Diplomatist October 2011 Contents

 

 

 

 

 
 
 

 

PUBLISHER’S NOTE/EDITORIAL

We welcome all to our October edition. The month of October brings a hope – a hope of the end of long scorching months of summer and humid monsoon. It brings the first feel of much awaited winter season in our part of the world, and suddenly we all start becoming excited in the anticipation of the forthcoming winter. Interestingly, the world of diplomacy also gets affected with this infectious anticipation, and international diplomatic activities intensify.

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News

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Focus

India Dares to fill Strategic Void in Post NATO Afghanistan

India seeks presence in the Afghanistan owing to its civilizational links with the region, and more importantly in its capacity of regional power which demands participation in regional peace building efforts.

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South China Sea Dispute

Comprising an area of 3,500,000 square kilometres, and containing over 250 small islands, atolls, cays, shoals and sandbars, the South China Sea is the second most used sea lane in the world with about 50 percent of world annual merchant fleet tonnage passing through it. Coupled with the geopolitical importance, it has also unproven oil reserves of around 28 billion barrels and natural gas reserves of around 266 trillion cubic feet.

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India should Re-think its Nuclear Energy Option: FICCI Secretary General

FICCI Secretary General Dr. Rajeev Kumar shares his experiences of first four months at office, and steps initiated to shape FICCI as a “process based organisation’’, in a candid interview with Mr. Sandeep Singh Editor-in-Chief, Diplomatist.

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Will India-Pakistan Trade Pave the Way for Peace?

In 64 years of bilateral relations severely marred by three conventional wars, followed by three decades of insurgency and low intensity conflict being waged in Kashmir, added with an erratic diplomatic engagement between India and Pakistan, the recently held meeting of commerce ministers and industrialists of both countries offers much promise. This meeting between the two commerce ministers was held after a gap of 35 long years.

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Spotlight

BRICS Bailout to Europe

The emerging economy nation group of Brazil, Russia, India, China, and South Africa, which has coalesced into a new political group BRICS, with an ambition to enhance their global clout and seek more power within international system, has squandered a second opportunity in the year to establish an authority on global financial system. While the world grapples with another bout of financial recession, the BRICS finance minister’s meeting in September was hyped to offer a bailout package.

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Cover Story

Japan’s New Found Interest in India

The year 2011 is witnessing a resurgent interest of Japan in India. The two countries signed the Comprehensive Economic Partnership Agreement (CEPA) Feb 16 in Tokyo and diplomatic notes were exchanged June 30. On 1st August the agreement came into force with ambitious aims of greater accessibility to each other’s market and doubling the bilateral trade by 2014.

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Japan Needs to Look for New Markets
Prof. Justing Paul, Nagoya University of Commerce & Business, Japan, speaks with Mr. Sandeep Singh, Editor-in-Chief, Diplomatist, about the anxieties related to Japanese Economy. Expressing his full confidence in the inherrent strength of Japanese Economy he says that Japanese Companies are doing well: rather it is Japanese Government which is facing the problem.

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Former Prime Minister of Japan addressed ICWA
Remarks of Shinzo Abe, Former Prime Minister of Japan, at the Indian Council of World Affairs (ICWA) and Japan Institute for National Fundamentals (JINF) joint seminar, 20 September 2011, New Delhi.

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Perspective

Multi-Track Diplomacy

The actual concept of the modern state emanated from the Peace of Westphalia in 1648, in which the concept of sovereignty and sovereign power was defined for the first time. But the underlying notion of the state as a form of political organization with a defined territory, population, and the capability to exercise political power over its people, has been with us as long as recorded history.

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CMS National Lecture ‘Sustainable Development: 20 Years After Rio’
I have been asked to share thoughts on what has happened during the last 20 years since Rio de Janeiro’s focus on the Earth Summit which happened in 1992; next year we will complete two decades of the same. We will also complete forty years of the Stockholm conference on the human environment and ten years of the meeting in South Africa. I would like to briefly take up three or four areas which were agreed upon at Rio and say what has happened in the last 20 years.

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Economy

Evolution of the Global Financial System

In the Hall of Fame of the most-hated-jobs for the ones who don’t do it, traders have successfully managed the amazing feat to supplant the ‘renters’, who were accused for decades – both by ordinary people and by famous economists – of being unproductive players within the economic system. It must be said that the rentiers’ profile of idle, slightly profiteer is definitively nothing compared to both the exorbitant profits earned by traders and all the potential risks they generate for the global economy.

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Global Center Stage

Nepal Impact on SAARC and India

Nepal has undergone a radical political transformation since 2006, when a 10-year armed struggle by Maoist insurgents officially came to an end. The country’s king stepped down the same year, and two years later Nepal became a republic. It elected a Constituent Assembly in 2008 to write a new constitution, which is currently being drafted.

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Denmark ‘Time to Move On’

The two distinct characteristics of Danish society in the first half of the 20th century can be narrowed down to an increase in affluence and the growth of its ‘welfare state’. In the post-World War II era, Denmark’s Social Democratic Party understood the progressive mood of the Danish population and designed a midway political solution — between the extremes of local Nazi sympathizers and strong pro-socialist sentiments within the working class.

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TUNISIA Starting Point of the Arab Revolution?

The Tunisian ‘Revolution’, started on December 17, 2010, in an innocuous manner. Twenty- six year old Tarek al Tayyib Muhammad Bouazizi, an insignificant street fruit vendor in Sidi Bouzid, the capital of the Upper Tunisian Governorate by the same name, had his cart ‘confiscated’ by the police. He allegedly did not have a permit to sell fruit and in addition to having his cart confiscated, Bouazizi was also roughed up by the police.

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India & Indonesia Emerging Strategic Convergence

The increasing influence of Asian countries at the high table of international politics has been one of the most persistent themes in the 21st century. No doubt, the United States of America will still dominate across a wide range of issue areas, but at the same time, there is no denying that the rise of Asian giants like India and China and their increasing leverages in vital strategic issues will be the cover story of the 21st century. And Indonesia, by dint of its geostrategic position, demographics, economic vitality and its increasing democratic credentials occupies a key part of this story.

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Sri Lanka ‘A Delightful Destination’

Our Sri Lankan Airlines flight arrived at Bandaranaike International Airport in the early evening of 27 July, from where we commenced a 35 km drive into Colombo. Our hotel was located on Galle Road facing Galle Face Green and the open waters of the Indian Ocean beyond.

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 Cultural Diplomacy

“We have Calcutta Blood…”

In the fabric of South-east Asian history, the Indian Spice Route of Bali Sumatra and Java remained the most prominent statement. It paved not only the path for growth of commerce and trade, but ushered in a unique cultural amalgamation and even forged celebrated regal diplomatic ties for several millennia. From language to belief system, from customs to creativity, Indian Diaspora left its mark which still thrives silently in Bali.

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Celebrating Swami Vivekananda

Great men are seldom born. It is sheer good fortune of ours that in one decade of the 19th century, three great’ men were born in India: Swami Vivekananda on the 12th of January 1863; Rabindranath Tagore on the 4th of May 1861; and, Mahatma Gandhi on 2nd of October 1869. Each one of them became a formidable figure in his sphere of work: Swami Vivekananda in religion and spirituality; Gurudev Tagore in literature; and, Mahatma Gandhi in freedom movement and public life. Swami Vivekananda was the first leader among these three outstanding persons to make a major impact on the Indian consciousness both in his time and thereafter.

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Indian States On a Platter

Gujarat: The Textile Hub

The Textile Industry has been one of the oldest and most important sectors of the Indian Economy. It is the second largest employment provider in the country, next to agriculture; it contributes to almost one third of foreign exchange earnings; contributing to 3 percent of the GDP. India has also been a significant player in the Global Textile markets.

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Book Review

Microfinance and its Discontents: Women in Debt in Bangladesh a Review Paper

A report by the Government of Bengal in the 1930s revealed that a poor peasant from Mymensingh district in eastern Bengal (Bangladesh since 1971) had told a land revenue official in 1929: “My father, Sir, was born in debt, grew in debt and died in debt. I have inherited my father’s debt and my son will inherit mine.” Following the introduction of microcredit, glorified as microfinance by its local and international promoters, if the situation has improved with regard to the lot of the rural masses in Bangladesh, especially poor women, is an important question today.

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