India

The 2018 Elcano Global Presence Index is here

Today, we are launching a new edition of the Elcano Global Presence Index; an index that aims to measure the extent of the external projection of countries. These are the data for 2018, that complement a series that now includes 57,672 observations across 13 years (since the fall of [...]

Global Spectator, by Andrés Ortega India, a connected power

In becoming obsessed with China, it is easy to lose sight of India. The latter, currently engaging in a long democratic process in which the nationalist Narendra Modi’s future is at stake, is turning into an economic and technological powerhouse. Its GDP between 1951 and 2018 grew at an [...]

Global Spectator, by Andrés Ortega Half the world is middle class

The middle and wealthy classes now account for more than half the world’s population, rather more than 3.8 billion people, a majority. This is the conclusion of a World Data Lab report covering 97% of the world’s population and published on the Brookings Institution blog. This is a clear [...]

Global Spectator, by Andrés Ortega India’s brutal demonetisation was not so bad after all

  While all eyes were trained on the presidential elections in the US, the Indian Prime Minister, Narendra Modi, made a surprise television announcement on 8 November: all 500 and 1,000 rupee notes (worth some €7 and €14, respectively), accounting for 86% of all the cash in circulation, were [...]

Is India the new China?

Maybe it is, but it could take a while in global presence terms. Following the episodes of financial turbulence and a cooling of growth rates and expectations in China, there is a rising debate on whether the other Asian giant, India, could now take the lead in several domains [...]

Global Spectator, by Andrés Ortega Middle classes cut down to size

It may seem contradictory when the middle classes in emerging economies (now going through a slowdown) are growing like never before. But according to some studies, their numbers have been exaggerated. And in a good deal of Europe and the US, the middle classes are in free-fall, something that [...]

EU-India relations: let’s focus on getting to know each other better

At the beginning of this month, I had the privilege to be invited to New Delhi (my first time ever) to attend a meeting of European and Indian think tanks on the topic: “EU and India: closer partners in global governance?” The event was organized by the EU-Asia Centre [...]

The BRICS bank: the first big move in China’s global weiqi game

The coming weekend a number of senior officials of the BRICS will arrive to Brazil. Most of them will try to attend the football world cup final on Sunday, but enjoying the atmosphere of the Maracaná stadium will not be the highlight of their visit. After the weekend they [...]

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