In recent years, there has been a dramatic growth in financial remittances into India.

Devesh Kapur: The $50 billion question

Business Standard

Robert Zoellick will depart in June as president of the World Bank, once again raising the thorny issue of leadership of the Bretton Woods twins (the Bank and the International Monetary Fund, or IMF). At their birth, John Maynard Keynes memorably warned that if these institutions did not get good leaders they would &ldquo;fall into an eternal slumber, never to waken or be heard of again in the courts and markets of Mankind.

Devesh Kapur & Arvind Subramanian: Who should lead the World Bank?

For nearly six decades, India&rsquo;s primary engagement with multilateral financial institutions &ndash; the Bretton Woods institutions and the regional development banks &ndash; has been at the receiving end. These institutions were a source of external savings, much-needed foreign exchange, advice and technical assistance &mdash; and, sometimes, arm-twisting.

Devesh Kapur: Graduation day at Bretton Woods

In the cacophony of debates on the wisdom of liberalising retail foreign direct investment, or FDI, one viewpoint was noticeably absent: whether and how this might affect India&rsquo;s strategic interests. While retail FDI seems a far cry from strategic interests, the more pertinent question is the broader implications of FDI on India&rsquo;s strategic interests, as distinct from the more obvious &ndash; and much debated &ndash; economic effects.

Devesh Kapur

Devesh Kapur

Page 3 - Devesh Kapur

Devesh Kapur: The $50 billion question

Devesh Kapur & Arvind Subramanian: Who should lead the World Bank?

Devesh Kapur: Graduation day at Bretton Woods

Devesh Kapur: The geo-strategic implications of FDI