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
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.
The meeting of the two leaders had captured the attention of all – though the prism through which both countries attempted to weigh the expectations and outcomes were somewhat different.
The four-year-old TPP talks, now involving 12 nations, are aimed at establishing a free-trade bloc that would encompass 800 million people, about a third of world trade and nearly 40 per cent of the global economy