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Fiscal Deficit, Crowding Out, and the Sustainability of Economic Growth: The Case of the Indian Economy

Date de publication
10 July 2010
Accroche

This study examines the long-run relationship between the fiscal deficit, the crowding out of private capital formation and net exports for the Indian economy during the period from 1980-81 to 2008-09.

Sunitha RAJU Jaydeep MUKHERJEE

Potential Strategic Consequences of the Nuclear Energy Revival

Date de publication
08 July 2010
Accroche

Renewed interest throughout the globe in harnessing nuclear energy has raised concern about security threats from states and non-state actors while holding out the promise of more electricity for more people.

Charles D. FERGUSON

An Azeri-Turkish deal on gas - a partnership renewed

Date de publication
29 June 2010
Accroche

The package of the Azeri-Turkish gas agreements signed in Istanbul on June 7, 2010, in the presence of President Ilham Aliyev and Prime Minister Recep Erdogan certainly makes cooperation easier in a sector which both parties consider to be strategic. It does not, however, specify all details of the sale and transit of gas (see e.g. EurasiaNet, 7 June). The documents above all have important political significance.

Agata LOSKOT-STRACHOTA

Russian Gas Diplomacy

Date de publication
25 June 2010
Accroche

Thank goodness our early warning systems during the cold war were not structured so we could see the flash at the same time we heard the warning. On Monday, the Russians notified the Europeans under an “Early Warning” agreement negotiated after the last Ukrainian gas cutoff that they had already cut gas flows to Belarus by 15% and that would increase cuts to 85% by the end of the week. Not very good news for the Belarusians who enjoy the most gasified economy in the world - everything there runs on gas.

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