South Asia

Grameen Bank: Dignity, Empowerment and Development

Professor Muhammad Yunus' 2006 Nobel Peace Prize citation was richly deserved. In Grameen Bank, Yunus devised a way of providing finance to the most marginalised groups in society who could never approach banks for loans, a model widely admired and emulated throughout the world. 


Is the LTTE's military capability declining?

There now appears to be a flicker of hope for peace to return to Sri Lanka, with both the government and the LTTE agreeing to hold long awaited talks in Geneva from 28-30 October 2020.


The Bay of Bengal: Ignored or Indispensible?

The Bay of Bengal impinges far less on the geopolitical consciousness of Southeast Asia and its policymakers than the South China Sea and the adjacent Gulf of Thailand. Yet both maritime zones are part of the same vast conveyor belt of seaborne trade that runs between the Indian and Pacific oceans.


India's tryst with Special Economic Zones

With the collapse of the Doha Round, it is likely that member countries of the WTO will pursue bilateralism with a renewed fervour. Given its history with SEZs, and the experience of other SEZs in place all over Asia, India cannot be better placed to assess the concerns and implications its latest SEZ drive could herald.


The US-India Nuclear Deal: An Error of Exception?

The India-US nuclear deal has been hailed as the "cornerstone" of deepening strategic relations between the two countries. With a thumping victory at the House of Representatives, it moves a step closer to approval, and to shaking the international non-proliferation order. We explore the validity of the main justifications offered by supporters of the deal in framing India as an exceptional case, warranting this exceptional measure.


Indian Companies Going Global

For last few years, with more of India Inc venturing abroad in software, biotechnology, automotive and oil sectors, India is fast dropping its tag of being a FDI destination and is emerging as a major foreign direct investor. The value of actual Indian investments abroad has increased from US$ 319 million to more than US$ 1450 million between 1999 to March 2004. In 2003, there were 1229 approved overseas investments by Indian firms, up from 395 deals in 1999. Between April-November 2004 the total number of such deals done by Indian companies abroad were 793. According to UN Conference on Trade & Development (UNCTAD), India’s ranking improved from 80 to 54 during 1990 to 2004 in terms of outward FDI performance index covering 132 economies.


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