The coming months will see no end of obituaries written for the emerging world, and of the perils they face. There is nothing new about these prognostications, and they all miss the glaring realities of democratic transformation and its sometimes tumultuous consequences. They miss as well the degree to which hundreds of millions have seen […]
There’s a natural fit between the two putative partners: Japan’s technological prowess and wealth complements India’s size, and a New Delhi-Tokyo duet would stretch China’s power across two widely separated fronts (and more if the partnership can be complemented by the United States, Australia, Vietnam and Indonesia, something that Japan would like to see) while […]
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 […]
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 […]
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
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 […]
The poorest half of the world’s population—that’s 3.5 billion people—control as much wealth as the richest 85 individuals! Read Here – Businessweek
Last year, Pakistan experienced a wave of leadership transitions. The country welcomed a new government, president, Supreme Court chief justice, and army chief. Yet one of the most troubling changes occurred on the very last day of 2013, and with little fanfare. On December 31, according to Pakistani media reports, Lt. Gen. Khalid Kidwai logged his […]
India is too strategically powerful and too close a neighbour to play a partisan role in favouring any political party over another in Bangladesh Read Here – The Hindu
There seems little chance of any understanding between Bangladesh’s two main political forces emerging ahead of the scheduled January 5 elections. Read Here – The Hindu
looking beyond borders 