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 and Ylli Bajraktari
The United States and India now have a major opportunity to cooperate more closely on AI. But they must move beyond the rhetoric of shared values to building shared infrastructure.
By Shayak Sengupta & Rama T. Ponangi
India’s nuclear isolation came to an end with the help of civilian nuclear deals with the United States and its allies. Yet Russia has more influence on the Indian nuclear power market.
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