Courtesy: CNBC-TV18
The World Bank has published a reform roadmap for multilateral development banks. It touches upon operational change, but in a limited way. The roadmap remains largely silent on how a 21st century World Bank can better address some of the long-standing frustrations that borrowers express about working with it and other such development banks.
Courtesy: BIMSTEC
BIMSTEC is of special importance to India as it is a crucial link between the Neighbourhood First and Act East policies. This almost 25 year old multilateral can contribute to the Indo-Pacific region by addressing challenges in strategic areas of regional connectivity, security cooperation, free trade, and geoeconomic ties with external partners.
Courtesy: Press Information Bureau
As the Asian Development Bank – the region’s leading international financial institution – prepares to convene for its annual meeting in Astana, Kazakhstan, it needs to reassess its approach to address the reality beyond the glowing headlines of a region on the rise
Courtesy: Ministry of External Affairs, India
Many parts of Asia lack adequate infrastructure and skilled human resources, but have potential for rapid growth. Sanjeev Sinha blogs about how Japan and India can collaborate to develop a model – where Tokyo pools in technology and capital, and India manages human resources – to generate growth in Asia.
Courtesy: Zimbio
The Chinese people might not share their government’s bellicosity towards India. The authoritarian leadership in Beijing may be out of step with domestic opinion when it beats the India drum.