As I have written in a previous blog post, we have begun the New Year on a rather dramatic note, at least geopolitically. And a lot of these kinds of developments are likely to have serious ramifications on the economic front as well. In fact, geopolitical as well as geoeconomic risks are the greatest risks… Continue reading What We Can Expect from the Global Economy in 2026
Through all the confusion and chaos wreaked on the global economy with US tariffs and the wars still raging, one subject that missed global attention in 2025 is climate change. The fact that the COP30 Summit was held in November 2025 should have helped matters and concentrated minds, but apparently it was a disappointing conference.… Continue reading Why COP30 Copped Out on Fossil Fuels
The year is ending with Trump doing a whistle-stop tour of several Asian countries – Southeast Asian and East Asian this time – signing several trade agreements along the way. Of course, the highlight at the ASEAN conference in Malaysia was the peace agreement between Cambodia and Thailand, one of Trump’s many showpiece peace treaties… Continue reading Asia Becoming Theatre of US-China Competition
It was too good to be true. China’s economic growth powered by its exports sector delivered annual rates of real growth between 10% and 14% for years together in the 1980s and 1990s. Something the world watched with awe and admiration, as the Middle Kingdom surged to become the world’s second largest economy in GDP… Continue reading Are the Chickens of China’s State Capitalism Coming Home to Roost?
There is no excerpt because this is a protected post.
More than half of 2025 is over and we’re almost about to enter the last quarter of the calendar year. It’s time to assess which way the global economy is headed because the last time I wrote about it, it was just after the IMF and World Bank Group Spring Meetings in the US in… Continue reading Which Way Go-eth The Global Economy?
A few days after Trump’s 50% reciprocal tariffs on India – including penalty for buying Russian oil and defence equipment - went into effect, the country announced its GDP numbers for Q1 of FY26, and did they surprise us all. It was almost like a rejoinder to Trump calling India “a dead economy”. But trade… Continue reading Why The Indian Economy Needn’t Be Tarrified
It’s been a long time coming. From Trump’s first term in office as US President, when he waged a tariff and trade war targeted primarily at China, the world has been in a tread-and-trade-carefully mode. Now that he is back for his second term, he is doubling down on his unfinished agenda, of taking the… Continue reading What the Post Trump-Tariff World Economic Order Looks Like
It’s been six months and more since India had been anticipating increased tariffs on exports to the US in Trump’s new term as US president, and yet there was no reporting on it in the Indian news media, except to keep harping on the fact that India could attract 26% reciprocal tariffs. The Indian government… Continue reading Bolstering India’s Independence in Tariff Negotiations with US
At a time when India seems to be scaling new heights at least in GDP rankings globally, there couldn’t have been a timelier book on India and its place in the world than The Golden Road. William Dalrymple’s latest book, The Golden Road: How Ancient India Transformed the World attempts to tell the story of… Continue reading Dalrymple’s Golden Road Dazzles, But Lacks Depth
Peripatetic Perch 