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In light of Africa's increasing dependency on and trouble with Chinese actors, African leaders are beginning to look beyond China in an attempt to diversify. India and the long-standing presence of Indian businesses in the continent can help Africa deal with the losses from China.
China’s growing military profile in Africa is following its economic footprint in the continent as exemplified by the Chinese “logistics support base” in Djibouti. It is moving towards an ever more expansive definition of its global interests, as its business in Africa pushes it to create new mechanisms for securing those interests, including its own growing military footprint abroad. This brief examines the changing nature of China’s inv
In October 2019, China’s Free Trade Agreement (FTA) with Mauritius opened the Chinese market to Mauritian exporters and investors. Not long after, concerns arose that Mauritius might be lacking in the capacity to benefit significantly from the agreement and thus lose in terms of a trade imbalance that clearly favours China. This brief revisits China’s motivations for the FTA, and finds economic and geopolitical goals. Given Mauritius’s smal
The message — no business if you are on the wrong side of issues like Xinjiang
There had always been a nexus between the Congress party and big business. After all, Mahatma Gandhi?s Ashram at Sevagram was financed by Jamnalal Bajaj; Gandhiji was assassinated in Birla House, New Delhi.
The COVID-19 pandemic can serve as an opportunity for India to redefine its approach to economic growth. The policy objective should be that once the threat of the current pandemic subsides, the country will not return to business-as-usual mode and rather build an economy for the future. The Indian government has declared that it is considering measures towards distress mitigation, relief disbursement, and a revival of growth. At the same time, h
A number of countries, including India, have either announced or are already implementing sustainable finance taxonomies that help mobilise capital for sustainable development and climate action. This brief examines the challenges to implementing sustainable finance taxonomies, including lack of harmonisation and standardisation, unavailability of data, lack of capacity, and financial burdens on companies applying these taxonomies. The brief prop
Immersive technology is a key part of the emerging Web 3.0. A prominent aspect of this evolution of the World Wide Web is the Metaverse, which aims to build a fully immersive and self-sustaining virtual shared space for humans to use as they would the physical world in all aspects of life. Existing concerns and debates on privacy, user protection, and the ethics of monetising platforms also extend to the Metaverse. This brief discusses the three
This paper dissects the causes behind Pakistan’s ongoing economic crisis. The causes include dwindling forex reserves, the phenomenon of ‘galloping inflation’, a falling Pakistani Rupee, uncompetitive and undiversified export basket, burgeoning external debt, lack of fiscal prudence, debt distress, and a worsening business environment—all cascading to a balance of payment crisis. While austerity measures, appeals for loan rollover to debt
India, like much of the rest of the world, is faced with the twin but opposing conditions of economic potential and social concerns that need to be negotiated to realise the digital dividends from artificial intelligence (AI) and achieve sustainable and balanced growth. AI systems involve layers of technological dependencies that necessitate and enable social and institutional interdependency between stakeholders, enabling conditions, and resourc
With the idea to dispel doubts about the India story abroad, Observer Research Foundation brought together the spokespersons of the two rival parties, the ruling Congress Party and the Opposition BJP, at a platform arranged by the US India Business Council (USIBC) in Washington on 18 September.
Is the digital economy about digitising the real economy, society and governance - or is it simply a valuation game? The question is particularly valid as a series of digital and e-commerce companies have totted up impressive funding without knowing how to build a sustainable business model.
World renowned management professor and author, Dr. Jagdish Sheth, delivered a lecture on "The Tectonic Shift: The New Geoeconomic Reality" at Observer Research Foundation. Dr. Sheth, Professor of Marketing in the Goizueta Business School, Atlanta, USA, and the author of 'Chindia Rising: How China and India will benefit your business' forecast a new geo-economic reality in the world driven by markets of emerging nations.
India has assumed the G20 presidency at a critical and opportune time in history, even as the half-yearly report card indicates that consensus-building in the grouping has been more difficult than India may have expected. This brief identifies six areas where India can manifest its capability to lead the building of an effective and plausible climate action plan. Globally, championing the tracking of per-capita emissions and fossil fuel-b
The unsolicited US$ 18.5 billion bid for acquisition of the petroleum major Unocal by China National Offshore Oil Company (Cnooc), the Honk-Kong based subsidiary of China's third largest oil company, has sent the business, and political, world into a tizzy.
Leaving Moscow to engage with North Korea may also free China of the burden of having to justify its relations with North Korea in light of Beijing’s increasing business interests with the West
An enormous amount of capital is required for climate change mitigation and adaptation globally, but especially in emerging markets that have the dual burden of achieving development and meeting national climate goals in the coming decades. Although it is tough to estimate the precise amount of capital required to achieve these goals, it is anticipated to be in the range of trillions of dollars. However, the flow of capital into green sec
Surveillance as a tool of governance holds more relevance today than ever before, as information technology grows by the day and collects more biometric data. Biometric data—either first-generation (static biological data) or second-generation (dynamic socio-spatial biological data)—is extracted from the biological and social aspects of individuals and used in surveillance for purposes of national security, civic responsibility, and business
In November 2014, India introduced a visa facility allowing foreign travellers wanting to come to India for recreational purposes, casual visits with friends or relatives, short-duration medical treatment or business visits, to apply for their visa online. Since then, the government has taken specific initiatives to improve the process, with the more recent ones including the introduction of three e-visa categories (e-medical, e-business, and e-t
The Ambassador of France to India, H.E. Mr. Francois Richier, has underlined the importance of a comprehensive agreement on migration and mobility, which would feed into increasing bilateral education and business opportunities.
Microfinance, which began in India 50 years ago, extends credit, insurance, loans, access to savings accounts, and money transfers to small business owners and entrepreneurs, especially those not served by the conventional banking system, or indeed the rest of the financial sector. This paper traces the history of microfinance in India and evaluates its impact. It finds that although the microfinance sector has emerged as a salient player in Indi
The African continent faces escalating climate threats, with rising temperatures, sea-level rise, water stress, and extreme weather events causing widespread negative consequences. This brief argues for the need to build a business case for greater adaptation investment in Africa. Climate change is already causing significant economic losses, with African countries losing 2-5 percent of GDP annually, while adaptation investments could yield retur
The traditional urban narrative does not conceive of the relationship between food and city in direct terms. In this narrative, urbanity can be industrial, technological, cultural and innovative—and by extension, its spaces can host factories, institutions of all kinds, governments and corporations, and entrepreneurs. But urbanity cannot be agricultural—and by extension, its spaces cannot host fields, seed banks, poultries, dairies and anythi
The IMF estimates that State-Owned Enterprise (SOE) assets totalled US$45 trillion in 2018, close to 50% of the global GDP, and calculated the debt of the largest SOEs to be US$7.4 trillion. Clearly, SOEs have a direct bearing on the global economy. The most systemically important SOEs are the State-Owned Multinational Enterprises (SOMNEs) since they are focused on cross-border financing and business. A global framework for regula
As if COVID-19 was not enough, Amphan has not merely damaged infrastructure, rendered many homeless, and affected small businesses — but has imposed a cost on the West Bengal economy whose indelible impacts will be felt in the long-run.
India will be in no hurry to do business with its new management. Onus of rapprochement lies with Pakistan.
प्रादेशिक आर्थिक एकत्रीकरणाला प्राधान्य देऊन I2U2 बिझनेस फोरम समोर येत आहे. पश्चिम आशियाई प्रादेशिकतेसाठी मजबूत पाया म्हणून हे फोरम काम करू शकणार आहे.
Adoption of Information and Communications Technology (ICT) can affect the performance of firms in a variety of ways, including faster processing of information and products, the facilitation of changes in business practices and improved internal organisation and management. Indeed, much of the recent research on developed countries in this area has emphasised less the adoption decision per se than what adoption facilitates. In particular, ICT is
Ties between India and Australia are wide-ranging: from geostrategic cooperation and trade, to soft power mechanisms such as cricket and tourism. This paper makes a case for improving bilateral relations between New Delhi and Canberra. While there are substantial opportunities for trade and investment flows between the two countries, the engagements have been largely underdeveloped over the years. The immense scope of complementarities between th
Indian growth over the last three decades has been largely consumption driven, but consumption has been hit by lockdown.
With the labour force participation rate expected to rise significantly in the coming years in India, it is imperative that the government formulates a common policy on business development and regulation. India's high economic growth story cannot be taken for granted.
When the Budget session of Parliament began on February 21, people in general and industry in particular were hoping that the political class would ensure that the two Houses conducted the necessary parliamentary business to bring back the national economy and governance on to the rails.
The monsoon session of Parliament began on Monday August 1, 2011. The eigth session of the 15th Lok Sabha (Lower House) and the 223rd session of Rajya Sabha (Upper House) are expected to produce more legislative business compared to the performance of the two Houses in the recent past.
For almost two years now, or nearly two-third of the ruling UPA-II's time in power, the two Houses of Parliament have been witnessing logjams, walkouts and adjournments with very little legislative business being conducted.
Anulekha Nandi, Basu Chandola, Anirban Sarma, Eds., India’s AI Imperative Building National Competencies in a New World Order, January 2025, Observer Research Foundation.
This paper explains Russian co-option of India into the Eastern Economic Forum (EEF) at a high level of participation in September 2019 and the range of agreements involved. It argues that the co-option was the result of Russian President Vladimir Putin’s dissatisfaction with the economic outcomes so far for the Russian Far East of “northeast Asian regional cooperation.” Moscow related this behaviour to skewed priorities of East Asia’s �
There is little doubt that the Lalit Modi controversy has hurt the image of the Narendra Modi Government. Mr Lalit Modi is an infamous and notorious character, who ran his businesses, including the Indian Premier League cricket, like a bucket shop.
The four characteristics of the "strong Chief Minister" today - authoritarianism, constitutional subregionalism, a "business-friendly" approach, and political welfarism - were first combined into a coherent whole by Jayalalithaa
India neither has a well-defined bankruptcy legislation for businesses to close down systematically or special courts to take care of such issues; and, as a result the process becomes slower, says former Revenue Secretary M.R. Sivaraman.
Latin American companies that have invested in India since the 1990s have had varied experiences: some have achieved considerable success and remain in business, while a number of them have exited. This paper is a primer on enterprises from the Latin American region that have engaged the Indian market in the past 30 years. It finds three key factors that have pulled these businesses into India: the country’s myriad value chains, the massive con
A solution to the Ukrainian imbroglio lies in shedding old Cold War stereotypes and treating the crisis as an opportunity to complete the unfinished business of establishing geopolitical equilibrium in the former Soviet Space.
Narendra Modi is in a good position to take a strategic approach to the Middle East. While Delhi must be sensitive to the multiple faultlines, old and new, Modi must signal that India is open to business with all countries in the region.
If Macron loses control of the National Assembly in June, he may be forced into an uneasy co-habitation that will limit his policy options. He knows that.
This paper presents a bibliometric analysis of the literature on private health aid and official health assistance between 2000 and 2022. It provides an overview of the sites and themes in the literature pertaining to development assistance in health, and collates the significant policy recommendations presented therein. Several crucial findings emerge from the bibliometric analysis: 44.2 percent of the 489 papers/articles assessed focused on low
Nature-based solutions (NbS) harness the benefits of nature to address climate change, biodiversity loss, and land degradation while creating pathways for sustainable development. While NbS could generate substantial economic benefits, current private finance flows remain insufficient due to market and information failures. This brief makes a case for increased private investments in NbS, highlighting their cost-effectiveness and sustainability.
PM Modi has made another high decibel visit to the US, once again holding out hope that India is ready to do business. However, unfortunately not much has changed back home between his last trip and the ongoing one. Rules, laws and regulations remain inflexible.
The Chinese and Russians have replaced the US and the West as the lead singers in the international orchestra for Indo-Pak amity. Instead of telling them to mind their own business, Modi appears to have recognised that he can use the weight of Beijing and Moscow to facilitate India's engagement with Pakistan.
Mumbai still continues to enjoy its position as the country's commercial capital thanks largely to the infrastructure advantage it is blessed with, which was progressively built since the days of the British Raj keeping in mind the future expansion of the city as India's trade and business hub.