India

  • India hopes it is less affected by the global growth slowdown than China.

    Rebalancing China and India's Economies

    When the global financial crisis swept across the world in 2008, it was widely hoped that the external demand shock would affect India as badly as China.  After all, exports of goods and services accounted for about 40 percent of Chinese GDP, and domestic consumption for around 50 percent, while India consumed over two thirds of its GDP and exported only around 20 percent. As things turned out, while both economies initially had a relatively soft landing, Indian growth has dipped far more sharply than that of China.

    Why?

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  • Pakistan would probably appreciate India re-doing its nuclear policy.

    India's Thorny Nuclear Policy

    India’s Pakistan dilemma continues, as Pakistani Defence Minister Khawaja Asif warned that they reserve the option of using nuclear weapons. The statement was made a week before Prime Minister Narendra Modi’s meeting with Pakistani Prime Minister Nawaz Sharif in July 2015 on the sidelines of the Shanghai Co-operation Organization summit at Ufa, Russia. But the meeting did little to abate either ceasefire violations along the borders or terrorism.

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  • Progress on equality in Indian government has been agonizingly slow.

    Recent Inroads for Women in India's Parliament

    The parliament of a representative democracy is essentially a mirror of the democracy’s society. Naturally, societies still entrenched in patriarchal constructs have male-dominated legislatures. While there is still a global underrepresentation by women in decision-making roles, the Indian Parliament in particular continues to rank among the lowest in the world in women’s representation.

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  • India's Modi needs to channel his ambition for his country.

    Modi has the Ambition, but the Indian People Need More

    There are some uncanny similarities between Narendra Modi and Barack Obama. Both have risen from humble beginnings, both are charismatic public speakers and consummate communicators on social media, both were relative outsiders to the capitals where they now hold the most powerful office, and neither is dependent on their political party for their electoral success. Each has also shown an exceptional ability to mobilise financial resources and human talent to their cause.

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  • India will need to step up its productivity gains to become a world leader.

    India as a Leading World Power: Dream Versus Reality

    There appears to be growing euphoria that it is India’s ‘manifest destiny’ to overtake China and become the fastest growing major economy and a major world power. But unless India successfully introduces productivity reforms and opens its markets, this ‘destiny’ will remain a pipe dream.

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  • Public perception of nepotism is damaging India PM Modi's style.

    Cries of Nepotism are Undermining India PM Modi's Leadership

    Indian Prime Minister Narendra Modi is in trouble. He and the Bharatiya Janata Party (BJP) romped to power in 2014 on an anti-graft and pro-governance platform. Today, thanks to what is being popularly dubbed as ‘Lalitgate’, both Modi and his party are seen as condoning nepotism.

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  • Jobs, jobs, jobs as India's priority over GDP Growth.

    Credible Labor Market Data Should be a Top Priority for India

    Extensive commentary on the latest Indian GDP growth numbers has been unable to clear prevailing confusion on whether the economy is in its recovery phase or not. It would be more useful to focus on the data that the ordinary Indian cares about: jobs growth and employment. Yet, unfortunately, employment still does not seem to figure as a priority for Indian policymakers. This lack of attention to employment in a country that boasts the youngest population in the world is simply incomprehensible.

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  • India's Modi can take a prominent role in South Asia's economic future.

    India's Future Rests with Modi's Leadership

    India’s domestic and international economic choices have not always been the wisest.

    At independence, India was determined to transcend the distorted pattern of economic integration with the world that two centuries of exploitative colonialism had engendered. However, in the process, it ended up effectively locking itself out of global trade and investment flows altogether—just at the time when advanced countries were tearing down their mercantilist tariff walls to make way for the liberal, post-war trading order.

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  • India's Modi has enormous optimism, but what else will he need?

    Overcoming Challenges to Achieve Modi's Optimism

    A visionary new leader, Narendra Modi, has recently come to power in India. He seeks to realise India’s huge growth potential and make it a major global player. This has generated enormous optimism nationally, and internationally, about an Indian resurgence. What challenges must India overcome to achieve this?

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  • Modi's efforts to boost India's peripheral states have been very quiet.

    India's Peripheral States Still Suffer Democracy and Development Deficits

    Indian Prime Minister Narendra Modi’s election promises included setting up ‘an institute of big data and analytics’ to promote ‘predictive science’. However, no one is hearing very much on the statistical front since the elections. Despite his party’s enthusiasm for real-time data and big data during the campaign, there are no easy solutions to the lack of good quality data for Indian policymaking.

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