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Greece's problems were inevitable because the concept of Eurozone is based on flawed solidarity. While the monetary policy is controlled by the ECB, the fiscal policy is under the member states. They have to obey the diktat of the ECB regarding interest rates and this has made Greece uncompetitive with rising costs.

The shift from a one-world economy to a two-world system will force States to make hard choices. Europe is the testing ground

Mere constitutional creation of new political space would not become the answer to the growing demands for inclusion and participation in the countryside. For substantive democracy to become a reality, Centre and States need to show willingness to share powers (3Fs).

The Af-Pak conflict's center of gravity has over the past five years shifted decisively to the very heart of Pakistan. Hence, the ultimate ace up Pakistan's sleeve is to search seriously for peace with India, step by step, but sincerely.

New Delhi needs to note that China’s estrangement from the US is not as serious as the one with India.

The event revolved around the current Chinese foreign policy in south-east Asia, its BRI project and relations with the Indo-Pacific countries and how the world views China under these geopolitical scenarios and Chinese reactions towards them.

To improve India's role in Central Asia, its focus should recognize the diversity of relationships that are possible - economic, defence, and connectivity. Politically and historically, each of the five countries in the region is distinct.

The two Asian giants seem to have clearly reached an inflection point in their relationship

A four-day maritime conference on "Maritime Geo-Politics in the Indo-pacific" was organised in Chennai, Kochi and New Delhi recently. The conference saw speakers deliver perspectives from India, China, Japan, US, Australia and Indonesia.

China has often showed a lack of willingness to abide by not only established international law but also certain norms that the global community has fostered over the years. It has flouted the decision issued by an arbitration court at The Hague regarding its claims in the South China Sea; it has also appropriated intellectual property.  In the 1970s when the Western economies were taking the lead in setting global norms while balancing the thre

As China pursues its expansionist ambitions in the greater South China Sea, Philippines President Ferdinand Marcos Jr. is working to enhance his country’s ability to exercise its sovereignty and sovereign rights. Towards this end, Manila is expanding its strategic options through robust external partnerships and national policy recalibrations to secure its lawful waters in what it calls the West Philippine Sea. There are concerns, however, abou

Goals of universal financial inclusion have acquired new wings in India, with the mobile phone now seen as a catalyst in realising such aspirations. This brief analyses India’s performance in leveraging mobile phones for financial inclusion. It throws light not only on the various factors that have propelled the use of mobile banking, but also those that have served as obstacles for such use. The brief also proposes a strategy that has been dev

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

Contemporary India–Australia relations can be best described as being loaded in intent but limited in action. Over the years, pledges of “common destiny” have repeatedly been made, only to remain unfulfilled. The 2018 release by the Australian government of its India Economic Strategy 2035 is an attempt to lay down a vision for capturing the opportunities offered by India’s market. Among these opportunities is mining. This brief discusses

As anticipated, the much-touted and ill-prepared protest by the Bhiku movement and Sarath Fonseka's Democratic National Alliance (DNA), seeking to replace the Executive Presidency, has Sri Lanka ended in a whimper.

For Japan, which deployed missile destroyer J S Fuyuzuki and SH 60K helicopters on India's invitation, the Malabar Exercise signals the growing importance of ties between the two nations as well as the personal importance that PM Modi has attached to India's strategic ties with Japan.

why should Delhi have a monopoly on good ideas? While Mumbai is the economic capital of India, its history has also forced it to be a center of strategic and policy thought from which Delhi remains divorced

ISRO should embrace a civilian identity and, aided by legislation, form partnerships with the industry and entrepreneurs.

The government will need a lot of explaining to do about the rising corruption in the Budget session and will have to cast its tax net wider to catch the tax dodgers. What it will do to make the tax base bigger could be an interesting feature of Budget 2013.

Maharashtra imposed alcohol prohibition in the Chandrapur district in April 2015. However, in 2021, the state government annulled the liquor ban as evidence indicated that the district administration had failed to comprehensively implement it, with several social and economic consequences that compromised the wellbeing of Chandrapur. Experiments in prohibition in India and the US show that it is nearly impossible for such widespread socia

Outlining the need for a concerted effort to deal with water challenges in South Asia, experts at a roundtable suggested that there was a strong reason to create collaborative rather than competitive frameworks.

ORF, the Public Diplomacy Division of the Ministry of External Affairs of India and CERI - Sciences Po and Centre d'analyse Stratégique (CAPS) of France have begun an Experts Policy Dialogue to delve into key areas, opportunities and challenges that will shape, enrich and confront the India-France relationship in the coming years.

Canada-India relations are entering a cool period.

Last week’s clash near Tawang is only the latest along the increasingly tense China-India border. A lack of clarity on where the border lies foments continued trouble.

Heightening great-power rivalry has impeded consensus-making in multilateral institutions. This has given rise, in recent years, to minilaterals especially in the Indo-Pacific. Even as there are criticisms that minilaterals are too informal and lacking in structures that are required for focused debates, China’s belligerence has galvanised support for, and focus within minilateral groupings in the region. Over the past year, the fallout of the

In recent years, both nations have displayed a renewed focus and prioritisation of establishing strong relationships with each other and the neighbouring ASEAN countries.

This report makes an appraisal of the geopolitical, geostrategic and geoeconomic dimensions of the linkages between India’s east coast and the ‘extended Bay’—Thailand, Malaysia, Singapore and Indonesia—with respect to port logistics, trade interactions, disaster management and strategic convergences. The aim of this study is three-fold: a) to examine the existing nature of port and commercial linkages between India and the aforesaid lit

With India seeking to connect the next billion, and becoming a key player in the global Internet debate, it is important to have clearly formed domestic policies. The combination of regulatory interest, corporate opposition and constitutional rights suggest that the time is right for a nuanced debate on net neutrality in India.

The 70th anniversary of Russia-India relations is an opportune time to make a comprehensive assessment of the current state of their cooperation, keeping in mind the long history of friendship between the two countries. In the last few years, India and Russia have been struggling to retain the legacy of their long-term relationship while moving beyond the traditional spheres of cooperation to reach new heights. To expand their bilateral agenda,

This brief examines the efficacy of the inclusion of private capital in development finance, using the cases of certain countries that have met with success in utilising such a strategy. It underlines the experiences of institutions like the Japan Bank for International Cooperation (JBIC) and the United States International Development Finance Corporation (US-IDFC) that use innovative financial tools to support international financial institution

In today’s digital economy, the United States (US) remains a market leader in many digital technologies; meanwhile, China is fast catching up. In Europe, foreign technology companies have a strong presence, often creating dependencies that can undermine digital sovereignty. Digitisation, therefore, is high on the European Union’s (EU) political agenda. This paper analyses recent key policy responses by the EU, and finds that the union

Azerbaijan has become an attractive investment destination, connecting Europe, Central Asia, Russia, and the Indian subcontinent via the International North-South Transport Corridor (INSTC) and the Trans-Caspian International Transport Route (TITR). Indeed, over the years, India has explored various options to enhance connectivity with Russia and Europe via Azerbaijan. This brief assesses how the Western Route of the INSTC and the TITR can improv

Their established ties rest on a foundation of common values and goals

The Northeastern states of India have massive potential for harnessing hydroelectricity. While the government has rightly recognised this capacity as crucial to boosting the growth of the region, the pace of development has remained slow, and marred by many problems. This brief builds on the “43rdReport on Hydro Power” presented in Parliament in January 2019 by the Standing Committee on Energy, to assess the prospects of the hydropower sector

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.

Over the last few decades, a global climate finance architecture has emerged to channel domestic and international funds towards climate change mitigation and adaptation efforts. However, mobilising climate capital at scale has been a challenge, particularly in the Global South, since the current financial system is inept at including climate change metrics in its capital allocation and disbursement processes, and applying a climate justi