May 3, 2012

Modest steps at the IMF

The biannual meetings of the world’s leading financial institutions, the International Monetary Fund and the World Bank, are generally pretty staid affairs — after all, how riled up can gatherings of central bankers and finance officials really get? In recent years, the answer is ...

Apr 22, 2012

India extends its nuclear reach

While international attention has been focused on North Korea’s failed “satellite launch,” India last week successfully test-fired a missile capable of carrying a nuclear warhead 5,000 km. This development has the potential to shift the regional strategic balance and introduce new uncertainties into Asia. ...

Apr 5, 2012

BRICS and bombast

BRICS is back. The five-nation group that comprises Brazil, Russia, India, China and South Africa held its fourth summit last week, convening in New Delhi to present their collective views on global problems. While their opinions are increasingly relevant given their growing weight and ...

Apr 1, 2012

Money to study abroad

To combat the decline in Japanese students studying abroad, the Education, Culture, Sports, Science and Technology Ministry is finally taking action. Special five-year grants of ¥100 million to ¥200 million will be offered to 40 universities for study abroad programs. These grants are a ...

Mar 29, 2012

Charades at the World Bank and IMF

by Uri Dadush and Moises Naim

The scandal over the repellent way the World Bank president is appointed has obscured an equally scandalous situation: the appointment process of the rest of the senior managers at the bank and the International Monetary Fund. They too are selected through opaque, quota-driven negotiations ...

Mar 28, 2012

Brace for the mass customization revolution

by Sanjeev Sanyal

The last two decades were the era of hypermarkets — massive superstores that could dazzle customers with an astonishing array of standardized products. But there are signs that the superstore’s age of dominance may be over. In recent months, hypermarkets around the world — ...

Mar 27, 2012

The cracks in the BRICS

by Brahma Chellaney

As it prepares to hold its latest annual summit in New Delhi on March 28-29, the BRICS grouping — Brazil, Russia, India, China, and South Africa — remains a concept in search of a common identity and institutionalized cooperation. That is hardly surprising, given ...

Mar 21, 2012

Nearing the end of tyranny?

by Hugh Cortazzi

President Vladimir Putin in Russia, President Bashar Assad in Syria and President Robert Mugabe in Zimbabwe are detested by many of their fellow countrymen who would like to see them overthrown and tried for human rights abuses. They depend on a close coterie of ...

Mar 12, 2012

Foreign aid: sop to conscience and bad policy

by Ramesh Thakur

When India selected 126 French Rafale fighter aircraft (£13 billion) over the U.K.-manufactured Typhoon involving a consortium of European countries, some British politicians and commentators demanded that aid to “ungrateful” India, a fast-rising economic power, be stopped. The press dredged up Finance Minister Pranab ...

Feb 29, 2012

Iran outcome critical for Asia

by Michael Richardson

Can the United States and the European Union apply sanctions on Iran to curb its nuclear program without boosting oil prices and undermining economies in Asia as well as the West? The answer is particularly critical for Asia because it is has to bear ...

Feb 27, 2012

Could EU use a global growth plan?

by Gordon Brown

Talleyrand said of the Bourbon dynasty that ruled France both before and after that country’s revolution: “They have learned nothing and have forgotten nothing.” Today, with the same shortsightedness, Europe’s leaders stick unblinkingly to policies that the whole world can see have already failed. ...