food Safety Day, we look at how COVID-19 has highlighted the growing concerns around food safety

Forging China-Resistant Supplier Compacts
Aug 14, 2023

Forging China-Resistant Supplier Compacts

China’s approach to trade has stood impervious to change. It is time for a new geoeconomic approach to counter China. Like-minded nations can fashion rapid arrangements to grow the supply chains that matter most, such as for electric vehicles (EV). The US and India, plus Australia, Canada, Japan, Britain, Taiwan, Korea, and Mexico can form an EV supply chain compact to create a level playing field within the group and incentivise their

From turmoil to clarity: International relations in the new decade
Jan 04, 2021

From turmoil to clarity: International relations in the new decade

Indian foreign policy will have to respond to the meta-trends by crafting an approach that is more than just the sum of its bilateral and multilateral

Future of the pandemic in 2021 and beyond — Africa’s economic challenges continue
Dec 29, 2020

Future of the pandemic in 2021 and beyond — Africa’s economic challenges continue

For 2021, governments in Africa will focus on improving their revenue and ending the economic recession, way more than it will focus on managing the p

Green lighting growth
Jun 09, 2023

Green lighting growth

Dialling down the tax and public debt-driven, active industrial policy model could greenlight private demand-led consumption and private investment-le

Green Recovery: Opportunities for India
Nov 17, 2020

Green Recovery: Opportunities for India

The COVID-19 pandemic has had a massive economic and social fallout for India, as it has across the globe. In India, large numbers of people lost their jobs, and supply chains across industries and agriculture have been disrupted. At the same time, environmental indicators—notably air and freshwater quality—showed improvements following the long period of a nationwide lockdown. This brief outlines why India must make a focused decision to mov

Halfway to 2030:Unravelling Global food security challenges
Jan 12, 2024

Halfway to 2030:Unravelling Global food security challenges

To end the intergenerational cycle of poverty and eradicate all types of malnutrition, policymakers must intensify their efforts

Houthi rebels drag India into Red Sea crisis
Jan 03, 2024

Houthi rebels drag India into Red Sea crisis

States are no longer insulated from distant geopolitical realities. As India has witnessed, trade and supply chain linkages can extend conflicts to uninvolved states

iCET: Promises and challenges
Feb 17, 2023

iCET: Promises and challenges

If the iCET crystallises into concrete reality, it will bring great gains for India

In search of a coherent international approach to governing technologies
Oct 17, 2021

In search of a coherent international approach to governing technologies

If States cannot agree on legally binding rules, norms are the next best option for shaping State behaviour in cyberspace, but is that enough?

India and the U.S. can together make tech more accessible to all
Jun 20, 2023

India and the U.S. can together make tech more accessible to all

A strategic partnership of two great democracies will counter the rising influence of techno-authoritarians.

India and the UAE: CEPA cements a promising bilateral
Jun 23, 2023

India and the UAE: CEPA cements a promising bilateral

Growing convergence on contemporary national goals and policy objectives has become the principal driver of the India-UAE relations

India chasing a fleeting manufacturing dream
Jun 07, 2020

India chasing a fleeting manufacturing dream

With the current rise in automation — a trend that has gained strength due to COVID-19 — the manufacturing sector’s ability to absorb traditiona

India in the Era of ‘Silicon Diplomacy’
Aug 17, 2023

India in the Era of ‘Silicon Diplomacy’

The global shortage in semiconductors that occurred during the Covid-19 pandemic, resulted in heavy losses for many economic sectors. The fragility of the supply chain and the innate dependencies within, have made semiconductor collaboration essential to maintain the industry’s efficiency. This brief examines how semiconductors have become a fulcrum for building potential technology alliances. It outlines ongoing diplomatic initiatives

India must attain e-SWARAJ
May 24, 2023

India must attain e-SWARAJ

India is a sovereign nation; is it digitally sovereign, too? This paper examines the degree to which India is self-reliant in electronic hardware. After all, for a country to be self-reliant in the information age, it has to either attain indigenous capability in electronic manufacturing and services or be equipped to protect data and mitigate the threats associated with supply chain vulnerabilities. This paper refers to self-reliance in electron

India-China economic ties: Impact of Galwan
Feb 04, 2021

India-China economic ties: Impact of Galwan

The current trade scenario suggests that the nationalistic notions of bringing China to its knees — by boycotting Chinese goods — has been a flop.

India-Middle East-Europe Economic Corridor: Towards a New Discourse in Global Connectivity
Apr 09, 2024

India-Middle East-Europe Economic Corridor: Towards a New Discourse in Global Connectivity

This report presents an initial stocktaking of the India-Middle East-Europe Economic Corridor (IMEC) announced in 2023 following a meeting in New Delhi between the leaders of India, the US, the United Arab Emirates, Saudi Arabia, Italy, France, Germany, and the European Commission. Given that the participating economies contribute to almost half of the global GDP, there are many opportunities and challenges associated with the economic corridor.

India’s G20 Agenda: Integrating digital economy and value chains
Dec 03, 2022

India’s G20 Agenda: Integrating digital economy and value chains

Under India’s G20 presidency, India will need to ensure that TIWG and DEWG are closely collaborating, since both the working groups have common obje

India’s reluctance in joining the RCEP — A boon or a bane in the long-run?
Feb 10, 2021

India’s reluctance in joining the RCEP — A boon or a bane in the long-run?

The success of not signing the RCEP should be measured by the extent to which India is able to align the goals of its foreign trade policy.

India’s Russia Defense Gambit
Jan 11, 2024

India’s Russia Defense Gambit

The uncertainty and possible further disruptions in the defense supply chain out of Russia could accelerate India’s diversification and indigenization efforts.

Investing in the Planet: Climate literacy as ESG enabler for Indian corporates
Apr 21, 2023

Investing in the Planet: Climate literacy as ESG enabler for Indian corporates

As per the theme for Earth Day 2023, Indian businesses should invest in green solutions and embark on sustainable and green business models

Is China challenging India’s West Asia success story?
Aug 25, 2023

Is China challenging India’s West Asia success story?

While India’s diplomatic and political outreach with West Asia has been a success story over the past decade, the geopolitics of technology has the potential to offer a challenge.

Israel’s Silicon Wadi: A promising semiconductor partner for India
Jul 20, 2023

Israel’s Silicon Wadi: A promising semiconductor partner for India

As India aspires to become a global semiconductor hub, Israel can be a model to follow and a partner to work with

Knowing one’s friends and allies: The politics of the BRICS amidst the pandemic
Jun 16, 2020

Knowing one’s friends and allies: The politics of the BRICS amidst the pandemic

For most coalitions — and especially so when they involve developing countries — there are usually doomsayers predicting its premature death. The

Lessons from India's past for its semiconductor future
Jun 22, 2023

Lessons from India's past for its semiconductor future

The compounded incentives offered by the Indian government along with smooth approvals and licenses, would be critical in moving India up the global s

Leveraging the Global Macroeconomic Environment for Recovery and Growth: Opportunities for G20 Under India’s Presidency
Aug 04, 2022

Leveraging the Global Macroeconomic Environment for Recovery and Growth: Opportunities for G20 Under India’s Presidency

The global macroeconomy has undergone unprecedented change in recent years, particularly because of the COVID-19 pandemic. While the G20 had an effective coordinating role in steering the global economy through the 2008 global financial crisis, its role in engineering an inclusive and sustainable recovery from the pandemic has been more mixed. Incomes in the advanced G20 economies are on track to return to pre-pandemic levels by end-2022 but have

Modi 2.0 offers a giant political supermarket
Jun 19, 2019

Modi 2.0 offers a giant political supermarket

Export orientation is a quality and time conscious eco-system which hinges on becoming part of global supply chains.

Multi-brand retail: Risky to usher in oligopolistic global retailers
Apr 14, 2014

Multi-brand retail: Risky to usher in oligopolistic global retailers

It makes more sense to enable domestic multi-brand retailers to become strong and see how they develop the village infrastructure and supply chains. It would be risky to usher in oligopolistic global retailers without any strings attached and allowing them to take a big slice of India's huge retail market.

National security is defining Globalisation 2.0
Jun 06, 2023

National security is defining Globalisation 2.0

The Biden administration has been uncommonly vigorous in shaping American policy to maintain American hegemony or Globalisation 2.0

NATO आणि पुन्हा युतीचे राजकारण
Oct 20, 2023

NATO आणि पुन्हा युतीचे राजकारण

चीनच्या दृष्टीने युरोपीय गटाचे राजकारण यावेळी इंडो-पॅसिफिकपर्यंत विस्तारू शकणार आहे.

Oil-for-loans: Chinese energy investments in Russia
Feb 22, 2023

Oil-for-loans: Chinese energy investments in Russia

The Sino-Russian bilateral signifies China’s urgency for resilient global energy supply chains to meet its increasing energy needs through its oil-f

Policy Imperatives for India’s Integration into Electronics GVCs
Aug 16, 2023

Policy Imperatives for India’s Integration into Electronics GVCs

Recent years have highlighted the global headwinds against China's increasingly aggressive moves in the Indo-Pacific region. Vulnerabilities associated with an overdependence on the country for several critical goods, including electronics, have exacerbated prevailing anti-China sentiments. This has provided the impetus for diversifying electronics supply chains, an opportunity India is well positioned to leverage. This brief assesses Ind