The Great Debate

India’s rock-star PM wowed Madison Square Garden—but can he deliver more than a great show?

By Amana Fontanella-Khan
September 29, 2014

India's Prime Minister Modi speaks at Madison Square Garden in New York

 

“They used to think of us as snake charmers!” boomed Narendra Modi, shortly after receiving an electrifying welcome at New York City’s Madison Square Garden this Sunday. “Now they know we play with mice, not snakes,” he said, in a well-received reference to India’s booming IT industry.

Why work with India’s new leader? It’s the economy, stupid

By Anja Manuel
September 29, 2014

India's Prime Minister Modi gestures while speaking at Madison Square Garden in New York

Great powers sneak up on you.  While Washington has been preoccupied with a burning Middle East, Russia behaving badly and, to a lesser extent, the rise of China, U.S. relations with India have slipped down the diplomatic priority list. In coming decades, however, enormous, unwieldy India will likely be the United States’ most important continental partner in Asia.

from Breakingviews:

Modi’s big win gives India way out of policy limbo

May 16, 2014

By Andy Mukherjee 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.   

from Compass:

Putin’s action is no surprise

By Nader Mousavizadeh
March 28, 2014

Surprise is the least forgivable sin of statecraft. Yet nothing has so characterized the Ukraine crisis as the West's continuing surprise at Russia's behavior.

Combatting TB 2.0

By Jose Luis Castro
March 24, 2014

Earlier this month, health officials in Los Angeles confirmed they are treating a patient for extensively drug resistant tuberculosis — a deadly form that does not respond to most of the antibiotics. The United States is one of 100 countries that have reported cases of “XDR-TB” since it was discovered in South Africa less than a decade ago.

The nuclear option for emerging markets

By Anja Manuel
March 7, 2014

Last year, greenhouse gas emissions reached a record high of 39 billion tons. Emissions actually dropped in the United States and Europe, but substantial increases in China and India more than erased this bit of good news.

Fighting for democracy in South Asia

By Nisha Biswal
November 15, 2013

For the first time in post-colonial history, all of the countries of South Asia are democracies.

The short and long of emerging markets

By Gary Regenstreif
July 25, 2013

Fickle investors have spurned emerging markets in recent weeks, but this rout has obscured a more alluring vista out on the horizon.

Who will be Rockefellers of BRIC nations?

By Charles Landow and Courtney Lobel
December 24, 2012

John D. Rockefeller’s immense wealth made “rich as a Rockefeller” part of the lexicon. But his legacy rests not on what he earned. As the founder of Standard Oil and the richest person in history, Rockefeller donated so much money during his life that he needed a team of philanthropy specialists to distribute it. The result was the Rockefeller Foundation, chartered in 1913 “to promote the well-being of mankind throughout the world.”

from MacroScope:

India’s central bank battles alone in inflation struggle

April 19, 2011

INDIA-ECONOMY/RATES What more does India's central bank have to do? Last week data showed March inflation rising to almost 9 percent on an annual basis. More importantly, core inflation is above 7 percent for the first time in 3 years meaning demand-side pressures are rising fast. And that's despite the Reserve Bank of India raising interest rates eight times since last March.