financial-chart-backgrounds-wallpapers Courtesy: Northernminer
14 February 2017

Global taxation and the perversion of capital flows

In the wake of trade-based globalisation followed by financial globalisation, a large volume of capital began moving from developing to advanced countries. This has resulted in relatively poor developing countries effectively becoming net creditors to the rest of the world. Reversing this massive outflow of capital requires governments to strengthen governance in all its dimensions and have closer international collaboration to tighten the regulatory oversight of tax havens for greater transparency

RBI Courtesy: India.com
14 February 2017

Retreat of globalisation: central banks in the crosshairs

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

Donald_Trump_swearing_in_ceremony Courtesy: Wikipedia
9 February 2017

The West and the rest: resetting the order

There is a stark divergence between how the West views the world and how those outside it do. It is possible to oversimplify the equation, to portray the West as cynically self-interested. The West and countries like India need to reach a shared understanding of how the liberal international order can be reformed so it may be salvaged

Reversal of Globalisation2 Courtesy: Systemic Alternatives
8 February 2017

Is globalisation in reverse?

The contours of globalisation are being reshaped. The Brexit vote and the election of Donald Trump mark a strong anti-globalisation sentiment even as leaders in China, India and Russia successfully marry nationalist rhetoric with a cleverly crafted overseas strategy, premised on the very tenets of globalisation. There seems to be a ‘pause’ in the unbalanced progress of globalisation of the last three decades—and this could have many positive outcomes

china-map-of-obor-1 Courtesy: The Wire
6 February 2017

OBOR: in search of private financing

China has launched the One Belt, One Road (OBOR) Initiative in an attempt to rebuild the ancient Silk Road with proposed land and sea routes to promote infrastructure, trade, and investment in the regions that it will thus connect. The challenge will be to attract private financing to support the official and multilateral ones

Rohingya Courtesy: Wikimedia Commons
6 February 2017

Minority report: a bleak road ahead?

Even nearly 70 years after independence, the people of Myanmar are struggling to complete nation-building and resolve the Rohingya issue. Is the million-strong community an ethnic group native to Myanmar or is it of South Asian origin, and, therefore, a part of Bangladesh? Evading the issue may not hasten national reconciliation

28455374735_17cf79553a_b Courtesy: Flickr
31 January 2017

Saudi prince: not quite a game changer?

Prince Salman’s accession to the throne after the death of Saudi King Abdullah on 23 January 2015 has been a game changer, both domestically and in West Asian politics. Within days, he sidelined rivals within the House of Saud, and took on Iran with a confrontational policy. But two years later, the results of his new strategy disappoint

uae prince india Courtesy: MEA/Flickr
25 January 2017

India-UAE: time to foster mutual interests

The West Asian monarchies are being forced to ‘look East’ due to a range of factors: the rise of the Islamic State, their need to boost falling oil revenues and doubts about the United States continuing to remain a guarantor of regional stability. Quite coterminously, India is looking towards the Gulf for energy security besides fulfilling other geostrategic goals: this is an ‘East’ and ‘West’ where the ‘twain will meet

31668713074_d6ee271be8_k Courtesy: MEA flickr
25 January 2017

Revisiting India’s ‘Link West’ policy

The choice of the Crown Prince of the United Arab Emirates (UAE) to be the chief guest at India’s 2017 Republic Day celebrations is an indication of the enhanced attention that the Indian government is according the Gulf countries. Many trade interests ally India to the UAE, but a deeper engagement is called for even as instability grows in the region