369 results found
Behind the hype of high economic growth today is a tale of average performance in various economic sectors.
IMF’s growth projections for FY2017 seem a little optimistic — economic growth will be lower than 7.2%. Likewise, its growth projections for FY201
India can thrive locally — but taking away overseas jobs if Indian corporations are ready to cut down on margins — and pay domestic employers more
Robust economic growth, coupled with a dibao-like subsistence guarantee to target poor through poverty household registry, and UBI in Macau and Hong K
With globalisation-led economic growth shifting to the East, it is only a matter of time that China, India and Southeast Asia create a counter realign
It is evident that China's grand-strategic priorities are tilted towards continued economic growth under the CPC watch.
Going by the latest economic status of the countries of the world, it looks like Nepal is joining the league of Sub-Saharan Africa. With a per capita income of $490.
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
Prudence lies in following the Chinese strategy of subordinating muscular diplomacy to economic growth. It remains in India’s interest to adhere to the open economy model.
The 2008 terrorist attack came during a sustained period of high economic growth in India.
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
This shift in Germany’s strategic posture aligns well with India’s willingness to play a larger global role.
This paper presents a status report of the BRICS nations (Brazil, Russia, India, China, and South Africa) on two crucial development parameters—inequality and poverty—that have a significant bearing on the Sustainable Development Goals (SDGs; especially SDG-1 and SDG-10). The paper tracks the origins and movements of absolute and relative poverty, and income and wealth inequality in the BRICS economies over time, highlights the associated cha
The legacy cross-border payment infrastructure is replete with issues of high costs, limited access, low speed, and opaque structures, which have limited the potential of cross-border payments to enhance international trade and foster economic growth in emerging economies. The increased demand for transparent, accessible, faster and cheaper solutions in the financial sector has pushed the private and public sectors to accelerate investments in in
The expansion of BRICS in 2023 has infused a new energy into the grouping. Despite certain rivalries, BRICS members still largely tend towards cooperation on issues of development and economic growth. The grouping now accounts for 40 percent of global trade. This report explores areas of cooperation for BRICS members in the domains of trade and investment. It identifies vulnerabilities in current supply chains, including connectivity, scarce raw
India’s power sector requires sustained efforts to achieve the power generating capacity target of approximately 1.2 terawatts by 2047. It needs such capacity to meet the demands of economic growth and achieve the Sustainable Development Goal 7 of providing universal electricity access. At the same time, the country also needs to reduce its greenhouse gas emissions to meet commitments to global climate action agreements. This paper revi
Can Africa’s energy transition break the resource curse? With global aid shrinking, African leaders look to clean energy to boost growth, jobs, and autonomy
Bringing the private sector centre-stage requires a sea change in the manner of its participation and its role in nation-building.
This paper highlights the risks that emerging economies are exposed to given the extended use of Unconventional Monetary Policies in advanced economies. It also explores how financial resilience of emerging economies can be increased to ensure stable economic growth.
Cultural entrepreneurship promotes a country’s heritage, resources and creative talents through products, services, and experiences. It shapes the country’s cultural economy; enables economic growth, innovation, and sociocultural development; and, when exported, contributes towards building soft power. India, with a millennia-old heritage, indigenous knowledge systems, and practices, has the potential to become a leading cultural and
The BRICS is growing more relevant and increasingly institutionalised. Economic growth rates continue to outpace the rest of the developing world. According to the UNDP, Brazil, China and India's combined GDP will be greater than the combined GDP of the US, the UK, Canada, France, Germany and Italy by 2020.
In October 2019, China’s Free Trade Agreement (FTA) with Mauritius opened the Chinese market to Mauritian exporters and investors. Not long after, concerns arose that Mauritius might be lacking in the capacity to benefit significantly from the agreement and thus lose in terms of a trade imbalance that clearly favours China. This brief revisits China’s motivations for the FTA, and finds economic and geopolitical goals. Given Mauritius’s smal
China’s communist party has survived where others have failed — a testament to its capacity to adapt and reinvent itself with the times. Mao’s successors put ideology aside and focused instead on economic growth. Yet today, under Xi Jinping’s leadership, there is much lip-service paid to the ideology of the communist past, even while key communist principles like collectivism are actively undermined. With a slowing down economy, communi
This paper revisits India’s contribution to institution building efforts in BRICS to suggest India’s keen interest in leveraging BRICS for fulfilling its national objectives on domestic economic growth and global governance. However, this paper notes, multiple competing imperatives of global governance and national interests within BRICS have led to asymmetric gains among members. BRICS suffers from weak cooperation in global trade, technolog
The Chinese are now seeking to finesse a situation where their continued economic growth requires them to open up their service and financial sectors in the world, while preventing their adversaries from using this to undermine the CPC control of China.
The COVID-19 pandemic can serve as an opportunity for India to redefine its approach to economic growth. The policy objective should be that once the threat of the current pandemic subsides, the country will not return to business-as-usual mode and rather build an economy for the future. The Indian government has declared that it is considering measures towards distress mitigation, relief disbursement, and a revival of growth. At the same time, h
India's reliance on outer space has become critical in its social and economic growth stories in addition to its transformative impact in the national security context. With growing reliance comes vulnerability to adversarial attempts to harm India's capabilities, particularly from the new threat of cyber warfare. Even as countries including India have debated the need to develop certain counter-space capabilities, such as demonstration of an ASA
An unshakable optimism about the long-term destiny of India's economy is counter-productive at moments of crisis
Hard work on inflation means there is monetary space in this crisis; but years of mismanagement means there is no fiscal firepower
Domestic climate of social peace and stability needed to turn the tide
India’s target of achieving 175 GW of renewable energy capacity by 2022 might appear ambitious, but it is crucial as it will have a positive impact on the country’s economic growth, energy security and the fight against climate change. Financing is emerging as the key challenge to this vision, slowing down the pace of growth; as of December 2019, over 50 percent of the 2022 target is yet to be achieved. This brief outlines India’s existing
