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About Us
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The ICA Institute
is a non-profit research institute working to
foster research and dissemination of
knowledge on the rise of China and India and
their impact on global markets, global
resources and geopolitics of the world. The
ICA Institute's mission is to generate new
perspectives on the role of market and
resource driven economic development. ICA
Institute fosters interaction and dialogue
between academic scholars, industry leaders
and policy makers on the impact of emerging
economies in general and China and India in
particular. Specifically, The ICA Institute is
positioned to be a catalyst between faculty
and students in International Business and
industry leaders and managers.
www.icainstitute.org
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Events | Announcements
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Register for ICA Institute's Journal
(JEKEM | Sep 30)
Sign up for free access to the ICA Institute's Journal of Emerging Knowledge on Emerging Markets, debuting Nov 15.
 Pacific Ring Policy Exchange (Singapore)
(ISAS | Oct 14)
The goal of this networking conference is to provide a unique, centralized, high quality forum for the open exchange of the best practices and strategies on property rights, tax policy and other pressing issues facing this region.*In cooperation with the Pacific Rim Policy Exchange, the World Taxpayers Associations will be holding the Asia-Pacific Taxpayers Union (APTU) in Singapore on Friday October 16th.
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ICA Exclusive
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 A New Currency of Chindia and Latin America?
(Chindia Biz | Oct 2)
Conceptually, replacement of Dollar
does not necessarily imply creation of a new currency. However, if the
dominance of Dollar can be questioned, which other existing currency
are we talking about? Perhaps, if the Dollar will be replaced at all;
it will be by a brand new currency. But is it really going to happen?
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Headlines
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Bernanke: New Super Currency Would Weaken Dollar
(Beijing Review | Oct 2)
Federal Reserve Chairman Ben Bernanke said on Thursday that a new super currency would weaken the dollar, but he also noted the dollar is not at any immediately risk of losing its status.
India tops global newspaper list
(The Guardian | Sep 30)
India has more daily newspapers than any other country, and has overtaken China in paid-for daily circulation. Together, the two countries publish 45 of the world's top 100 largest newspapers.
India protests at China visa policy
(Financial Times | Oct 1)
India has formally protested to Beijing over irregularities in visa procedures for citizens from its troubled Kashmir region, amid mounting friction between the two Asian powers.
US job losses hit recovery hopes
(Financial Times | Oct 2)
The US shed a worse-than-expected 263,000 jobs last month, pushing the unemployment rate to a fresh 26-year high and raising doubts over the robustness of the economic recovery.
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Policy | Strategic Affairs
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So is G20 the new G8? Not quite
(The Hindu | Sep 26)
For the U.S., Europe and Japan, the G20 is a better forum to accommodate the rising aspirations of Brazil, Russia, India and China than the G8 because the majority of the larger group still consists of Western, OECD countries. A truly representative G8, on the other hand, would give the BRIC nations a collective voice roughly equal to the four largest Western economies
India to overlook PLA pinpricks, focus on biz ties with Beijing
(The Economic Times | Sep 28)
Even as India goes about strengthening its defences along the line of actual control (LAC) with China, it has decided to overlook the
recent instances of 'incursions' by Chinese troops in Arunachal and Ladakh and instead push for friendly ties with the neighbour, both on the diplomatic and economic fronts.
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Money & Capital Markets
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Spanish Bank BBVA's China Strategy
(Business Week | Sep 28)
Banks in Spain, though, behaved conservatively during the boom and are now in good shape to continue their expansion through acquisitions and joint ventures. Spain's big banks, typically most aggressive in Latin America, increasingly are looking to expand in Asia.
 (Opinion) Investing in Emerging Markets: Three Reasons Why You Should Buy India, Not China
(Investmentu.com | Oct 2)
When you talk about emerging markets today, the "BRIC" nations immediately spring to mind - Brazil, Russia, India and China. China tends to receive the most press within that quartet. But here's why you should choose India instead...
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Environment | Climate Change
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Leaders of G-20 Vow to Reshape Global Economy
(New York Times | Sep 25)
One year after a financial crisis that began in the United States tipped the world into a severe recession, leaders from both rich countries and fast-growing powerhouses like China agreed on Friday to a far-reaching effort to revamp the economic system.
Cities can learn from comparing their carbon footprints
(The Economist | Sep 28)
Dr Kennedy and his colleagues tried to quantify the contributions of heating, transport and waste disposal, among other things, to the emission of greenhouse gases in each of these cities, and to calculate the emissions per person that resulted.
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InfoComm | Technology
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Survey: Microsoft SQL Server Tops All Databases in Emerging Markets
(eWeek | Oct 2)
According to a recent Evans Data study, Microsoft SQL Server is the most used database in the emerging markets of China, India, Eastern Europe and Latin America. However, the open-source MySQL database is right behind it.
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Infrastructure | Real Estate
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India to set up real estate regulator, tribunal-govt
(Reuters | Sep 25)
The ministry of Housing and Urban Poverty Alleviation has prepared the draft of a new real estate regulation act and has sought comments from state governments and other stakeholders.
India: IPO filings by real estate firms signal recovery
(Live Mint | Sep 30)
India's real estate business is celebrating a revival of fortunes after plumbing the depths during the economic slowdown with a tentative return to the initial public offerings (IPO) market. Taking the plunge are Emaar MGF Land Ltd, Lodha Developers Ltd and Sahara Prime City...
Real estate services provider China Real Estate files for an IPO
(Rennaissance News | Sep 30)
China Real Estate, a spin-off of E-House China's real estate information and consulting services business, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The Shanghai-based company, which was founded in 2002 and booked $62 million in sales over the last 12 months, plans to list its ADSs on the NASDAQ under the symbol CRIC.
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Health | Medicine
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 China number two in world for rabies deaths: govt
(AFP | Sep 27)
China is second only to India worldwide in the number of people killed by rabies every year, the government has reported, making the disease one of the nation's biggest public health threats.
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Corporate Social Responsibility
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Financial Innovation and the Poor
(The Economist | Sep 25)
...on September 25th, at the meeting of the Clinton Global Initiative in New York, the Global Impact Investing Network (GIIN) was due to be launched. This is, in effect, a commitment to create a new asset class-impact investing-yielding a financial return alongside a social or environmental benefit.
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Opinions
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State needs makeover, not 'Buy Michigan' policies
(The Det News | Sep 28)
Everybody else is moving too fast. China is only getting bigger and stronger. Its middle class is growing. Its professional management is improving, and its manufacturing and production sector is pumping out everything from toy cars to real ones at a staggering pace.
 Time for China to celebrate and to ponder
(Xinhua | Sep 30)
The People's Republic of China has gone a long way to transforming a backward, impoverished, politically disintegrated and economically colonial China before 1949 into a powerhouse commanding today's status among the world of nations.
Domestic needs shape China's foreign policy
(Asia Times | Oct 1)
From a military perspective the world is still unipolar, and the United States remains more generally dominant, even if it has lost some of the battle for global hearts and minds. Beijing's sense that the US was not (yet) prepared to share the top table with China on an equal basis is partly behind its rejection of the idea of a US-China "Group of 2" to manage key global issues.
Twilight of Pax Americana
(Los Angeles Times | Sep 30)
Since the end of WWII, the world has depended on the United States for stability. But with American military and economic dominance waning, capitalism and global security are threatened.
 The Evolution of Asia
(Time | Oct 12)
Asia appears to be recovering from the global recession faster than the West. But the financial imbalances that triggered the worst economic crisis in memory could still put the brakes on the world's fastest-growing economies.
World Fatigue: A special report on the world economy
(The Economist | Oct 1)
THE past two years have rather obscured the charms of the free market. For those seeking to restore their faith, a trip to the Kashmir Valley provides some unlikely solace. The floating vegetable market that assembles at dawn on Dal Lake is perhaps the easiest market in the world to romanticise.
 Interview: An Indian approach to global M&A
(McKinsey Quarterly | Oct 1)
According to the group CFO of Tata Steel, Koushik Chatterjee, it sends only a few people, not planeloads of employees, to do the job-an aspect of what he describes as a sincere effort to create a partnership that jointly develops a vision for the combined company.
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Sincerely,
ICA Institute
Please send your comments/suggestions to prashant.das@icainstitute.org
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