At least in the Maldives, the Manmohan Singh government has sought to correct its botched analysis of the political situation. Across the rest of South Asia, Delhi has so clearly lost its nerve that it has failed to project the leadership that is expected of it. Worse, by taking the path of least resistance, the […]
Globalization has been changing U.S. foreign policy since the beginning of the American Republic. From our first diplomatic post in Tangier, Morocco founded in 1777, to the more than 285 diplomatic facilities around the world today operated by the U.S. Department of State, the business of diplomacy has evolved over time. The Diplomat
When the U.S. financial system crashed in 2008, market watchers were increasingly romancing the idea of a “decoupling” that would separate emerging-market fortunes from those of the subprime-hobbled U.S. Such economies as Brazil’s and China’s, the thinking went, had the demographics and national balance sheets to keep growing and wowing as America foundered. Never happened. Read […]
Since 2010, global financial circles have been obsessing about China’s slowing economy. But, while the country barely met the official target of 7.5% annual GDP growth in the second quarter of this year – generating significant anxiety worldwide – China’s government seemingly remains calm, showing no indication that it plans to launch yet another stimulus […]
We live in a world where no single country or group of countries can provide dominant, sustainable global leadership—G-Zero, as I call it—and that’s in large part because so many countries lack solid leadership at home, writes Ian Bremmer. Read Here – Reuters
When Dhaka’s street battles began to intensify earlier this year, the ambulances started to pour out onto the streets. Going to pick up the dead and injured? In many cases, no. Instead, they were often used to shuttle expats, businessmen and rich kids to airports, offices and garment factories. Read Here – The Diplomat
No matter how many promises the US has made to India, it is hard to change India’s strategy of being independent and remaining non-aligned. On the base of shared democratic values, the “natural alliance” between the US and India needs time to reach its full potential. Read Here – Global Times
Between 1978, the year Deng Xiaoping’s sweeping economic reforms were launched, and 2011, China’s GDP increased by an average of 10 percent annually, three times that of the global economy. Now the boom times may be over. Read Here – National Interest
There is a new German question. It is this: Can Europe’s most powerful country lead the way in building both a sustainable, internationally competitive eurozone and a strong, internationally credible European Union? Germany’s difficulties in responding convincingly to this challenge are partly the result of earlier German questions and the solutions found to them. Read […]
Congratulations to India for appointing Raghuram Rajan as the new governor of its central bank. It would be hard to think of anybody better qualified — not even Janet Yellen. But condolences to India for the news that monetary and financial policies aren’t the main obstacles to its prosperity. The economy needs better management, all right, but not […]
looking beyond borders 