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This paper argues that even when the India-Japan-Australia minilateral is inspired by a need to ensure their interests against the current global power transition, it remains limited in its aim: to restrain China from achieving regional hegemony as it may threaten the liberal security order in the region. In the face of China’s rise and the US’ retrenchment, Asia’s regional powers are hedging their bets on a regional security order that is

Carbon-intensive assets are a financial time bomb.

The Commodity Transaction Tax (CTT) was imposed on non-agricultural commodity derivatives trading in India from 1 July 2013. This paper investigates the impact of the CTT on some of the efficiency parameters of the commodity derivative markets in India. The authors analysed daily trading data from January 2006 to December 2019 of Multi Commodity Exchange (MCX) of India for five non-agricultural commodities: aluminium, copper, crude oil, gold, and

Trump's phone-call to Taiwanese President has led the Chinese Foreign Ministry spokesperson issue a statement calling on the US to adhere to its one-China policy commitment

Amongst India’s stated priorities in its G20 Presidency are reforming multilateral institutions, climate action alongside energy transition, digital transformation and governance, sustainable economic growth, and women’s empowerment. In many of these concerns, countries in the Global North and Global South have serious divergences, thereby hampering progress towards consensus and unified action. To remove some of the deadlocks

In response to increasing criticism of the existing international investment regime, various countries, including India, have been revising their model investment treaties. is paper analyses India's recently approved Model Bilateral Investment Treaty (BIT). It makes an assessment of the text's practical implications from the perspective of ongoing negotiations of investment agreements with several countries, as well as India's transition towards

The first universal, legally binding global climate accord signed at the 21st session of the Conference of Parties (COP) in Paris in 2015 committed to long-term goals for “holding the increase in the global average temperature to well below 2°C above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels.” However, as world leaders prepare for the Facilitative Dialogue (FD) ahead o

After managing well the crisis over the Election Commission in Maldives, the government now will have to initiate legal and political measures to institutionalise facilitating mechanisms for smooth transition. Again, the initiative would lie with President Yameen.

Living conditions in fast-growing rural areas across India are deteriorating due not only to the impact of urbanisation but the lack of capacity of the local governments to manage such transitions. This brief makes the case for changing the administration status of such areas from “rural” to “urban”, establishing urban governance mechanisms therein, and making them resilient. For identification of such areas, the state government’s opin

This report is part of the Observer Research Foundation’s “Financing Green Transitions” series which aims to find potential linkages between private capital, in all its forms, and climate action projects. The series will primarily examine domestic and international barriers to private capital entry for mitigation oriented climate projects, while also examining potential avenues for private capital flow entry towards adaptation and resilienc

This brief explores four scenarios of climate action for India using a systems dynamics model called the Energy Policy Simulator for India. It investigates policy trade-offs and co-benefits and estimates the costs of climate action. It finds that deep decarbonisation in the Indian economy is possible while also boosting jobs and GDP and avoiding millions of premature deaths due to harmful air pollution. The low-carbon transition will require mass

Silencing both critics and skeptics, Modi had categorically stated that “relations between the two countries cannot be determined or be even remotely influenced by incidents related to individuals.”

The country has already seen three years of Thein Sein government, a critical phase in the history of Myanmar, which back then was on the throes of transition to democracy.

Since the end of the Cold War, the world order has been in a state of dynamic transition. With unprecedented military, economic and technological preponderance, the US dominates the scene. Europe is reunited, at peace and engaged in consolidating its political unity and economic integration.

If there ever was a moment for India to stick by the principle of non-intervention in the internal affairs of other nations, this is it in the Middle East. The region is in the throes of a difficult political transition and Delhi must deal with the governments of the day, irrespective of their internal orientation.

Pakistan's Prime Minister-designate Shaukat Aziz has been elected to the National Assembly with a thumping majority. His victory is being projected as a peaceful transition of power¿from Jamali to Shujaat to Aziz-- and as a sign of democracy maturing in Pakistan.

The world is experiencing a crucial shift; a new industrial revolution. This time, the colour is green, and the aim is a cleaner, more livable world for future generations. This industrial revolution will require unprecedented access to critical minerals like graphite, cobalt, lithium, and copper, used for some of the most advanced technologies of our time. Many of these minerals are scattered around the globe, and states that do not have the nat

Countries like India are in the phase of a transition where the public policy challenges presented by overnutrition are in addition to those posed by undernutrition, instead of replacing traditional challenges of undernutrition.

Thailand is one of the few developing countries in the world that have successfully implemented Universal Health Coverage (UHC). Beginning three decades ago, Thailand’s UHC first covered the poor, then the near-poor, the formal sector employees, and the children and the elderly, through various publicly funded and contributory schemes until it reached 71 percent of the entire population in 2000. The government elected in 2001 implemented full-p

Russia recently witnessed the re-election of its long-serving president. A constitutionally mandated term limit suggests this would be Vladimir Putin’s last presidential term. As Russia enters a period of power transition, it is likely that a number of political actors will become relevant during this phase. This brief looks at the groups that form the opposition—those operating within the formal institutions and the major players outside it�

Attention has to be focussed on Saudi Arabia as it enters a period of transition and uncertainty in the wake of reports about a deterioration in the health of King Fahd, who has been admitted in hospital. In the absence of authentic reports on his health, rumours are rife that his end may be near.

The significance of the agreement brought out between rival Afghan presidential candidates, Abdullah Abdullah and Ashraf Ghani, should not be overlooked. It has ensured that Afghanistan's democratic transition does not come to a premature halt. A timely resolution of the immediate predicaments could guarantee that it remains a durable one.

India is driving a transition to e-mobility in a bid to meet its commitments to the Paris climate agreement. Meeting the e-mobility targets will have multiple benefits, including cleaner air, improved health, and a reduced oil import bill. India’s cities will play a key role in achieving the e-mobility transition through planning and the implementation of local policies, but they must first overcome certain challenges. Assistance from the centr

India is experiencing a surge in power demand owing to an expanding economy. Even as the country has embraced the idea of transitioning to clean renewable energy, its current demand for electricity can only be met by addressing the concerns surrounding coal-fired power plants. The goal of going green might be a medium- to long-term strategy that should be diligently pursued to avoid future crises. In the short term, however, focus should

The democratic transition in Pakistan has coincided with the last year of the UPA government's second term in India. As the government battles one controversy after another, the looming elections in 2014 may act as a distraction wherein improving relations with Pakistan may not be a priority for the government at present.

Concerns remain in the developing world that about whether the ICANN/IANA transition will create a truly plural process. This issue brief discusses three challenges 'multistakeholderism' must address from the perspective of the developing world: access, equity and sovereignty.

Russia—the state with the longest Arctic coastline—is embarking on an ambitious plan to benefit from the vast natural resources of the region, while undertaking a military modernisation effort that had been stalled after the end of the Cold War. As one of the strongest players in the high north, Russia will be key in determining the future of the region, which is facing challenges brought about by global warming. This paper examines Russia’

Observer Research Foundation (ORF) organised a brainstorming session on "Possible Approaches for India's policy towards Myanmar" on October 18, 2007. The meeting discussed a gamut of issues including India's Myanmar policy, sanction regime, the China factor, Myanmar's political transition, and international community's response to the recent uprising in Myanmar.

Talking about the challenges confronting the Nawaz Sharif government in Pakistan and the implications of the political transition on the region, Dr. Frederic Grare said the problems facing his government are huge, which cannot be resolved overnight and need long-term solutions.

The two-week-long Sindh festival, now underway in Pakistan, is significant for multiple reasons. For one, it is about the unfolding leadership transition in the Pakistan People's Party from Asif Ali Zardari, who led it after the assassination of Benazir Bhutto in December 2007.

Social protection is crucial in tackling extreme poverty and ensuring equitable development, thus catalysing the transition to a more stable and robust economy. About 50 percent of India’s economy hinges on its informal workers, who comprise 90 percent of the country’s total workforce. Yet, these informal workers continue to be excluded from current social-protection schemes, leaving them with no social or financial safety net and trapping th

The findings of Working Group-III (WG-III) of the Sixth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) clearly highlight the global failure to scale-up mitigation actions to achieve the Paris Climate targets. Immediate and unprecedented action will now be needed to avoid catastrophic global warming in this century. The WG-III report details some of the policy actions needed at the global level to enable a sustai

Reconciliation with the Taliban is critical to the US transition plan for Afghanistan. Although there have been secret and persistent talks with some key elements of the Taliban leadership during the last two years, a tangible outcome has yet to emerge from these negotiations.

The world is facing a climate-change challenge that requires nothing short of atechnological revolution to address. Yet the current patterns of technology development anddiffusions are not transformative enough; nor are they happening at a pace, rapid enough.Actions at multiple levels engaging different actors are needed to reduce emissions whilemeeting the developmental needs of the global south. This paper summarises the mostinnovative ideas s

The 20th Party Congress of the Communist Party of China (CPC) in October 2022 and the subsequent leadership reshuffle gave a new mandate to a ruling elite that will sit at the helm till 2027. It happened at a time when the CPC is facing strong headwinds, among them a tech war with the United States (US) and a downturn in the domestic economy as a result of President Xi Jinping’s ‘zero-COVID-19’ policy. The CPC saw the protests that ensued a

Although Africa’s greenhouse gas emissions are low, its contribution to climate change mitigation is critical to global climate action. This report evaluates Africa’s climate policy through the lens of ‘common but differentiated responsibilities,’ an asymmetrical allocation of responsibility for climate action, determined by differences in countries’ contributions to historical emissions and their current capabilities to fight climate c

Bhutan has historically maintained a neutral relationship with China, to its north, and a more special relationship with India, whose states border its west, east, and south. Over the past two decades, however, many factors are forcing Bhutan to settle its longstanding territorial disputes with China and diversify its relations. These factors include its own changing economy and transition from an absolute monarchy to a democracy, a gener

Russia’s policy towards South Asia has been the subject of much speculation lately. With closer cooperation between Russia and China and the former’s warming up to Pakistan, it is becoming increasingly evident that Russia is moving away from its India-centric approach in the region. This brief studies the changes, and continuity, in Moscow’s foreign policy towards South Asia as it transitioned from the Soviet Union into the Russian Federati

The Maghreb, often considered part of the Arab world, straddles the Euro-Mediterranean region, Sub-Saharan Africa, and the Arabian Peninsula—a location that has given it a distinct history, political landscape, economy, and development trajectory. It is also emerging as an arena for great-power contestations, and is rich in natural resources critical for green transition. Historically dominated by former colonial powers, the countries in the re

Human civilisation is at a new moment of transition across social norms, economics, governance, and the environment, and is facing the dawn of a new era of inter-planetary human migration (to Mars). In the future, historians will look to the first half of the 21st century to tell the story of how these changes started and unfolded through five domains of conflict. These domains touch on the unravelling of governance structures in need of

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

Land acquisition remains at the centre of many controversies and public policy paralysis in India. There are very few public policy issues in India that rival land acquisition in terms of its complexity, challenges and significance to country's growth and transition to more urbanised and industrialised status.