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Triple Talaq Bill: Victory of Gender Justice Saturday, August 10th, 2019

Women who raised their voice against Triple Talaq first: Shayara Bano from Uttarakhand first approached the apex court after her husband sent her a letter with talaq written thrice and left her. Petitions of four other women were tagged with Ms Bano's petition. It was Shayara Bano who challenged..

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The Myth of Welfare Dependency Friday, August 9th, 2019

Social safety nets worldwide routinely come under attack by critics wielding an argument that is as misleading as it is familiar. Measures such as subsidized health insurance, food and nutrition programs, and targeted cash payments to the poor, it is said, incentivize idleness, encourage..

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Trump’s Deficit Economy

In the new world wrought by US President Donald Trump, where one shock follows another, there is never time to think through fully the implications of the events with which we are bombarded. In late July, the Federal Reserve Board reversed its policy of returning interest rates to more normal..

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Can America and China Avoid a Currency War? Thursday, August 8th, 2019

China’s currency, the renminbi, weakened slightly against the dollar at the start of this week. Around the world, the immediate response was panic. Financial markets tumbled, US President Donald Trump’s administration formally labeled China a currency manipulator, and fears of a new currency..

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The Real Reason for China’s Rise Wednesday, August 7th, 2019

China’s rapid economic rise in recent decades has astonished the world. Yet the reasons behind the country’s success are often misunderstood and misinterpreted. The rise of China widely attributed to its state capitalism, whereby the government, endowed with huge assets, can pursue a..

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India’s Bad Bet in Kashmir

Indian Prime Minister Narendra Modi’s government has decided to strip Kashmir of its special status – which granted considerable autonomy to the disputed Muslim-majority territory – and split it into two union territories (a status below that of states) that India will govern more directly...

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The Real Cost of Trump’s Trade Wars Tuesday, August 6th, 2019

For a while at least, trade tensions between the United States and China seemed to have settled into a “new normal.” After both countries imposed high tariffs on a substantial proportion of each other’s goods, US President Donald Trump refrained from further escalation. But, following another..

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Fighting Violence with Evidence

In last year’s Pathways for Peace report – the result of a joint study by the United Nations and the World Bank – UN Secretary-General António Guterres warned that the world is facing a “dramatic resurgence” of conflict, which has caused immense human suffering and significantly..

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Speaking Truth to Power Monday, August 5th, 2019

US President Donald Trump’s nomination of John Ratcliffe, a highly partisan Congressman with little international experience, to replace Dan Coats as Director of National Intelligence raised the red flag of the politicization of intelligence. Opposition to Ratcliffe among Democrats and..

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The Race Card in America

The recent mass shooting in El Paso, Texas, carried out by a young white man who had posted a hate-filled anti-immigrant screed shortly beforehand, has called attention to US President Donald Trump’s own rhetorical affinity for white supremacy. Trump has consistently insulted Mexicans, African..

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Lagarde’s ECB Must Modernize Sunday, August 4th, 2019

As the nominee to succeed European Central Bank President Mario Draghi in November, Christine Lagarde may be hoping that her job will be somewhat easier than that of her predecessor. Yet the opposite is likely to be true. Though Draghi was tasked with guiding the ECB through years of crises,..

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WILL THERE BE A SOLUTION FOR KASHMIR PROBLEM? Saturday, August 3rd, 2019

Part of Kashmir is in the Indian territory and the remaining part of Kashmir is under the governance of Government of Pakistan. There have been unending controversies and arguments on whether entire Kashmir should belong to India or Pakistan. Both the countries have fought wars and there have been..

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What’s Next for China’s Political Economy? Friday, August 2nd, 2019

To understand where the Chinese economy is headed, it is important to understand the wider context surrounding Chinese debates about what the future holds under President Xi Jinping. The centenary of the Communist Party of China (CPC) in 2021 is the first weigh station for evaluating the progress..

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ECB Loosening Is Not Enough Thursday, August 1st, 2019

If indications of disappointing economic growth in the eurozone are confirmed, the European Central Bank will loosen monetary policy further in September. Last week, outgoing ECB President Mario Draghi signaled a further likely cut in the ECB’s rate on commercial banks’ overnight deposits with..

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The Dangerous Delusion of Optimal Global Warming

The United Kingdom is now legally committed to reduce net greenhouse-gas emissions to zero by 2050. Opponents in Parliament argued for more cost-benefit analysis before making such a commitment; and Nobel laureate economist William Nordhaus argues that such analysis shows a much slower optimal pace..

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Don’t Squander the Techno-Revolution Wednesday, July 31st, 2019

Public discussion of the effects of automation and artificial intelligence (AI) often focuses on the productivity benefits for companies and the economy, on the one hand, and on the potential downside for workers, on the other. Yet there is a critical third dimension that should not be overlooked:..

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Economic Growth and the US Presidential Election

Economic growth in the United States was just 2.5% in 2018 and, according to the latest “advance” estimate, may have slowed to only 2.1% in the second quarter of 2019. The economy is growing at roughly the same pace as it did during Barack Obama’s second term as president (GDP growth was 2.5%..

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Populism Takes Asia Tuesday, July 30th, 2019

The rise of populism across the West in recent years has been the subject of countless discussions, and for good reason: populists’ misguided policies often have severely adverse political and economic consequences. Now, those risks are coming to Asia. There is no straightforward definition of..

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Great Countries, Bad Leaders

I first visited the United States in 1965 on a student scholarship funded by a generous Boston philanthropist. Ever since that trip, which took me from New York to California to Alabama and back, I have been a confirmed Americophile. I love the country and have visited it more often than any other..

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Time to Bite the Bullet in Syria Friday, October 18th, 2019

Recent events in Syria have naturally raised two questions: Who lost the country? And where might the international community go from here? The first question is easier..

How China Loses Friends and Alienates People Thursday, October 17th, 2019

India’s Modi Slowdown Wednesday, October 16th, 2019

Will Trump Be Removed from Office? Wednesday, October 16th, 2019

Anti-Globalization Bias and Public Policy Tuesday, October 15th, 2019