Courtesy: The Telegraph
President Trump’s “America First” rhetoric has eroded support for the commitments that leaders made at previous G20 summits regarding trade: rejecting protectionism and strengthening the multilateral trading system. What implications does this have for global trade? Will the more moderate voices in the administration get heard?
Courtesy: India.com
Central banks play a critical role in forging the country’s international economic relations. Now, with the rule-based order being reset and new regimes getting established, they are better positioned to influence the playing field. It is, therefore, critical to strengthen the Reserve Bank of India so it can drive an agenda closer to the interests of emerging countries. This will also be a test of India’s future leadership capabilities
Courtesy: Gateway House
In his interview, Dr. Peter Wolff discusses the pillars and objectives of Germany's Marshall Plan for Africa and the need to integrate it into the global value chain. In the sphere of renewable energy, he argues that the most effective way of establishing a solid renewable sector is through market based strategies rather than government based ones. Although in some industries public private partnerships are the best measure, in others a more corporate lead approach is better.
Courtesy: Gateway House
In this interview Anastasia Likhacheva discusses the impact and a few of the positive externalities of the oil price drop, sanctions and counter sanctions on the Russian economy. Despite Trump’s obvious warmth towards Russia, she doesn’t foresee any major agreements signed between the two countries due to the roadblocks that can be placed by the U.S. Congress and the U.S. Senate. She further describes the role she sees Russia undertaking in Asian financial institutions like the NDB and the AIIB in the future.
Courtesy: Wikimedia Commons
The first ever summit of the Indian Ocean Rim Association, to be held in Indonesia in March 2017, will cast light on how India and other like-minded nations can develop oceanic resources sustainably. This event offers scope for India to mould outcomes
Courtesy: Armstrong Economics
The global monetary and financial system is lopsided and designed to favour rich countries; an alternative economic and political doctrine, which takes into account the needs of emerging economies like India, must now be articulated to end this one-sided architecture
Courtesy: Wikipedia
The Indian oil industry is changing. The recent bidding for Discovered Small Fields saw the emergence of small, independent oil explorers in a country that has been dominated by state-owned companies and only a few private sector firms
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: Getty Images
Global growth has become weaker than expected. Did the G20 at the Hangzhou Summit in September focus on reversing this trend and help build consensus in this direction?
Courtesy: AP
The IMF warned at the G20 Summit, held last week-end, that the world economy was growing “too slow for too long” and the G20, as a group, needed to provide some clear answers. What did the Chinese G20 presidency achieve? And what will Germany have to look at in 2017?