1093 results found
The economic and social problems of the European Union (EU) have not been fully resolved since the euro zone crisis. This issue brief walks the reader through the genesis of the crisis, the reforms and the bailout packages implemented; discusses the adverse consequences of austerity and proposes alternatives; and ends with implications for India.
The Middle Corridor is an essential route for Central Asian countries which are keen to expand their trade with Europe to reduce their reliance on Chi
Economic growth and prosperity have not liberated China’s mind from the medieval worldview of the ‘Middle Kingdom’, nor has it tamed its lust fo
India is not alone in facing slow growth because all the other BRICS countries too are facing slower growth and this slow growth would knock off half a percentage from US growth rate as well. The US is not going to grow over 2 percent this year, according to IMF.
The agriculture sector’s contribution to India’s GDP and employment makes it crucial to the country’s growth. At the same time, the sector’s massive greenhouse gas emissions pose a threat to India’s green transition. The ongoing farmers’ protests also highlight the need for a climate-smart agriculture strategy that will address fundamental issues like income support. This brief outlines a framework for India’s “new green revolutio
Indo-US relations that have witnessed a remarkable transformation in recent years, both in tenor and substance, are under intense scrutiny on the eve of US President Barack Obama's forthcoming visit to India. While relations between the two democracies have moved from one of 'estrangement' to a relationship of 'engagement' at many levels, there are outstanding issues that need to be addressed. This Issue Brief explores the prospects for cooperati
The "India Out" campaign in Bangladesh following the recent general election seems to be an attempt by the Opposition to further their political prosp
A new dawn emerges for the G7 and Quad alliances, in their resolute response to China's technological ascendancy and its implications for global secur
This paper analyses historical trends in women’s participation in Indian democracy as voters, contestants, and legislators, using data on state assembly elections between the first one in 1951, and 2019. The paper finds that India is witnessing a strengthening of its democracy as measured in terms of an unprecedented growth in the political participation of women in these three roles. In these 73 years of Indian democracy, the turnout of women
The COVID-19 pandemic has had widespread global economic impacts, and countries are gearing up for recovery. The UN Sustainable Development Goals (SDGs) will be crucial. Given that the SDGs incorporate the four pillars of capital — human, social, natural and physical — these targets will be useful in the post-pandemic economic recovery process. This brief utilises econometric analysis to illustrate how the implementation of the SDGs is a stat
The role of the state is paramount in incentivising and facilitating a continental-scale indigenous technology and intellectual property development ecosystem in India. The world's two largest economies, US and China, have amply demonstrated the payoffs of this approach through tangible socio-economic development. This paper documents successful strategies from both economies that India can emulate in its own context. It argues that multi
While the draft Land Acquisition and Rehabilitation and Resettlement Bill 2011 makes a genuine push for a better land acquisition regime in the country, the proposed legislation fails on many fronts to address some of the vexed issues related to land acquisition. This Paper looks at the key challenges to this legislation.
Like in some other regions of the world, the COVID-19 pandemic accelerated external debt accumulation in Sub-Saharan Africa (SSA). This could have massive, adverse impacts on growth as governments prioritise debt servicing commitments over key development expenditures such as healthcare and education. For the countries in SSA with relatively lower GDP, this could mean getting caught in a vicious cycle of low output and mounting debt. A pa
The real story for strong India-Australia relations lies beyond uranium. With one of the world's strongest mining sectors, Australia can help India exploit its own natural resources in an environmentally sustainable way and thereby address one of the major current constraints on India's economic growth.
As Africa begins to re-emerge as a chessboard for global powers, it is in the mutual interests of Africa and Asia to forge stronger alliances.
This brief analyses the alignment between India’s development partnerships since Independence, and sustainability goals. It conducts the examination using three phases of India’s development partnerships—i.e., Phase 1, 1947-1990; Phase 2, 1991-2008; and Phase 3, post-2008—and finds that the country’s development cooperation agenda has historically incorporated objectives of sustainable growth. This pattern would continue throughout the
The technology revolution of the 20th century minimised the importance of geographical, economic, social and political barriers and reduced transaction and information costs thus boosting productivity and growth, making governance more transparent and empowering the citizen. It propelled not only democracy, but also the market economy. Its impact on social relations, especially on gender relations, was significant, with the commodification of lab
Global geopolitics is in a state of intense flux. China’s rise has led to greater competition in the international system, with the United States and the post-War global order coming under increasing challenge. China’s high economic growth rate in the past several decades has meant bigger military budgets. In turn, its military rise threatens security in the Indo-Pacific region where China seeks to dominate, from the Himalayas to South China
To ensure sustained growth levels, the country requires a strong and healthy workforce – possible only when citizens are protected against health-related financial risks and can access quality health services.
Calls for fiscal stimulus and monetary overreach will not help deal with the pandemic's economic consequences
The Chinese Communist Party (CCP) is seeking to promote a political model with centralisation and one-party rule at the core to achieve economic growth and stability. This brief assesses the extent to which the CCP’s policymaking mechanisms and internal politics have influenced China’s strategy to combat the COVID-19 pandemic.
The errors and misapprehensions that led to constant optimism about Indian growth
The BJP has achieved a lot in the areas of governance, growth and ease of doing business. The party currently appears to be in a strong position for the 2019 Lok Sabha elections.
Among India's neighbours, Bangladesh occupies a special position not only because of India's role in its liberation but because geographically, too, it surrounds Bangladesh from three sides. The beginning of close economic relations between the two countries can be traced back to 1971. After its independence, Bangladesh's requirements of consumer goods, especially food, came from India. Over the years, the country has sought easier access to Indi
While the domestic economic situation needs various corrective steps to bring back an increase in private investment, the external situation needs to be addressed with right export-boosting policies. Raising export growth seems to be the only alternative.
The new NSS survey clearly shows that 8 per cent GDP growth of the last five years has not translated into a higher level of job creation. There was a dramatic deceleration in total employment growth. And this means that India has been experiencing jobless growth during the last five years.
An interest burden growing faster than GDP growth by 2.5 percentage points is not a comforting signal for fiscal stability.
Unless mainland China somehow manages a swift recovery, historians of globalisation will view this moment as a watershed
India’s trajectory towards becoming a powerhouse economy is only possible by reconciling between the irreconcilable trinity of equity, efficiency an
The Bay of Bengal region links South Asia and Southeast Asia, with the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) serving as a platform of trans-border cooperation. The BIMSTEC’s prime assets are the historical and cultural links between the nations, and their spirit of community. However, the lack of both a robust decision-making mechanism and a set of common rules have slowed down the growth of th
India’s hill cities are unique poles of development. While they have managed to record some degree of economic growth, increasing urban population and unfavourable topography have also made such growth haphazard and unsustainable. In turn, this has threatened the quality of the built environment and of urban life in these cities. This report studies the case of the hill city of Aizawl, the administrative capital of Mizoram, which is part of the
India is currently the fifth most vulnerable country to climate change. Easing environmental norms will not boost economic growth.
The pace of Indian infrastructure building along the Line of Actual Control (LAC) bordering China has historically been slow due to financial and doctrinal constraints, but has accelerated in the past 20 years. Construction has become more efficient owing to bureaucratic changes and the infusion of greater financial resources. This paper attributes these changes to strategic compulsions brought about by Chinese actions—both diplomatic and on-th
India?s improved relations with Bangladesh have brought new opportunities for economic development in the North East region. To maximise the benefits, there is need for identifying the factors and the issues that might hinder the growth of economic ties.
The successful implementation of the PLI scheme will be crucial in realising India's vision of becoming a leading manufacturing hub on the world stage
The MPD 2041 can be the framework to guide the future growth of the city and address the inherent planning issues.
The solipsistic Trump “revolution” is unfolding on fantasies about economic growth.
Bangladesh isn’t a less economically developed country; its per capita income has recorded significant growth. — Hossain Toufique Imam
