Gateway House Quarterly Report Q4, 2011.Pdf
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Gateway House Indian Council on Global Relations Quarterly Review October - December 2011 Quarterly Review Published by To subscribe to our Weekly Newsletter Gateway House: Indian Council on Global Relations Cecil Court, 3rd Floor, MK Bhushan Marg, Next to Regal Cinema, Colaba, Mumbai 400039, India HE Tel: +91-22-22023371 | www.gatewayhouse.in | [email protected] T Designed by Nikhil Mani Printed by Spenta Multimedia, Mumbai | www.spentamultimedia.com © Gateway House: Indian Council on Global Relations Scan the code with your smart No part of this publication may be in any form, print, digital or any other means, without the phone or visit written permission of the publisher. NTI ESTABLISHMENTS http://mim.io/733241 A - Officers Manjeet Kripalani, Executive Director Ambassador Neelam Deo, Director Nehal Sanghavi, Chief Operating Officer Executive Board Bharat Doshi, Executive Director and Chief Financial Officer, Mahindra Group, Mumbai Satish Kamat, Senior General Manager, Mahindra and Mahindra, Mumbai Bahram Vakil, Senior Partner, AZB & Partners, Mumbai Amay Hattangadi, Executive Director, Morgan Stanley Investment Management Advisory Board Chairman Emeritus: Keshub Mahindra, Chairman, Mahindra Group, Mumbai Cecil Court, 3rd Floor, MK Bhushan Marg, Anand Mahindra,Vice Chairman and Managing Director, Mahindra Group, Mumbai Next to Regal Cinema, Non Executive Chairman, Manipal Universal Learning, Bengaluru T.V. Mohandas Pai, Colaba, Rakesh Jhunjhunwala, Partner, Rare Enterprises, Mumbai Mumbai 400039 Venu Srinivasan, Chairman and Managing Director, TVS Motors Company, Chennai India Frank Wisner, Former US Ambassador to India, Foreign Affairs Advisor, Patton Boggs LLC, Washington D.C. Tel: +91-22-22023371 C. Raja Mohan, Professor, South Asian Studies, JNU, Senior Fellow, Centre for Policy Research, New Delhi www.gatewayhouse.in Pamela Puchalski, Senior Consultant, Bennett Midland, New York, Advisor, Global Cities Initiative, Brookings Institution [email protected] Gateway House 1 Quarterly Review n a h t a g n l n n a a i i l y p a l d w J i a o a a N V D k . i . D v b . N . e o M K D 6 B 8 16 18 Looking at the Rescuing Nato in Financial Regulatory Occupy Wall Street Lokpal’s fine print Afganistan Exporter Letter from the Head of Research n the last quarter, two anti-establishment movements at opposite ends Iof the globe peaked in popularity – the Anti-Corruption Movement in India and Occupy Wall Street in the United States. Both are social net- work movements rising against growing inequality--captured by the slogan--”we are the 99%”. Looking at Lokpal’s Fine Print and Occupy Wall Street give a snapshot of the national sentiment at the time. While these causes have gone dormant, they are weather vanes of public sentiment. If they flare up in the next few months we’ll know pubic ire against big government and big business is embedded in voters’s minds around the world. Akshay Mathur Gateway House scholars also contributed to the debate for reinstating Head Of Research economic integrity with several essays and articles published at home Gateway House: Indian Council on and abroad: India: Financial Regulatory Exporter; Rajat Gupta: Arrest- Global Relations ing the rise of Indian CEOs; Resetting Economic Governance at G-20 provide ideas on improving global economic governance. Our outside contributors from Pakistan to New Delhi cast an insider’s light on events in our western neigh- bourhood and in West Asia. The analysis in Rescuing NATO in Afghanistan, NATO vs Shias: A geopolitical Miscalculation, Reconsidering R2P: Post-Libya, and Imran Khan: Yet another messiah, is spot-on, and re- flects the reality of these tumultuous times. Gateway House published a number of original research papers in the last quarter which looked at the long- term implications of our bilateral and multilateral relationships within SAARC, the BRICS region and with old friend Russia. The full papers are exclusively available to our members. Finally, no year can close without a summary of our top moments. Enjoy our team’s 2011 Top Foreign Policy Cheers and Jeers in the end. Our much-loved Gateway of India reflects our mission to promote tolerance and understanding. The 100 year old monument, built to welcome King George V, is a well regarded symbol of India today. Our opening essay, ‘The Gateway of India, Redefined’ explains why this structure of colonial conquest was not torn down, but is instead accepted and respected by Indians. Gateway House 2 Quarterly Review no derailmentofthepainful Nicholas Krul: There willbe Nicholas Krul:There adjustment process in adjustment process The Airivatincident: must have a larger must havealarger A globalizingIndia Reviving SAARC Apeksha Kothari Hari Seshasayee Devasheesh Mathur Much adoabout Venkat Bharatan Kishan Rana: nothing Europe vision 28 24 20 33 India-Brazil: AnAfrican Arresting theriseof Arresting Manjeet Kripalani Akshay Mathur & Education: Thenew Resetting Economic Governance atG-20 Neelam Deo K.N. Vaidyanathan Estefania Marchan Seema Sirohi collaboration Indian CEO’s Indo-U.S. alliance 3 22 35 30 26 Cheers & Jeers Cheers &Jeers foriegnpolicy Top 2011’s inpoliticalMiasma Mired Pakistan: anothermessiah? Yet Imran Khan: east looking Look toManipurbefore Possibility orapipedream TAPI: Post Libya Reconsidering R2P: Gingrich vsRomney U.S. Election: eachotherseriously Taking India Russia: Gateway ofIndiaredefined geopoliticalMiscalculation A Nato vsShias: Is Iranthenexttarget U.S. Military: 58 56 54 52 50 48 46 44 42 39 37 Gateway House Quarterly Review Gateway House Meetings: October to December "Eclipse: Living in the Shadow of China’s Economic Dominance" October 7, 2011 Arvind Subramanian, Senior Fellow, Peterson Institute for International Economics (PIIE), Senior Fellow, Center for Global Development (CGD) in conversation with Subir Gokarn, Deputy Governer, Reserve Bank of India “The Confluence of Business & Foreign Policy” October 20, 2011 Ambassador Kishan Rana, Former Indian Ambassador to Algeria, Czechoslovakia, Kenya, Mauri- tius and Germany "India-Canada Relations: Catalyst in a Global Crisis?" November 12, 2011 Christy Clark, Premier of British Columbia, Santrupt Misra, CEO, Carbon Black Business & Direc- tor, Group H.R, Ambassador Neelam Deo, Director, Gateway House, Stewart Beck, Canadian High Commissioner in India “The Future of Brazilian Growth” November 15, 2011 Renato Galvão Flôres, Professor, Escola de Pós-Graduação em Economia (EPGE); Fundação Getúlio Vargas (FGV), Ajit Ranade, Chief Economist, Aditya Birla Group “India-Brazil Relations" November 16, 2011 Pedro Freitas, Honorary Consul General of India in Rio de Janiero “Roundtable Discussion” November 18, 2011 Lord Peter Mandelson, Will Straw, Director, Strategic Development, IPPR, (Institute for Public Policy Research) and Nick Pierce, Director, IPPR Gateway House 4 Quarterly Review “The Role of India’s Corporate Sector in Civic Affairs” November 19, 2011 Sonal Shah, Director, Office of Social Innovation & Civic Participation, White House, Shailesh Haribhakti, Chairman, BDO Consulting Pvt. Ltd. “Basel III – Implications for India” November 22, 2011 Usha Thorat, Director, Centre for Advanced Financial Research and Learning; former Deputy Gov- ernor, Reserve Bank of India, Nilesh Shah, President, Corporate Banking, Axis Bank: K.N. Vaidy- anathan, former Executive Director, SEBI and Gateway House’s Senior Geo-economics Fellow “China: Collapse, Democratisation or Resilient Authoritarianism?” December 2nd, 2011 Andy Nathan, Professor, Political Science, Columbia University, Ranjit Gupta, Distinguished Fellow, Institute of Peace & Conflict Studies; Niu Qingbao, Consul General in Mumbai, People’s Republic of China; Vijay Crishna, Godrej Industries “How to Run the World: Charting a Course to the Next Renaissance” December 14th, 2011 Parag Khanna, Senior Research Fellow, New America Foundation; Fellow, European Council on Foreign Relations “Re- Energizing the India – Russia Relationship” December 20th, 2011 Ambassador Ronen Sen, Former Indian Ambassador to USA, Russia, Germany, Mexico, Katherine Foshko, Russia Studies Fellow, Gateway House “Space: The Game-Changer for India” December 22nd, 2011 Dinshaw Mistry, Fellow, Woodrow Wilson Center, Associate Professor of Political Science and Asian Studies, University of Cincinnati Gateway House 5 Quarterly Review Nation Building India: Looking at the Lokpal’s fine print 4 October 2011 Image: Nizardp/WikimediaCommons by Devika Jain Development Economist, Activist and Gandhian ow that the hurly burly of the change is no longer to be left only Nanti-corruption movement in to election manifestos and parties, Pragati Maidan is behind us, and but to active participation by the the battle is both lost and won, let citizens. us turn our attention to the issues that need to be discussed, and Many political scientists have com- mobilize opinion.The first learning mented on how political “ordinary” The kind of voices that has emerged is that “people” people are. These citizens aren’t heard from protest – that wonderful cross-section that rich or highly educated. They in- the Economic Times captured on clude the young and the old, men sites across India, 28th August through its on-the- and women, from rural and urban spot survey of the “crowd” at Ram India. They believe in universal thanks to the Lila – are keen to design structures adult franchise, and that regular television channels, and laws that have a direct impact elections have guided their politi- on their citizenship. The profession- cal activism.