Courtesy: Newscom.com
The reelection of President Dilma Rousseff means continuation of the slow growth of the Brazilian economy and a lower likelihood of much-needed, major political and economic reforms. India should lower its expectations on a global partnership with Brazil
Courtesy: IANS/PIB
For long the Indian administration has separated the domains of strategic diplomacy and trade facilitation. However, the new government is actively working to bring the two under one umbrella knowing well that ‘economic diplomacy’ is crucial to regaining India’s growth story
Courtesy: Carnegie Endowment for International Peace
'Getting India back on track: An Action Agenda for Reform' prescribes the revival of India’s economic growth as the number one priority for the new government
Courtesy: Food Corporation of India
India's refusal to budge on food security has resulted in the World Trade Organization’s failure to reach the first multilateral trade agreement in the last two decades. Having taken a tough stand can India take the lead, among developing countries, in reframing the power equations of globalisation?
Courtesy: Rigues/Flickr
Recent developments at the WTO's two-day General Council Meeting that started on July 24 suggest that India will agree to sign the trade facilitation agreement only if the deal comes bundled with a permanent solution that will allow unhindered roll-out of welfare schemes such as the food security programme.
Courtesy: MEA
Economic security needs to be defined holistically through an open and democratic discourse. A plurality of perspectives on what constitutes development is essential to democracy across the world. Grass roots protests are driven by a longing for a truly inclusive and fair model of growth.
Courtesy: Wikimedia\Commons
The allegations that certain foreign-funded NGOs are hurting national economic security are not new. However, the Intelligence Bureau’s claim that they have held back India’s GNP growth has been challenged. There is now a need for economic security to be defined holistically through open and democratic discourse
Courtesy:
Sarvodaya is market economics, with a soul. There are different means towards achieving this end, but the evangelists need to come up common mantra and thwart vested interests from benefiting a few
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With a decisive mandate for economic deliverance the new government will have to rapidly do more than just provide inclusive growth. It will have to foster a market culture that makes economic democracy possible
Courtesy: Dhiraj Singh/getty
The RBI’s two-pronged strategy to protect the economy from tapering-led volatility discourages unproductive external borrowings and prods foreign portfolio debt investors to think long-term. There's another vexed issue: the IMF has sounded a cautionary note on the rising number of foreign currency debt laden Indian firms