Category: Global Economy
-
The Long Road to an India–US Trade Compact: Between Strategic Convergence and Structural Friction
A Relationship Shaped by History, Not Habit The idea of an India–US Free Trade Agreement has resurfaced many times over the past three decades, only to stall at the intersection of economics and politics. Unlike India’s trade engagements with the EU, ASEAN, or even the UK, a US trade deal…
-
India–EU Free Trade Agreement: From Missed Opportunities to a Strategic Economic Reset
The India–European Union economic relationship has long been defined by potential rather than performance. Despite being natural partners—India as a fast-growing consumption and manufacturing base, and the EU as a technology, capital, and standards powerhouse—bilateral trade has remained modest relative to scale. The renewed push toward an India–EU Free Trade…
-
Renewables Cross the Coal Threshold: A Structural Break, Not a Cycle
The moment renewables overtook coal in global power generation marks more than a symbolic milestone—it signals a deep structural shift in how the world produces, distributes, and consumes energy. For over a century, energy transitions moved slowly, constrained by infrastructure lock-in, geopolitics, and capital intensity. Coal to oil took decades;…
-
Chemicals at a Structural Crossroads: From Volume Cycles to Strategic Molecules
For much of the post-war industrial era, the global chemicals sector expanded on the back of scale, cheap energy, and steadily rising downstream demand. Commodity chemicals—ethylene, propylene, ammonia, methanol, bulk polymers—were treated as volume businesses, where margins fluctuated with economic cycles but long-term growth was rarely questioned. That historical compact…
-
Fragmented Futures: How Global Industry Is Entering a Post-Synchronous Era
For much of the post–World War II period, global industry moved in broad cycles. Manufacturing booms and busts were largely synchronized across regions and sectors, driven by common forces—interest rates, commodity prices, trade volumes, and consumer demand. Steel, chemicals, autos, capital goods, and infrastructure tended to rise and fall together.…