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How India Is going beyond safety nets to economic empowerment

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The evolution of welfare states from the Bismarckian model to contemporary iterations represents a broadening of perspectives on the state's role in social welfare and economic dynamism. Initially, the Bismarckian welfare state was a...

Beyond the age of hegemony

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In the 16th century, Spain became the first global empire. By the 19th century, Britain became a global hegemon. After World War II, the US took over as the new global hegemon. Now America’s power is fading and some Americans fear that China will be...

Global Multidimensional Poverty Index 2023: Insights and Challenges for South Asia

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The United Nations Development Programme and the Oxford Poverty and Human Development Initiative have recently unveiled the Global Multidimensional Poverty Index for 2023. This index gathers data from a whopping 110 developing countries, comprising...

Why Developing Countries Are Investing in Space Programs

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Regrettably, a segment of the British media believes that developing countries should focus all of their resources and efforts on poverty alleviation rather than space exploration. In essence, such a stance could be seen...

Developing Countries Should Invest in Research & Development

Investing in technology and research and development (R&D) is an important driver of the economic growth of developing countries, as it can create a solid foundation for long-term prosperity. As Paul Romer discusses in his seminal work...

Why is Multilateralism in disarray?

In his seminal paper entitled "Multilateralism: the Anatomy of an Institution," John Gerard Ruggie defines multilateralism as an institutional arrangement that facilitates coordination among three or more states based on "generalized" principles of conduct....