Within a fortnight after announcing a trade deal with the EU, the Indian government announced its entry into a “framework agreement” on trade with the US—a precursor to an “interim agreement” and a subsequent full-fledged bilateral trade agreement. Both “trade…
Leaders of both parties to the recently finalised Free Trade Agreement between the European Union and India have hailed the deal as historic, with the European Commission President Ursula von der Leyen even hyping it as the “mother of all…
Developed country bond markets are behaving oddly. Government bond prices are falling because holders are leaning towards offloading the debt instruments, and new buyers are more circumspect. Given that government bonds promise to make payments that are a fixed proportion…
Georg Lukacs, the renowned Marxist philosopher had once remarked that “even the worst socialism was better than the best capitalism”. That remark made in 1969 and repeated in 1971, no doubt on the basis of Lukacs’ perception of actually existing…
Liberal opinion is invariably opposed to “nationalism”. It treats “nationalism” as a homogeneous term that necessarily entails a non-friendly, non-accommodative and rivalrous attitude towards other countries. This view however is completely erroneous; anti-colonial third world nationalism is entirely different from…
West Africa, which had been largely under French colonial rule, never saw decolonisation of the sort that India did. For a start, the erstwhile French colonies’ currency continued to be linked to the French franc at a fixed exchange rate,…
The recent meeting of the Forum on China-Africa Cooperation (FOCAC) held in Beijing in the first week of September was an important indicator of a new phase in Africa-China economic relations. These reflect both the changing internal dynamics in China…
For the French elections which Emmanuel Macron has called in the wake of the impressive showing by the Far-Right in the European parliamentary polls, four parties on the Left, the Communists, the Socialists, the Greens, and France Unbowed (of Jean-Luc…
There has been a significant diffusion of production occurring in the world economy. Many call this phenomenon a shift from a US-led world economy to a “multipolar world economy”, but no matter what one thinks of this description, the fact…
Each strand of political praxis is informed by a political philosophy which analyses the world around us, especially, in modern times, its economic characteristics. On the basis of this analysis, the particular political philosophy sets out the objectives which have…
