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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Webinar: Competing with Emerging-market Multinationals: The Case of India (ICA Institute | Feb 10) Ravi Ramamurti
Director of the Center for Emerging Markets, Northeastern University.
Wednesday, February 10, 2009
11:30 AM - 12:45 PM EST
Click here to Register.
Call for Papers: Journal of Emerging Knowledge on Emerging Markets (JEKEM) (ICA Institute) Announcing preparations for the second issue of the India, China & America
Institute's new Working Papers Journal, Journal of Emerging Knowledge on
Emerging Markets to be published in May 2010. This journal provides a forum
for the exchange of ideas and shared learning experiences among policy
makers, scholars and practitioners on the global economic impact of India,
China and America.
U.S. - India Civilian Nuclear Agreement (India-US World Affairs Institute, Inc.) February 27, 2010
9:00 a.m. - 11:30 a.m.
A look at the current status of the U.S.-India civilian nuclear agreement passed by the United States Congress in October 2008, and implications for nuclear trade between the United States and India
Venue: University of California Washington Center, 1608 Rhode Island Avenue, NW, Washington, D.C.
Cost: General Member $20, Non-member $30, Student $10
Contact: events@india-us.org
Event Flyer
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Insights
***************************************** The Rule of Three (Livemint | Jan 31) Jagdish Sheth argues that in a free market, only three companies will dominate any given field. The third company is normally the most innovative, not the No. 1 or
(No.) 2 in the segment. No. 3 changes the paradigm of the industry.
Coca-Cola, Pepsi-Cola and there was RC Cola (Royal Crown Cola), which
was the first to create a diet drink. *****************************************
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From Our Publications
***************************************** A look between the Scylla and Charybdis of China's agriculture (JEKEM | Vol1 No 1) In most countries, including China, the road to agricultural development
is lettered with sanitized rhetoric, stale platitudes, broken promises
and failed strategies. For each country, the trajectory of development in agriculture
that emerges is a species of historical accident. Almost by
definition, in China as in other developing countries, the agriculture
sector is often the least integrated regionally and where the overlap
of regions is most often complete.
BRIC Vs Chindia Vs Chimerica (ChindiaBiz | Feb 06) Chindia Biz presents Google Search statistics on when and where did the interest on these acronyms peaked. Interestingly, geography, timeline and seasonality seem to be some large determinants of the people's interest. Please share your own comments/opinions/insights on the Google Statistics by using the "Comments" feature of the blog. The comments are moderated.
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Policy | Politics
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China Halts U.S. Military Exchanges Over Arms Sale to Taiwan (WSJ | Jan 30) China suspended military exchanges with the U.S. and threatened sanctions against American defense companies Saturday, just hours after Washington announced $6.4 billion in planned arms sales to Taiwan.
The West's recession spurs China's hunt for energy supplies in its own backyard (The Economist | Jan 29) since the Soviet Union's break-up, China has taken a back seat in the fierce competition between Russia and America for influence in this resource-rich region. In 2009, with the energy needs of its burgeoning economy continually growing, it woke up to new opportunities in its western backyard.
The politics of global disruption, and how they may change (The Economist | Jan 29) The 2010s, it is sometimes said, will be an age of scarcity. The warning signs of change are said to be the food-price spike of 2007-08, the bid by China and others to grab access to oil, iron ore and farmland and the global recession. The main problems of scarcity are water and food shortages, demographic change and state failure. How will that change politics?
Vying for Africa: India needs to tap its diaspora to match China (ET | Jan 31) Can India do a China in the continent of unlimited resources? China's big foray into the African continent has grabbed global attention. But there are many - such as Harvard professor Tarun Khanna - who believes that India has an edge in Africa because of its deep diaspora. "The fact that the Indian diaspora is deeply entrenched and spread across Africa and knows its way around is a big advantage," feels Dr Khanna, Jorge Paulo Lemann professor at the Harvard Business School, who has specialised in research on India and China.
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Logistics | Transportation
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(BS Monitoring | Jan 31) Honda Siel Cars India, the Indian subsidiary of Honda Motors of Japan, today said that it will recall more than 8,500 City sedans made in 2007 in the country to replace a defective switch. As the company sold 26,800 Citys during that year, almost every third of those cars will have to get the defective switch replaced. The announcement came two days after Toyota Motor Corporation, the world's largest car maker, announced one of history's biggest vehicle recalls - 2.5 million cars of top models like the Camry and Corolla Altis!
In China, rival carmakers may feed as Toyota lies wounded (Reuters | Jan 31) While South Korea's Hyundai Motor looks best placed to pick up U.S. sales from Toyota's massive safety recall, rival car makers may scent blood in the fast-growing Chinese and Indian markets.
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Infrastructure | Real Estate
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Citigroup And BoA Make Opposite Moves In Real Estate Funds (Business Insider | Jan 31) Citigroup and Bank of America are making divergent moves in a quest to pay off debt
and prepare themselves for new government regulation. Citi is trying to punt off its Citi Property Investors division in an effort to pay off its federal bail out debt. But Bank of America doesn't seem to be concerned about the impending rise in regulation, and is sticking with its Asia Real Estate Opportunity Fund. Bank of America now intends to pour more money into the fund to take advantage of further opportunities in the region including Singapore, India, and Japan.
China shakes up rules on land seizures (Financial Times | Jan 29) The State Council, China's cabinet, published the proposed regulations, which should increase compensation for relocation, make it easier for residents of houses marked for redevelopment to take legal action and limit conflicts during demolitions.
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Opinions
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Never Heard That Before (NYT | Jan 31) The Beijing Consensus, says Bennhold, is a "Confucian-Communist-Capitalist" hybrid under the umbrella of a one-party state, with a lot of government guidance, strictly controlled capital markets and an authoritarian decision-making process that is capable of making tough choices and long-term investments, without having to heed daily public polls.
India vs. China: Whose Economy Is Better? (TIME | Jan 28) In the inevitable comparisons that economists and businesspeople make between Asia's two rising giants, China and India, China nearly always comes out on top.
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Sincerely,
ICA Institute
Please send your comments/suggestions to prashant.das@icainstitute.org
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