Economic Relations

Dynamics of Indo-Myanmar Economic Ties

Clearly, there is immense scope for cooperation between India and Myanmar to deal in agro-based products, floriculture, engineering, timber and tobacco and expand business cooperation. Although there has been a significant increase in bilateral trade in recent years, full potential has yet to be realised.

India Woos GCC’s Sovereign Wealth Fund: Policy, Scope and Precautions

In 2007, a small piece of research by Steven Jen generated ripples about the role and significance of Sovereign Wealth Fund (SWF) in the world of finance. The term SWF was coined by Andrev Razanor in 2005, and IMF defined it as “assets held by governments in other country’s currency”. Although, SWF has a history of more than half a century, it gained currency only since 2000. SWFs have been created by the governments for different motives.

Pakistan’s New Trade Policy: A Step in the Right Direction?

At a time when Pakistan’s phenomenal economic growth of the past few years under the Musharraf regime has hit a severe road block, the country’s Trade Minister Ahmed Mukhtar, who also holds the defence portfolio, announced a new trade policy on July 18, 2008. The announcement of the new trade policy has been governed by the state of Pakistan’s economy, which has been on a downward spiral since February.