In The News

India's Role in Climate Change

Nayan Chanda December 17, 2015
Global leaders attending COP21 in Paris have pledged to reduce carbon emissions – and now must follow through, convincing citizens and businesses at home to support tough policies that curb fossil-fuel production. The national commitments are voluntary. “After initially resisting Western pressure, Modi government has announced a pledge – the so-called Intended Nationally Determined Contributions...

Beyond Hype and Pomp

Nayan Chanda October 22, 2015
India’s Prime Minister Narendra Modi was among many world leaders traveling to New York in September for the annual UN General Assembly meeting: “his principal mission was to sell India to US multinationals and tech titans, and to win the support of Indians overseas,” explains Nayan Chanda, YaleGlobal’s founding editor in his column for Businessworld. India is a vast, young and developing market...

Time to Ban the Bans

Nayan Chanda October 7, 2015
Foreign investors are not rushing to invest in India. Monthly foreign direct investment equity inflows to India have fallen by half in recent months, from $4.4 billion to $2 billion. Modi has promised economic structural reforms but a culture war over religious differences could also contribute to investor reluctance: “arbitrary rule changes and whimsical bans now dominate the news and send the...

Time to Dump the Fear

Nayan Chanda September 25, 2015
Governments and business owners should contain alarm over devaluation of the Chinese renminbi and low-cost goods. “Such is the fear of China’s export juggernaut that the news of the yuan’s devaluation brings about a kneejerk reaction, not only in India but all over the world,” writes Nayan Chanda, YaleGlobal’s founding editor and now consulting editor, in his column for Businessworld. “But not...

Can Beijing Make AIIB Transparent?

Nayan Chanda July 2, 2015
The world will judge the China-led Asian Infrastructure Investment Bank by the rules being drafted. Asia needs infrastructure development, and China initiated the bank after global groups like the International Monetary Fund did not reform their structures in recognition of China’s growing contributions. The United States is not a founding member, but the AIIB curtailed criticisms on governance...

3D Printing Comes Of Age

Nayan Chanda June 5, 2015
The first 3D printers were introduced in the 1980s. Rapid development combined with dropping cost has put these printers into general circulation – accessible to small businesses and artists through special orders, available for ongoing use and study in university workshops, small-town libraries and high schools. Innovations abound as students apply their imaginations. “The potential of this...

The Age of Disruption

Nayan Chanda May 13, 2015
Awareness of new patterns, discoveries and inventions can revolutionize entire industries or economies. Others quickly adapt or struggle. Richard Dobbs, James Manyika and Jonathan Woetzel are authors of “No Ordinary Disruption: The Four Global Forces Breaking All the Trends,” and “By combining data from disparate fields, they make a compelling argument about the disruptive forces that are re-...