In an attempt to build India’s industrial base nationwide, (Prime Minister Narendra) Modi is pushing the Make in India campaign, designed to attract foreign investment by highlighting the ongoing changes. How does the effort all stack up agains China? Read Here – Businessweek
Businessweek takes a look at what to expect next year
The global economy is like a jetliner that needs all of its engines operational to take off and steer clear of clouds and storms. Unfortunately, only one of its four engines is functioning properly: the Anglosphere (the United States and its close cousin, the United Kingdom). Read Here – Project Syndicate
Often overlooked in the tumult of Washington’s foreign policy debates is the remarkable consistency of U.S. foreign and trade policies over time. This is due to one immutable factor: American national interests. When U.S. policy moves away from our national interest, not only does it cease to serve its primary purpose, but it becomes unstable […]
Expectations that India’s prime minister would revolutionize a troubled economy overnight were wildly overblown. But three months on, even some Modi skeptics may be wondering if they have been too easy on the great modernizer from Gujarat. Since taking office, Modi has scuttled a global trade deal, sidestepped much-needed subsidy cuts, and refrained from letting […]
There’s good news and bad in China’s loss of traction. The good: It will compel President Xi Jinping to end China’s addiction to easy credit and local-government debt, a recipe that’s now causing more bubbles than growth. The bad: Global markets may not be ready for the ugly data about to emanate from an economy […]
It’s true that economic growth through industrialization altered the social structure of societies and created demand for political representation. But it’s now clear that the process has also led to the opposite of liberal democracy. Read Here – Bloomberg
Brent crude was projected by Wall Street analysts to average as much as $116 a barrel by the end of the year. Now, with violence escalating in Iraq, how far the price will rise has become anyone’s guess. Read Here – Bloomberg
The United States is addicted to oil and China’s got a serious coal problem, Simran Khosla writes in Global Post. Read Here
China’s new leaders, including President Xi Jinping, haven’t embraced environmental protection by choice. They’ve been compelled by a new political reality: an informed Chinese public. Read Here – Businessweek
looking beyond borders 