The crisis was precipitated by weakness in the global economy and the effects of recent policy errors. Other contributors were the strategies left over from the pre-1991 Soviet-style planning era and the Congress Party’s socialist background and bent toward income redistribution in favor of rural areas instead of economic growth. Furthermore, the elections scheduled for 2014 […]
Most of us still look at China, the world’s second-largest economy, as the undisputed leader among major developing countries. In the long run, however, I’m betting on India to emerge as the more significant global economy. Those who are dazzled by China often forget that much of the rapid growth before 2008 was caused by the shift of […]
India‘s Gujarat state will hold a potentially game-changing vote on Thursday that could help decide whether Chief Minister Narendra Modi or Rahul Gandhi, scion of the Nehru-Gandhi dynasty, becomes India’s next prime minister. If, as many polls predict, Modi wins a fourth term as chief minister of the state, he is expected to project himself as […]
That Wal-Mart Stores spent $25 million on lobbying in the United States over the past four years on such issues as whether India would open its own retail markets to the global behemoth should surprise no one, much less shut down India’s parliament, as it did. Wal-Mart is one of the largest companies in the […]
New dynamics are emerging in the crucial Sino-Indian relationship. The two Asian giants are developing deeper global cooperation, while at the same time remaining stuck in a pattern of regional rivalry. Their disputed border, India‘s involvement in the growing confrontation in the South China Sea, and the US “pivot” towards Asia steer the Sino-Indian dynamic […]
All that remains of the sign above the Hitler clothing store in Ahmedabad, India, is the swastika that used to dot its “i.” Citing cultural insensitivity, the municipality tore it down on Oct. 30 after the store’s owners refused to change it. Rajesh Shah, a co-owner of the shop, which opened in August, is flummoxed. “We […]
On the eve of India’s founding, no one could have imagined how successfully it would come to navigate the international system. At that time, there were legions of skeptics who believed that the half-life of this new country would be measured in years, perhaps decades at most. The question of when India would split apart […]
Is the Indian Navy about to start mixing it up with China on the high seas? For years, as the Chinese have modernized their naval fleet, Indian strategists have worried about what that might mean for India’s political and economic interests. A recent book by C. Raja Mohan, one of India’s most influential strategic thinkers, explores the […]
India’s engagement with Africa has grown remarkably over the past decade. Trade with Africa jumped from U.S. $3 billion in 2000 to $52.81 billion in 2010-11 and is expected to exceed $90 billion by 2015. India has emerged as Africa’s fourth largest trade partner, after the European Union, China and the United States. Its cumulative […]
“Continuity” is a word that National Security Adviser Shivshankar Menon is likely to hear often from his Chinese interlocutors during his visit to Beijing, which begins today. Mr. Menon, who is also the Special Representative on the boundary question, will meet State Councillor Dai Bingguo, his counterpart on the border talks, for what officials have […]
looking beyond borders 