Capitalism Under Fire

It’s five years since the collapse of Lehman Brothers, on 15 September 2008. Since then, the legitimacy of capitalism as a way of organising society has been undermined; its promises of prosperity, social mobility and democracy have lost credibility. But there has been no radical change. The system has repeatedly come under fire, but it has […]

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India’s Proverbial Frog In The Pot

Banking reforms alone, however, aren’t going to bring foreign investors back or prevent the rupee from falling further. This is (Raghuram)  Rajan’s real challenge: He is stepping into a stew of financial chaos, missed opportunities and political paralysis that has been simmering for years. It’s no longer inconceivable that India could become the first of […]

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Mirror Images?

India and China are neighbors with vexed relations. The most that can be said about them is that they share almost equal measures of mutual incomprehension. Read Here – The Diplomat

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Nawaz Sharif And His Baggage

If Sharif has learned any lesson from his previous two stints as prime minister, it should be that his chances for serving a full five-year term in office will depend on his establishing a modus vivendi with Pakistan’s powerful military establishment. His prospects for establishing civilian control over the military and intelligence agencies, however desirable […]

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Looking North

In May this year, Japan, China, India, South Korea, Singapore and Italy were admitted as permanent observers to the Arctic Council—a forum bringing together the eight Arctic member states (United States, Canada, Norway, Denmark (via Greenland), Russia, Sweden, Finland and Iceland), indigenous Arctic populations, and other interested parties to discuss a range of issues posed in this […]

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In Afghanistan, India Needs To Look Beyond Karzai

India‘s emphasis on the Karzai government, while principally sound, is problematic on the ground. While remaining dedicated to the strengthening of the central government of Afghanistan, India must constructively engage political groups outside the government. This will be key to safeguarding its material and strategic interests in Afghanistan, regardless of how things unravel post 2014. […]

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The Coming African Oil Spill

Over the next decade, a massive wave of new oil and gas discoveries will transform Africa. If the resource curse plays out as it usually does, this oil boom will only serve to entrench authoritarian rule and inhibit democracy. Unless, that is, African governments embrace a radical approach: handing a large share of the new […]

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