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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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 Webinar: Competing with Emerging-market Multinationals: The Case of India
(ICA Institute | Feb )
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 | Jan )
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 Cooperation: Challenges and Opportunities
(India-US World Affairs Institute, Inc. | Feb 27)
The United States Congress approved the U.S.-India civilian nuclear cooperation agreement on October 1, 2008. The Agreement ended America's 34-year old ban on nuclear trade with India. However, more than a year after the deal was inked, there still are some hurdles before U.S. companies can start nuclear trade with India.
Event Flyer
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Headlines
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China Indicts Ex-Gome Chairman
(WSJ | Feb 15)
Huang Guangyu, once China's richest man, has been formally indicted on charges of insider trading, illegal business dealings and bribery.
China's Bank Moves Jolt Markets
(China's Bank Moves Jolt Markets | Feb 12)
China signaled Friday it is acting more quickly than expected to rein in its booming economy, jolting international shares and fueling concerns over the challenges Beijing faces as it seeks to rein in one of the world's biggest economies.
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From Our Publications
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Agricultural Development in India since Independence
(JEKEM | Vol1 No 1)
The
study indicates that there is scope to increase both net sown area and
gross sown area. The decomposition analysis indicates that rising
output per hectare is the predominant source of agricultural growth for
most of the crops and crop groups. The estimation of aggregate
agricultural production function with both intercept and slope dummy
indicates that land significantly affected the agricultural output
growth during 1950/51-1964/65 and after that land became less
significant and now labour and capital are significantly affecting the
agricultural output growth.
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Policy | Politics
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A hungry India balks at genetically modified crops
(MSN Money | Feb 15)
To many in India, embracing Bt brinjal - which has a gene owned by Monsanto Co - also means embracing corporate farming and surrendering some control of the nation's food supply to a powerful foreign company. They worry this could have disastrous consequences for the nation's 100 million small farming families.
China's Arms Sales to Latin America: Another Arrow in the Quiver
(The Jameston Foundation | Feb 16)
Strengthening China's military presence in Latin America is one of the many manifestations of Beijing's increased activity on the international stage. Arms sales is a subset of the Chinese military's growing involvement in Latin America. Yet, Chinese arms sales represent a small portion of its military sales and Latin America's arms purchases from around the globe. In an arms buyer-seller relationship, the benefits of increased sales do not reside exclusively with the seller, which in this case is China.
India Worries as China Builds Ports in South Asia
(The New York Times | Feb 18)
As trade in the region grows more lucrative, China has been developing port facilities in Pakistan, Bangladesh and Myanmar, and it is planning to build railroad lines in Nepal. These projects, analysts say, are part of a concerted effort by Chinese leaders and companies to open and expand markets for their goods and services in a part of Asia that has lagged behind the rest of the continent in trade and economic development.
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Capital Markets
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ICBC says to tighten lending to property developers
(Reuters UK | Feb 8)
Industrial and Commercial Bank of China (ICBC) (1398.HK)(601398.SS) said it will halt lending to property developers that are hoarding land and may even call back some loans, in a bid to guard against credit risks. The world's biggest bank by market capitalisation also reiterated that it planned to increase lending in a reasonable and balanced manner for the rest of the year after lending roughly 110 billion yuan ($16.11 billion) in January.
China cuts back America's credit line, Japan extends
(Examiner | Feb 16)
Data released by the Treasury Department on Tuesday showed that foreign purchases of U.S. assets fell sharply in December, the largest on record. Contained in these figures were several noteworthy trends and storylines that may provide substantial grist for the economy watching mill over the coming months. Naturally, the most headline-grabbing item was China's sharp reduction of its vast stockpile of U.S. Treasuries. The Chinese cut debt purchases to their lowest level in a year, and allowing Japan to (at least momentarily) overtake the country as the United States largest creditor.
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Technology
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 Indian and Chinese investors making a play for Africa
(Telecoms | Feb 17)
In the past week, Indian and Chinese investors have unveiled plans for their biggest investments in African telecoms to date. India's Bharti is in exclusive talks with Zain to buy the latter's operations in sub-Saharan Africa for US$10.7 billion. And a consortium including China Unicom is the highest bidder for Nigeria's fixed and mobile incumbent, Nitel. If the Bharti-Zain deal goes ahead it will not only mark the beginning of one era but also the end of another, as Zain will quit sub-Saharan Africa after being one of the biggest and expansionist players on the continent over the past few years.
China leads the world in hacked computers, McAfee study says
(The Washington Post | Feb 15)
More private computers were commandeered by hackers for malicious purposes in China in the last quarter of 2009 than in any other country, including the United States, according to a new study by an Internet security company.
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Education | Workforce Development
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Australia Plans Immigration Overhaul To Better Target Skilled Migrants
(NASDAQ | Feb 8)
Immigration Minister Chris Evans said in a statement. But the changes mean around 20,000 would-be migrants--who applied before Sept. 1, 2007, under easier standards, including lower English language skills and less rigorous work experience requirements--will have their applications canceled.
US wants Indian businesses to create jobs in America
(Economic Times | Feb 18)
"However, if you are a multinational and you are investing in India, and your workforce is in India, and your plants and equipment are in India, but your headquarters are here, you are taking deductions on all the expenses in India, but you are keeping your profits outside the US; and that just doesn't seem entirely fair", he had argued.
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Opinions
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U.S.-China growing pains
(The Washington Post | Feb 8)
Despite the recent squall in U.S.-Chinese relations, both countries have powerful reasons to cooperate with one another. These have grown over the past two decades, a progression that both countries seem to recognize.
US and China: Tetchy twins
(The Guardian | Feb 8)
How different the picture looks today - and how wounded the official tone. China sent a deputy foreign minister to negotiate with Mr Obama in Copenhagen, scuppering the deal that not just the US but many other countries wanted. Next came the cyber-attacks on Google. Then the White House approved a decision to sell patriot missiles to Taiwan, announced that Mr Obama would meet the Dalai Lama and lectured China on its overvalued currency.
 China Has a Plan, America Doesn't
(Before It's News | Feb 16)
America has been squandering money it borrowed from the Chinese. Instead of criticizing China's monetary policy, US President Barack Obama should acknowledge the financial skill being displayed by the new world power and learn a few useful lessons.
 In America we trust
(iStock Analyst | Feb 18)
In India, China, Brazil and dozens of other countries, ambitious people are creating better lives for themselves and their children. These children will go on to provide new opportunities for their own children-just like what happened in the United States in decades past. The Chinese and the Indians and the Brazilians will get knocked down along the way, but their strong belief in what we call "the American Dream" will help them get up and continue to prosper.
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Sincerely,
ICA Institute
Please send your comments/suggestions to prashant.das@icainstitute.org
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