Policy Brief


India Woos GCC’s Sovereign Wealth Fund: Policy, Scope and Precautions

In 2007, a small piece of research by Steven Jen generated ripples about the role and significance of Sovereign Wealth Fund (SWF) in the world of finance. The term SWF was coined by Andrev Razanor in 2005, and IMF defined it as “assets held by governments in other country’s currency”. Although, SWF has a history of more than half a century, it gained currency only since 2000. SWFs have been created by the governments for different motives.

Read More

Exploring India – Kazakhstan Transport Linkages

Economic growth in the Asian region and emerging opportunities for interregional trade are creating a demand for viable transport connectivity, land-linking arrangements, and important transit services. However, due to geographical and geopolitical attributes, India and Central Asian countries have been confronted with a range of constraints which have hitherto inhibited a full realization of two-way trade and commerce. The problems of distance have been substantially compounded by the instability factor in Afghanistan and Pakistan.

Read More

Musharraf in a Mess of His Own Making: Autumn of the Patriarch?

A commentator of Pakistani origin in the US, writing in The Wall Street Journal in September 2006, coined a new name for Pakistan, i.e., Musharrafistan. He fell short of saying ‘Musharraf is Pakistan and Pakistan is Musharraf’. At one level, Musharraf had until now established his reputation as the best bet for the US and the West, as a liberal dictator and better-than-the-rest leader within Pakistan, who pulled Pakistan successfully away from the brink.

Read More