Courtesy: Ministry of External Affairs/GoI
The style and substance of the foreign policies of Narendra Modi’s six-month-old government have been remarkably different from those of his predecessors. Gateway House examines the changes in India’s equations with three critical countries—the US, China and Pakistan—and outlines a foreign policy forecast for 2015
Courtesy: Make in India & Wikimedia commons
From the Indian perspective, how China manages the readjustment of its economy and how secure South Asia remains, will be two major determinants that will influence world affairs in 2015. Gateway House has developed four scenarios to explain the outcomes that will ensue, starting 2015, when these two determinants intersect.
Courtesy: UN Climate Conference
With the weaker-than-expected agreement at the recent Climate Change Conference at Lima, there is an urgent need to replicate innovative green endeavours in civil society and business for a sustainable global economy with grassroots empowerment
Courtesy: Andy Wong/AP/wired.com
The U.S.-China deal on climate change and clean energy is too little too late. Instead of radical transformation, it is business-as-usual, setting a sub-standard benchmark for others to follow. Will the Indian government play within this framework, or challenge it?
Courtesy: wikimedia
Globally, metropolitan cities are becoming powerful centres that sustain entire countries. In the case of Mumbai, the government can work backwards by stitching the infrastructure and governance together. The tried-and-tested technique is to host an international institution or event. Gateway House argues that Mumbai is most appropriate to be home to the headquarters of BRICS
Courtesy: MEA/Government of India
Looking back at the 2008 financial crisis, when governments had to resort to bail-outs to keep economies afloat, the BRICS member countries have decided to set up a New Development Bank which will provide for a contingency fund. This initiative aims at building an alternate financial structure in terms of trade among the member states as well as creating a safety net
Courtesy: MEA/Government of India
The launch of the BRICS bank can now give the member countries confidence to experiment with other geoeconomic ambitions. Incubating a non-dollar financial architecture can be the next goal. There are existing models to build upon but India will need smart economic diplomacy to secure its interests
Courtesy: Random House
‘Asia’s Cauldron: The South China Sea and the End of a Stable Pacific’ is a pragmatic narrative by Robert D. Kaplan of the receding power of the U.S. and China’s growing dominance
Courtesy: Gateway House
Prime Minister Narendra Modi’s visit to Brazil for the BRICS summit is an opportunity for India to intensify its engagement with South America and reactivate the long-dormant IBSA (India, Brazil and South Africa) grouping. This grouping is a promising partnership comprising of different models of democracies spread over three continents
Courtesy: idevie.com
The New Development Bank was formalised at the just concluded meeting of the leaders of the BRICS nations in Fortaleza in Brazil this week. The location is to be Shanghai. The more appropriate and natural choice for locating the bank would have been Mumbai. There are several reasons why