Trade engine shifts down just as global growth needs a boost

Policymakers scrambling to keep the world economy from settling into the 'new mediocre' of sluggish growth can no longer rely on global trade to do the heavy lifting. International trade helped the......

The G-20, power, and ideas

The dispersion of global economic power augurs well for the role of ideas in policy-making, says Arvind Subramanian. The wobbly West and the rising rest. That is now the context to all gatherings......

India and China data fuel rise in optimism

India's manufacturing sector grew in April for the first time in five months, spurring hopes of an end to falling growth estimates and contracting exports. Meanwhile, the purchasing managers' index......

India and its economic entanglements

"China will be a great power, but India will just be a great democracy," pronounced Lord Meghnad Desai. Suppose that India wants to defy Lord Desai's prophesy and acquire Great Power status.......