Rachit Ranjan argues that it would behoove the Bretton-Woods institutions and developed countries to consider how they can become a part of the BRICS led change in the global financial regime, in order to minimize the shocks on their respective economic clout
Rachit Ranjan assesses the effect of mega-regional trade deals on India in light of the recently leaked chapters of Trade in Services Agreement.
Jasbir Rakhra argues that Sino-Indian relationships are entering an era of competition re maritime assertion of power and highlights the dynamics of the two nations’ ideology in a “Cold Peace” scenario.
China and India, apart from being some of the fastest growing global economies, far outshining European counterparts, also have high economic complementarities. These regional realities have taken over the border tiffs as both countries usher an era of economic partnership.
Policy-makers in the BRICS nations face numerous challenges to maneuver through several headwinds. slow growth and high inflation in Brazil, Russia, India and South Africa and a potential new round of Fed-related Emerging Markets selloffs is a threat to financial stability.
Mr. Modi has to convince the world’s investors that he means to restart India’s efforts at becoming an emerged marketplace, despite inevitable setbacks. If he achieves this, his next visit to Washington will be very different.