Articles

The small open economies of the Gulf and Southeast Asia are pioneers in the establishment of

Sovereign Wealth Funds (SWFs). The SWFs of countries like Qatar and Singapore are among the

world’s largest in terms of total asset size relative to Gross Domestic Product. This article looks

at the different compulsions behind the setting up of SWFs by small open economies.

Indian Prime Minister Narendra Modi traveled to Washington last week, making his fourth trip to the United States since taking office just two years ago. India and South Asia Program Fellow, Ronak Desai examines the strategic approach to India's relations with the United States.

Many energy consumers, and even analysts and policymakers, confront and frame energy and climate risks in a moral vacuum, rarely incorporating broader social justice concerns. Here, to remedy this gap, we investigate how concepts from justice and ethics can inform energy decision-making by reframing five energy problems — nuclear waste, involuntary resettlement, energy pollution, energy poverty and climate change — as pressing justice concerns.

Despite widespread adoption of genetically modified crops in many countries, heated controversies about their advantages and disadvantages continue. Especially for developing countries, there are concerns that genetically modified crops fail to benefit smallholder farmers and contribute to social and economic hardship. Many economic studies contradict this view, but most of them look at short-term impacts only, so that uncertainty about longer-term effects prevails. The authors address this shortcoming by analyzing economic impacts and impact dynamics of Bt cotton in India.

"...it is a mistake to see high prices as a proxy for actual hunger. Most of the world's hungry citizens do not get their food from the world market, and most who rely on the world market are not poor or vulnerable to hunger."

The lack of predictability and transparency through both the presidential and parliamentary elections have compounded the confusion, the instability, and Musharraf's loss of credibility. Is Pakistan becoming "the world's most dangerous nation"?

"The tragic assassination of Benazir Bhutto has engulfed Pakistan in grief and turmoil. But her death symbolizes the wider calamity that envelops us all - throughout the Middle East, Asia, Europe and the United States. The real significance of this killing - and the others sure to follow - is not their surprise, but rather how common, almost inevitable, this sort of event has become in our part of the world. If we wish to end this horror show engulfing more Arab-Asian regions, and increasingly sucking in American and other Western armies, we should get serious about what it means and why it happens."

Metro Boston's Jason Notte interviews Xenia Dormandy, Director of the Project on India and the Subcontinent:

"Nawaz and Musharraf hate one another — loathe one another. I don’t think there is any credible way the two of them could make a deal with one another. Sharif was ousted by Musharraf. When Musharraf was in Saudi Arabia two weeks ago, many thought it was to talk to Sharif. More likely, it was to convince the Saudis to hold on to him."

"It is clear that most Pakistanis wanted Lal Masjid (Red Mosque) leader Maulana Abdul Rashid Ghazi to be held accountable for his vigilantism and for trying to enforce his extremist version of Islam on society. The public's views have changed, however, now that it has become obvious that the government used indiscriminate force during the operation and since its claims about the presence of foreign militants inside the mosque complex have not been independently verified."

"This introductory essay explains how this new technology is being driven by the actors (multinational corporations), markets (large global markets) and rules (intellectual property) of globalisation."