India’s citizens are witnessing a remarkable inversion of democracy: a government choosing its voters rather than the other way around.

The risks inherent in that possibility of closure are now painfully realized, but they were not factored in before.

Artificial Intelligence (AI) is one of the hottest topics out there. And for a good reason. AI is transforming industries and everyday life.

Setting aside concerns of various kind on the resilience of the Chinese economy, foreign financial investors are rushing into the country’s financial markets.

As a forum for economic cooperation between countries, the G20 lacks a legal basis.

If tariffs don’t reduce imports to significantly neutralise the fall in U.S. exports, quantitative restrictions on imports may be resorted to.

The Shanghai Cooperation Organisation (SCO’s) 2025 summit in Tianjin produced a series of outcomes that, although modest in appearance, are strategically significant. The most prominent developments were the agreement in principle to establish an SCO Development Bank, seeded with approximately ¥2 billion in grants and a further ¥10–14 billion in concessional loans from China.

Despite critiques that point out lack of market regulation, poor climate performance of markets, the social inequalities they reinforce and generate, and misuse/manipulation by actors uninterested in climate mitigation, VCMs are being considered as useful instruments for gender-sensitive climate change policy.

With President Donald Trump and his team launching an aggressive attack on international institutions and threatening to pull out from many of them, there has been speculation about whether they would adopt the same strategy with respect to the Bretton Woods institutions.

“This is a new form that inter-imperialist relations have taken. It is not the old form of inter-imperialist rivalry that precipitated world wars.”

In an interview with The Hindu, Ghosh talks about gender blindness of official policies, inequalities in society, the state of women empowerment and why women face multiple disadvantages in India.

Financial markets in the so-called ‘emerging economies’ are in turmoil. At the end of May 2022, the Financial Times reported that the return delivered by emerging market (EM) sovereign bonds was around minus 15 per cent for 2022, the worst since 1994.

The global food crisis has now grown to such proportions that everyone is talking about it (even though world leaders are doing relatively little about it).

On July 6, 2018, U.S. President Donald Trump unilaterally imposed a 25 per cent tariff on Chinese imports of around $34 billion, and further tariffs in 2018 and 2019—claiming that trade between U.S. and China had been unfairly skewed in China’s favour and needed to be rebalanced.

The incoming Biden administration is under tremendous pressure to demonstrate better U.S. economic management. Trade negotiations normally take years to conclude, if at all. Unsurprisingly, lobbyists are already urging the next U.S. administration to quickly embrace and deliver a new version of the Trans-Pacific Partnership (TPP).

At a time when peasant masses in the country are engaged in a valiant struggle for the repeal of the Central government’s three infamous laws, and have laid peaceful siege to Delhi, braving rains and bitter cold, it is worth recalling Friedrich Engels’ study of the peasant war in Germany in 1525, that also celebrated its outstanding leader Thomas Muenzer. Such a recall becomes necessary for another reason.

There is a massive problem of external debt building up for the third world, of which the recent Argentine debt crisis was only one manifestation. At the root of the problem is the collapse of primary commodity prices in the world market which began in April 2011.

The current globalization was always legitimized by the argument that capital today, unlike in colonial times, had become blind to racial and other such distinctions across countries in deciding upon its location; it would now flow wherever opportunities for profitable investment existed.

SSER-IDEAS Online Lecture Series — COVID-19 Pandemic: Policy Failures and Their Impact on the Lives of People

In a show of solidarity, some of India’s opposition leaders have declared the much-delayed relief package (titled Pradhan Mantri Garib Kalyan Yojana) announced by Finance Minister Nirmala Sitharaman on March 26 to mitigate the effects of the Coronavirus pandemic on the poor as a welcome “first step”.