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Geo-economics and Strategy

Geo-economics and Strategy

With many Western economies in crisis and developing nations ascendant, is a new world order emerging? This programme - run from the IISS Middle East office, but with a bureau in Delhi - studies how financial shifts affect the global distribution of power.

The Changing Geo-economics of Gulf and Asia

Bahrain India Forum 2015

The Bahrain India Forum was convened in New Delhi with the support of the Economic Development Board of Bahrain, to facilitate high level engagement between policymakers, business leaders and influential opinion formers. The Forum served to improve mutual awareness regarding the business and geo-economic environment in Bahrain and India  

  • Expert Commentary

    Le Monde: Forcer la Grèce à sortir de la zone euro serait très compliqué

    06 July 2015.  Interview with François Heisbourg, Chairman of the IISS and of the Geneva Centre for Security Policy Dimanche 5 juillet, les Grecs ont dit non à la dernière proposition de réformes formulée par les créanciers du pays. Conseiller spécial à la Fondation pour la recherche stratégique, François Heisbourg analyse les conséquences géopolitiques de ce vote. Quelles seront, d’après vous, les leçons et les conséquences du vote grec sur le plan stratégique ? Il y aura des effets...

  • IISS Voices

    Mahmood Abdulla: The New Normal for Oil Prices - A Wake-Up Call for Gulf States

    06 July 2015. 

  • Expert Commentary

    The Hindu: The Greek crisis and an imperfect EU

    02 July 2015.  By Sanjaya Baru, Director for Geo-economic and Strategy The European Union (EU) was never a union. Greece has called the bluff. At the heart of the economic crisis in the EU is a political failure. The inability, indeed the unwillingness, of the member nations of the “Union” to move beyond a single market and a monetary union to create a political entity. The economic crisis in Greece is a manifestation of...

  • Politics and Strategy

    Erik Jones: Lessons to Learn (and Not to Learn) from the Greek Crisis

    24 June 2015.  Europe’s heads of state and government held an emergency summit on Greece at roughly the same time that European Commission President Jean-Claude Juncker unveiled a report he had drawn up with support from the presidents of the European Parliament, European Council, European Central Bank and Eurogroup for ‘Completing Europe’s Economic and Monetary Union’. This juxtaposition is only partly coincidental. The ‘five presidents’ have been working on their report because the...

  • Politics and Strategy

    Erik Jones: Finance and Britain's EU Referendum

    08 June 2015.  A big unknown in the debate over the UK's planned referendum on European Union (EU) membership is the impact it will have on the City of London, in its role as the financial capital of Europe. There are three reasons that the impact could be negative. The UK referendum debate and European reform negotiations will lessen British influence on the design of Europe’s capital union; they will eliminate any incentive...

  • Expert Commentary

    The Hindu: When the traveller returns

    21 May 2015.  By Sanjaya Baru, Director for Geo-economics and Strategy If Year One was about diplomacy, Year Two has to be about the economy. The world is waiting to see what India has to offer in real terms. At the end of a year of hectic diplomacy, Prime Minister Narendra Modi may well have come to the same conclusion that his predecessor Manmohan Singh did when he told the India Today Conclave in...

  • Strategic Comments

    European defence spending rises, but well short of NATO target

    20 May 2015. 

    Although NATO’s European member countries have begun to increase defence spending, there is a $100bn deficit between aspirations and actual spending levels. In the context of Russia’s aggression against Ukraine, states are seeking to heighten military readiness.

  • Politics and Strategy

    Erik Jones: Greek Default and the Politics of ‘Reasonableness’

    19 May 2015.  Last week, my SAIS colleague Filippo Taddei gave an interview to a Bloomberg journalist about the Greek crisis in which he argued that there is no necessary link between a Greek government default and the exit of Greece from the euro area. The reason, Taddei explained, is that a government default is only relevant to Greece’s euro membership insofar as such a default would wipe out many of the assets...

  • Expert Commentary

    Economic Times: Virtues of being well-connected

    18 May 2015.  By Sanjaya Baru, Director for Geo-economics and Strategy If China has its One Belt-One Road (Obor), India could have its One Road-One Rail (Oror). Last month India took an important step aimed at building the ‘One Rail’ link from the Iranian port of Chabahar going inland towards Afghanistan and Central Asia. Earlier this week on Monday, Bangladesh, Bhutan, India and Nepal (BBIN) signed a motor vehicles pact that could, in the...

  • Expert Commentary

    The Hindu: India and China in a multipolar world

    11 May 2015.  By Sanjaya Baru, Director for Geo-economics and Strategy A week before marking the first anniversary of his assumption of office, Prime Minister Narendra Modi ends his year of hectic diplomacy with a visit to China. For India, no other bilateral relationship is more complex and challenging than the one with its biggest neighbour. Fortunately, the mistakes that could have been made by India’s political leadership in dealing with a big neighbour...

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