The resounding election triumph of the ruling BJP gives Indian Prime Minister Narendra Modi a strong second mandate and a fresh opportunity to make his ambitious dreams for India a reality, says Hong Kong-based strategic adviser and entrepreneur Alan Rosling, the author of "Boom Country?: The New Wave of Indian Enterprise".
The free flow of labor across national borders has been one of the defining facets of globalization. In recent years, concerns over the effects of increased migration on domestic workforces have led political leaders to consider tightening borders, dramatically altering patterns of human movement. In Asia, this could reverse the brain drain.
There are many who would like to see the concept of the “Indo-Pacific” region evolve from an idea to reality. These supporters are looking to India and Indonesia, two of the most populous countries in the region, to lead the way. This, however, is currently unlikely, owing to misalignment between the two countries’ political-economic goals and actions.
Many of the earliest of the great civilizations on Earth were centered on life-giving rivers, such as the Yangtze and the Euphrates, the Nile and the Indus. Rivers remain crucial to modern societies, but pollution is choking the life out of them. For humanity’s sake, governments must act to counter this. The good news is that they already have the tools.
Spearheaded by India and Japan, the Asia-Africa Growth Corridor aims to improve intercontinental connectivity. But, as of now, this competing plan to China’s Belt and Road Initiative is only a proposition. To make it a reality, India and Japan must enlist the EU.
Australia, India, Japan, and the United States make up the Quad, often seen as a response to an increasingly powerful and competitive China. But the commonality and contradiction of interests that India shares with China makes New Delhi’s perspective somewhat different from that of the other Quad countries. One may argue that India’s participation in the Quad is not a move to antagonize China.
The age of AI and automation is upon us. This may be music to the ears of technologists, businesses, and investors, but Asia’s factory workers will be severely affected when computers and robots take over labor-intensive jobs. To help workers navigate the new economy, governments and businesses should invest in social safety net programs and education.