Reforming India’s university sector

Author: Mukti Mishra, Centurion University of Technology Management

The Jat reservation agitation has caused considerable social and economic trauma in India, especially in the national capital region around New Delhi. The agitation began as a series of protests in Haryana in February 2016 by the Jat people who were seeking to be included in the list of so-called Backward Classes, which would entitle them to certain affirmative action policies. Read more…

Making peace with the Bangsamoro Basic Law

Filipino Muslims display placards during a rally at the Philippine Senate to coincide with the hearing at the Upper House on the passage of the Bangsamoro Basic Law (BBL) which the Philippine Government and Muslim rebels have entered into that would establish an autonomous region in southern Philippines Monday, 25 May 2015 in Manila, Philippines.

Author: Teresa Jopson, ANU

Securing a lasting peace in the southern Philippines has been an ongoing problem for the Philippine government. Marginalised Moros in the southern Philippines have legitimate grievances against the Philippine government. This much the Philippine government has recognised in signing peace agreements, most recently with the insurgent group Moro Islamic Liberation Front (MILF).

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A strong ASEAN+3 should embrace the IMF

IMF Managing Director Christine Lagarde responds to a question during a press conference at the IMF headquarters in Washington on 14 April 2016. ASEAN+3 needs to embrace the IMF if it is to transform into an essential feature of regional governance in East Asia. (Photo: AAP).

Author: Ramon Pacheco Pardo, King’s College London

ASEAN+3 (the ASEAN members plus China, South Korea and Japan) was born from the ashes of the Asian financial crisis and the IMF’s response to it. It’s no secret that displeasure — if not hostility — to the policy prescriptions suggested by the Washington-based institution was a key driver behind ASEAN+3. Read more…

Asia’s next growth frontier

A crane vehicle stacks up containers at the Port of Rizhao in Rizhao city, east China's Shandong province, 28 February 2016. Lifting Asian growth will require a deepening of regional economic integration and cooperative commitment to the reforms. (Photo: AAP).

Author: Peter Drysdale, ANU

The steady state in the Asian region is growth and dynamism that requires continuous structural change and adjustment. The trajectory of China’s potential rate of growth is certainly 2 or 3 percentage points lower than it was a decade ago, but even at around 6 per cent over the coming decade the massive Chinese economy can still grow at two to three times the rate of the world economy as a whole. Read more…

Generalising the middle income trap

Two men carrying goods to be recycled ride their flatbed tricycles past a red Porsche Cayman parked outside a high-end housing complex in Beijing, China. (Photo: AAP).

Author: Mark Fabian, ANU

The middle income trap has recently come (back) into vogue as a theoretical construct for understanding why some countries seem to stagnate at the middle-income level. The middle-income range is relatively common among contemporary emerging markets globally, so it is not surprising that ‘trap’ discussions focus on this income bracket. Read more…

Indian manufacturing lacks logistics

Kandla, one of India’s busiest ports, looks deserted as containers and cargo await loading onto stranded ships, in western India. (Photo: AAP).

Author: Saurabh Bandyopadhyay, NCAER

The state of India’s manufacturing sector is concerning. Especially when compared to the massive transformation registered in this sector by other Asian countries in similar stages of development. Contributing around 16 per cent of India’s GDP, manufacturing remains far below its potential, which should be at least 25 per cent. Read more…

India’s demographic dividend strait-jacketed by labour regulations

Unemployed Indians stand in a queue to register themselves at the Employment Exchange Office in Allahabad, in the northern Indian state of Uttar Pradesh on 22 March 2012. India’s outmoded labour regulations are hindering job growth. (Photo: AAP).

Author: Mark Fabian, ANU

One of India’s most promising economic features is its large working-age population. Yet if India doesn’t find jobs for its young people, this boon will quickly turn into a powder-keg, as evinced by the recent agitations of unemployed Jats in Haryana. Read more…