A successful switch to electric vehicles, coupled with strategically increased refining capacity, could be both a geoeconomic and geopolitical maneuver for India.
In the spring of 2019, hundreds of millions of Indians will cast their ballots in the country’s seventeenth general election.
While the Trump administration has proposed to slash foreign aid by more than one-third, China is increasingly interacting with, and providing aid to, developing countries under the umbrella of South-South cooperation.
As Pakistan balances cooperation with Iran and its relationship with Saudi Arabia, Indo-Saudi relations are on the rise and Iran continues to play India and Pakistan against each other for its own gain.
China and its keenest Latin American borrowers are left with the challenge of managing the legacy of past deals, including those that have gone awry.
The central question isn’t whether China might continue to confound norms so much as what, precisely, is required for it to do so. And that, as ever, hinges on whether the Chinese government can strike the right balance between state intervention and market forces.
India faces challenges on the diplomatic and economic fronts, but the visit of French President Emmanuel Macron offers the opportunity for progress.
Karnataka offers an alternative model state based not only on growth, but also on the closing of social and religious gaps, in contrast to the socio-economic, caste, and communal polarization which prevail in western and northern India.
While China is unlikely to have a debt crisis, it will face more difficulties when making the adjustment as debt accumulates. A strong leadership may then be required to implement necessary reforms.
The idea of a universal basic income has gained renewed attention amid growing concerns about technological unemployment in advanced economies.