Issue: JULY 2015
 
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Cover Story 
Experts on international relations say that more than the military might, the status and destiny of a nation are often shaped by its success on the dipl...
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Lead Article

The lead article by Achal Malhotra discusses the foreign policy of the Indian government towards its neighbours. The article conveys that south asia as a region is complex, with the countries in the region having common legacies and historical links. India, being the largest in size and population...

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Articles
  India-China Relationship: Transforming Ties
Manish Chand
  Its a transformational moment in the history of India-China relations, marked by an infusion of fresh energy, dynamism and creativity in the way the ...
  Indo-US Partnerships: Evolving Ties
  The second lead article by K.C. Singh puts Indo- US relations in perspective, as a continuous attempt to create convergence among the two largest demo...
  Diplomacy for Economic Development
  This article by Ram Upendra Das explains that India's global economic engagements have touched new heights specially on the economic front, thanks to ...
  Defence as Driver of Foreign Policy
  This article by Alok Bansal states that defence cooperation is high on the agenda of the present government. The article gives details of the various...
  Good Governance: Style and Substance/ Road Maps for Development
  The article ' Good Governance: Style and Substance by A. Surya Prakash describes the changes in governance introduced by the new government and its a...
Economic Paradigms and Democracy in the Age of Financial Globalization
Srinivas Raghavendra

Whether or not there exists a standard definition of the term Globalization, there is a broad agreement with the fact that the process of Globalization has had and continues to have profound impact on various aspects of human life. Globalization is not a new phenomenon for it has been a long-term gradual process of change, which affects every aspect of human life and being affected by the human enterprise, since the days of Columbus, and yet at the same time it is irregularly punctuated by episodes of dramatic change. Ever since the Columbian voyage initiated the process of intermingling of the continents of Europe and the Americas, Globalization has been influencing and reshaping every part of the world in all aspects of human life social, cultural, economic, political, biological and ecological aspects. In the recent past, there were two intense periods where the process of globalization induced dramatic changes across the world. The first wave happened in the late nineteenth century up to the First World War, which was characterized by extensive trade networks across various continents under European Colonialism. The second wave happened in the twentieth century, starting from the 1980s to the present day, characterized as free market Capitalism led by the phenomenal development of the financial markets, and called as the financialization phase of Globalization or simply Financial Globalization.

 
 
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Do you know? : What is Forensic Auditing
Forensic auditing refers to the auditing with the main aim to employ accounting techniques and methods to gather evidence to investigate the crimes on financial front such as theft, fraud etc.
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