Defence Budget: Towards an Outcome and Programme Based System The contents of the general, as well as, the defence budget of the Government of India have normally been widely discussed and debated. However, the focus mostly has been on the magnitude of the budget rather than the system of budgeting. Yet it is the system that needs to be the focus of discussions and requires reforms. Over a period of time, the budget documents had become quite static in terms of structure, content and communication of results. P. R. Sivasubramanian | October 2006 | Strategic Analysis
South Korean Response to the North Korean Nuclear Test The testing of a nuclear device by North Korea (hereafter the Democratic People’s Republic of Korea – DPRK) on October 9 has brought to the fore South Korea’s (hereafter the Republic of Korea – ROK) measured and considered response calibrated in such a manner as to force the DPRK to return to the negotiating table. The DPRK conducted its nuclear test even as the ROK President, Roh Moo-hyun was presiding over an emergency cabinet meeting called to discuss DPRKs preparations for a nuclear test. Raviprasad Narayanan | October 2006 | Strategic Analysis
Countering Terrorism as a Joint Venture? The outcome of the meeting between Prime Minister Manmohan Singh and President Pervez Musharraf at Havana has evoked mixed reactions from various quarters within both India and Pakistan. It has also raised a number of questions to which there are no easy answers. The meeting, which took place on September 16 on the sidelines of the Non-Aligned Movement (NAM) Summit, was obviously successful as it resulted in the resumption of the dialogue process, which had stalled in the aftermath of the Mumbai train blasts in July 2006. Sumita Kumar | September 27, 2006 | IDSA Comments
An Embarrassment of Riches!: China’s ‘Trillion Dollar’ Foreign Exchange Reserves If current trends are any indication, the global financial system will witness a unique 'first' in mid-October when China's foreign exchange reserves are expected to cross US$ 1 trillion. Raviprasad Narayanan | September 26, 2006 | IDSA Comments
The Havana Round: Much Ado about Nothing The meeting between Prime Minister Manmohan Singh and President Musharraf on the sidelines of the Havana non-aligned summit is being projected as an important breakthrough on the issue of terrorism as well as with regard to the broad contours of Indo-Pak relations. The meeting was significant as it was held in the aftermath of the Mumbai blasts, which had led to some tough talk by India. This Indian outburst underlined the frustration and limits of its tolerance to Pakistan's continued support to terrorism. Smruti S. Pattanaik | September 25, 2006 | IDSA Comments
India-South Korea: The State of Affairs The India-South Korea bilateral relationship is a remarkable example of how trade is the primary driver in global relationships. Ideology, which marked international relations in the previous decades, has given way to trade - which now is the international marker for relations. An important watershed in the relationship will be the beginning of construction for the POSCO integrated steel plant, which is slated to begin in April 2007 and would constitute the single largest foreign investment in India at US$ 12 b. Rohit Pattnaik | September 22, 2006 | IDSA Comments
Thailand’s Political Crisis Thailand is once again at the crossroads of political uncertainty and the entry of the military in the affairs of the state has created a sense of instability. On September 19, 2006, the Thai armed forces dismissed the Thai Rat Thai Party government and revoked the country's 1997 constitution even though acting Prime Minster Thaksin Shinawatra has announced a state of emergency in Thailand. General Sondhi Boonyaratkalin, the army chief, has assumed prime ministerial powers till alternate political arrangements are made. Pankaj K Jha | September 21, 2006 | IDSA Comments
Terrorism on the Decline in Jammu Region Terrorism has been wracking Jammu & Kashmir over the last two decades and the state has seen various shades of terrorist activities - from the violent aggressive phase involving fidayeen attacks on the camps of the security forces (SF) to the car bomb attacks that were witnessed last year to the present phase of grenade attacks, which can be considered a low cost but high impact option for the terrorists. Terrorist activities are presently more pronounced in the Kashmir Valley, whereas the number of terrorist initiated incidents have reduced in the Jammu region. B. S. Sachar | September 19, 2006 | IDSA Comments
India’s Response to Chinese Road Building In his latest address to the Indian Council of World Affairs on India's regional policy, Foreign Secretary Shyam Saran reflected that the government had a long-term vision of an integrated South Asia, in which geographical boundaries would become irrelevant. With this in mind, New Delhi has put in place a number of measures to help connect with other countries in the region. Significantly, the Foreign Secretary's speech highlighted India's changing policies towards China. Rajeev Ranjan Chaturvedy | September 14, 2006 | IDSA Comments
Bangladesh Prepares for the Next Elections Anxiety and uncertainty are perceptible even as Bangladesh prepares itself for the next elections scheduled for January 2007. As the incumbent BNP government prepares to transfer power to a caretaker government by the end of October 2006, there is a sense of visible unease about Bangladesh's political future, as many issues pertaining to these elections remain unresolved. It appears that a few issues need an amicable settlement before the ruling party hands over power to the caretaker government. Smruti S. Pattanaik | September 14, 2006 | IDSA Comments
