• Research
  • Emissary
  • About
  • Experts
Carnegie Global logoCarnegie lettermark logo
DemocracyIran
  • Donate
{
  "authors": [
    "Milan Vaishnav"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace"
  ],
  "collections": [],
  "englishNewsletterAll": "ctw",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
  "programAffiliation": "SAP",
  "programs": [
    "South Asia"
  ],
  "projects": [],
  "regions": [
    "South Asia",
    "India"
  ],
  "topics": [
    "Economy"
  ]
}
REQUIRED IMAGE

REQUIRED IMAGE

In The Media

Not Too Many Surprises, Not Too Many Gimmicks, And Welcome Consistency

Consistency is worth highlighting because one place where this government has often fallen short is on policy consistency. A lack of predictability has hurt investor sentiment and raised questions about the evenness of the playing field for firms

Link Copied
By Milan Vaishnav
Published on Feb 2, 2022
Program mobile hero image

Program

South Asia

The South Asia Program informs policy debates relating to the region’s security, economy, and political development. From strategic competition in the Indo-Pacific to India’s internal dynamics and U.S. engagement with the region, the program offers in-depth, rigorous research and analysis on South Asia’s most critical challenges.

Learn More

Rediff.com

About the Author

Milan Vaishnav

Director and Senior Fellow, South Asia Program

Milan Vaishnav is a senior fellow and director of the South Asia Program and the host of the Grand Tamasha podcast at the Carnegie Endowment for International Peace. His primary research focus is the political economy of India, and he examines issues such as corruption and governance, state capacity, federalism, and electoral behavior. He also conducts research on the Indian diaspora.

    Recent Work

  • Paper
    Delimitation After Defeat: India’s Unfinished Debate Over Representation
      • Louise Tillin
      • Andy Robaina

      Louise Tillin, Milan Vaishnav, Andy Robaina

  • Research
    India and a Changing Global Order: Foreign Policy in the Trump 2.0 Era
      • Sameer Lalwani
      • +6

      Milan Vaishnav, Sameer Lalwani, Tanvi Madan, …

Milan Vaishnav
Director and Senior Fellow, South Asia Program
Milan Vaishnav
EconomySouth AsiaIndia

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.

More Work from Carnegie Endowment for International Peace

  • Paper
    Egypt’s Military Landlord Economy and its Limitations

    The armed forces champion a form of capitalism that is generating revenue, but its reliance on rent faces diminishing returns, leaving the country with massive sunk costs and deferred returns, deepening dependency on external borrowing.

      Yezid Sayigh

  • Aerial view of Washington DC
    Paper
    Network and Structural Power: The Four Trend Lines Weakening U.S. Leverage

    Networks—from international payments platforms to key economic sectors—underlie many aspects of U.S. power. But they are suffering under an extractive approach to foreign policy.

      Daniel W. Drezner

  • Paper
    Threading the Needle: India’s Path Forward with China

    After the chill in ties between 2020 and 2024 that brought India–China relations to their lowest point in several decades, the two countries have engaged each other afresh. This paper argues that there are predominantly four imperatives guiding India’s approach to China, and they exist in an order of priority.

      Saheb Singh Chadha

  • Photo of commercial ship anchored near the Strait of Hormuz.
    Article
    In the Middle East and North Africa, America and China Converge More Than They Diverge

    Middle powers in the region will keep hedging between Washington and Beijing. It’s in the great powers’ interests to play along.

      • Photo of Kathryn Selfe.

      Amr Hamzawy, Kathryn Selfe

  • Container ship arriving in Savannah, Georgia
    Paper
    The Future of American Economic Power

    The future of American economic power will be determined by the interplay between Trump’s ambitions and the global backlash against them, as well as economic developments outside the direct control of the government, such as advances in AI.

      Peter Harrell

Get more news and analysis from
Carnegie Endowment for International Peace
Carnegie global logo, stacked
1779 Massachusetts Avenue NWWashington, DC, 20036-2103Phone: 202 483 7600
  • Research
  • Emissary
  • About
  • Experts
  • Donate
  • Programs
  • Events
  • Blogs
  • Podcasts
  • Contact
  • Annual Reports
  • Careers
  • Privacy
  • For Media
  • Government Resources
Get more news and analysis from
Carnegie Endowment for International Peace
© 2026 Carnegie Endowment for International Peace. All rights reserved.