Look Who’s Travelling…

One luxury sector in China that hasn’t taken a hit under President Xi Jinping’s austerity and anti-graft campaign is overseas travel. Last year, Chinese tourists made 97 million overseas trips—up from just 10 million in 2000 and 83 million in 2012. And their spending on overseas travel increased 28 percent in the first nine months of 2013, as compared with the same period […]

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Genteel Warriors

Central banking isn’t a contact sport like football, or even cricket. But the head of India’s central bank, who until recently was living and working in the U.S., is throwing some sharp elbows at his counterparts at the Federal Reserve. This is as close to a brawl as you’re likely to see in the genteel […]

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Looking For Legs

At the turn of the century Afghanistan was economically comatose. The arrival of international forces in 2001 also marked the start of unprecedented international support. After 12 years of conflict, Afghanistan remains a burden for the international community. Read Here – The Diplomat

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The Sinking Governance Ship

A new and different kind of global power is on the rise – one that is informal and citizen-based. Attitude surveys indicate that citizens in rich as well as poor countries – aided by dramatically falling costs of communication, participation, and coordination – are aware of the risks a hyper-connected global market system creates, and […]

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Battle Between Two Futures

Late this spring, India will hold its 16th general election. The vote will pit the forces of progressivism, which celebrate cultural and social pluralism and promote equity and good governance but appears singularly incapable of policy implementation, against the forces of cultural and religious nationalism, which promote rapid economic growth and political order but show […]

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Future Proofing By A Tech-Savvy Government

Estonia may not show up on Americans’ radar too often. It is a tiny country in northeastern Europe, just next to Finland. It has the territory of the Netherlands, but 13 times less people—its 1.3 million inhabitants is comparable to Hawaii’s population. As a friend from India recently quipped, “What is there to govern? Read Here […]

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Who Saved The World?

“Sarajevo, 21st-century version.” This is how political scientist Anne-Marie Slaughter, the director of policy planning under former Secretary of State Hillary Clinton, refers to what is currently brewing off the Chinese coast, where the territorial claims of several nations overlap. Read Here – Der Spiegel

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The Rich, The Poor And The Beach Bums

The modern loosening of ties between the citizen and the state, apart from a number of beneficial consequences, also altered the nature of citizenship, depriving it of some of its psychological value without diminishing its practical worth. Read Here – WorldAffairsJournal

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Shale To Not Pale Saudi Oil

the shale oil bonanza in the United States is actually a good thing for Riyadh. Over the last few decades, oil markets have experienced sharp price fluctuations, particularly with growing demand for oil in the emerging Asian economies. Read Here – Foreign Affairs

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