Will RBI’s New Measures Open Forex Floodgates?

By Kavaljit Singh | Briefing Paper # 55 | July 26, 2022

Amid large capital outflows, downward pressure on the rupee and reserve drawdowns, the Reserve Bank of India (RBI) announced on July 6 a slew of measures to attract greater foreign exchange flows to India. “In order to further diversify and expand the sources of forex funding so as to mitigate volatility and dampen global…

Making Sense of the Indo-Pacific Economic Framework

By Biswajit Dhar | Commentary | June 12, 2022

On May 23, the Joe Biden administration took a significant step to turn the clock back to the Obama Presidency by launching its own version of a “pivot to Asia” through the establishment of the Indo-Pacific Economic Framework for Prosperity (IPEF) with other partner countries — Australia, Brunei, India, Indonesia, Japan, the Republic of…

What Comes Next for Agriculture Negotiations at the Twelfth WTO Ministerial Conference?

By Biswajit Dhar | Commentary | June 11, 2022

As has happened throughout the history of the multilateral trading system, agriculture remained mired in controversy in the run-up to the 12th WTO Ministerial Conference (MC12). The twice-postponed MC12 was expected to take several important decisions and to put the negotiations for reforming the Agreement on Agriculture (AoA) back on track, but over the…

The What, Where, How and Why of the Indo-Pacific Economic Framework

By Kavaljit Singh | Briefing Paper # 53 | May 27, 2022

On May 23, U.S. President Joe Biden officially launched the Indo-Pacific Economic Framework for Prosperity (IPEF) in Tokyo. Conceived and led by the United States, the IPEF has 13 founding members, including Australia, Brunei, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. “The future of 21st century economy…