Courtesy: Gateway House
Prime Minister Narendra Modi's announcement on November 8 to demonetise notes of the denomination of Rs 500 and Rs 1000 has a precedent. This infographic traces some interesting demonetisation initiatives around the world. From discontinuation of high denomination notes due to lack of circulation, to the use of beer and water as 'real assets' in place of hyper-inflated currency.
Courtesy: Business Insider
The message from Brexit is simple: the post-second world war financial, trade and industrial order and security arrangements that developed around Bretton Woods, have passed their expiry date. This is the time for countries, regional unions and global institutions to reform themselves – putting people instead of regulations and strategic objectives at the centre of their decision-making.
Courtesy: Narendramodi.in
Narendra Modi’s landslide victory in India's 2014 general elections, despite his hardline nationalist image, was viewed as a localised phenomenon. But two years later, voters across the world from Europe to Philippines seem to be tilting towards leaders with the same nationalist tag.
Courtesy: Wikipedia
While the closing of borders to refugees in Europe and West Asia could be interpreted as proof that national borders are more important now than ever, the sheer numbers of refugees make strengthening borders a severely inadequate solution.
Courtesy: Jürgen / Flickr
In Germany in June 2015, G7 countries made major commitments towards decarbonisation and reduction in greenhouse gases, which will lead to binding decisions at the COP-21 conference in Paris in December. Germany pushed for these outcomes, and as one of the most energy efficient countries in the world its technology and expertise can help India’s targets of alternative energy and sustainable industry.
Courtesy: wikimedia
Rajni Bakshi, Senior Gandhi Peace Fellow, was recently at Leipzig in Germany to attend the 4th International Conference on Degrowth. She writes about why Leipzig is reassuring for more than its economic growth
Courtesy: Random House
In 'The War that ended Peace: The Road to 1914', Margaret Macmillan delves into the decades leading up to 1914, as she explores why Europe abandoned years of peace to plunge into World War I
Courtesy: remy steinegger / Flickr
German President Joachim Gauck’s visit to India this week is a reminder of how Germany is addressing inequality, with better wages, benefits for the poorest, and other measures. When the gap between the rich and poor is growing globally, it is time for India’s prime ministerial aspirants to also focus on this issue
Courtesy: Delhiiterock/WikimediaCommons
The debut of the Aam Aadmi Party must not cloud the reality that even after a movement transitions into a party, it still has to play the game of hard politics. Anti-party parties such as the AAP make coalition-building more difficult, as was recently evident in Germany and Italy, and is now the scenario in Delhi
Courtesy: www.GlynLowe.com/Flickr
It may take Chancellor Angela Merkel weeks to negotiate a new coalition, but the vote for stability means that change will only be at the margins of current domestic and foreign policy. Still, the fallout of the election in the EU and beyond, including in India, should not be underestimated