Courtesy: Gateway House
The global energy scenario has changed in every way – be it in demand, supply or energy type – in the last two decades. The only unchanged component has been the currency of energy trade: the U.S. Dollar. Lately, though, the Chinese Yuan has emerged as a challenger. Can the Indian Rupee be a third contender?
Courtesy: Foreign Affairs
The financialization of the global economy produced the worst financial crisis since the Great Depression. The new arrangements which came into effect due to globalization, came with risks that the hyperglobalists did not foresee, although economic theory could have predicted the downside to globalization just as well as it did the upside.
Courtesy: MEA/Flickr
The 2019 G20 Summit in Osaka on June 28-29, is the 14th meeting of the Group of 20 leaders. The G20 is the world’s most influential economic multilateral forum. It is the agenda-setting forum that develops and guides rules of global economic governance. Under the Japanese Presidency, this summit will be the first to discuss and establish the rules for the worldwide governance of data, including current hot-button issues like data localisation and data sovereignty. India has both a preparatory and a contributory role to play in the G20 this year. For in 2022, it will be the President of the G20. India must identify its agenda early on; its a weighty responsibility but also an opportunity to set the global economic agenda.
Courtesy: World Trade Organisation
The imminent expiration of the terms of some members of the WTO Appellate Body, with neither any signs of their extension nor appointments being made afresh, suggests that this crisis will intensify. An analysis of all that ails the WTO Appellate Body, and the implications this has for India and the multilateral trading system
Courtesy: Enterprenuer.com
The U.S. strategy to impose steep tariffs on Chinese goods shipped to the U.S. has been puzzling since the tariffs are likely to hurt a large number of American enterprises based in China
Courtesy: Foreign Affairs
Although China does not want to usurp the United States’ position as the leader of a global order, its actual aim is nearly as consequential. As one Chinese official put it, “Being a great power means you get to do what you want, and no one can say anything about it.” In other words, China is trying to displace, rather than replace, the United States.
Courtesy: MEA/Flickr
The following remarks were given by Ambassador Rajiv Bhatia, Distinguished Fellow, Foreign Policy Studies, Gateway House as Distinguished Guest Lecturer at IIM Tiruchirappalli on February 3, 2019
Courtesy: MEA Flickr
The imperative for India to move away from its non-aligned posture is now, especially if it wants to be consequential in the global reordering underway. This will play out in the contention between the U.S. on one side, and China and Russia on the other.
Courtesy: Sputnik News
Speakers at the seventh Atlantic Dialogues, held in Morocco earlier this month, discussed what the challenge to western dominance and China’s expansionism meant for their political and economic future
Academic and columnist M.D. Nalapat, in this interview with Manjeet Kripalani, speaks of how a tardy bureaucracy has brought about “a too-cautious” policy towards the U.S. and China as opposed to the former Gujarat chief minister’s greater openness in consulting people before handing over policy implementation to the bureaucracy. He also discusses the prime minister’s shrewd approach to South Asia, the dependable warmth of the Japanese and a range of other topics
