INTERNATIONAL  INSTITUTE FOR SOCIAL AND ECONOMIC STUDIES 

Modi outlines strategy to fight Covid-19

03.04/2020

Published with the kind permission of the author

A national strategy to tackle the coronavirus pandemic has appeared, finally. Prime Minister Narendra Modi’s interaction with state chief ministers on Thursday becomes the first milestone in a challenging journey ahead. 

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'A perfect storm': US facing hunger crisis as demand for food banks soars

03.04/2020

Food banks are reporting unprecedented demand across the US as millions lose jobs, investigation shows

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An unprecedented number of Americans have resorted to food banks for emergency supplies since the coronavirus pandemic triggered widespread layoffs.

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COVID-19 Should Make UsRe-imagine the World Order

29.03/2020

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As a bio-security crisis brings theworld to a brink, the dominantneo-liberal vision of world ordermust be displaced by a humaneglobalism and institutions thatactually supply public goods.

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Cutting edge financial solutions imperative for Russian-Indian trade & investments

28.03/2020

Published with the kind permission of the author

As India gears up to become a 3-trillion-dollar economy in the current year and a 5-trillion economy by the year 2024, all major powers of the world compete to announce the development of relations with India to be one of their main priorities. 

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Coronavirus - Le sanzioni uccidono, anche l'economia italiana

28.03/2020

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La pandemia del Covid-19 ha ormai superato i confini di qualunque stato: l'Italia è al momento uno dei paesi maggiormente colpiti da quest'emergenza, avendo il più alto numero dell'intero pianeta di persone decedute in relazione alla pandemia. Tuttavia, in numerosi paesi già provati dalla guerra economica così come dalla guerra propriamente detta, la pandemia rischia di assumere proporzioni addirittura peggiori. L'emergenza sanitaria rischia di produrre conseguenze particolarmente gravi soprattutto nei paesi sottoposti a misure unilaterali di sanzionamento economico, misure che, indirettamente, si ripercuotono in modo negativo anche sulla complicata situazione economica del nostro paese.

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Reflections on the pandemic

26.03/2020

PROF. LAL MONTHLY „BUSINESS STANDARD“ COLUMN 

Published with the kind permission of the author

We need a national survey of the incidence of coronavirus by testing a representative sample of population, not lockdowns 

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Economic policy should bridge the gap between the brutal downturn and eventual recovery

25.03/2020

Income support to most vulnerable is key. India cannot complain that it does not have the fiscal space or infrastructure to provide it.

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Coronavirus and the hopeful, healing message of the Persian New Year (Norouz)

21.03/2020

To all our family and friends, 

This is Norouz as it has always been: Happy Norouz- Celebrations, Exchange of Gifts, Hugs and Kisses, Festive foods, Joy, Happiness and much more. 

But this year, it is very very different.

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Trump samples democratic socialism. Hmm, it’s good.

19.03/2020

Published with the kind permission of the author

US President Donald Trump at the White House announced that he signed into law the Families First Coronavirus Response Act, Washington, March 18, 2020 

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In the coronavirus crisis, our leaders are failing us

14.03/2020

It need not be this way but one of the most disastrous weeks in the history of global medicine and global economics has ended with country after country retreating into their national silos. They are fighting their own individual battles against coronavirus and in their own way. 

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L’intesa Roma-Parigi e le incertezze italiane

13.03/2020

Dopo il vertice tra le rappresentanze italiane e russe del 18 febbraio, l’incontro svoltosi a Napoli lo scorso 27 febbraio tra le massime autorità di Francia ed Italia è stato l’ultimo appuntamento internazionale di primo piano a svolgersi nel nostro Paese prima dell’inizio dell’emergenza da Covid-19. Con il vertice partenopeo, durante il quale sono stati firmati importanti accordi, Roma e Parigi hanno inteso quantomeno mettere temporaneamente da parte la tradizionale litigiosità delle proprie relazioni. 

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Reassessing Trump visit after the euphoria

09.03/2020

It is not the intention in this paper to repeat the take-away from the recent visit of the US President, Mr. Donald Trump. These have been covered extensively in the electronic and print media. What is being discussed below are some of the more important aspects that require deeper analysis.

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Prognostications about the US elections

28.02/2020 

PROF. LAL MONTHLY „BUSINESS STANDARD“ COLUMN 

Published with the kind permission of the author

There could be two out-of-the-box announcements ahead of the election to outline the Republican policy in Asia

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America in Distress: The Challenges of Disadvantageous Change

23.02/2020

America in Distress: The Challenges of Disadvantageous Change 

Remarks to the Watson Institute for International and Public Affairs 

Ambassador Chas W. Freeman, Jr. (USFS, Ret.)

Senior Fellow, Watson Institute, Brown University

20 February 2020, Providence, Rhode Island

The 21st century arrived belatedly – but with a bang – on September 11, 2001, when aircraft repurposed as improvised cruise missiles blew up the World Trade Towers and part of the Pentagon. In the two short decades since the shock and awe of that attack, most of the previous century’s American efforts to bolster peace and prosperity have been undone. Gone are the constraints on the strong bullying the weak provided by international law, multilateral institutions, and plurilateral and bilateral commitments to mutual aid and cooperation. The norms that long moderated international and domestic behavior have been largely erased. Incivility is now ubiquitous.

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Has the World Economy Reached Peak Growth?

15.02/2020

Whether or not the 2010s were a "lost decade," one thing is clear: many countries fell short of their potential, possibly squandering their last best shot of registering strong GDP growth. In the decade ahead, demographic realities will catch up to China and the West, and the world will need a productivity miracle to offset the effects.

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Towards a new‘road to serfdom’?

11.02/2020

PROF. LAL MONTHLY „BUSINESS STANDARD“ COLUMN

The classical liberal order is under threat from ‘woke’ progressives

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A Long Budget but Short in Content

01.02/2020

Published with the kind permission of the author 

The challenge of budget making is to take enough from the 15% of the population (about 200 million or 40 million households) liable for direct taxes without dis-satisfying them too much - these are the ones you mostly see on TV groaning, moaning and wanting more. 

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Parag Khanna:“Our Asian Future ”

28.01/2020

Published with the kind permission of the author 

Parag Khanna’s book „Our Asian Future ”has just been discussed in the German TV magazine ttt. He is US-Indian and lives in Singapore. He is a supporter of meritocracy. Here is the FOCUS interview with Parag Khanna with his main theses. 

The Asian century is not the first time a topic, but is now becoming more acute and obvious. In my view, he correctly describes some economic trends. The thesis that Asia is now an independent system that has developed further since the 2008 financial crisis, which was essentially a Western crisis, is only partly correct, but not wrong in the tendency. Also, that the USA will not prevent China from becoming a high-tech power through its trade wars. partly because most of China’s hi-tech imports now come from Asia. My fear is rather that the United States, perhaps already under Trump, will start a Sino-American war because they see no other way to stop or change this historical trend in any other way, but I hope my fears don’t become true and that I’m wrong.But is his thesis that Asia is now an independent „system“ that has developed further since the 2008 financial crisis, which was essentially a Western crisis correct as India doesn´t want to become a member of the RCEP beyond BRICS and the SCO? Will there be an Asian Union or Eurasian Union or something comparable? Or will the trend be as in the 20s and 30s when Panasianism was emerging but ended in Japan´s Great Prosperity Sphere and WW2?

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Fears over the Citizenship (Amendment) Act are unfounded

17.01/2020

The huge hullabaloo over the CAA is difficult to understand unless it is a cynical campaign to rouse communal passions under the garb of protecting the secular nature of the Constitution. 

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Containing China

04.01/2020

PROF. LAL MONTHLY „BUSINESS STANDARD“ COLUMN

Access to American savings through the US securities marketsprovides China a lifeline without having to deal with its debt trap 

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