Liberalizing India’s Economy Is Critical for Global Stability

September 07, 2021

The COVID-19 pandemic is increasing inequality globally and even advanced economies have not been spared. Before the pandemic began in 2020, inequality was on the rise. Decades of globalization, loose monetary policy and the rise of oligopolies have contributed to this phenomenon. In many ways,...

Modi’s BJP Lost to Mamata’s TMC Because of Bengali DNA

June 14, 2021

In early May, the eastern Indian state of West Bengal went to the polls. The state elections attracted global attention. The BBC’s analysis of the election was headlined, “West Bengal Election: Modi Loses a Battle in the 'War for Indian Democracy.’” Such attention to a state election is...

India Is Slowly Evolving Into a Market Economy

May 26, 2021

India has come a long way since its independence from colonial rule in 1947. It started as a mixed economy where elements of both capitalism and socialism coexisted uneasily. Jawaharlal Nehru, India’s first prime minister, was a self-declared Fabian socialist who admired the Soviet Union. His...

The Good Old Days: Nostalgia’s Political Appeal

May 21, 2021

Donald Trump is gone, yet his specter continues to haunt American politics. The UK is no longer part of the European Union, yet Brexit continues to provoke emotions on both sides of the Channel. Both Trump’s victory in the 2016 presidential election and the outcome of the Brexit referendum of...

A History of Indian Conservatism

December 23, 2020

At the time of independence from British rule in 1947, India's first prime minister, Jawaharlal Nehru, adopted a mode of governance that came to be known as Nehruvian socialism. State control of industrial production and government interference in all spheres of life came to define this era and,...

Was It Wise for India to Reject the RCEP?

December 21, 2020

Last month, 15 Asia-Pacific countries formed the world's largest trading bloc. The Regional Comprehensive Economic Partnership (RCEP) is China’s response to the US jettisoning the Trans-Pacific Partnership (TPP) under President Donald Trump. The deal excludes both India and the US. Though the...

India’s League of Internationalists

December 16, 2020

Shivshankar Menon, India’s famous former national security adviser, has stirred much controversy recently. His recent article for Foreign Affairs, titled “League of Nationalists,” argues that India’s illiberal drift and new transactional foreign policy has weakened relations with the US....

Why Is Foreign Investment Flooding Into India?

December 01, 2020

For years, India suffered from what came to be called the “Hindu rate of growth” — a result of Jawaharlal Nehru’s policy choices. India’s first prime minister had a fascination for the Soviet Union and championed socialism. In India, this socialist economic model was incongruously...

India’s Police: An Instrument of Injustice

November 19, 2020

When Alexander the Great marched into Phrygian, the capital of Gordinium, in 333 BC, he was told that an oracle had declared that any man who could unravel the Gordian knot — deemed impossible to untangle — would rule over Asia. After wrestling with the knot for a time with no...

India-US Relationship Is Now Official

November 13, 2020

After decades of dithering, India has finally opted for American-led security architecture in Asia. In the latest US-India 2+2 meeting of foreign and defense ministers, the two countries concluded a fourth foundational agreement. The four key agreements between the United States and India to date...

Load More