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Thought Leadership/India-US Relations
Global TrendsGlobal Indexes
World Affairs
Foreign Direct Investment
U.S. International Trade
Outsourcing/Offshoring
Country Reports and Studies
Culture
Miscellaneous
Thought Leadership/India-US Relations
The
United States and India: A Vital Partnership in a Changing World Remarks of William J. Burns, Deputy
Secretary of State at Center for American Progress, Washington, DC on October
26, 2012
Speaking of the growing convergence of America’s
and India’s interests and values, Secretary Burns outlined several areas of
strategic and people-to-people cooperation between the two nations.
Joint Statement on the Third U.S.-India Strategic Dialogue June 13, 2012
Launched in July, 2009, by
the U.S. Secretary of State Hillary Clinton and India’s External Affairs
Minister S.M. Krishna, the U.S.-India Strategic Dialogue brings
together the oldest and most populous democracies annually to guide a broad
range of collaborative activities, and consultative dialogues. The
"Dialogue" includes several departments from the two nations, and
covers economic, political, social, defense, security, and other issues. Last
year, the Dialogue was held in New Delhi, and this year it is being held in
Washington D.C. in mid-June. India’s Minister of External Affairs Shri S.M. Krishna and U.S.
Secretary of State Hillary Rodham Clinton met in Washington, DC, on June
13, 2012, for the third annual U.S.-India Strategic Dialogue. The
leaders reflected on the remarkable expansion and growth of the
bilateral relationship since the inaugural Strategic Dialogue in 2010.
They committed to further broaden and deepen the U.S.-India global
strategic partnership and charted a vision for the future, centered on
promoting shared prosperity, peace, and stability. Click on the link above to read the Joint Statement issued at the end of the third US-India Strategic Dialogue.
United States and India: Fast Facts U.S. Department of State June 2012 Click on the link above to see some latest information on U.S.-India relationships.
Devesh Kapur, University of Pennsylvania
East Asia Forum
April 5, 2012
India has had lackluster innovation performance when
viewed in terms of conventional measures (such as new product introductions and
number of patents). However, sources point out that India seems to be brimming
with boundless creative energy. In this article, Devesh Kapur explores the nature
of creativity and innovation, and asks: What is the nature of this creativity and innovation and
what are its sources? Why is India doing well on some (less conventional)
indicators of creativity but much less well on more conventional measures?
Wendy Sherman, Under
Secretary for Political Affairs U.S. Department of State
at American Center, New Delhi, India
April 2, 2012 Remarks presented by Ambassador Wendy R. Sherman in New Delhi on April 2,
2012, representing the latest policy statement by the Administration on
U.S.-India partnership for the 21st century.
Robert S. Metzger, Rogers Joseph O'Donnell
Indian
Defence Review, Vol. 2 27.2
Apr-Jun 2012 As
a rising power, India already has assumed important responsibilities for
regional security. Its role and prominence will grow, as will its defence
expenditures. The United States is paying special attention to India. The 2012
US Defence Strategic Guidance explicitly acknowledges the necessity to
‘rebalance’ US security resources towards the Asia-Pacific region, as the
withdrawal of US combat forces from Iraq and Afghanistan proceeds. India is the
only country that the US has specifically identifies as a key strategic
partner. Since 2001, India’s defence spending has risen by more than 60 per
cent to $36 billion in 2011 - 2012. Between the years 2007 and 2011, India
signed $35.6 billion in defence contracts. Some forecasts project $100 billion
in military purchases over the next ten years, of which 50 per cent (or more)
may be sourced from foreign vendors.
Council on Foreign Relations and Aspen Institute India
September 2011 The Council on Foreign Relations and Aspen Institute India co-sponsored a
U.S.-India Joint Study Group to address the most important geopolitical and
geoeconomic issues facing the United States and India: the rise of China, the
conflict in Afghanistan, the future of Pakistan, the turmoil and transition of
the Middle East, climate change and energy technology collaboration, economic
cooperation, and opportunities for defense partnerships. In each of these
areas, study group members looked for ideas and policies that push the
relationship forward. The study group chairs were Robert D. Blackwell and
Naresh Chandra, with Christopher Clary as Rapporteur.
A "Work in Progress" - The
Evolving U.S.-India Defense Supply Relationship
Robert S. Metzger, Rogers Joseph O'Donnell
Sanjay J. Mullick, Pillsbury Winthrop Shaw
Pittman LLP
Indian Law News (pp. 1, 6-13)
Summer 2011
As a rising power, India projects to spend $80
billion, or more, on defense capital acquisition over the next five
years. Sales from foreign OEMs create enormous offset obligations which
must be satisfied by purchases of Indian supplies and services. India thus
represents an attractive market for US companies, both to supply defense goods
directly and to partner with Indian companies. The article examines the
principal mechanisms for defense supply to India, key offset issues and
identifies challenges for would-be suppliers. Taking a balanced view, the
article identifies key constraints and recommends actions for the governments
of the U.S. and India.
See also pp. 2-4 for an introductory article on
"The Indian Defense Procurement Market" by guest editors William R.
Black and Guneet Chowdhary, as well as other articles on India's defense
procurement market, in this special issue of Indian Law News.
The Breakout of China-India Strategic Rivalry
in Asia and the Indian Ocean
Francine R. Frankel, University of Pennsylvania
Journal of International Affairs, Spring/Summer 2011
Submerged tensions between India and China are
pushing to the surface, revealing a deep and wide strategic rivalry over
several security-related issues in the Asia-Pacific area. China’s more aggressive
claims to India’s northern border and the entry of Chinese troops and
construction workers in the disputed Gilgit-Baltistan region have escalated the
conflict. Rivalry between China and India in the Indian Ocean, now expanded to
China and the United States in the Pacific, is solidifying an informal coalition
of democracies in the vast Asia-Pacific area, and India’s balancing role is
welcome within ASEAN.
Want a New Map of Asia? Include the United States
Satu Limaye
Asia Pacific Bulletin, April 7, 2011
Dr. Satu Limaye,
Director of the East-West Center in Washington, argues that "achieving American
goal requires not a strict definition of ‘big Asia’ but expanded commitment to
the ‘Pacific Principle’ – American diplomatic, economic, and security
engagement across the Pacific to Asia. The most meaningful and useful map of
Asia must now include the United States.”
The Future of Strategic
Partnership Between the United States and India
Senator
John McCain
Carnegie
Endowment for International Peace
November
5, 2010
In
his speech at the Carnegie Endowment, Senator John McCain said: "The
emergence of a strategic partnership with India has been one of the most
consequential bipartisan successes of recent U.S. foreign policy.”
Read
the full text of Sen. McCain’s remarks
Listen
to his speech
India Rising
A Special Feature in the Foreign Policy Magazine
November 5, 2010
The Foreign Policy magazine carried a special feature in their November issue, on the eve of President Barack Obama's historic visit to India (and three other Asian countries). Of the four countries he is visiting -- India, Indonesia, Japan, and South Korea -- "it's India that inspires the most hope among American strategists" according to the magazine. The feature has the following articles by the world's top experts on South Asia, two of which were contributed by our Advisory Board members (Professors Arvind Panagariya and Sumit Ganguly).
Whispers Behind the Welcome
By Sadanand Dhume
New Delhi's Grand Strategy
By C. Raja Mohan
India's Unfinished Business
By Arvind Pangariya
We Need an Indian Civilian Surge
By Richard Fontaine
New Delhi Surprise
By Sumit Ganguly
Weak Ties
By Anja Manuel
Richard L. Armitage, R. Nicholas Burns, Richard Fontaine
Center for a New American Security
October 2010
The economic, political, and military rise of India is reshaping world politics and promises to make India both a true global power and one of the most important bilateral partners of the United States. This report, authored by former Deputy Secretary of State Richard L. Armitage, former Under Secretary of State for Political Affairs R. Nicholas Burns and CNAS Senior Fellow Richard Fontaine – and endorsed by over 20 esteemed foreign policy experts - provides a blueprint for the path forward for this critical relationship.
N-Power to Brainpower
Amit Mitra, Hindustan Times, October 23, 2009
http://www.hindustantimes.com/StoryPage/Print/468167.aspx
Long after the signing of the civil nuclear agreement between the United States and India, the U.S. continues to follow a technology-denial policy toward India. India needs the transfer of clean coal technology, coal-gasification technology, smart grids and other energy efficient and green breakthroughs from the US. The author, Secretary General of the Federation of Indian Chambers of Commerce & Industry, recommends an "ideal swap”, whereby India should offer its huge market in exchange for technologyand knowledge from the United States.
India’s Foreign Policy "Software”
Daniel Markey, Asia Policy, No. 8, July 2009
http://www.nbr.org/Publications/Asia_policy/AP8/AP8_Markey_India.pdf
The article outlines significant shortcomings in India’s foreign policy institutions that undermine the country’s capacity for ambitious and effective international action, and proposes steps that both New Delhi and Washington should take, assuming they aim to promote India’s rise as a great power.
Charting New Frontiers: Enhancing India-U.S. Cooperation in the Global Innovation Economy
Pacific Council on International Policy and Federation of Indian Chambers of Commerce & Industry, June 2009
http://www.pacificcouncil.org/pdfs/India_US_task_force_report.pdf
This is an executive summary of the report of a Joint Task Force organized by the Pacific Council on International Policy and the Federation of Indian Chambers of Commerce & Industry. The report takes stock of the challenges and opportunities in US-India economic relations, focusing on the innovation economy in both nations. "Although economic ties have expanded rapidly in recent years, they are far from achieving critical mass. Moreover, even as significant economic sectors in both countries are becoming intertwined, the political climate in the United States and India is turning increasingly against such globalizing forces. Meeting this challenge will require sustained leadership at the highest levels in government and the private sector in both nations.”
Delivering on the Promise: Advancing US Relations with India
Asia Society, January 2009
http://www.asiasociety.org/files/pdf/DeliveryOnThePromise_USRelationsWithIndia.pdf
"Bilateral relations between India and the US have undergone an unprecedented transformation
over the last decade, but the two countries are still learning how to work together in order
to create stronger and more meaningful US-India collaborations on multiple fronts. As both
countries welcome new leaderships to their executive branches within the first half of 2009,
the time is right to take a look at how we can help expand and deepen what we believe will be
among the most important international relations. It is with this basic premise that the Asia
Society’s Task Force on US Policy towards India is making a case for how the world’s oldest democracy
can best engage with the world’s largest democracy… This Task Force Report outlines concise and practical policy recommendations and encourages the Obama Administration to keep India as one of its top foreign policy priorities.” (From the Foreword to the report).
The India Epidemics in the United States
Vinod K. Jain, Economic Times, January 21, 2008
Despite America’s and Americans’ growing interest in India, the author highlights why there is still a good deal of mistrust, misunderstanding, and ignorance about India in the United States, and vice versa. There is already a fair amount of interaction between India and the US in business, economic, and governmental spheres. What is lacking are initiatives to build real understanding between the peoples of India and the US. The author goes on to suggest that building such understanding is a role for all of the players, including academia, business, and the civil society in both countries. The onus is on people in and from India to take the initiative to spread the India message in America.
Global Trends
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Global Trends 2025: A Transformed World
The Final Report of the National Intelligence Council’s 2020 Project, November 2008
This is the fourth unclassified report prepared by the National Intelligence Council’s (NIC’s) 2020 Project in recent years that takes a long-term view of the future. It offers a fresh look at how key global trends might develop over the next 15 years to influence world events. The report is not meant to be an exercise in prediction or crystal ball-gazing. Mindful that there are many possible "futures" (scenarios), it offers a range of possibilities and potential discontinuities, as a way of opening our minds to developments we might otherwise miss.
Mapping the Global Future
The Report of the National Intelligence Council’s 2020 Project, December 2004
This is the third unclassified report prepared by the National Intelligence Council (NIC) in recent years that takes a long-term view of the future. It takes a look at how key global trends might develop over the next decade and a half to influence world events. Mindful that there are many possible "futures," the report offers a range of possibilities and potential discontinuities, as a way of opening our minds to developments we might otherwise miss. The report is not intended to predict the world of 2020, but to better prepare the nation for the kinds of challenges that may lie ahead.
The earlier two reports were titled: Global Trends 2010, and Global Trends 2015. |
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Dreaming with the BRICs: The Path to 2050
Goldman Sachs, 2003
The BRICs Report (2003)
According to this now famous BRICs Report, over the next 50 years, Brazil, Russia, India and China—the BRICs economies—could become a much larger force in the world economy. Using the latest demographic projections and a model of capital accumulation and productivity growth, the report maps out GDP growth, income per capita, and currency movements in the BRICs economies until 2050. The results are startling. If things go right, in less than 40 years, the BRICs economies together could be larger than the G6 in US dollar terms. By2025 they could account for over half the size of the G6. Currently they are worth less than 15%. Of the current G6, only the US and Japan may be among the six largest economies in US dollar terms in 2050.
The shift in GDP relative to the G6 takes place steadily over the period, but is most dramatic in the first 30 years. Growth for the BRICs is likely to slow significantly toward the end of the period, with only India seeing growth rates significantly above 3% by 2050.
BRICs and Beyond
Goldman Sachs, 2007
The book contains a compendium of some of Goldman Sachs’ papers on the BRICs theme, as a follow-up to their first two books, Growth and Development: The Path to 2050, published in January 2004, and The World and the BRICs Dream, published in February 2006. It has three sections:
Section 1: The BRICs
Section 2: Beyond the BRICs
Section 3: The New Global Markets
Beyond the BRICs: A Broader Look at Emerging Market Growth Prospects
PricewaterhouseCoopers, 2006
This report is an update of PWC’s 2006 report, The World in 2050, and provides an update on economic growth projections taking into account the latest available data. The analysis is also extended to include 13 other emerging economies. Added to the 17 largest economies considered in the earlier report, this new ‘PwC 30’ grouping of countries accounts for around 85% of world economic output.
The Rise of the Multi-Polar World
Accenture, 2007
This analysis – based on research by Accenture as well as their experience working with organizations around the world – attempts to identify and understand the forces creating the new era of globalization. The analysis focuses on the fast evolving economic geography of what they call "the multi-polar world.” As with all far-reaching change, this new world brings with it massive opportunity – as well as risk.
The Rise of the Emerging-Market Multinational
Accenture, 2008
This report is second in the series, The Rise of the Multi-Polar World, by Accenture. Emerging-market multinationals (EMMs) – companies based in emerging markets with operations in more than one country – are expanding at a speed and scale to make even the largest Western multinationals take notice. Emerging economies now boast 70 companies in the Fortune Global 500 list of the world’s biggest companies, up from just 20 a decade ago. Within the last year alone nine EMMs joined the Fortune Global 500. They have been expanding and acquiring new businesses at a frenetic pace, conducting more than 1,100 mergers and acquisitions, altogether worth US$12 8 billion in 2006.
The Universe of the Largest Transnational Corporations
This publication is part of a new series of current studies on FDI and development published by UNCTAD. The series aims to contribute to a better understanding of how transnational corporations (TNCs) and their activities impact on development. This report quantifies and analyzes the past and current trends on the degree of internationalization of the largest TNCs as well as TNCs from developing economies. It aims at stimulating discussion and further research on the subjects addressed.
Decoding the Next Billion Consumers: Opportunities for Action
Boston Consulting Group, Nov 2007
http://www.bcg.com/impact_expertise/publications/files/Decoding_Next_Billion_Consumers_Nov_2007.pdf
The one billion low-income consumers in emerging markets spend $1 trillion annually, with up to a third of their spending going for trading up to better products and premium brands. To reach the next billion consumers, companies will need to use newer business models and not rely on stereotypical approaches used for global markets.
High-tech Immigrant Entrepreneurship in the United States
David M. Hart, Zoltan J. Acs, and Spencer L. Tracy, Jr., Corporate Research Board, July 2009
The study, prepared for SBA (Small Business Administration), quantifies the role of immigrants in high-tech entrepreneurship in the United States. The study concludes that companies started by immigrant high-tech entrepreneurs are very important to the U.S. economy, because they account for a disproportionately high share of job creation and economic growth.
Global Competitiveness Report, 2008-2009
World Economic Forum, 2008
The Global Competitiveness Report’s main competitiveness ranking is the Global Competitiveness Index (GCI), developed by the World Economic Forum and originally introduced in 2004. The GCI is based on 12 pillars of competitiveness, providing a comprehensive picture of the competitiveness landscape in countries around the world at all stages of development. The pillars include: Institutions, Infrastructure, Macroeconomic Stability, Health and Primary Education, Higher Education and Training, Goods Market Efficiency, Labour Market Efficiency, Financial Market Sophistication, Technological Readiness, Market Size, Business Sophistication and Innovation.
You can access the full report as well as the Global Competitiveness Index through the link given above.
Doing Business 2010
The World Bank
http://www.doingbusiness.org/
Doing Business provides objective measures of business regulations and their enforcement across 183 economies and selected cities. These relate to regulations for starting a business, dealing with construction permits, employing workers, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and closing a business—as they apply to domestic small and medium-size enterprises. A fundamental premise of Doing Business is that economic activity requires good rules. These include rules that establish and clarify property rights and reduce the costs of resolving disputes, rules that increase the predictability of economic interactions and rules that provide contractual partners with core protections against abuse.
Corruption Perceptions Index, 2008
Transparency International
http://www.transparency.org/policy_research/surveys_indices/cpi
The annual Corruption Perceptions Index (CPI), first released in 1995, ranks 180 countries by their perceived levels of corruption, as determined by expert assessments and opinion surveys.
World Governance Indicators
The World Bank
http://info.worldbank.org/governance/wgi/index.asp
The WGI project reports aggregate and individual governance indicators for 212 countries and territories over the period 1996–2008, for six dimensions of governance: (1) Voice and accountability, (2) political stability and absence of violence, (3) government effectiveness, (4) regulatory quality, (5) rule of law, and (6) control of corruption.
The aggregate indicators combine the views of a large number of enterprise, citizen and expert survey respondents in industrial and developing countries. The individual data sources underlying the aggregate indicators are drawn from a diverse variety of survey institutes, think tanks, non-governmental organizations, and international organizations.
The six aggregate indicators and the underlying data sources can be viewed interactively through the link given above, and you can also download the full dataset for all countries.
WWW Virtual Library: International Affairs Resources
http://www2.etown.edu/vl/
Over 2000 annotated links to high quality English language sources in a wide range of international affairs, international studies, and international relations topics.” Topics include media, organizations, country/regions, business/economics, relations, etc., etc.
World Investment Report 2009
United Nations Conference on Trade and Development (UNCTAD)
UNCTAD publishes the annual World Investment Report, which has a different theme each year. The 2009 WIR shows that, in 2008, investments to developing and transition economies surged, increasing their share in global FDI flows to 43%, while FDI flows to developed countries declined (29%). The 2009 report can be downloaded from the link to the page shown above.
The 2008 report featured FDI and had a focus on the role of transnational corporations (TNCs) in infrastructure development. Many low-income countries need huge investments to improve infrastructure but lack the domestic resources to fund them. Investments from TNCs, along with other forms of TNC involvement, are one way of addressing the shortfall.
World Investment Prospects to 2011: Foreign Direct Investment and the Challenges of Political Risk
Economist Information Unit & Columbia Program on International Investment
The report highlights that global foreign direct investment (FDI) flows over the next five years will be pushed upwards by buoyant growth, competitive pressures and improvements in business environments in most countries. But macroeconomic, regulatory and geopolitical risks will constrain the flows. There are a number of reasons to be optimistic about the medium-term prospects for FDI. These include the ongoing global trend towards better business environments; technological change and the search for competitively priced skills; and sharper global competition pushing companies to seek lower-cost destinations. On balance, most host and home governments will continue to encourage FDI. However, downside risks loom large. These range from the risks emanating from global financial turbulence to a variety of political risks.
"Invest in America” Website
International Trade Administration, U.S. Department of Commerce
Foreign direct investment (FDI) plays a major role in the U.S. economy, both as a key driver of the economy and an important source of innovation, exports and jobs. The United States has always provided foreign investors a stable and welcoming market. As a place to do business, the United States offers a predictable and transparent legal system, low taxes, outstanding infrastructure, and access to the world’s most lucrative consumer market. The site has several resources related to investing in the U.S. and the role of foreign direct investment in U.S. economic growth.
U.S. International Trade |
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U.S. Trade Statistics
International Trade Administration, U.S. Department of Commerce
This page has links to a variety of data on U.S. trade with other countries. Some examples are:
Top U.S. Trading Partners
Ranked by 2007 U.S. Total Export Value for Goods (in millions of U.S. dollars)
Trade Stats Express™
This site provides the latest annual and quarterly U.S. trade data with the rest of the world, by country. Allows you to retrieve, visualize, analyze, print and download your customized output.
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Exports, Jobs, and Foreign Investment
International Trade Administration, U.S. Department of Commerce
This series details the following effects of international trade on all 50 states' economic infrastructures:
- The value of state merchandise exports, major manufacturing industries and markets;
- The number of state jobs in manufacturing and non-manufacturing sectors that are dependent on exports of manufactured goods;
- The number of companies, including small- and medium-sized enterprises (SMEs), that exported from the state;
- The influence of foreign investment on a state's economic infrastructure; and
- The value of exports from a state's major metropolitan areas.
Stat-USA
http://www.stat-usa.gov/tradtest.nsf
A comprehensive source for trade leads and market research. Country Commercial Guides and Market Research Reports are especially useful.
Outsourcing/Offshoring
The Globalization of White-Collar Work: The Facts and Fallout of Next-Generation Offshoring
Booz|Allen|Hamilton
This 2006 report is based on a multiyear survey and panel study on offshoring being conducted by the Offshoring Research Network at Duke University jointly with Booz Allen Hamilton.
Country Reports/Studies
CIA World Factbook
Central Intelligence Agency
https://www.cia.gov/library/publications/the-world-factbook/
US government profiles of countries and territories around the world. Information on geography, people, government, transportation, economy, communications, etc.
Background Notes
U.S. Department of State
http://www.state.gov/r/pa/ei/bgn/
This is a series of short, factual pamphlets with information on the country's land, people, history, government, etc., for practically all countries in the world.
Country Studies
Library of Congress
http://memory.loc.gov/frd/cs/
This series presents a description and analysis of the historical setting and the social, economic, political, and national security systems and institutions of countries throughout the world.
Freedom of the Press
Freedom House, Country Reports
http://www.freedomhouse.org/template.cfm?page=107&year=2008
This global "Survey of Media Independence” rates and ranks each country on its legal environment for the media and political pressures that influence reporting.
Freedom of the Press, Nations in Transit
Freedom House, Country Reports
http://www.freedomhouse.org/template.cfm?page=17&year=2008
Comprehensive, comparative, and multidimensional study of reform in the former Communist states of Europe and Eurasia – tracking the reform record.
Freedom of the Press, Countries at the Crossroads
Freedom House
http://www.freedomhouse.org/template.cfm?page=140&edition=8
An annual survey of government performance in 60 strategically important countries worldwide that are at a critical crossroads in determining their political future.
Human Development Report
United Nations
http://hdr.undp.org/en/countries/
In depth analysis and policy recommendations on a specific and important aspect of international development – annual. Includes statistical factsheets on many of the world’s countries.
Culture
Culture, etiquette, manners, cross-cultural, and cross-national communication have become critical for success in international business and government. Here are some of the best sites on such issues.
Kwintessential Cross Cultural Solutions – Global Guide to Culture, Customs and Etiquette
http://www.kwintessential.co.uk/resources/country-profiles.html
World Business Culture
http://worldbusinessculture.com/
International Business, Etiquette and Manners
http://cyborlink.com/besite/
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Protect Your Intellectual Property: Stop Trade in Fakes
International Trade Administration, U.S. Department of Commerce
Intellectual property rights (IPR) encourage the innovation and creativity that are fundamental to sustained economic growth. This booklet, part of the federal government's Strategy Targeting Organized Piracy (STOP!), provides basic information on how to obtain and enforce intellectual property rights both domestically and abroad. Complete contact information is given for all of the federal agencies responsible for copyright registration, patent and trademark protection, and border enforcement.
Business Ethics: A Manual for Managing a Responsible Business Enterprise in Emerging Market Economies
International Trade Administration, U.S. Department of Commerce
This comprehensive guide provides guidance on how to operate in accordance with modern standards of corporate accountability and ethics in emerging economies to businesses. Designed as a training tool for enterprises operating in countries that have just recently transitioned to a market economy, Business Ethics will also be useful to decision-makers in any organization that is seeking to design and implement a business ethics program that conforms to global standards. |
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