Background Paper No. 38
By Jeffrey D. Bean and Dhruva Jaishankar
Background Paper No. 38
By Jeffrey D. Bean and Dhruva Jaishankar
By Udaibir Das
Drawing on the public sector balance sheet literature, the economics of sovereign self-insurance, and the Knightian distinction between risk and uncertainty, this paper argues that conventional sovereign asset-liability management is necessary but incomplete.
Edited Volume
By Rachel Rizzo, Clemens Chay, Kartik Bommakanti, Vasabjit Banerjee, Aleksei Zakharov, Soumya Bhowmick, Arya Roy Bardhan, Jhanvi Tripathi, and Samriddhi Vij
Editors: Sharon Stirling and Eszter Karacsony
By Udaibir Das
More moves of this kind should be expected, extending beyond energy into critical minerals, technology standards, industrial policy, and cross-border finance. The UAE’s decision is not an outlier. It is a marker — not of fragmentation, but of redefinition.
By Dhruva Jaishankar
For countries around the world — whether allies, partners, or competitors of the United States — there are important and immediate questions of how much and to what degree they will accommodate, or hedge against, the United States’ new approach to the world.
By Benjamin Tkach and Vasabjit Banerjee
While India-Taiwan collaboration on submarine technology would represent a step change from pre-existing economic cooperation, improving domestic production capacity necessitates pursuing mutual gains wherever possible.
By Dhruva Jaishankar
For both India and New Zealand, their trade agreement represents, more than anything else, a risk mitigation strategy. Concerned about over-dependence on China and the United States as both producers and consumers — and the failure of multilateral trade negotiations at the World Trade Organization — New Delhi and Wellington have opted to bet on each other and bring a modicum of certainty to an uncertain world.
By Dhruva Jaishankar and Ammar Nainar
Once a quiet backstage function of the armed forces, defence diplomacy has emerged as one of India's sharpest tools of statecraft. From joint exercises and training missions to disaster relief and maritime surveillance, India's military now operates far beyond the battlefield: building trust, shaping partnerships, and projecting the country's strategic interests on a rapidly shifting global stage.
By Julianne Smith and Lindsey Ford
American allies are rapidly transforming their relationships whether Washington likes it or not; these networks can either serve or undermine U.S. interests depending on how Washington engages with them. If the United States fails to reset ties with Asian and European partners, it risks being left on the sidelines of a rapidly changing world order.
By Divyansh Kaushik and Lindsey Ford
The recent bilateral crisis has caused significant damage, but it has not destroyed the fundamental calculation that brought TRUST into being: the United States and India need each other to maintain democratic technological leadership against authoritarian competition.
By Dhruva Jaishankar
A strong transatlantic bond that for almost eight decades had evolved into a highly integrated defense and economic system among the world’s leading industrial economies – institutionalized under the North Atlantic Treaty Organization (NATO) and G7 – now faces new stresses.
By Hsiao-Chen Lin
By pointing out that even Beijing engages with Taipei in similar domains, New Delhi exposed the overreach in China’s narrative. The line was sharply drawn; recognition does not equate to subordination.
By Dhruva Jaishankar
In its diplomacy, India has reprioritized its near neighborhood, extending financial, developmental, and trading benefits to other South Asian countries and revitalizing more productive regional institutions.
By Hsiao-Chen Lin
The evolving scenario between India and Pakistan also serves as a timely analytical lens through which Taiwan can assess its own strategic vulnerabilities and prepare more robustly for future contingencies in the Indo-Pacific theatre.
By Dhruva Jaishankar
For India, navigating U.S. export controls remains a challenge 20 years since the civilian nuclear agreement was signed.
By Dhruva Jaishankar
Learnings from Delhi’s past should help in shaping the future as India bets big on new critical technologies.
By Dhruva Jaishankar
The EU and India both have apprehensions about China’s economic and manufacturing supremacy threatening employment and businesses at home.
By Dhruva Jaishankar
Trump and Modi announced a wide-ranging agenda to take the bilateral relationship forward. It included efforts that built upon the progress made during the Biden administration, particularly in terms of technology, defense, and regional cooperation.
By Dhruva Jaishankar
Understandably, Germany will be preoccupied in the short term with Europe’s eastern and southern flanks, the transatlantic relationship, and the Middle East, but Berlin has important economic and security interests in the Indo-Pacific.
By Vivek Mishra
Indian leadership must remain cautious as "America First" will loom heavy on Trump's foreign policy. As transfer of technology is of high priority for India in defense collaborations, elements of this sector will likely be at odds with Trump’s agenda.
By Vivek Mishra
As India and CARICOM prepare for the next summit, this partnership promises to be a cornerstone of India’s expanded global engagement in the years to come.
Observer Research Foundation America, 1100 17th St. NW, Suite 501, Washington DC 20036 USA