China’s global proxy game
Afghanistan has become the first significant theatre of effective confrontation between the West and China. But with its deep-rooted economic ties, could the U.S. and NATO actually confront China?
Afghanistan has become the first significant theatre of effective confrontation between the West and China. But with its deep-rooted economic ties, could the U.S. and NATO actually confront China?
The year 2011 saw various events - the Arab Spring, anti- corruption protests, Europe's sovereign debt crisis - transform countries and reshape the world order. Gateway House takes a look at what these events mean for India, and presents India's top foreign policy cheers and jeers for the year.
Amidst myriad country groupings that already exist – BRICS, IBSA, APEC, SCO and many others – a new initiative in the Pacific is looking to integrate more powerful countries to form a multilateral free trade agreement – the Trans Pacific Partnership. How important is this towards the reshaping of trade and power?
With increasing debt and recession in the West, it seems no longer fitting for the rest of the world to follow traditional Western financial models. India’s long experience of capital markets, with its conservative and ‘inclusive’ financial regulatory system, on the other hand, makes for a compelling case study.
Is China poised to take over from the United States as the world’s leading economy? Yes, judging by its GDP, trade flows, and ability to act as a creditor to the rest of the world. In fact, China’s economic dominance will be far greater and come about far sooner than most observers realize.
A decade after 9/11, the U.S. has prevented further terrorist attacks - a major achievement. But with a $1.3 trillion budget deficit, a debt downgrade, and 24 million Americans searching for jobs, the U.S. needs to attend to matters at home rather than intervening in the world's affairs.
On May 1998, as India declared itself as a nuclear weapons state, it also committed its nuclear program to the No First Use of nuclear weapons policy. Consequently, the policy has been viewed as a democratic option, but what does this say about India?
Despite their economic downturns, domestic tensions keep developed countries from embracing the revitalizing potential of foreign workers. Ambassador Neelam Deo argues that India should continue to leverage its history of diversity and capitalize on a world more open to the free flow of goods and services.
As Europe stands united in its support for France's Finance Minister Christine Lagarde as a candidate to head the International Monetary Fund, many have begun to question if BRICS is truly an effective and united bloc. Will they be able to put forth a candidate all emerging countries can support?
With the post for the head of the International Monetary Fund up for grabs, the emerging market countries are yet to unite and provide a suitable candidate who receives formidable support for his or her candidature. China, however, may boldly question the status quo and step ahead.