Cover with black border Courtesy: Gateway House
29 August 2019

Petro Dollar. Petro Yuan. Petro Rupee?

The global energy scenario has changed in every way – be it in demand, supply or energy type – in the last two decades. The only unchanged component has been the currency of energy trade: the U.S. Dollar. Lately, though, the Chinese Yuan has emerged as a challenger. Can the Indian Rupee be a third contender?

shutterstock_1330442825 Courtesy: Shutterstock
15 August 2019

Sequencing Governance and Economic Growth

The Narendra Modi government came to power in India in 2014, promising "minimum government, maximum governance". Its roll-out of numerous government schemes meant that democracy and governance came before economic growth. But it returned Modi to power.Analysing the current debate on growth and governance the author explores how the sequencing of governance and economic outcomes is different in China, Turkey and India

shutterstock_1042231621 Courtesy: Shutterstock
1 August 2019

A case for the petro rupee

India can catalyse trading in oil on its domestic exchanges, and thereby adjust global oil prices so they reflect the changing patterns of global trade. In the process, this can help Indian companies and government reduce the risks arising from high energy prices. And in the long run, it can give India a more central position in the global financial system

shutterstock_1042736410 Courtesy: Shutterstock
11 July 2019

Chandrayaan-2: presaging private participation

On 15 July, the Indian space programme will achieve a feat with the Chandrayaan-2 mission. Two challenges lie ahead: the speedy construction of Chandrayaan-3 and the development of a public-private ecosystem of space capabilities

Open Embrace Courtesy: Penguin
4 July 2019

Open Embrace: India-U.S. Ties in the Age of Modi and Trump

This book offers a ringside view of evolving Indo-U.S. ties under two conservative leaders, both engaged in mixing nationalism, religion and populism to advance the global capitalist order. The title points to an interesting departure from the more orthodox view of the bilateral relationship, which is usually from the prism of discord or estrangement

46118329451_16cf134eac_o Courtesy: MEA/Flickr
27 June 2019

Gateway House on the G20

The 2019 G20 Summit in Osaka on June 28-29, is the 14th meeting of the Group of 20 leaders. The G20 is the world’s most influential economic multilateral forum. It is the agenda-setting forum that develops and guides rules of global economic governance. Under the Japanese Presidency, this summit will be the first to discuss and establish the rules for the worldwide governance of data, including current hot-button issues like data localisation and data sovereignty. India has both a preparatory and a contributory role to play in the G20 this year. For in 2022, it will be the President of the G20. India must identify its agenda early on; its a weighty responsibility but also an opportunity to set the global economic agenda.

shutterstock_1043745040 Courtesy: Shutterstock
27 June 2019

An amplified India-Australia security

The U.S.-China trade dispute and Australia’s concerns about China’s growing influence in its internal affairs and the neighbourhood present an opportunity for New Delhi and Canberra to step up their security engagement, bilaterally, and in the Indo-Pacific

wto Courtesy: World Trade Organisation
20 June 2019

Crisis in the WTO Appellate Body

The imminent expiration of the terms of some members of the WTO Appellate Body, with neither any signs of their extension nor appointments being made afresh, suggests that this crisis will intensify. An analysis of all that ails the WTO Appellate Body, and the implications this has for India and the multilateral trading system