Japan’s Pivot to India

India’s newly elected prime minister, Narendra Modi, made his first geostrategic move in Asia’s complex new dynamics this week, and together with Prime Minister Abe, catapulted the Japan-India relationship into a “special strategic and global partnership.”  Two goals focused their attention: bolstering their national economies and contending with China’s growing influence. While their ambitions for their partnership may […]

BRICS Bank Will Not Solve Members’ Energy Issues

By Chris Dalby: From changing the nature of global politics to being a force for human rights, the announcement of the new BRICS development bank has been met with feverish anticipation by the global economic community. Its supporters have written that it will free the world from the grip of the U.S. dollar as reserve currency, while […]

Is the BRICS Bank More ‘Democratic’ Than the World Bank?

The launch of the new BRICS development bank “reflects the disparity and democratic deficiency in the global governance and is trying to restart, to rethink that,” according to Nobel economist Joseph Stiglitz.  But is the BRICS bank really more “democratic” than the World Bank, whose governance legitimacy its founders are challenging? As the Geo-Graphic above shows, […]

Hurling BRICS at the World Bank and the $

Brazil, Russia, India, China, and South Africa (the “BRICS”) made a splash last week with the official launch of their new development bank.  The backers made no secret of their intention to challenge the way things are done in the established international financial and monetary architecture. The irony is that India and China are the […]

Access to Energy Explains Unequal Growth Rates of India and China

By Chris Pedersen: From a population perspective, China and India are massive. China (1.36 billion) and India (1.26 billion) combine to represent about 37 percent of the planet’s population. In the last 25 years, both countries have experienced growth and modernization in a variety of ways, but in the last 15 years, China has grown […]

BRICS and Mortals

Leaders of the BRICS–Brazil, Russia, India, China, and South Africa–meet in Rio today to swap World Cup stories and launch a long-discussed “BRICS Bank.” The bank creates two funds–a development lending facility (New Development Bank or NDB) backed by $50 billion in capital ($10 billion from each of the BRICs), and a $100 billion rescue […]

Should India Dive Into the Shale Boom?

By Amitava Mukherjee: The energy economics of the world is now at a crossroads, giving rise to a fiery debate among experts whether it will bring about a momentous change in the world’s strategic balance. The Ukraine crisis has given an impetus to it by threatening a cut in the supply of Russian oil and gas […]

Water Wars: The Next Clash Between India and China

By Amitava Mukherjee: A China watcher named Claude Arpi has drawn attention to a recently posted article on the website of the Yellow River Conservancy Commission under China’s Ministry of Water Resources. The article speaks of the necessity and feasibility of diverting the waters of some rivers, including the Brahmaputra (called Yarlung Tsangpo in China), to […]

5 Energy Challenges Confronting India

By Sean Durns / Global Risk Insights: On March 12, 2014, India and the United States renewed talks regarding cooperation on clean energy. The talks concluded positively with memorandums of understanding for the two countries to cooperate on research and development, more extensive use of environmentally friendly technologies, and greater coordination on scientific development. The dialogue […]

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