Blog Post
The G20 is not doing enough to support strong, balanced, sustainable and inclusive growth in the wake of COVID-19, with the poorest countries left behind by the recovery.
External Publication
In-depth analysis prepared for the European Parliament's Committee on International Trade (INTA).
Opinion
In its recovery, India will wish to consolidate market access for its export of services to rich countries and make the country’s growing market most attractive to the latest technology.
Blog Post
The G20 Debt Service Suspension Initiative, although a partial success, has been dogged by competing interests and lack of coordination. A further push is needed to solve the coordination problem.
Blog Post
When G20 finance heads meet on 18 July, Europe will again need to lead on the group’s flagship COVID-19 initiative to postpone low-income countries’ debt service payments. For the first time, China has agreed to participate as an official creditor alongside members of the Paris Club. However, continuing lack of clarity on which Chinese creditors will participate, coupled with resistance from private sector creditors to voluntary participation, suggest that actual relief will be much less than originally planned.
Opinion
Rather than risking its soldiers' lives on the border, India should join 'middle power' economic coalitions to address China's behavior.
Opinion
This piece was published the day before India imposed one of the world's strictest lockdowns in its response to the COVID-19 response. It remains relevant in assessing the government's actions in the ten weeks that have since passed.
Blog Post
Much was expected from the meeting of G20 Finance officials earlier this month. In the event the meeting decided on a standstill of the poorest countries’ debt service but failed to agree on a fresh allocation of the IMF's Special Drawing Rights (SDRs). We argue that this is a reasonable outcome under the circumstances even if more could have been done, and that the G20 is again at center-stage in global economic cooperation.
Opinion
India’s economic diplomacy must seek to strengthen a reformed and inclusive multilateralism.