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Indian industry stalwarts have welcomed the arrival of Narendra Modi. The first priority of Prime Minister Narendra Modi should be to ensure the revival of economic growth, which has gone below 5 per cent in the past two years and also tackle food inflation and price rise.

Developing national digital strategies has become crucial for all countries, especially for developing nations. African countries, in particular, must find a niche in the global digital economy to accelerate inclusive social and economic development using technology. This brief compares the national digital strategies of 17 African countries and analyses them based on the typology of the relationship between state and society in the context of th

The recent shrinking of the trade deficit to $6.7 billion in September (from $10.9 billion in August) has cheered the UPA government. However, we need to be cautious about favourable signs like a reduction of the trade deficit. Because though it is going to reduce one of the disturbing parameters that are slowing down growth, it could also be indicative of slack industrial activity.

To make India an attractive destination for investment for both Indians and foreigners will require quick implementation of all the pending major infrastructure projects and to see that some important Bills are passed in Parliament.

Big ticket reforms promised by Mr. Narendra Modi are likely to resume stalled projects and revive business climate. However, if India is to return to its erstwhile double digit growth, the importance of banking sector reforms cannot be overstated.

By now, even reluctant observers of American politics would have easily discerned that economy will largely decide who will win the November presidential elections.

Blue Economy is fast becoming an area of huge interest for African policymakers. Has the rhetoric translated to concrete developmental outcomes? This brief examines the question of how the concept of ‘Blue economy’ should be operationalised nationally and regionally in Africa. It highlights strategic entry points that should be driven by both public and private sectors and supported by South-South cooperation: the development of ports, promot

Well known Pakistani economist Akbar Zaidi discussed various aspects of Pakistan?s economy with special emphasis on the period since the 1980s, at a round table conference at Observer Research Foundation, New Delhi, on February 23, 2004.

Is Pakistan's economy really at the verge of a collapse? Let us look at the facts at first. Last year, the GDP grew by 2.4 per cent; the service sector marked a growth of 4.1 per cent, the agricultural sector 1.2 per cent and remittances topped $11,201 million.

It seems that the distinctive workforce model that the sharing economy touts as vital to its existence may eventually be the reason for its downfall.

India aspires to be a developed country by 2047 which may or may not be possible. For the present, vigorous reforms will be needed.

The effect of the 15th anniversary of China’s accession to the World Trade Organization (WTO) and the expiry of several provisions of its WTO Accession Protocol was the object of heated debate between major trading partners in 2016. Yet the question of China’s graduation to the market-economy status, and its implications on the anti-dumping investigations in the importing countries, remains. This paper explores the divergent legal interpretat

There have been few significant changes in the basic parameters of the Indian economy in the last three months and in general, the economy is still on a relatively high annual growth path of around 7 per cent. The impact of drought that affected some parts of India during the last monsoons is yet to be severely felt on industry because it always

Less-cash economy formalising shared economy, with an impetus to digital payments, is one of the motivations as well as goals of demonetisation

South Africa’s Covid-19 responses are marred by policy paradoxes. How does a country with one of the most sophisticated health systems in Africa account for the highest number of Covid-19 fatalities? This brief argues that contemporary approaches to South Africa’s social, domestic, and foreign policy responses should be viewed through the theoretical lenses of racial capitalism—a racially hierarchical political economy constituting war, mil

It is four years since Observer Research Foundation launched an exclusive South Asia Weekly, with scholars specialising in individual nations of the region presenting a weekly report of individual countries with their assessments.

Street vending was illegal in urban India for almost six decades until the passage of the Street Vendors Act in 2014. Despite the law having legalised the activity, however, the default policy in most cities across India is to clamp down on street hawkers. Yet street vending remains a viable source of employment for many. As the pace of urbanisation increases across India, it is only likely that a greater number of street traders will contest for

Swine flu has seen a worrisome spread in India recently, and there are fears of another resurgence in the coming months. This issue brief explores the economic impact of swine flu and the challenges India faces in fighting the disease.

If India becomes a hotbed of conflicts - many think this may happen in the future - attracting FDIs will be a major problem. Even, our domestic investors are looking for investment opportunities abroad.

The Seychelles’ geographical advantages have given it economic gains from its main Blue Economy (BE) sectors—fisheries and tourism. However, overexploitation and unsustainable management practices have placed undue pressure on these resources. In 2018, the country conceived a sustainable ocean-based development pathway—the Seychelles’ Blue Economy Strategic Framework and Roadmap. Various socio-economic and environmental challenges threate

India is at a crossroads. It has the largest young workforce anywhere in the world, and is the fastest growing economy today. At the same time, the economy is not creating enough jobs, and therefore not fully harnessing its “demographic dividend” in preparation for the “Fourth Industrial Revolution”. To create more and better jobs, certain fundamental realities need to be recognised – the untapped opportunities in the services sector, t

The role of digitalisation in the global economy has become increasingly crucial as the dependency on digital technologies has surged amid the COVID-19 pandemic. Establishing a digital economy involves utilising digitisation as the key factor of production in a broad range of economic activities. The G20 has recognised the importance of maximising benefits and minimising challenges from the development of the digital economy. Over the years, it h

Climate change presents significant risks to long-term economic growth and socioeconomic development in developing economies. Thus the response to climate change necessitates major revisions around how economies are structured and how they function. The Observer Research Foundation organised a symposium on the subject, “The New Economy of Climate Change”, on 15 March 2016. This Special Report builds on the key themes presented by the panellis

Relentless urbanisation often has a heavy environmental cost, arising from activities such as the consumption of fossil resources to fuel industrialisation and infrastructure development. The resulting surge in greenhouse gas emissions is one of the biggest contributors to climate change, which leads to frequent extreme weather events such as floods, droughts, and heatwaves. Such events pose an existential threat to human life, infrastructure, an

Iran’s oil sales are at a five-year high as the US looks the other way despite sanctions. Iran is smartly undercutting Russia in selling cheaper oil and upset Saudi Arabia’s plan to profiteer from production cuts. The new world order being shaped amid the US-China battle for global supremacy equally belongs to countries charting independent paths

Prime Minister Modi's moves on the social sector insurance policy for the poor stand out as an outstanding achievement. But in all other sectors much needs to be done and assessments on the government's performance are divided.

Teenage pregnancy is almost double in rural areas, 9.2%, as compared to urban, 5%, in India.

The Blue Economy (BE) is a resonant theme among Bay of Bengal states. Despite recent efforts by governments in the region to promote blue growth, however, there is yet no comprehensive, region-wide agenda for marine governance. This brief looks at ways in which Bay states can harmonise their BE approaches to develop an integrated strategy. By collectively investing in technology, innovation, and governance systems, the governments of these littor

There are three major takeaways for India from the Ufa BRICS Declaration. First, the focus on increasing trade-ties amongst BRICS nations, second, strengthening cooperation amongst BRICS in areas of Information, Communication, and Technology (ICTs) and third, India's role at the United Nations.

China's ruling Communist Party, at its plenum, will deliberate on the economic and social agenda for China over the next five years focusing on financial reforms and how to maintain growth of around seven per cent. Contrast this with India where the new administration appears somnolent.

The Observer Research Foundation first conceptualised the foreign policy survey last year to build on the existing strand of polling research in India. In December 2020, the poll sampled 2,037 Indians aged 18-35 from 14 cities

As Punjab prepares for assembly elections, its economy is declining and ill-health plaguing people of all ages.

इस क्राइसिस से जो संदेश मिला, वो यह कि जब एक अच्छी अर्थव्यवस्था का कुप्रबंधन किया जाता है, जब राजनेता सिर्फ अपनी जेब भरते हैं और लोगों की परेशानिया हल नहीं कर पाते तो उसका नत�