Courtesy: MEAIndia/Flickr
The steps taken by the Indian government to enable private sector involvement in ASEAN have been hesitant. After the recent ASEAN summit in New Delhi, it is time for greater coordination of Indian private industry with government-to-government interaction, which will benefit all members, including India.
The Chinese have learned from Russia’s past mistakes at reforming state-owned enterprises (SOE), and some well-connected politicians have reaped the economic benefits that followed. Will the new administration in Beijing reform China’s SOEs or maintain the large role of government in industry?
Courtesy: WikimediaCommons
The electoral races in the US reflect the split down the middle in political affiliations of the people. Yet, no major change is expected. This election is about whether the wealthy in the United States can be asked to pay taxes at the same if not slightly higher rates as the middle class.
Courtesy: trendscout::/Flickr
All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
Courtesy: gandhiserve.org
Gandhi’s little-known work on what it means to be truly civilized may be crucial to the future of our species. There seems to be an absence of a moral framework that serves as the basis of our pursuit of wealth & pleasure. Can such a framework guide us through contemporary economic and identity-related conflicts?
Courtesy: Alex E. Proimos/Flickr
Front running is a form of insider trading, where investment banks use customers' trading information to trade for themselves, ahead of their clients. This practise results in huge losses to the investors, and abates trust in financial markets. How can the Volcker Rule contain this practice on a global scale?
Courtesy: PMO
India seems to be treading down the path of fruitless populism that crippled many countries in the past, most notably in Latin America. But like Latin America, India too can embark on a course-correction by implementing pragmatic economic policies alongside progressive but results-driven social spending.
Courtesy: Gateway House
Is India's growing external debt a cause for concern? Are India's public sector banks too big to fail? Gateway House interviews former Whole Time Member of SEBI, Prashant Saran, to discuss the health of India's financial sector.
Courtesy: Fletcher6/WikimediaCommons
As the revelations pile up after the LIBOR rigging incident, it seems Europe and Britain are more committed to enforcement action than America. Real conservatives believe fully in market capitalism, that prices must come from uncorrupted market signals. Could this start a sea-change for enforcement globally?
Courtesy: rahims/Flickr
China is quick in providing loans to execute domestic and international business plans, and returns are often forgone in the quest to own market share. Faced with an economic slowdown, will Beijing be able to sustain such unconventional economic policies? Or will its banking sector prove to be its Achilles' heel?