The New Delhi Consensus

One of the more remarkable (though largely unremarked) developments in recent Indian politics has been the startling shift in the country’s discourse about capitalism. As in many developing countries, “self-reliance” and economic self-sufficiency were India’s national mantras after independence – and, in India’s case, remained so for more than four decades. Whereas most Westerners axiomatically […]

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Can the BRICS Have Their Own World Bank?

The five countries known as the BRICS have 43 percent of the world’s population, $4.4 trillion in currency reserves, and generally healthier economic growth than Europe and the U.S. Yet to their frustration, Americans and Europeans still dominate policymaking at the World Bank and the International Monetary Fund. Should the five—Brazil, Russia, India, China, and […]

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Chinese Trade With Africa Keeps Growing

Chinese are coming to Africa in ever greater numbers and finding it a comfortable place to visit, work in and trade. An estimated 1m are now resident in Africa, up from a few thousand a decade ago, and more keep arriving. Chinese are the fourth-most-numerous visitors to South Africa. Among them will be China’s new […]

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The Return Of The Great Game

As the U.S. and coalition forces prepare to withdraw their troops from Afghanistan, with all combat forces out by the end of 2014, the governments of Central Asia are bracing for a possible spillover of instability from their south. Ostensibly to help Central Asian countries protect themselves against the Islamist radicals that may gain strength in […]

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India And America, Batting Together In Asia

On a table in the office of a senior Indian diplomat sits an unusual piece of memorabilia: a baseball bat. It is signed not by members of the official’s favourite baseball team, but by the U.S. officials who participated in the inaugural session of the now well-established consultations between India and the United States on […]

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India’s Five Thoughts on China

There is something about the number five in Sino-Indian relations. Asia’s two giants have long defined their relationship in terms of the famous Pancha Sheela: mutual respect for each other’s territorial integrity and sovereignty; mutual non-aggression; mutual non-interference in each other’s internal affairs; equality and mutual benefit; and peaceful co-existence. Read Here – Project Syndicate

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India and China: New Chapter, Old Challenges

President Xi Jinping is expected to hold his first meeting as China’s new leader with Prime Minister Manmohan Singh this week, along the sidelines of the March 26 BRICS Summit in South Africa. The talks — they are expected to be a brief event according to officials in Beijing, who cited the limitations of Mr. […]

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