The large-scale withdrawal of currency notes from circulation in India has implications for the impending GST to be adopted by the country.
As a major non-APEC member of the RCEP, India faces the prospect of integrating deeper with the Asia-Pacific if the RCEP expands into the FTAAP
The victory of Donald Trump in the US presidential elections, however unexpected, underlines the American and global policy elite’s long ignorance of the downsides of economic and cultural globalisation.
Though Trump is also pursuing a ‘jobs and anti-corruption’ agenda, he lacks Modi’s acceptability advantage.
Pro-trade policy elites across the world have ignored the redistributive impact of trade for too long
Barely 24 hours before their first presidential debate on September 26, Hillary Clinton and Donald Trump were neck-and-neck in the Bloomberg Politics national poll.
If inflation continues to increase, then the effect of a devaluation on the REER might be marginal
The country has been hit hard by the protective action against its exports in the US and EU
‘Chinaphobia’ might be the biggest challenge for China in protecting overseas investments
For India, the closer the rate gets to 17%, the greater is the possibility of losing competitiveness in global markets
Coupled with low economic benefits and the current anti-trade sentiments, it runs the risk of heading nowhere
The US & Europe vs China trade-off puts the G20 promise of reviving global trade on a rather sticky wicket
Both will gain from a common vision on trade if Brexit means more trade and investment agreements between the two
Countries in negotiations with the EU will have to proceed assuming issues relating to the UK will not be covered
The threat of Chinese ‘takeover’ is now much more than a pure business parlance
In trying to save the TPP, the US might have dealt a major blow to multilateral trade efforts in the Asia-Pacific
In what is turning out to be an interesting strategy of expanding global production and protecting brand value, Apple is trying to weave in China and India into its long-term plans, causing both countries to wonder over who could be a more strategic partner.
Trump’s criticism of the TPP is reflective of his hard postures on trade and China
Import financing and imports should revive before merchandise exports can stage a recovery
Investment in the port is key to the new Silk Route but challenges Indian shipping’s prospects
The Indo-US confrontation over H-1B visas might not end till the US presidential elections are over
Public finance & fiscal policy remain important in achieving national macroeconomic objectives
The initiative’s emphasis on foreign trade is considerably lower than on foreign investment for the domestic market
China’s use of its vast forex reserves to shore up the yuan will prolong depreciation expectations
The ability to carry along domestic constituencies is crucial for pulling off ambitious trade agreements.
Intra-regional trade, with China as a key player, has been the biggest contributor of trade growth for Asia.
The country has not been able to formulate a clear strategy for participating in regional trade agreements