RIS takes lead to make Asian, African think tanks share best practices

Banks in India and in Brazil are both battling a surge in bad loans

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Subhomoy Bhattacharjee New Delhi
Last Updated : Aug 24 2017 | 1:11 AM IST
India this week allowed Pfizer a patent on its pneumonia vaccine despite opposition by more than one civil society group. But in April, the Delhi High Court had shot down an application from Bayer for extension of patent of a kidney and liver cancer drug, creating space for local companies to produce the medicine at a cost 90 per cent less than the original.

The two examples, with huge implications for health care for countries in the global “south”, are likely to figure at a key meeting of think tanks from these nations. The meeting begins on Thursday in New Delhi. “These countries need to figure out what are the value-added happening in these key sectors and work out the nature of partnerships required and the related challenges,” said Hardeep Puri, chairman of Delhi-based think tank Research and Information System for Developing Countries (RIS).

With the support of the Ministry of External Affairs, the institution is bringing together the largest coalition of think tanks at the 3rd International Conference on South-South and Triangular Development Cooperation. “The countries need to focus on issues beyond the so-called definitional debates. The think tanks need to share knowledge about these developments as their key takeaways than keep harping about aid issues,” added Puri.

The platform is different from the traditional view of relying only on government-to-government cooperation to help the people of the south, home to three-fourths of the world’s population. The focus is not on managing “aid” but to gather information on how to manage their problems by learning from each other. And there are plenty of common topics for them to share; the floods that have hit large swathes of population in Uttar Pradesh and Bihar are similar to the recent rain-led disaster at Sierra Leone. Banks in India and in Brazil are both battling a surge in bad loans. Credit rating agency Fitch has maintained a negative outlook for Brazil in 2017, just as it has for eight banks in India.

Think tanks of many smaller countries are often hemmed in without detailed information on the typical challenges that face their countries.

“Bringing together the think tanks provides a neutral platform to look at some of these issues before governments get in,” said Rajat Nag, distinguished fellow at National Council of Applied Economic Research and former managing director at the Asian Development Bank. Nag will be chairing a session on the financial sector at the conference.

Providing a perspective on the need for such a dialogue, Sachin Chaturvedi, director general of RIS, said value addition in all sectors has moved beyond governments to giant corporations. It is not just in pharma, but in renewable energy, information technology and so on. “Yet information about these products and technology need to reach the south. If companies demand a stiff price for technology transfer or even price the products high, it will be impossible to think the goals for health or other indicators under SDG (sustainable development goals) can be reached.” Think tanks armed with information can make their governments choose wisely, he added.

There are some indications that changes are being recognised. The Organisation for Economic Co-operation and Development countries have begun to use the word “assistance” and “partner” instead of offering “aid” and classifying relationships as that of donors and recipients.

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