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In a world with 9 billion inter-connected people, power will come from creating peace, prosperity and freedom and this will require breakthroughs in how we live, enabled by a transformation in the very definition of power itself



THE WORLD AND THE FUTURE

The Shape of the World to Come – Part III: The Path to a New World Order
The Shape of the World to Come – Part III: The Path to a New World Order

The third part of our series on the Shape of the World to Come attempts to describe the transition to and the shape of the New World Order.  In this undertaking, we examine the opportunity for a peaceful transition to the future and the potential for a violent one.

The Shape of the World to Come – Part II:  The Key Challenges Facing the World
The Shape of the World to Come – Part II: The Key Challenges Facing the World

The second part of our series on the Shape of the World to Come presents the big issues that are driving people to support more extreme positions at the electoral box.  These issues might not only undermine some of the important progress achieved but also set the path for a new world order to emerge from conflict and competition.

The Shape of the World to Come – Part I: How the World is Progressing
The Shape of the World to Come – Part I: How the World is Progressing

In the first of a three part series on the Shape of the World to Come the Sign looks at the key elements of progress made globally.  Despite the challenges facing the world today, we live in a time of unprecedented progress and improving lives across a number of critical dimensions.

The US Election in Context – We Live in Revolutionary Times: The Prelude to the New World Order
The US Election in Context – We Live in Revolutionary Times: The Prelude to the New World Order

Both the Trump and Brexit votes have taken place within the context of revolutionary history. Looking ahead there is the potential for more revolutions to come, with significant implications for the world.

South China Seas: With Greater Power Comes Greater Responsibility
South China Seas: With Greater Power Comes Greater Responsibility

The ruling by the international tribunal in the Hague on the South China Seas dispute between the Philippines and China has significant potential security implications.  If not well handled, the ruling bears wide ranging risks for China on sovereignty disputes with India, Japan and almost all its neighbours and in domestic matters too.

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FROM THE FRONTLINE OF CHANGE

Featured : Addressing India’s Literacy Challenge A brief discussion with Sourav Banerjee, India Country Director for Room to Read, a global non-profit organisation whose mission is to tackle the problem of childhood literacy across the developing world

Addressing India’s Literacy Challenge

The Sign of the Times has written extensively about the importance of education and skill development for India to fully realise its demographic advantage and thereby achieve economic development. Approximately a quarter of India’s population is illiterate, and by virtue of its sheer size, India has the largest illiterate population in the world, accounting for c.40% of the world’s illiterate population. This is disproportionately skewed towards women and girls, approximately a third of whom lack even basic literacy skills, and has therefore limited women’s ability to choose how they participate in the economy.

Addressing India’s literacy and education challenges, along with the large gender gap, clearly requires transformative solutions. In this context, Greater Pacific Capital talks to Sourav Banerjee, Country Director for Room to Read in India. Room to Read is a global non-profit organisation whose mission is to tackle the problem of childhood literacy across the developing world.

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Image 5 The Frontline

Revolution and Information Revolution

Revolution and the Information Revolution

A brief discussion with Jon Miller, the former Chairman and Chief Executive Officer, Digital Media Group and Chief Digital Officer for News Corporation.

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Reflections on India in the BRICs; Who You Calling a BRIC?

Reflections on India and the BRICS; who you calling a BRIC

Interview with and article by Jim O’Neill, the former chairman of Goldman Sachs Asset Management who coined the term “BRICS”.

Frontline 3

Interpreting Gandhi’s Principles of Non-Violence for Today’s World

Interpreting Gandhi’s Principles of Non-Violence for Today’s World

Lecture by Rajni Bakshi, Gandhi Peace Fellow at Gateway House: Indian Council on Global Relations

Archived Articles

Pointing to the Future in      May 2019

Pointing to the Future

India Needs a Prudent Strategy to Chinese Free Trade.  Given that China does not provide Indian technology firms and content creators a level playing field, India needs to calibrate counter-measures in proportion to the level of discrimination, which will serve as a global signal and strengthen New Delhi’s negotiating positions vis-a-vis Beijing.

A Silk Road for the Heavens.  With China focused on its Belt and Road initiative, India has significant capabilities in the space and digital domains and an opportunity to shape the future of global space and digital connectivity.

Why India Must Lower the Cost of Capital Over the Next Decade.  Given that India is currently the fastest-growing major economy in the world, access to cheaper funds is crucial to unleash investment by the private sector.

India Has Shed its Traditional Defensiveness Towards the Middle East.  India’s relations with Saudi Arabia and the United Arab Emirates have never been better, which is primarily due to the shift in policy to focus on India’s national self-interest rather than religion.

A Single-Rate GST is Neither Doable nor Desirable in India.  Given that India is a low-trust society and its extreme diversity makes tax compliance difficult to enforce without a great deal of coercion, the logical way forward is to make GST reasonably progressive, and yet, easy to comply with.

A New Balance Point in the China-U.S. Trade War.  Trade negotiations between China and the United States have begun to show progress, evolving towards a balancing point between strategic competition and transformative engagement, dispelling the haze of uncertainty in the global economy created by the trade war and economic infighting.

As Italy Joins Belt-Road Initiative, E.U. Leadership Faces China as United Front.  With Italy having signed onto the Belt and Road Initiative, it has signalled the wave of nationalism growing in Europe which has offered China an opening to wedge its way into Europe through bilateral agreements with individual states, undercutting the European Union as a whole and allowing it to cut deals that are more lucrative for itself.

China Needs to Make the Belt and Road Initiative More Transparent and Predictable.  At a time when China’s economy is slowing and institutionalising, China needs to make the BRI more transparent given global perception of China ‘trapping’ its BRI partners financially and the fact that China has not disclosed a reliable list of BRI projects, nor the amount it has invested.

Balancing Growth and Structural Adjustment in China.  The government should pursue higher spending (taking advantage of a strong fiscal position), supported by accommodative monetary policy to maintain reasonable growth in infrastructure investment in order to compensate for declining real estate investment and weakening exports.

The Case for a Pragmatic India-Taiwan Partnership.  Given the oscillations in India’s relationship with mainland China due to border disputes and other geopolitical issues, it would be prudent for India to shift toward a greater emphasis on cultivating a more normal, pragmatic relationship with Taiwan given there are several avenues of cooperation including trade, investment, tourism, and education.