The Global Trade System Could Break Down

Because the World Trade Organization tends to operate beneath the surface of the global rules-based trading system, it is easy for people to forget the indispensable role that it plays. But now that the Trump administration is waging a quiet war on the institution, the international community must stop taking it for granted. Read Here […]

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How India Will React To The Rise Of China: The Soft-Balancing Strategy Reconsidered

It may well be possible to manage the China-India rivalry, but with each passing year, India’s challenges vis-a-vis China are becoming more intractable. Until recently, the rivalry centered on the territorial conflict over the un-demarcated Himalayan border….Beyond the territorial dispute, today the rivalry encompasses competition over water sharing (especially due to China’s efforts to dam […]

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How the Tariff War Could Turn Into The Next Lehman

Ten years ago this week, Lehman Brothers filed for bankruptcy, and the world suddenly changed. That date, Sept. 15, 2008, was hardly the starting point of the Depression-sized financial crisis that would soon threaten to sink the entire world economy; it had begun more than a year earlier. But most scholars agree Lehman’s failure marked […]

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The US-China Cold War Is Now Playing Out In Pakistan

Are America and Pakistan finally breaking up? The short answer is no. As much as both states are fed up with each other, they remain far too co-dependent to simply walk away.  What we are seeing instead is a tough and protracted re-negotiation over the terms of the relationship. The question of Pakistan’s role in Afghanistan is not necessarily […]

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‘Made in China 2025’: Is Beijing’s Plan For Hi-Tech Dominance As Big A Threat As The West Thinks It Is?

For China, the original idea behind MIC2025 was simply to catch up with other countries, a tall order even by its own admission. Look no further than the new-generation information technology sector, one of the plan’s 10 target industries. After more than two decades and billions of dollars spent, China has yet to commercialise a […]

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