Courtesy: Shwkyn231/Flickr
The year 2012 has been a busy one for foreign policy: from escalating disputes in the South China Sea to alternate financial instruments from the emerging world. India’s foreign policy too has its shown strengths and weaknesses. We present our top foreign policy Hotspots, Sweet spots and Blind spots for 2012.
The series of Israeli offensives against Gaza, which began on November 4, ended when Egypt's new President Mohamed Morsi brokered a ceasefire between Hamas and the Israeli government on November 13. The possibility of this ceasefire holding up, however, seems remote.
Courtesy: Foreign Affairs
There’s been much talk about the “the rise of the rest,” with Brazil, Russia, India, and China leading the charge. However, few countries can sustain unusually fast growth for a decade, and even fewer, for more than that. As the boom years begin to end, the international order won’t change as much as expected.
Courtesy: Foreign Affairs
Jeffrey D. Sachs argues that the mono-causal analysis of the book, 'Why Nations Fail,’ – that economic development hinges on a country’s political institutions – ignores important factors (such as geography) that can also affect growth.
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: Secretary of Defense/Flickr
Ambassador Christopher Stevens, the U.S. envoy to Libya, was killed, following protests against a controvertial movie, titled 'Innocence of Muslims.' Is an anti-U.S. sentiment to be blamed for this violence? What consequences will this incident have on the U.S. policies towards Libya and Syria?
Courtesy: Gateway House
Gateway House prepared a Global Stability Map, using 20 differing indicators, to analyze the stability of 60 countries around the world. Using criteria that are important to the emerging economies of the world, the map provides an Indian perspective of the world today.
Courtesy: FreedomHouse2/Flickr
Simultaneous efforts to resolve the problem in Syria remain stymied even as more and more high level meetings and consultations take place. The more countries treat the situation as a proxy for political differences, the more it creates the conditions for a wider conflagration with an unpredictable outcome.
Though some countries like Russia gained a strong foothold in Central Asia and the Caucasus post-1991, India has been a late-comer. Gateway House interviews former Ambassador to Azerbaijan Debnath Shaw to discuss India’s energy interests in the region, the Shanghai Cooperation Organization and the TAPI pipeline.
Courtesy: Flickr/t3rmin4t0r
Banks around the globe would be wise to take a second look at what now could be the most significant agreement in international finance since the Euro: the BRICS currency swap. Though certain geopolitical risks are involved, could this free India from unpredictable currency fluctuations?
