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An Underdeveloped Corporate Bond Market: The Achilles’ Heel of India’s Growth Story
Mar 11, 2023

An Underdeveloped Corporate Bond Market: The Achilles’ Heel of India’s Growth Story

India’s aspirations to become the third largest economy in the world by 2027, and a developed country by 2047, need to be backed by a liquid, deep, and well-functioning debt market—something that the country does not have. Banks in India typically lack the ability to sponsor long-term projects because their liabilities are of a relatively shorter tenure. An efficient Indian corporate bond market with lower costs and faster issuances could pro

Artificial intelligence and personhood: Interplay of agency and liability
Mar 04, 2024

Artificial intelligence and personhood: Interplay of agency and liability

Questions around legal personhood for AI systems loom large given the potentially adverse consequences and the need to determine liabilities and remed

Atomic blackmail: A little-recognised but urgent threat
Jun 27, 2024

Atomic blackmail: A little-recognised but urgent threat

The growing scale of wars worldwide has heightened the risk of atomic blackmail, shifting the perception of nuclear power plants from assets to liabil

Household savings haven’t fallen
May 20, 2024

Household savings haven’t fallen

Household savings have merely moved from financial to physical assets, with an increase over time

India’s new poor: Strategy for resilience
Nov 27, 2021

India’s new poor: Strategy for resilience

The government needs to invest in measures such as education and employment that can make the population more resilient in the face of a crisis

The first international AI treaty: Progress with caveats
May 22, 2024

The first international AI treaty: Progress with caveats

The Council of Europe adopted the first international legally binding treaty on AI. However, the regulatory approach and normative ambiguities leave k