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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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Announcements
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Journalism Programs at Columbia University
(Columbia University | Jan 4)
Through the India China America Institute communication channels, the school would like to explore potential applicants who might be interested in their relatively new Robert Wood Johnson Foundation Program in Health and Science Journalism - a chance to earn an M.A. at the Columbia Journalism School. It's aimed at folks who want to be science, health, environmental journalists (either experienced journalists in other fields, or science journalists looking to raise their game). This particular program has more generous scholarship aid than most of their other programs.
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From Our Publications
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The Nano Controversy: Peasant Identities, the Land Question and Neoliberal Industrialization in Marxist West Bengal, India11
 (JEKEM)
As the peasant-Nano opposition suggests, urban activists and intellectuals dubbed the movement against the land acquisition and building of the factory as a complete rejection of globalization and industrialization. This paper contests these public images of the protests against land acquisition by drawing attention to certain paradoxes that the Singur case presents (which I discuss below). I address these paradoxes through an ethnography done in villages where the controversy and the protests took place for two years (2006-2008). My ethnography suggests a perspective on protests against land acquisition in India, which is different from the usual narrative of capitalist industrialization and globalization that Marxists, such as David Harvey (2007, 2008) has put forward.
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Headlines
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India vs. China in 2010
(WSJ | Dec 30)
Economists and western political leaders love to compare India and China, and it's an understandably irresistible comparison: They're both rising Asian economies with more than a billion people, and neighbors to boot.
HSBC sees China and America leading global mega-boom
(The Telegraph | Jan 5)
In a sweeping report entitled "The World in 2050", the bank said China would snatch the top slot as expected, but only narrowly. China at $24.6 trillion (constant 2000 dollars) and the US at $22.3 trillion will together tower over the global economy in bipolar condominium - or simply the G2 - with India at $8.2 trillion far behind in third slot, and parts of Europe slithering into oblivion.
Brazil - Jamaica's new best friend in Latin America
(Jamaica Observer | Jan 5)
Its new status of BRIC (Brazil, Russia, India, China), second-tier world power and dominant Latin American country, is evident in its role along with India as the voice of developing countries in the World Trade Organisation (WTO) and its assertiveness in the Organisation of American States (OAS) - for example, its central role in the 2009 Honduran crisis and its leadership in the creation of the Union of South American Nations (UNASUR).
French saddest people, Indians optimists'
(Hindustan Times | Jan 5)
French are the saddest people in the world while Indians are optimists, a survey has revealed. According to the BVA-Gallup poll of 53 countries, the French are the world champions of scepticism, with 61% of respondents saying 2011 will be "a year of economic difficulty". Britons were not far behind on 52%, Spaniards 48% and Italians 41%, the Daily Mail said. The poll found that 67% of French respondents believed unemployment would rise over the next 12 months. In fact, employment was also a major concern in the UK, with 74% of Britons believing unemployment would increase.
U.S. is Down, But Not Out as China, India and Russia Lead Global Auto Sales to Record Highs in 2011
(Scotia Bank | Jan 5)
The cyclical recovery in global auto sales that began in the spring of 2009 and accelerated last year will likely lift volumes to record highs in 2011, according to Scotia Economics' latest Global Auto Report. The emerging markets of China, India and Russia will continue to lead the way, but the U.S. market is also expected to post its second consecutive double-digit increase in the coming year, a development that has not occurred since the early 1980s.
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Education & Work Force Development
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India Will Survey Colleges and Universities
(The New York Times | Jan 3)
India's government is preparing to conduct the country's first comprehensive survey on higher education, according to a senior education official. The survey is part of a drive by the government as it plans a decade-long expansion to more than double the number of higher education institutions in India. India's education minister, Kapil Sibal, has pledged to increase the proportion of students enrolled in colleges and universities from 12.4 percent to 30 percent by 2020.
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Sustainability
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Beijing to Subsidize Green Cars with 1.7 Bln Yuan
(CRI English | Dec 6)
Beijing has approved a subsidy policy for green cars, which would provide a 1.73 billion-yuan allowance from the local government, First Financial Daily reports. The Beijing municipal government predicts that the city will have 23,000 electric and 7,000 hybrid cars on the road between 2010 and 2012. Green car owners will each be able to get about 60,000 yuan from the state and 20,000 to 40,000 yuan in subsidies from the local government.
Dalai Lama wants to go green
(Asia Times | Jan 5)
United States secret diplomatic documents disclosed by WikiLeaks have shown that the Dalai Lama, the Tibetan spiritual leader in exile, wants to shift the focus of the Free Tibet movement from Tibet's political future onto climate change in the Himalayan region. Frustrated by the stagnation of five decades of political wrestling with Beijing over Tibet's future, analysts say, the Dalai Lama now hopes that pressing Beijing over climate change in Tibet will attract more attention and support inside and outside of China.
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Culture
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China makes its first Bollywood movie
(InChin Closer | Dec 31)
Scripting the largest celluloid collaboration between China and India, a Beijing-based film group, Lighthouse Productions, backed by the China Film Group Corporation, the country's biggest State-run film enterprise is making China's first ever home-made "Bollywood" film production, a US$ 10 million project that will be set in China and India and is looking to rope in some of India's biggest stars.
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Capital Markets
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People's Daily Website IPO May Lead to a Wave of State-Run Media Listings
(Bloomberg | Jan 5)
People's Daily Online Co. Ltd., which operates the website People.com.cn, plans to sell 40 million shares at a price range of 15 yuan to 20 yuan a share in an initial public offering in Shanghai, China Daily reported today, citing an unidentified person. An official at the People's Daily's media hotline number who refused to give his name declined to comment on the report.
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Sincerely,
ICA Institute
Please send your comments/suggestions to prashant.das@icainstitute.org
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