Deccan Herald | Time for Structural Reforms

The World Economic Outlook brought out by the IMF in April did not project an optimistic economic scenario for the global economy. The world economy is estimated to grow at 3.2 per cent in 2024 and 2025, which is the same rate as it was in 2023. Read the full article here.

ThePrint | Army caught between religious & constitutional values. Defend secular, apolitical nature

Since Independence, the Indian Armed Forces – particularly the Indian Army – have had to navigate the socio-cultural minefields thrown up by the vagaries of domestic politics and religions. The Constitution provided the beacon that illuminated the path ahead. A beacon designed on the belief that maintaining an apolitical institutional character and secular outlook would sustain and defend India’s integrity. The foundation of this secular outlook was rooted in the embracement of the encultured notion that the military institution had no religion and the equivalent of its holy book was the Constitution. But such an institutional belief was subject to being shaken by the crosswinds of India’s religious diversity. Read the full article here.

The Diplomat | New Energy Competition: It’s Politics First for Both US and China

Both China and the U.S. are looking to tariffs and other trade barriers to protect their clean energy industries. The outcome is likely to be a more protectionist world economy. Read the full article here.

The Hindu | India-China consumption comparison

In 2023, India surpassed China to become the world’s most populous country. The development came against the backdrop of a declining birth rate (6.4 births per 1,000 people) and total fertility rate (~1%) in China. China also recorded a negative population growth rate for the first time in six decades. This means a rising dependency ratio, which is projected to increase over time. In contrast, India’s population, despite reaching replacement levels (total fertility rate of 2.1), is expected to grow and peak around 2060. Read the article here.

Mint | The carbon emissions of war put humanity’s right to exist at risk

The regional head of a well-regarded global philanthropic foundation recently told me that his board had decided to exclusively focus on funding causes concerned with combating climate change. Knowing that it had previously supported work on nuclear disarmament and international security, I asked why those problems were no longer of interest to the foundation. His reply left me bemused. Climate change, he told me, is a long-term existential threat to humanity. Read the full article here.

The Quint | Wealth Tax: The Rich Are Ready To Shell Out. Can the Government Enable Means?

Finance Minister Nirmala Sitharaman recently addressed the concept of "Robinhood Economics", emphasising the importance of wealth creation over redistribution. Her remarks come amidst a broader debate sparked during the Indian election campaign regarding the potential implementation of wealth and inheritance taxes to address economic inequality. In an era marked by widening economic disparities and mounting calls for social justice, the debate over wealth tax and inheritance tax has ignited fervent discourse on the role of taxation in fostering economic equity and bolstering social security.

By Arindam Goswami

Read the full article here.

Takshashila Blog | Strategic Tides and Regional Dynamics: The China-Bangladesh Military Engagements

In the past decade, China’s military engagements with South Asia, particularly Bangladesh, have increased rapidly and garnered major attention. Beyond economic and infrastructure investments, China has progressively ventured into the realm of arms trade and has established itself as a major player among these states. This analysis explores the significant arms transactions between China and Bangladesh from 2010 to 2022, along with recent developments that illustrate the evolving dynamics of their relationship. It also examines the broader implications of these interactions for China's strategic posture within South Asia. Read the full article here.

Transitions Research | Why AI Governance Must Contend With Semiconductor Geopolitics

The entire AI value chain (also known as the AI technology stack or life cycle), from data and algorithms to computing infrastructure required for training and deployment, is critically dependent on semiconductors. Different kinds of chips like CPUs, GPUs, FPGAs and specialised ASICs, form the substrate that enables the creation and operation of AI systems. As AI systems become more sophisticated and ubiquitous, efforts to create robust governance frameworks to ensure their safe, ethical and responsible development and deployment have emerged and accelerated. Multilateral efforts like the OECD’s AI Principles and the Global Partnership on AI, etc., are important initiatives. However, any serious effort to govern AI must also grapple with the complex geopolitical and geo-economic dynamics of semiconductors. Read the full article here.

New Indian Express | Feeling hot, hot, hot? How India's cities can keep the mercury at bay

In January this year, data from two leading global organisations told us what we already sort of knew — that 2023 was the hottest year on record, and 2024 could potentially be worse. America’s National Aeronautics and Space Administration (NASA) and Europe’s Copernicus Climate Service simultaneously published data that should alarm the most hardline of global warming sceptics. Two months later, the World Meteorological Organization (WMO) published its independent study that confirmed the NASA and Copernicus conclusions. Read the full article here.

ThePrint | What are China’s intentions in building Shaksgam Valley road? Not security, look to politics

China’s road-building capability and intentions in the Himalayas were highlighted recently through a post on X by researcher Nature Desai. Utilising satellite imagery, he argued that China has built a road across the Aghil Pass, located at a height of 4,805 m, and entered the lower Shaksgam Valley. The roadhead is now less than 30 miles from the Siachen Glacier. This triggered speculation in the Indian media about China’s intentions and capabilities regarding the potential collusive threat posed by China and Pakistan to India’s defences in the Siachen Glacier region. Read the full article here.

Hindustan Times | A self-harming stance on digital trade tariffs

India was at loggerheads with the developed nations and China at the World Trade Organization’s (WTO’s) 13th Ministerial Conference (MC-13) in Abu Dhabi earlier this year. India’s resistance to extending the moratorium on tariffs for digital trade was one point of divergence. This stance is counterproductive, and likely to hurt India’s most promising sector. Read the full article here.

CSIS Interpret | The Belt and Road Initiative at 10: Regional Perspectives on China’s Evolving Approach

No official Indian delegation attended the 2023 Belt and Road Forum, which was held in Beijing in October. This has been the pattern since the first forum was held in 2017 to expand cooperation around China’s Belt and Road Initiative (BRI). However, unlike the past two events, Beijing did not extend an invitation to New Delhi this time around. This offers a glimpse into the state of the bilateral relationship, which has been on a downward spiral since 2017. Read the full article here.

The Free Press Journal | Why The Young American Vote Won’t Impact Biden

Several leading American universities at present are under siege by two things: 1) Students, and 2) The shortsightedness of their managements, who have abdicated administrative responsibilities and handed them over to law enforcement. Following nationwide protests against the Israeli military offensive in Gaza that has left nearly 35,000 Palestinians dead, universities around the US allowed the police to take action against their students. In some cases, like Columbia University in New York, administrations have cancelled graduation ceremonies, locked up hostels and dorm rooms, and cancelled all classes, leaving thousands of students in the lurch. Read the full article here.

Firstpost | With Taiwanese President Lai Ching-te set to assume office, China's woes will only exacerbate

With newly elected Taiwanese President Lai Ching-te set to assume office on May 20, there is intense speculation surrounding China’s potential response to the event. In anticipation of an aggressive response, Tsai Ming-yen, Director-General of Taiwan’s National Security Bureau, announced on May 1 that island authorities will be implementing measures to strengthen national critical infrastructure. Aiding the island’s overall defence posture, on April 24, United States President Joe Biden has also signed a bill to mobilise $8 billion in defence aid to the Indo-Pacific in general and Taiwan in particular. With neither the US nor China backing down on their respective positions on the Taiwan issue, these developments add fire to the already deteriorating cross-Strait dynamics. Read the full article here.

Loksatta | महाराष्ट्रात जैवतंत्रज्ञानासाठी स्वतंत्र खाते हवे!

भारतीय जैव-अर्थव्यवस्थेत महाराष्ट्राचे सर्वाधिक योगदान आहे. महाराष्ट्रामुळे देशाच्या जैव-अर्थव्यवस्थेत ३७ अब्ज डॉलर्सहून अधिक रकमेची भर पडते. हे प्रमाण २७ टक्के आहे. म्हणजेच सापेक्ष मूल्य आणि प्रत्यक्ष मूल्याच्या या दोन्हींमध्ये देशाच्या जैव-अर्थव्यवस्थेत महाराष्ट्र अव्वल आहे. याचे प्राथमिक कारण म्हणजे आपले हे राज्य जैवविविधतेच्या दृष्टीने समृद्ध आहे – ७२० किमीचा समुद्रकिनारा, नऊ जैवविविधता वारसा स्थळे, विविध वनस्पती आणि प्राणी अशी जैवविविधता संपदा महाराष्ट्राला लाभली आहे.

Read the full article here.

Mint | America is not yet declining but appears willing to let itself down

I spent the mid-2000s arguing why Indian foreign policy must make a decisive shift towards the United States. The shadow of the Cold War had not yet dissolved and memories of US support for Pakistan’s proxy war were still alive in the minds of the country’s strategic establishment. The Vajpayee government had initiated a shift in thinking after the 1998 nuclear tests and prime minister Manmohan Singh was pushing for a major breakthrough in the form of a nuclear deal. Read the full article here.

Nikkei Asia | Xi Jinping's vision of war seen in creation of 'Information Force'

The latest restructuring of China's People's Liberation Army has put a spotlight on President Xi Jinping's concept of information as a central element of modern warfare. The reorganization, unveiled on April 19, has broken up the PLA's Strategic Support Force (SSF), formed only eight years ago, into an Aerospace Force, a Cyberspace Force and a new Information Support Force (ISF). Read the full article here.

Firstpost | What SSF’s disbandment tells us about Chinese policymaking under Xi Jinping

Chinese President Xi Jinping’s concentration of power over the past decade has heightened concerns about the efficiency and flexibility of policymaking in China. Three questions have been key to this discourse. First, has concentration of power and centralisation of decision-making enabled breaking through bureaucratic and vested interests to enact changes? Second, what has been the impact of centralisation on the flow of information within the system, particularly to the top leader? Third, has centralisation of power led to greater rigidity in policy thinking and implementation, resulting in the persistence of evidently adverse choices? The recent decision to disband the People’s Liberation Army (PLA) Strategic Support Force (SSF) and create three specialised arms offers an interesting case study in this context. Read the full article here.

The Times of India | Happiness from subsidy: It’s complicated by factors such as neighbour’s envy

I am a relatively poor man. Govt does a lot for me. Or at least in my name. In Bengaluru, for example, govt has kept the price of water low, so that I can afford it. Though it costs them roughly Rs 100 a kilolitre to provide, they charge everybody only about Rs 10 and give a subsidy to cover the rest. Honourable intentions, no doubt, for which I am sincerely grateful. What hurts me a little bit is that my supremely rich neighbours also use this subsidy in large amounts. To wash their grand cars and water their sprawling lawns. Read the full article here.

The Diplomat | Blinken’s China Visit: Has Rapprochement Run Its Course?

In the past two years, the United States and China have been riding a wave of hyper-diplomacy in a bid to turn down simmering tensions between the two sides. An already tense relationship has been repeatedly pushed to the edge by events such as then-House Speaker Nancy Pelosi’s visit to Taipei in August 2022 and the “spy balloon incident” of February 2023. Read the full article here.