South Asia

9 Items

People walk by a money exchange shop in Hong Kong.

AP/Kin Cheung

Analysis & Opinions - Project Syndicate

The COVID-19 Cash Out

| Mar. 19, 2020

Because hand-to-hand exchange of physical currency could transmit the coronavirus, countries around the world are being forced to reconsider the use of cash. In fact, COVID-19 might turn out to be the catalyst that finally brings digital payments fully into the mainstream. Not surprisingly, the digital-payments industry is already focusing on the opportunities created by the crisis.

Dutch lawmaker Geert Wilders talks to reporters as he arrives at at Quicken Loans Arena before the start of the second day session of the Republican National Convention in Cleveland, Tuesday, July 19, 2016.

(AP Photo/Carolyn Kaster)

Analysis & Opinions - Project Syndicate

Putting the Populist Revolt in Its Place

| October 6, 2016

In many Western democracies, this is a year of revolt against elites. The success of the Brexit campaign in Britain, Donald Trump’s unexpected capture of the Republican Party in the United States, and populist parties’ success in Germany and elsewhere strike many as heralding the end of an era. As Financial Times columnist Philip Stephens put it, “the present global order – the liberal rules-based system established in 1945 and expanded after the end of the Cold War – is under unprecedented strain. Globalization is in retreat.”

In fact, it may be premature to draw such broad conclusions.

Some economists attribute the current surge of populism to the “hyper-globalization” of the 1990s, with liberalization of international financial flows and the creation of the World Trade Organization – and particularly China’s WTO accession in 2001 – receiving the most attention. According to one study, Chinese imports eliminated nearly one million US manufacturing jobs from 1999 to 2011; including suppliers and related industries brings the losses to 2.4 million.

Prince Mohammed Bin Salman of Saudi Arabia

Wikimedia Commons

Analysis & Opinions - The Washington Post

A 30-Year-Old Saudi Prince Could Jump-Start The Kingdom - Or Drive It Off A Cliff

| June 28, 2016

The tensions unsettling the Saudi royal family became clear in September, when Joseph Westphal, the U.S. ambassador to Riyadh, flew to Jiddah to meet Crown Prince Mohammed bin Nayef, nominally the heir to the throne. But when he arrived, he was told that the deputy crown prince, a brash 30-year-old named Mohammed bin Salman, wanted to see him urgently. Senior Fellow, David Ignatius, discusses Mohammed bin Salman opportunity to transform Saudi Arabia.

Prime Minister Narendra Modi's state visit to France, April 16, 2015.

Wikimedia CC 2.0

Analysis & Opinions - India in Transition

The Middle Powers' Congruence: India, France, and Nuclear Technology

| June 29, 2015

"The middle powers' congruence between New Delhi and Paris expanded with French quest for nuclear technology partners outside Europe, especially for technology that had not already been proved to be economically viable. For much of the Cold War, French nonchalance toward nuclear safeguards, frequent foreign policy differences with Washington, and close ties between key Indian and French physicists helped further. From India's point of view, the CEA offered technological assistance, including active encouragement as in 1974, when no other atomic energy commission was willing to offer much."

President Obama and Prime Minister Modi greet attendees prior to the CEO Forum Roundtable at the Taj Palace Hotel in New Delhi, January 26, 2015.

White House Photo

Analysis & Opinions - Foreign Policy

Strategic Passing: Why India Will Not Be Pakistan 2.0 in U.S. Asia Policy

| March 6, 2015

"Even as Prime Minister Narendra Modi is forging closer ties with Washington, he is not budging from New Delhi's core positions on a climate change agreement or the Nuclear Liability Bill. Even when as an insurance pool of $250 million is being offered to nuclear suppliers, there seems to be very little possibility of scrapping the Liability Bill entirely for U.S. suppliers."