Decades in the making, has India's "moment" come? Are we about to become the Vishwaguru? What about the challenges to "arrive" on the global stage? Can Modi actualize Vasudaiva Kutambham within Bharat as well?
I don't intend this post to be a pitch for Modi. Neither do I want to sound like a Ministry of Information and Broadcasting promotional piece. Rather, my objective is to make a "hard" assessment of where India@76 stands in a "slowing" world. Simply put, the "powers" which powered global growth for the better part of three to five decades are now out of fuel, whereas the Indian Economy has the "stamina" and the will to take over from them. Perhaps this is the intention behind all the Western and Global investors as they "talk up" India.
Photo by Anne Nygård on Unsplash Ever since the Free Market Neoliberal Consensus emerged in the aftermath of the American repudiation of the Gold Standard, the Global Economy has been held together by the "forces" of Globalization, Free Trade, Migration, Cross Border Flows of capital and services, a Bi-Polar superpower rivalry, and above all, low … Continue reading As The Global Economy Comes Unstuck, Can India Be The “Vishwaguru” Savior Of The World?
Morgan Stanley becomes the latest global bank to "talk up" the prospects of the Indian Economy! Adding to the string of positive reviews and future of India@75, MS released a report which predicts the Indian Economy would attain greater heights by 2030. Open any pink mag or business website and scroll to the section on … Continue reading Morgan Stanley “talks up” the Indian Economy! Hello!! Deja vu?? Remember the South East Asian Financial Crisis?
In a week's time, Indian Prime Minister, Narendra Modi will be in Washington for a "historic" state visit, feted equally by President Biden and his administration as well as the "uber successful" Indian Diaspora in the United States. Without taking anything away from the significance of the US-india "special" relationship, it nonetheless raises the question … Continue reading The Biden-Modi Bromance Is Driven Purely By Greed And Naked Self Interest
