A prophetic Romanian novel about a town at the mouth of the Danube carries a warning: Europe decays when it stops looking outward. In a world of increasing insularity, the EU should heed its warning.
Thomas de Waal
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While Modi has a lot of good instincts when it comes to the economy, India is in a dire economic situation and Modi faces a difficult task.
Source: Bloomberg TV
Milan Vaishnav of the Carnegie Endowment for International Peace talks about Narendra Modi’s opposition bloc's victory in India’s election and the political and economic challenges facing the new leader, such as the current state of investment, business, and infrastructure. He says the new government will focus on growth, but likely economic progress will be made at a much more gradual pace than voters are hoping for. Vaishnav talks with Alix Steel on Bloomberg Television's "Street Smart."
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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