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Subsequent to the global financial crises of 2007, while several countries were still struggling with economic problems, Latvia managed to dramatically decrease its public debt, and its GDP too grew at an impressive pace. How was this success achieved and at what cost to the people of the country?
Courtesy: The White House
During his visit to Israel, U.S. President Barack Obama spoke in favour of both the Israelis’ right to security and the Palestinians’ right to sovereignty. The issue of settlements, however, remains unresolved and it is unlikely that Israel will make concessions when its neighbours are in turmoil.
In 1990, the erstwhile South Commission recommended the creation of a 'South Bank' to aid the economic emancipation of the global South. Can the BRICS bank, which was discussed in length at the 5th BRICS Summit, provide a solution to the problems of the crisis-ridden African continent? Devaki Jain blogs
Courtesy: Ministry Of External Affairs, India
Indian foreign policy has not yet addressed the ramifications of Chinese economic dominance in BRICS. Nor have we matched China’s engagement within the group to ensure that the BRICS vision of a new international order for emerging economies actually works in their favour.
Courtesy: Ministry Of External Affairs, India
As a neighbour, India has legitimate interests in Myanmar, especially for peace and progress in its North East. More recently though, the Myanmarese are looking to imbibe democratic values from India, learn about regulations, banking systems, commodities exchanges, media councils, software and telecom skills
Courtesy: Arian Zwegers/flickr
Although China’s one child policy has managed its population over the past three decades, it has reduced the number of available Chinese workers. Will China’s declining workforce enable India’s rise as a manufacturing hub?
Courtesy: Asia Briefing
As China’s working population ages and becomes more expensive, locations such as Vietnam and India become competitive manufacturing alternatives for export driven businesses. What are the various factors to be considered by foreign investors while investing in India and Vietnam?
Courtesy: Government/ZA/Flickr
At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains
With India backing the United Nations resolution against Sri Lanka, New Delhi-Colombo relations appear to be in a tense phase. Gateway House interviews Prasad Kariyawasam, the High Commissioner of Sri Lanka to India, to discuss the implications of the UNHRC vote and the future of India-Sri Lanka relations.
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Bilateral relations between India and Italy grew increasingly tense following Italy’s refusal to return two of their Marines – who are accused of killing two Indian fishermen. Given how both countries otherwise enjoy warm relations, how should New Delhi address this diplomatic debacle?
